Template:2014 ISDA Credit Derivatives Definitions 1: Difference between revisions

:(d) If the {{cddprov|Calculation Agent}} is not a party to the {{cddprov|Credit Derivative Transaction}}, any notice required to be delivered by a party to the other party shall also be delivered to the {{cddprov|Calculation Agent}} . Failure to deliver a notice to the {{cddprov|Calculation Agent}} in such circumstances shall not affect the effectiveness of a notice delivered to the other party.<br>

'''Section {{cddprov|1.39}} {{cddprov|Credit Event}} Backstop Date'''. “'''{{cddprov|Credit Event Backstop Date}}'''” means (a) for purposes of any event that constitutes a {{cddprov|Credit Event}} for purposes of the {{cddprov|Credit Derivative Transaction}} (or with respect to a {{cddprov|Repudiation/Moratorium}}, if applicable, the event described in Section {{cddprov|4.6}}(a)(ii) ({{cddprov|Repudiation/Moratorium}})), as determined by {{cddprov|DC Resolution}}, the date that is sixty calendar days prior to the {{cddprov|Credit Event Resolution Request Date}}, or (b) otherwise, the date that is sixty calendar days prior to the earlier of (i) the Notice {{cddprov|Delivery Date}}, if the {{cddprov|Notice Delivery Date}} occurs during the {{cddprov|Notice Delivery Period}} and (ii) the {{cddprov|Credit Event Resolution Request Date}}, if the {{cddprov|Notice Delivery Date}} occurs during the {{cddprov|Post Dismissal Additional Period}}. The {{cddprov|Credit Event Backstop Date}} shall not be subject to adjustment in accordance with any {{cddprov|Business Day Convention}}.<br>

'''Section {{cddprov|1.41}} Exercise Cut'''-off Date. “'''{{cddprov|Exercise Cut-off Date}}'''” means either:<br>

:(a) with respect to an {{cddprov|M(M)R Restructuring}}} and a {{cddprov|Credit Derivative Transaction}} to which Section {{cddprov|1.16}}(a) (Event Determination Date) applies:<br>