Reference Obligation Category definition

Reference Obligation Category means one of Payment, Borrowed Money, Reference Obligations Only, Bond, Loan, or Bond or Loan (each as defined in Section 2.19(a), except that, for the purpose of determining Reference Obligations, Section 2.19(a)(iii) (Reference Obligations Only) shall be amended to state that no Reference Obligation Characteristics shall be applicable to Reference Obligations Only).
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Reference Obligation Category means Bond or Loan. “Reference Obligation Characteristics” are as follows:Assignable Loan; Consent Required Loan; Transferable;Maximum Maturity: 30 years; Not Bearer;Specified Currency;Not Contingent; and(in respect of Senior Reference Entities only) Not Subordinated. 5.6 Cash Reserve Each amount to be credited to the Cash Reserve pursuant to the terms and conditions of the Notes shall be paid by Party B to Party A (or Party B shall procure that such payment is made) and each amount to be debited from the Cash Reserve pursuant to the terms and conditions of the Notes shall be paid by Party A to or to the order of Party B, in each case on the relevant date therefor in accordance with the terms and conditions of the Notes. 5.7 Portfolio Unwind Event This Transaction shall terminate on any date on which the Notes are required to be redeemed pursuant to Additional Provision E of the terms and conditions of the Notes and an amount shall be payable by or to Party A or Party B equal to the market value of the Transaction, as determined by the Calculation Agent in its sole and absolute discretion. 5.8 Account Details Payments to Party A Payments in EURThe account with: Citibank, LondonAccount No: 10403229For the account of: Credit Suisse International, LondonPayments in GBPThe account with: HSBC Bank Plc, London (MIDLGB22) CHAPS: 400515 Account No: 58943787For the account of: Credit Suisse International (CSFPGB2L) Payments in USD The account with: The Bank of New York, New York (IRVTUS3N) ABA:021000018Account No: 890-0360-968For the account of: Credit Suisse International (CSFPGB2L) Payments to Party B The account with: Deutsche Bank, Frankfurt (SWIFT: DEUTDEFF) Account No:922 1292 00For the account of: The Bank of New York Mellon (SWIFT: IRVTBEBB) Ref: Corporate Trust, ISIN: XS0381707594BOATS Investments (Netherlands) B.V. Series 115 Please confirm that the foregoing correctly sets forth the terms of our agreement by executing the copy of this Confirmation enclosed for that purpose and returning it to us. Yours sincerely CREDIT SUISSE INTERNATIONAL By: Name: Title: Confirmed as of the date first written above.
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Reference Obligation Category means Bond or Loan. “Reference Obligation Characteristics” are as follows:Assignable Loan;Consent Required Loan;Transferable;Maximum Maturity: 30 years; Not Bearer;Specified Currency; and Not Contingent. 7.5 Subparagraph (j) of Part 1 of the Schedule to the Agreement shall not apply. 7.6 If this Transaction is terminated early pursuant to Section 6(a) or 6(b), the Notes will become due for redemption pursuant to Condition 6(b)(ii) and the provisions of paragraph 4 above shall apply. Accordingly, notwithstanding the designation of any day as the Early Termination Date, this Transaction shall terminate in accordance with such paragraph 4above and no payments and deliveries shall be due other than those set out in such paragraph 4 above. 7.7 Party A hereby agrees to perform all the functions required of it, and Party B hereby agrees that Party A shall be entitled to exercise all rights expressed to be exercisable by Party A, under the terms of the Notes, including (but without limitation) making the calculations and determinations that it is required or entitled to make under the terms of the Notes and delivering the notices that it is required or entitled to deliver under the terms of the Notes. Party B agrees that all such calculations, determinations and deliveries of notices that are effected by Party A shall be conclusive for all purposes. 7.8 Account Details Payments to Party A Payments in EURThe account with: Citibank, LondonAccount No: 10403229For the account of: Credit Suisse International, London Payments in USD The account with: The Bank of New York, New York (IRVTUS3N) ABA: 021000018Account No: 890-0360-968For the account of: Credit Suisse International (CSFPGB2L) Payments to Party B The account with: Deutsche Bank, Frankfurt (SWIFT: DEUTDEFF)Account No: 922 1292 00For the account of: The Bank of New York Mellon (SWIFT: IRVTBEBB)Ref: Corporate Trust, ISIN: XS0422608199BOATS Investments (Netherlands) B.V. Series 117 Please confirm that the foregoing correctly sets forth the terms of our agreement by executing the copy of this Confirmation enclosed for that purpose and returning it to us. Yours sincerely CREDIT SUISSE INTERNATIONAL By: Name: Title: Confirmed as of the date first written above. BOATS INVESTMENTS (NETHERLANDS) B.V. By:
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Examples of Reference Obligation Category in a sentence

  • The Obligation Category “Borrowed Money” and the Obligation Category and Reference Obligation Category “Bond” shall be deemed to include distributions payable under an Insured Instrument in the form of a pass-through certificate or similar funded beneficial interest, the Reference Obligation Category “Bond” shall be deemed to include such an Insured Instrument and the terms “obligation” and “obligor” in respect of such an Insured Instrument shall be construed accordingly.

  • The Obligation Category Borrowed Money and the Obligation Category and Reference Obligation Category Bond shall be deemed to include distributions payable under an Insured Instrument in the form of a pass through certificate or similar funded beneficial interest, the Reference Obligation Category Bond shall be deemed to include such an Insured Instrument and the terms “obligation” and “obligor” in respect of such an Insured Instrument shall be construed accordingly.

  • Reference Obligation Category: In respect of a Reference Entity, the Reference ObligationCategory specified in the applicable Standard Terms.

  • The Obligation Category “Borrowed Money” and the Obligation Category and Reference Obligation Category “Bond” shall be deemed to include distributions payable under an Insured Instrument in the form of a pass- through certificate or similar funded beneficial interest, the Reference Obligation Category “Bond” shall be deemed to include such an Insured Instrument and the terms “obligation” and “obligor” in respect of such an Insured Instrument shall be construed accordingly.

  • For the avoidance of doubt, Section 2.21 of the Credit Derivatives Definitions shall apply for the purposes of determining whether an obligation falls within the said Reference Obligation Category and satisfies the Reference Obligation Characteristics.

  • Reference Obligation Category: With respect to each Reference Entity of a particular Regional Designation, the Reference Obligation Category specified in Schedule C as “Applicable” with respect to Reference Entities of such Regional Designation.

  • References to Deliverable Obligation Category and Deliverable Obligation Characteristics in Sections 2.20 and 2.21 of the Credit Derivatives Definitions shall be construed as references to the Reference Obligation Category and the Reference Obligation Characteristics, respectively and the reference in the first sentence of Section 2.20 to Section 2.15 of the Credit Derivatives Definitions shall be construed as a reference to the definition of Reference Obligation below.

  • For purposes of Section 2.15, where Cash Settlement applies for purposes of Section 7.4, the term “Reference Obligation” may be defined as each obligation of each Reference Entity described by the Reference Obligation Category specified as being applicable in the relevant Standard, and, subject to Section 2.21(c), having each of the Reference Obligation Characteristics, if any, specified as being applicable in the relevant Standard, in each case, as of the relevant Relevant Date.

  • Reference Obligation Category: With respect to each Reference Entity of a particular Regional Designation, the Reference Obligation Category specified in Schedule C as applicable to Reference Entities of such Regional Designation.

  • For purposes of Section 2.15, the term “Reference Obligation” may be defined as each obligation of each Reference Entity described by the Reference Obligation Category specified as being applicable in the relevant Standard, and, subject to Section 2.21(c), having each of the Reference Obligation Characteristics, if any, specified as being applicable in the relevant Standard, in each case, as of the relevant Relevant Date.

Related to Reference Obligation Category

  • Reference Obligation means an obligation used for the purposes of determining the cash settlement value of a credit derivative;

  • Reference Obligations The residential mortgage loans identified on xxxx://xxx.xxxxxxxxxx.xxx/creditriskofferings/security_data.html. Reference Pool: All of the Reference Obligations, collectively.

  • Obligation Category means Payment, Borrowed Money, Bond, Loan, or Bond or Loan, only one of which shall be specified in the Standard, and:

  • Credit Event Reference Obligation means, with respect to any Payment Date, any Reference Obligation with respect to which a Credit Event has occurred.

  • Deliverable Obligation Category means Bond or Loan.

  • Reversed Credit Event Reference Obligation With respect to any Payment Date means a Reference Obligation formerly in the Reference Pool that became a Credit Event Reference Obligation in a prior Reporting Period that is found in the related Reporting Period, through Xxxxxxx Mac’s quality control process, to have an Underwriting Defect or a data correction that invalidates the previously determined Credit Event.

  • Credit Improved Obligation means any Collateral Debt Obligation which, in the Investment Manager’s judgment, has significantly improved in credit quality and in respect of which one of the following is satisfied:

  • Transaction Category means the particular type of repurchase transaction effected hereunder, as determined with reference to the term of the transaction and the categories of Securities that constitute Eligible Securities therefor, which term shall include FICASH I Transactions, FICASH II Transactions, FICASH III Transactions, FITERM I Transactions, FITERM II Transactions, FITERM III Transactions, and such other transaction categories as may from time to time be designated by the Funds by notice to Seller, Custodian and Repo Custodian.

  • Fixed Rate Obligation Any Collateral Obligation that bears a fixed rate of interest.

  • Sukuk Obligation means any undertaking or other obligation to pay any money given in connection with the issue of trust certificates or other instruments intended to be issued in compliance with the principles of Shari'ah, whether or not in return for consideration of any kind.

  • L/C Obligation means, as at any date of determination, the aggregate maximum amount then available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts in respect of Letters of Credit, including all L/C Borrowings.

  • Compliance obligation means the quantity of verified reported emissions or assigned emissions for which an entity must submit compliance instruments to ARB.

  • Net Obligation means the amount owed to PJMSettlement and PJM for purchases from the PJM Markets, Transmission Service, (under Tariff, Parts II and III , and other services pursuant to the Agreements, after applying a deduction for amounts owed to a Participant by PJMSettlement as it pertains to monthly market activity and services. Should other markets be formed such that Participants may incur future Obligations in those markets, then the aggregate amount of those Obligations will also be added to the Net Obligation.

  • Relevant Sukuk Obligation means any undertaking or other obligation to pay any money given in connection with the issue of Islamic-compliant certificates, whether or not in return for consideration of any kind, which for the time being are, or are intended to be, or are capable of being, quoted, listed or ordinarily dealt in or traded on any stock exchange, over-the-counter or other securities market.

  • Specified Obligations means Obligations consisting of the principal of and interest on Loans, reimbursement obligations in respect of Swing Line Loans and L/C Obligations (including interest accrued thereon), and fees.

  • Compliance Obligations means obligations of the AMC to comply with: (a) laws or international guidance and internal policies or procedures, (b) any demand or request from authorities or reporting, disclosure or other obligations under laws, and (c) laws requiring us to verify the identity of our customers.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • S&P Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Credit Support Amount has the meaning specified in Paragraph 3.

  • L/C Reimbursement Obligation means, for any Letter of Credit, the obligation of the Borrower to the L/C Issuer thereof, as and when matured, to pay all amounts drawn under such Letter of Credit.

  • Collateral Enhancement Obligation means any warrant or equity security, excluding Exchanged Equity Securities, but including without limitation, warrants relating to Mezzanine Obligations and any equity security received upon conversion or exchange of, or exercise of an option under, or otherwise in respect of a Collateral Debt Obligation; or any warrant or equity security purchased as part of a unit with a Collateral Debt Obligation (but in all cases, excluding, for the avoidance of doubt, the Collateral Debt Obligation), in each case, the acquisition of which will not result in the imposition of any present or future, actual or contingent liabilities or obligations on the Issuer other than those which may arise at its option; provided that no Collateral Enhancement Obligation may be a Dutch Ineligible Security.

  • Swap Agreement Obligations means any and all obligations of the Loan Parties and their Subsidiaries, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor), under (a) any Swap Agreement permitted hereunder with a Lender or an Affiliate of a Lender, and (b) any cancellations, buy backs, reversals, terminations or assignments of any Swap Agreement transaction permitted hereunder with a Lender or an Affiliate of a Lender.

  • Specified Swap Obligation means, with respect to any Loan Party, any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act or any rules or regulations promulgated thereunder.

  • Service obligation means the contractual obligation undertaken by an individual under section 2705 or section 2707 to provide health care services for a determinable time period at a site designated by the department.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • Affected Reference Entity means, in respect of a Specified Payment Date, that the Reference Entity was a Non-Determined Reference Entity as of the Cut-off Date relating to that Specified Payment Date (in each case determined by reference to Greenwich Mean Time (or, if the relevant Standard is Japan or Japan Sovereign, Tokyo time)) or that a Deferral Notice has been given to the Company after the Cut-off Date relating to that Specified Payment Date but on or prior to that Specified Payment Date (in each case determined by reference to Greenwich Mean Time).