Template:2014 ISDA Credit Derivatives Definitions 1.18

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