Template:2014 ISDA Credit Derivatives Definitions 13: Difference between revisions
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{{toc cdd|13|Credit Derivatives Physical Settlement Matrix | {{toc cdd|13|Credit Derivatives Physical Settlement Matrix}} | ||
'''Section {{cddprov|13.1}} Application of Credit Derivatives Physical Settlement Matrix'''. In respect of a {{cddprov|Credit Derivative Transaction}} whose {{cddprov|Confirmation}} identifies a “'''{{cddprov|Transaction Type}}'''” that is included in the Credit Derivatives Physical Settlement Matrix, the terms set out in the Credit Derivatives Physical Settlement Matrix with respect to such “'''{{cddprov|Transaction Type}}'''” shall be deemed to apply to that {{cddprov|Credit Derivative Transaction}}, provided that the relevant {{cddprov|Confirmation}} does not specify any inconsistent terms, in which case the terms specified in such {{cddprov|Confirmation}} shall prevail.<br> | '''Section {{cddprov|13.1}} Application of Credit Derivatives Physical Settlement Matrix'''. In respect of a {{cddprov|Credit Derivative Transaction}} whose {{cddprov|Confirmation}} identifies a “'''{{cddprov|Transaction Type}}'''” that is included in the Credit Derivatives Physical Settlement Matrix, the terms set out in the Credit Derivatives Physical Settlement Matrix with respect to such “'''{{cddprov|Transaction Type}}'''” shall be deemed to apply to that {{cddprov|Credit Derivative Transaction}}, provided that the relevant {{cddprov|Confirmation}} does not specify any inconsistent terms, in which case the terms specified in such {{cddprov|Confirmation}} shall prevail.<br> | ||
'''Section {{cddprov|13.2}} Credit Derivatives Physical Settlement Matrix'''. “'''{{cddprov|Credit Derivatives Physical Settlement Matrix}}'''” means the “'''{{cddprov|Credit Derivatives Physical Settlement Matrix}}'''”, as most recently amended and supplemented as at the {{cddprov|Trade Date}} (unless otherwise agreed by the parties) and as published by ISDA on its website at www.isda.org (or any successor website thereto).<br> | '''Section {{cddprov|13.2}} Credit Derivatives Physical Settlement Matrix'''. “'''{{cddprov|Credit Derivatives Physical Settlement Matrix}}'''” means the “'''{{cddprov|Credit Derivatives Physical Settlement Matrix}}'''”, as most recently amended and supplemented as at the {{cddprov|Trade Date}} (unless otherwise agreed by the parties) and as published by ISDA on its website at www.isda.org (or any successor website thereto).<br> | ||
Latest revision as of 20:47, 24 April 2023
Article 13. Credit Derivatives Physical Settlement Matrix
Section 13.1 Application of Credit Derivatives Physical Settlement Matrix. In respect of a Credit Derivative Transaction whose Confirmation identifies a “Transaction Type” that is included in the Credit Derivatives Physical Settlement Matrix, the terms set out in the Credit Derivatives Physical Settlement Matrix with respect to such “Transaction Type” shall be deemed to apply to that Credit Derivative Transaction, provided that the relevant Confirmation does not specify any inconsistent terms, in which case the terms specified in such Confirmation shall prevail.
Section 13.2 Credit Derivatives Physical Settlement Matrix. “Credit Derivatives Physical Settlement Matrix” means the “Credit Derivatives Physical Settlement Matrix”, as most recently amended and supplemented as at the Trade Date (unless otherwise agreed by the parties) and as published by ISDA on its website at www.isda.org (or any successor website thereto).