Template:2014 ISDA Credit Derivatives Definitions 2.15: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "'''Section {{cddprov|2.15}} Non-Conforming {{cddprov|Substitute Reference Obligation}}'''. “'''{{cddprov|{{cddprov|Non-Conforming Substitute Reference Obligation}} '''” me..." Tags: Mobile edit Mobile web edit |
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'''Section {{cddprov|2.15}} | '''Section {{cddprov|2.15}} {{cddprov|Non-Conforming Substitute Reference Obligation}}'''. “'''{{cddprov|Non-Conforming Substitute Reference Obligation}}'''” means an obligation which would be a {{cddprov|Deliverable Obligation}} determined in accordance with Section {{cddprov|3.2}}(a) ({{cddprov|Deliverable Obligation}}) on the {{cddprov|Substitution Date}} but for one or more of the same reasons which resulted in the {{cddprov|Reference Obligation}} constituting a {{cddprov|Non-Conforming Reference Obligation}} on the date it was issued or incurred and/or immediately prior to the {{cddprov|Substitution Event Date}} (as applicable).<br> | ||
Latest revision as of 19:44, 23 April 2023
Section 2.15 Non-Conforming Substitute Reference Obligation. “Non-Conforming Substitute Reference Obligation” means an obligation which would be a Deliverable Obligation determined in accordance with Section 3.2(a) (Deliverable Obligation) on the Substitution Date but for one or more of the same reasons which resulted in the Reference Obligation constituting a Non-Conforming Reference Obligation on the date it was issued or incurred and/or immediately prior to the Substitution Event Date (as applicable).