Examples of Repo Transaction in a sentence
In the event that CMS cannot allocate sufficient eligible Securities to settle a Triparty Repo Transaction in whole (an “allocation fail”), such Triparty Repo Transaction shall be settled partially only prorata to the amount of eligible Securities available in the Collateral Giver’s account.
As a consequence thereto, the mutual obligations arising out of the Eurex Repo Transaction which had originally been agreed upon, shall be offset against each other so that the parties, with the exception of the Repo interests agreed upon, do not owe each other any further payment or delivery.
Such occurrence may arise where the Issuer Cash Settlement Amount is due and payable after the Repurchase Date of such related Repo Transaction or where an Unsettled Credit Event is determined as at the Credit Event Observation Period End Date.
Extension of the Credit Default Swap Transaction, the Repo Transaction and Payment of Partial Redemption Amount In certain circumstances, the termination date of each Credit Default Swap Transaction and the repurchase date of the related Repo Transaction may extend beyond the scheduled termination date and repurchase date, respectively.
The last occurring Additional Repurchase Date will be the termination date of the Repo Transaction and the Credit Default Swap Transaction relating to the relevant Class of Notes.