Examples of Nth to Default Transaction in a sentence
Except with respect to any First to Default Transaction or Nth to Default Transaction for which Landsbanki and Glitnir Banki hf are each Reference Entities (each such Transaction, an "Affected Transaction"), any Credit Event Notice, Notice of Publicly Available Information or Notice of Physical Settlement delivered with respect to Landsbanki or the Landsbanki Portion shall be deemed revoked, and neither party shall have any obligations with respect to any such notice.
Covered Non-Swaption Transaction means any Credit Derivative Transaction that is a Single Name CDS Transaction, a Constant Maturity Swap Transaction, a Principal Only Transaction, an Interest Only Transaction, a First to Default Transaction, an Nth to Default Transaction, a Recovery Lock Transaction, a Fixed Recovery Transaction, a Preferred CDS Transaction, a Reference Obligation Deliverable Transaction or a Bespoke Portfolio Transaction.
Covered Non-Swaption Transaction means any Credit Derivative Transaction that is a Single Name CDS Transaction, a Constant Maturity Swap Transaction, a Principal Only Transaction, an Interest Only Transaction, a First to Default Transaction, an Nth to Default Transaction, a Recovery Lock Transaction or a Bespoke Portfolio Transaction.
Any Except with respect to any First to Default Transaction or Nth to Default Transaction for which Landsbanki and Glitnir Banki hf are each Reference Entities (each such Transaction, an "Affected Transaction"), any Credit Event Notice, Notice of Publicly Available Information or Notice of Physical Settlement delivered with respect to Washington MutualLandsbanki or the Washington MutualLandsbanki Portion shall be deemed revoked, and neither party shall have any obligations with respect to any such notice.
He stated Walmart was closing 154 stores, the American and Chinese stock markets were not good, and the price of oil was low so everything was out of balance.
The documentation relating to each Auction Covered Transaction that is an Nth to Default Transaction is amended as follows: Notwithstanding anything to the contrary in the documentation, the final Fixed Rate Payer Calculation Period in respect of the Fixed Amount payable in respect of the Affected Reference Entity shall end on, and include, the Credit Event Resolution Request Date and the resulting Fixed Amount shall be paid on the Accrual Reference Date.
CurrencyMarch 31,2014March 31,2013USD890.71814.36Euro58.07(2.42)JPYNil(8.50)SEKNil5.3746 The subsidiary Company accounts for its direct expenses including depreciation as direct cost of construction, which are however charged, to the respective heads of accounts in consolidated accounts.47 Previous year’s figures have been regrouped, rearranged and reclassified wherever necessary.
The documentation relating to each Auction Covered Transaction that is an Nth to Default Transaction is amended as follows: Notwithstanding anything to the contrary in the documentation, the final Fixed Rate Payer Calculation Period in respect of the Fixed Amount payable in respect of the Affected Reference Entity shall end on, and include, the Credit Event Resolution Request Date and the resulting Fixed Amount shall be paid on the Auction Settlement Date.
Except with respect to any First to Default Transaction or Nth to Default Transaction for which Glitnir and Landsbanki and Glitnir BankiÍslands hf are each Reference Entities (each such Transaction, an "Affected Transaction"), any Credit Event Notice, Notice of Publicly Available Information or Notice of Physical Settlement delivered with respect to LandsbankiGlitnir or the LandsbankiGlitnir Portion shall be deemed revoked, and neither party shall have any obligations with respect to any such notice.