Template:Nutshell Credit Derivatives 3.33: Difference between revisions

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(Created page with "'''Section {{cddprov|3.33}} {{cddprov|General Terms Relating to Mod R and Mod Mod R}}'''.<br> :(a) “'''{{cddprov|Limitation Date}}'''” means the first of March 20, June 20, September 20 or December 20 in any year to occur on or immediately following the date that is one of the following numbers of years after the {{cddprov|Restructuring}} Date: 2.5 years (the “'''{{cddprov|2.5-year Limitation Date}}'''”), 5 years, 7.5 years, 10 years (the “'''{{cddprov|10-year...")
 
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'''Section {{cddprov|3.33}} {{cddprov|General Terms Relating to Mod R and Mod Mod R}}'''.<br>
'''Section {{cddprov|3.33}} {{cddprov|General Terms Relating to Mod R and Mod Mod R}}'''.<br>
:(a) “'''{{cddprov|Limitation Date}}'''” means the first of March 20, June 20, September 20 or December 20 in any year to occur on or immediately following the date that is one of the following numbers of years after the {{cddprov|Restructuring}} Date: 2.5 years (the “'''{{cddprov|2.5-year Limitation Date}}'''”), 5 years, 7.5 years, 10 years (the “'''{{cddprov|10-year Limitation Date}}'''”), {{cddprov|12.5}} years, 15 years, or 20 years, as applicable. {{cddprov|Limitation Date}}s shall not be subject to adjustment in accordance with any {{cddprov|Business Day Convention}} .<br>
{{Nutshell Credit Derivatives 3.33(a)}}
{{Nutshell Credit Derivatives 3.33(b)}}
{{Nutshell Credit Derivatives 3.33(c)}}
{{Nutshell Credit Derivatives 3.33(d)}}
:(b) “'''{{cddprov|Restructured Bond or Loan}}'''” means an Obligation that is a {{cddprov|Bond or Loan}} and in respect of which the relevant {{cddprov|Restructuring}} has occurred.<br>
:(b) “'''{{cddprov|Restructured Bond or Loan}}'''” means an Obligation that is a {{cddprov|Bond or Loan}} and in respect of which the relevant {{cddprov|Restructuring}} has occurred.<br>
:(c) “'''{{cddprov|Restructuring Date}}'''” means the date on which a {{cddprov|Restructuring}} is legally effective in accordance with the terms of the documentation governing such {{cddprov|Restructuring}}.<br>
:(c) “'''{{cddprov|Restructuring Date}}'''” means the date on which a {{cddprov|Restructuring}} is legally effective in accordance with the terms of the documentation governing such {{cddprov|Restructuring}}.<br>
:(d) For the purposes of making a determination pursuant to Sections {{cddprov|3.31}} (Mod R) and {{cddprov|3.32}} (Mod Mod R), final maturity date shall, subject to Section {{cddprov|3.32}}(a) (Mod Mod R), be determined on the basis of the terms of the {{cddprov|Deliverable Obligation}} in effect at the time of making such determination and, in the case of a {{cddprov|Deliverable Obligation}} that is due and payable, the final maturity date shall be deemed to be the date on which such determination is made.<br>
:(d) For the purposes of making a determination pursuant to Sections {{cddprov|3.31}} (Mod R) and {{cddprov|3.32}} (Mod Mod R), final maturity date shall, subject to Section {{cddprov|3.32}}(a) (Mod Mod R), be determined on the basis of the terms of the {{cddprov|Deliverable Obligation}} in effect at the time of making such determination and, in the case of a {{cddprov|Deliverable Obligation}} that is due and payable, the final maturity date shall be deemed to be the date on which such determination is made.<br>

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