Grace Period Extension Date definition

Grace Period Extension Date means, if:

Grace Period Extension Date means, if (a) Grace Period Extension is specified as applicable in the applicable Final Terms and (b) a Potential Failure to Pay occurs on or prior to the Scheduled Termination Date, the date that is the number of days in the Grace Period after the date of such Potential Failure to Pay.

Grace Period Extension Date means, if a Potential Failure to Pay occurs on or prior to the Scheduled Maturity Date, the date that is the number of days in the Grace Period after the date of such Potential Failure to Pay.

Examples of Grace Period Extension Date in a sentence

• If, in respect of these Notes, a Risk Event Notice has not been given on or prior to the scheduled Maturity Date or the or the Grace Period Extension Date (if applicable) but a Risk Event may have occurred, such date may be postponed and, if a Risk Event subsequently occurs, these Notes will be redeemed as further described in the Conditions.

• The Issuer may be liable to pay a Cash Settlement Amount determined to be due to the Swap Counterparty under the Credit Default Swap if a Credit Event occurs thereunder on or prior to such Grace Period Extension Date.

• 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.

• The delivery by the Swap Counterparty of a Potential Failure to Pay Extension Notice with respect to a Reference Obligation will have the effect of extending the Notice Delivery Period in respect of the relevant Reference Obligation to the date falling 10 Business Days after the Grace Period Extension Date.

• 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.

More Definitions of Grace Period Extension Date

Grace Period Extension Date means, with respect to any Potential Failure to Pay, the date that is the number of days constituting the relevant Grace Period after the date of the commencement of such Potential Failure to Pay.

Grace Period Extension Date means, if (a) Grace Period Extension is specified as applicable in the related Confirmation and (b) a Potential Failure to Pay occurs on or prior to the Scheduled Termination Date, the date that is the number of days in the Grace Period after the date of such Potential Failure to Pay. If Grace Period Extension is not specified as applicable in the related Confirmation, Grace Period Extension shall not apply to the relevant Credit Derivative Transaction.

Grace Period Extension Date means, if (a) Grace Period Extension is specified as applicable in the Issue Terms and (b) a Potential Failure to Pay occurs 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)), the date that is the number ofdays in the Grace Period after the date of such Potential Failure to Pay. If Grace Period Extension is not specified as applicable in the Issue Terms, Grace Period Extension shall not apply. If (i) Grace Period Extension is specified as applicable in the Issue Terms, (ii) a Potential Failure to Pay occurs 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)) and (iii) an Event Determination Date in respect of that Failure to Pay does not occur on or prior to the last day of the Notice Delivery Period, the later of the Scheduled Termination Date and the Grace Period Extension Date will be the Maturity Date (even if a Failure to Pay occurs after the Scheduled Termination Date).

Grace Period Extension Date means, if (1) grace period extension is specified to be applicable to the relevant Reference Entity (RS) under the terms of the relevant Reference Swap; and (2) a Potential Failure to Pay occurs on or prior to the Scheduled Maturity Date, the date which is the number of days in the applicable grace period (determined in accordance with the terms of the relevant Reference Swap) after the date of such Potential Failure to Pay.

Grace Period Extension Date means, with respect to a Reference Entity, if (i) “Grace Period Extension” is specified as applicable to that Reference Entity in the Standard and (ii) a Potential Failure to Pay occurs on or prior to the Credit Observation End Date, the date that is the number of days in the Grace Period after the date of such Potential Failure to Pay. If “Grace Period Extension” is not specified as applicable to that Reference Entity in the Standard, Grace Period Extension shall not apply to the Securities.If (i) Grace Period Extension is specified as applicable with respect to a Reference Entity, (ii) a Potential Failure to Pay occurs on or prior to the Credit Observation End Date and (iii) a Potential Failure to Pay results in a Credit Event after the Credit Observation End Date, but on or prior to the Extension Date, the Maturity Date will be the third Business Day following the Valuation Date with respect to a Reference Entity.

Grace Period Extension Date means, if (a) Grace Period Extension is specified in the Final Terms as applicable in relation to a Reference Entity and (b) a Potential Failure to Pay occurs 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 (as such terms are defined in the 2005 Matrix Supplement), Tokyo time)), the date that is the number of days in the Grace Period after the date of such Potential Failure to Pay. If Grace Period Extension is not specified in the Final Terms as applicable in relation to the relevant Reference Entity, Grace Period Extension shall not apply;

Grace Period Extension Date means, with respect to any Reference Obligation, the date on which any stipulated grace period for payments under the terms of such Reference Obligation expires;