Reference Transaction definition

Reference Transaction means a hypothetical credit derivative transaction (a) for which the Deliverable Obligation Terms and the Reference Obligation are (i) the same as the terms applicable for determining Valuation Obligations (the "Valuation Obligation Terms") and the Reference Obligation specified in respect of the Notes or (ii) if and to the extent Valuation Obligation Terms and/or the Reference Obligation are not specified, the Deliverable Obligation Terms and Reference Obligation determined by the Calculation Agent in a commercially reasonable manner to be appropriate in respect of a credit derivative transaction linked to the relevant Reference Entity, (b) with a scheduled termination date matching the Scheduled Maturity Date of the Notes and (c) otherwise having such other characteristics as the Calculation Agent may in its sole discretion determine appropriate by reference to, without limitation, the Issuer's hedging arrangements and/or any credit derivative elections made in relation to the Notes.
Sample 1Sample 2Sample 3
Reference Transaction means a hypothetical credit derivative transaction:
Sample 1Sample 2Sample 3
Reference Transaction has the meaning set forth in Section 6.8 (d)(ii).
Sample 1Sample 2

Examples of Reference Transaction in a sentence

  • Sample Digital Reference Transaction Record.M. Sample Digital Reference Data Collection Worksheet – Compilation.

  • Sample Digital Reference Transaction Record.R. Log Analysis – User's Browser / User's Platform.

  • Property Graph SPARQL 1.1, primarily designed for pattern (subgraph) matching, also supports path traversal in a property graph and is capable of matching paths of arbitrary length [10].

  • Reference Transaction: A certain pool (Reference Pool) of residential Mortgage Loans(Reference Obligations) with an initial aggregate UPB as of the Cut- ACIS 2020-SAP1 Policy No.off Date equal to the Cut-off Date Balance.

  • I really hope it comes back" -Olfactory impair- ment following Traumatic Brain Injury: a longitudinal study.

  • Reference Transaction: A certain pool (Reference Pool) of residential Mortgage Loans ACIS 2021-SAP7 Policy No.(Reference Obligations) with an initial aggregate UPB as of the Cut- off Date equal to the Cut-off Date Balance.

  • HISTORY Date Reference Transaction Details18/11/2005WK/200502015ConversionConversion : Club Licence7/11/2006WK/200602552RenewalRenewal: Club Premises (LA 2003) LN/20050031331/10/2007WK/200703235Annual FeeRenewal: Club Premises Cert.

  • Sample Digital Reference Transaction Record.Q. Log Analysis – Usage by Day of the Week / Usage by Time of the Day.

  • Incorporation of Certain Documents by Reference Transaction Systems Architects, Inc.

  • Do not also count under "Free" If you are recording the specific source used for each question, record this detailed information on the Digital Reference Transaction Form.


More Definitions of Reference Transaction

Reference Transaction has the meaning set forth in Section 6.8 (d)(ii). “Reference Working Capital” has the meaning set forth in Exhibit A. “Regulatory Approvals” means the Antitrust Approvals, the Fincos Approvals and the Licensed Entities Approvals, and any of them a “Regulatory Approval”. “Related Party Agreements” has the meaning set forth in Section 4.15. “Relevant Date” has the meaning set forth in Section 1.3(c). “Relevant UK Pensions Step” has the meaning set forth in Section 8.8(b). “Relief” includes any relief, loss, allowance, exemption, set‑off, deduction or credit in computing or against profits or Tax or any right to the repayment of Tax. “Reorganization Transactions” has the meaning set forth in Section 6.4(a)(ii). “Representative Member” has the meaning set forth in Section 8.3(c).
Sample 1
Reference Transaction means any transfer of a Share, B Preference Share or (following the redemption in full of all the B Preference Shares) A Ordinary Share or Warrant to the relevant Drag-Along Purchaser, Tag-Along Purchaser or Mandatory Purchaser (or any concert parties or affiliates) in the twelve (12) month period preceding the date of the notice triggering the relevant Drag-Along Sale, Tag-Along Sale or Mandatory Offer process, as applicable.The fair market value of any non-cash consideration included in the Look-Through Consideration per Share will be determined in accordance with these fair market value procedures below.Price for SunCo Securities: The consideration to be paid to the holder thereof for each SunCo Security in a Drag-Along Sale, Tag-Along Sale or Mandatory Offer will be an amount in cash equal to the amount that would have been received by the holder of such SunCo Security following a sale of all of SunCo’s TopCo Shares at the Drag Price, Tag Price, or Mandatory Offer Price, as applicable.Fair Market Value Procedures: If any Dragged Shareholder so requests, if there is a Drag-Fair Market Value Event, or if there is a Fair Market Value Event and any Tagging Shareholder or shareholder to whom a Mandatory Offer is extended so requests, in case of a Tag-Along Sale or a Mandatory Offer, a fair market value procedure would apply as set out in the Composite Governance Documents. If the fair market value so determined for a TopCo Share that is a Dragged Security, Tagging Security or Mandatory Offer Security is higher than its Drag-Along Reference Price, Tag-Along Reference Price or Mandatory Offer Reference Price, as applicable, the Drag Price, Tag Price or Mandatory Offer Price as applicable for the Drag-Along Sale, Tag-Along Sale or Mandatory Offer procedure will be equal to the fair market value of a TopCo Share as so determined.The value of any non-cash consideration paid in any Reference Transaction will also be determined in accordance with the same fair market value procedures.For purposes of the Drag-Along provisions described above:A “Drag Fair Market Value Event” occurs, in connection with a Drag-Along Sales, (i) if the Drag-Along Purchaser is KKR, Highbridge or Sankaty (or any of their concert parties or affiliates or related funds), or (ii) the number of Shares transferred in the Drag-Along Sale or any Reference Transaction for the Drag Along Sale that is a bona fide arms’ length transaction or part of a series of related transactions involving a trans...
Sample 1

Related to Reference Transaction

  • Acquisition Transaction Announcement means (i) the announcement of an Acquisition Transaction or an event that, if consummated, would result in an Acquisition Transaction, (ii) an announcement that Counterparty or any of its subsidiaries has entered into an agreement, a letter of intent or an understanding designed to result in an Acquisition Transaction, (iii) the announcement of the intention to solicit or enter into, or to explore strategic alternatives or other similar undertaking that may include, an Acquisition Transaction, (iv) any other announcement that in the reasonable judgment of the Calculation Agent may result in an Acquisition Transaction, or (v) any announcement of any change or amendment to any previous Acquisition Transaction Announcement (including any announcement of the abandonment of any such previously announced Acquisition Transaction, agreement, letter of intent, understanding or intention). For the avoidance of doubt, announcements as used in the definition of Acquisition Transaction Announcement refer to any public announcement whether made by the Issuer or a third party.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Acquisition Transaction has the meaning set forth in Section 5.09(a).

  • Excluded Transactions means:

  • Proposed Acquisition Transaction means, with respect to a SpinCo, a transaction or series of transactions (or any agreement, understanding or arrangement, within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other Treasury Regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by the management or shareholders of such SpinCo, is a hostile acquisition, or otherwise, as a result of which such SpinCo would merge or consolidate with any other Person or as a result of which any Person or Persons would (directly or indirectly) acquire, or have the right to acquire, from such SpinCo and/or one or more holders of outstanding shares of Capital Stock of such SpinCo, a number of shares of Capital Stock of such SpinCo that would, when combined with any other changes in ownership of Capital Stock of such SpinCo pertinent for purposes of Section 355(e) of the Code, comprise 45% or more of (a) the value of all outstanding shares of stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (b) the total combined voting power of all outstanding shares of voting stock of such SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by such SpinCo of a shareholder rights plan or (ii) issuances by such SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof is intended to monitor compliance with Section 355(e) of the Code and shall be interpreted accordingly. Any clarification of, or change in, the statute or Treasury Regulations promulgated under Section 355(e) of the Code shall be incorporated into this definition and its interpretation.

  • Exempt Acquisition means a share acquisition in respect of which the Board of Directors has waived the application of Section 3.1 pursuant to the provisions of Subsection 5.1(a) or (h);