2014 ISDA Credit Derivatives Definitions: Difference between revisions

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==Article 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|13.2}} 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>
==Article 14 Non-Standard {{cddprov|Event Determination Date}}And Non-Standard Exercise Cutoff Date==
==Article 14 Non-Standard {{cddprov|Event Determination Date}}And Non-Standard Exercise Cutoff Date==
'''Section {{cddprov|14.1}} Non'''-Standard {{cddprov|Event Determination Date}}. “'''{{cddprov|{{cddprov|Non-Standard Event Determination Date}}}}'''” means with respect to a {{cddprov|Credit Event}} and a {{cddprov|Credit Derivative Transaction}} to which Section {{cddprov|1.16}}(a) (Event Determination Date) does not apply:<br>
'''Section {{cddprov|14.1}} Non'''-Standard {{cddprov|Event Determination Date}}. “'''{{cddprov|{{cddprov|Non-Standard Event Determination Date}}}}'''” means with respect to a {{cddprov|Credit Event}} and a {{cddprov|Credit Derivative Transaction}} to which Section {{cddprov|1.16}}(a) (Event Determination Date) does not apply:<br>