Template:2014 ISDA Credit Derivatives Definitions 2.24: Difference between revisions

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Created page with "'''Section {{cddprov|2.24}} Subordinated Transaction'''. “'''{{cddprov|Subordinated Transaction}}'''” means a {{cddprov|Credit Derivative Transaction}} for which the {{cdd..."
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'''Section {{cddprov|2.24}} Subordinated Transaction'''. “'''{{cddprov|Subordinated Transaction}}'''” means a {{cddprov|Credit Derivative Transaction}} for which the {{cddprov|Reference Obligation}}  or {{cddprov|Prior Reference Obligation}}, as applicable, is a Subordinated Obligation.<br>
'''Section {{cddprov|2.24}} Subordinated Transaction'''. “'''{{cddprov|Subordinated Transaction}}'''” means a {{cddprov|Credit Derivative Transaction}} for which the {{cddprov|Reference Obligation}}  or {{cddprov|Prior Reference Obligation}}, as applicable, is a {{cddprov|Subordinated Obligation}}.<br>

Latest revision as of 20:01, 23 April 2023

Section 2.24 Subordinated Transaction. “Subordinated Transaction” means a Credit Derivative Transaction for which the Reference Obligation or Prior Reference Obligation, as applicable, is a Subordinated Obligation.