Repudiation/Moratorium Extension Notice definition

Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.
Repudiation/Moratorium Extension Notice means an irrevocable notice from the Calculation Agent to the Issuer that describes a Potential Repudiation/Moratorium that occurred on or prior to the Credit Observation End Date. The Calculation Agent shall only deliver a Repudiation/Moratorium Extension Notice where it determines that Publicly Available Information exists confirming the existence or occurrence of the relevant Potential Repudiation/Moratorium. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective. The Calculation Agent may deliver multiple Repudiation/Moratorium Extension Notices in respect of a Reference Entity. In particular, the Calculation Agent may deliver a Repudiation/Moratorium Extension Notice such that there is an Uncured Default in respect of one or more Specified Payment Dates.
Repudiation/Moratorium Extension Notice means an irrevocable notice (which may be by telephone) from the Credit Default Swap Counterparty to the Seller that describes a Potential Repudiation/Moratorium that occurred on or after the Trade Date and on or prior to the Notice Cut-Off Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/ Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective. A Repudiation/Moratorium Extension Notice may only be delivered between 9.00 am and 4.00 pm (London time) on a Business Day. Any notice which is delivered after 4.00 pm (London time) shall be deemed to be delivered and to take effect the next following Business Day.".

More Definitions of Repudiation/Moratorium Extension Notice

Repudiation/Moratorium Extension Notice means an irrevocable notice (which may be in writing (including by facsimile and/or by email) and/or by telephone) from the Counterparty to the Issuer (copied to the Trustee, the Calculation Agent and the Principal Paying Agent) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Termination Date (determined by reference to Greenwich Mean Time (or, if the Transaction Type of the relevant Reference Entity is Japan Corporate or Japan Sovereign, Tokyo time)). A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.
Repudiation/Moratorium Extension Notice means an irrevocable notice from the Calculation Agent to the Issuer that describes a Potential Repudiation/Moratorium that occurred on or prior to the Credit Observation End Date. The Calculation Agent shall only deliver a Repudiation/Moratorium Extension Notice where it determines that Publicly Available Information exists confirming the existence or occurrence of the relevant Potential
Repudiation/Moratorium Extension Notice means an irrevocable notice from the Calculation Agent to the Issuer that describes a Potential Repudiation/Moratorium that occurred on or prior to the Credit Observation End Date. The Calculation Agent shall only
Repudiation/Moratorium Extension Notice means an irrevocable notice from the Issuer to the Noteholders that describes a Potential Repudiation/Moratorium that occurred on or after the Effective Date and on or
Repudiation/Moratorium Extension Notice means an irrevocable notice from the Issuer to the Noteholders delivered in accordance with Condition 13 (Notices) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date (determined by reference to Greenwich Mean Time (or, if the Transaction Type of the relevant Reference Entity is Japan Corporate or Japan Sovereign)). A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.
Repudiation/Moratorium Extension Notice means an irrevocable notice from the Issuer to the Noteholders delivered in accordance with Condition 13 (Notices) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled
Repudiation/Moratorium Extension Notice means a notice from the Determination Agent to the Issuer that describes a Potential Repudiation/Moratorium that occurred on or after the Credit Observation Commencement Date and on or prior to the Scheduled Maturity Date. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Mor atorium Extension Notice need not be continuing on the date Repudiation/Moratorium Extension Notice is effective.