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

'''Section {{cddprov|1.18}} Different Event Determination Dates'''. If different {{cddprov|Event Determination Date}}s have been determined with respect to different portions of the {{cddprov|Floating Rate Payer Calculation Amount}} or an {{cddprov|Event Determination Date}}has been determined with respect to only a portion of the {{cddprov|Floating Rate Payer Calculation Amount}}, the rights and obligations of the parties shall, with effect from each such {{cddprov|Event Determination Date}}, be construed as if the parties had entered into a separate {{cddprov|Credit Derivative Transaction}} with respect to each such portion with such modifications as the {{cddprov|Calculation Agent}} (in consultation with the parties) shall determine are required in order to preserve the economic effects of the two {{cddprov|Credit Derivative Transaction}}s considered in aggregate.<br>

'''Section {{cddprov|1.19}} No Event Determination Date'''. Subject to Section {{cddprov|10.2}}(a)(i)(III) (Effect of {{cddprov|DC Resolution}}s), no {{cddprov|Event Determination Date}}will occur with respect to an event, and any {{cddprov|Event Determination Date}}previously determined with respect to an event shall be deemed not to have occurred, if, or to the extent that, prior to the {{cddprov|Auction Final Price Determination Date}}, a {{cddprov|Valuation Date}}, the {{cddprov|Physical Settlement Date}} (or, if earlier, a {{cddprov|Delivery Date}}), or the Termination Date, as applicable, a {{cddprov|DC No Credit Event Announcement}} occurs with respect to such event.<br>