Examples of Reference Item in a sentence
Recommendation 1RESOLVED – The Area Committee Terms of Reference (Item 1, Appendix 2) were noted.
No investigation, due diligence or other enquiries have been made by the Issuer, the Fiscal Agent or any other related person in respect of any Reference Entity (including its existing or future creditworthiness) or any Reference Obligation, Obligation, Valuation Obligation or other obligations of the Reference Entity (as applicable) (each, a "Credit Reference Item").
A Security will not represent a claim against any Reference Entity or any Credit Reference Item (as defined below) in respect of which any amount of principal and/or Coupon Amount payable is dependent and, in the event that the amount paid by the Issuer is less than the principal amount of the Securities, a Securityholder will not have recourse under a Security to the Issuer or any Reference Entity or any Credit Reference Item.
Prospective investors should be aware that any returns on the Securities may be payable to Securityholders in a currency (i.e. the settlement currency) other than the currency in which the Credit Reference Item is denominated (i.e. the reference currency).