Repudiation/Moratorium Evaluation Date definition

Repudiation/Moratorium Evaluation Date means, if a Potential Repudiation/Moratorium occurs on or prior to the Credit Observation End Date (i) if the Obligations to which such Potential Repudiation/Moratorium relates include Bonds, the date that is the later of (A) the date that is sixty days after the date of such Potential Repudiation/Moratorium and (B) the first payment date under any such Bond after the date of such Potential Repudiation/Moratorium (or, if later, the expiration date of any applicable Grace Period in respect of such payment date) and (ii) if the Obligations to which such Potential Repudiation/Moratorium relates do not include Bonds, the date that is sixty days after the date of such Potential Repudiation/Moratorium; provided that, in either case, the Repudiation/Moratorium Evaluation Date shall occur no later than the Credit Observation End Date unless the Repudiation/Moratorium Extension Condition is satisfied.

Repudiation/Moratorium Evaluation Date means, if a Potential Repudiation/Moratorium occurs on or prior to the Scheduled Termination Date:

Repudiation/Moratorium Evaluation Date means, if a Potential Repudiation/Moratorium occurs, (a) if the Obligations to which such Potential Repudiation/Moratorium relates include Bonds, the date that is the later of (i) the date that is 60 days after the date of such Potential Repudiation/Moratorium and (ii) the first payment date under any such Bond after the date of such Potential Repudiation/ Moratorium (or, if later, the expiration date of any applicable Grace Period in respect of such payment date) and (b) if the Obligations to which such Potential Repudiation/ Moratorium relates do not include Bonds, the date that is 60 days after the date of such Potential Repudiation/Moratorium.

Examples of Repudiation/Moratorium Evaluation Date in a sentence

• Any Credit Event Notice that describes a Credit Event that occurred after the Scheduled Maturity Date must relate to the relevant Potential Failure to Pay, in the case of a Grace Period Extension Date, or the relevant Potential Repudiation/Moratorium, in the case of a Repudiation/Moratorium Evaluation Date.

• Repudiation/Moratorium is specified as applicable in the Credit Default Swap with respect to such Reference Entity, a Potential Repudiation/Moratorium has occurred with respect to such Reference Entity and the Repudiation/Moratorium Extension Condition has been satisfied but the Repudiation/Moratorium Evaluation Date has not yet occurred.

• The amount payable in respect of principal of and interest on any Notes will be dependent in part upon whether, and the extent to which, during the period from and including the Trade Date specified in the Portfolio CDS to and including the Scheduled Termination Date, the Grace Period Extension Date or the Repudiation/Moratorium Evaluation Date, as applicable one or more Credit Events has occurred in relation to any Reference Entity comprised in the Reference Portfolio from time to time.

• Accordingly, at the association’s 2021 Annual Meeting, IAATO’s Climate Change Working Group was upgraded to a Climate Change Committee1.

• If the Calculation Agent determines, in it sole and absolute discretion, that a Potential Repudiation/Moratorium has occurred, no payment whatsoever shall be made under the Securities from and including the date of such determination until three Business Days following the Repudiation/Moratorium Evaluation Date (a “ Potential Repudiation/Moratorium Period”).

More Definitions of Repudiation/Moratorium Evaluation Date

Repudiation/Moratorium Evaluation Date means if a Potential Repudiation/Moratorium occurs on or prior to the Scheduled Termination Date, the date that is the later of (a) the date that is sixty calendar days after the date of such Potential Repudiation/Moratorium and (b) the first payment date under any such Bond (as defined in the Credit Derivatives Definitions) comprised in the Obligations after the date of such Potential Repudiation/Moratorium (or, if later, the expiration date of any applicable Grace Period in respect of such payment date).

Repudiation/Moratorium Evaluation Date means if a Potential Repudiation/Moratorium occurs on or prior to the Scheduled Termination Date, the date that is the later of (i) the date that is sixty calendar days after the date of such Potential Repudiation/Moratorium, and (ii) the first payment date under any such Bond (as defined in the Credit Derivative Definitions) comprised in the Obligations after the date of such Potential Repudiation/Moratorium (or, if later, the expiration date of any applicable Grace Period in respect of such payment date).

Repudiation/Moratorium Evaluation Date means, if a Potential Repudiation/Moratorium occurs on or prior to the Scheduled Credit Protection End Date,

Repudiation/Moratorium Evaluation Date means, if a Potential Repudiation/Moratorium occurs on or prior to the last day of the Credit Protection Period:

Repudiation/Moratorium Evaluation Date means, if a Potential Repudiation/Moratorium occurs on or prior to the Scheduled Maturity Date (i) if the Obligations to which such Potential Repudiation/Moratorium relates include Bonds, the date that is the later of (A) the date that is sixty

Repudiation/Moratorium Evaluation Date means that date 60 days after the event described in (i)

Repudiation/Moratorium Evaluation Date means with respect to an Extension Notice Reference Entity in respect of which a Repudiation/Moratorium Extension Notice has been served on or prior to the Applicable Credit Protection Term End Date (a) if the Obligations to which such Repudiation/Moratorium Extension Notice relates include Bonds, the date that is the later of (1) the date that is 60 days after the date of the relevant Potential Repudiation/Moratorium and (2) the first payment date under any such Bond after the date of the relevant Potential Repudiation/Moratorium (or, if later, the expiration date of any applicable Grace Period in respect of such payment date) and (b) if the Obligations to which such Repudiation/Moratorium Extension Notice relates do not include Bonds, the date that is 60 days after the date of the relevant Potential Repudiation/Moratorium.