Reference Entities definition

Reference Entities means, in respect of Credit Linked Covered Bonds entities as indicated in the applicable Final Terms;

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Reference Entities means an entity which at any time forms part of the Reference Portfolio in accordance with the provisions hereof and the Portfolio Management Agreement.

Reference Entities means Banco Santander, S.A., Banco Bilbao Vizcaya Argentaria, S.A. and Banco Popular Español, S.A. or other financial entities that substitute them by virtue of subsection 12.2.2 (iv).

Examples of Reference Entities in a sentence

• Subject to Paragraph 7.5 of the General Terms Confirmation, each Component Transaction (a) constitutes a separate and independent Credit Derivative Transaction between Party A and Party B with respect to one of the Reference Entities listed in the Relevant Annex, (b) shall not be affected by any other Credit Derivative Transaction between Party A and Party B and (c) shall operate independently of each other Component Transaction in all respects.

• None of the Issuer, the Swap Counterparty or the Calculation Agent or any of their respective affiliates will have any obligation to keep investors informed as to any matters with respect to the Reference Entities or any of their obligations, including whether or not circumstances exist that give rise to the possibility of the occurrence of a Credit Event or a Succession Event with respect to the Reference Entities.

• This Offering Circular and any Offering Circular Supplement will provide limited information with respect to the Reference Entities.

• Investors should conduct their own investigation and analysis with respect to the creditworthiness of Reference Entities and the likelihood of the occurrence of a Credit Event and seek appropriate advice where necessary.

• Reference Amount is calculated by summing the Reference Amounts of all the Reference Obligations in the Reference Portfolio and dividing such amount by the sum of the number of Reference Entities in the Reference Portfolio.

More Definitions of Reference Entities

Reference Entities means BNP Paribas, S.A., ▇▇▇▇▇▇▇ ▇▇▇▇▇ International, ING Groep, N.V. and Natixis Bank, S.A. The Subsidiary Substitute Interest Rate determined in accordance with the foregoing shall be applicable as from the date of the due determination thereof. In the event that any of the Reference Entities were to merge with, or were to be taken-over by, any other credit entity, for the purposes of this Agreement the newly resultant or acquiring entity shall substitute the merged or acquired entity. If, on the other hand, the excision or segregation of any of the Reference Entities were to take place, all of the financial entities resulting from the excision or segregation that continue to be credit entities shall be considered to be Reference Entities. In the event that any of the Reference Entities were to be wound-up, cannot provide any reference rate for any reason or were to cease to exist for any reason other than the reasons provided for in the preceding paragraph, as well as if any of the Reference Entities were to be incorporated into this Agreement in the capacity of Lenders, the Agent shall designate the entity that is to replace the Reference Entity in question, and shall duly notify such designation to the Lenders and to the Borrower. Leaving aside the situations of mandatory substitution which are set out in the preceding paragraph, any of the Reference Entities may be substituted for another entity by means of agreement between the Borrower and the Agent.

Reference Entities means, in respect of any Notes, the reference entities comprised in the relevant Reference Portfolio from time to time.

Reference Entities means American Express Company, Bank of America Corporation, DBS Bank Ltd., HSBC Bank PLC, JPMorgan Chase & Co., Singapore Telecommunications Limited and Standard Chartered Bank (each a “Reference Entity”) or any of their respective Successors.

Reference Entities means Río Energy S.A., Ugen S.A. and Uensa S.A.

Reference Entities means the portfolio of entities (including Successors) designated by the Swap Counterparty.

Reference Entities means Assured Guaranty Corp and its successors, assigns and transferees and MBIA Inc. and its successors, assigns and transferees.

Reference Entities. The Obligor on and Issuer of each Reference Obligation.