Long Reference Entity definition

Long Reference Entity means any Reference Entity in a Reference Portfolio in respect of which the related Credit Position is positive.
Long Reference Entity means any Reference Entity in the Reference Portfolio in respect of which the related Credit Position is positive and “Long Reference Entities” shall have the corresponding meaning.
Long Reference Entity means each of the Reference Entities listed in Schedule A (Reference

Examples of Long Reference Entity in a sentence

  • In the case of any "Long" Reference Entity for a CLN or any Reference Entity for a BLN, such exposure and credit default risk may result in a greater loss for investors and, in the case of a "Short" Reference Entity for a CLN, such exposure and credit default risk may result in a higher gain for investors although no assurance can be given that this will be the case.

Related to Long Reference Entity

  • Affected Reference Entity means, in respect of a Specified Payment Date, that the Reference Entity was a Non-Determined Reference Entity as of the Cut-off Date relating to that Specified Payment Date (in each case determined by reference to Greenwich Mean Time (or, if the relevant Standard is Japan or Japan Sovereign, Tokyo time)) or that a Deferral Notice has been given to the Company after the Cut-off Date relating to that Specified Payment Date but on or prior to that Specified Payment Date (in each case determined by reference to Greenwich Mean Time).

  • Reference Entity means with respect to a Synthetic Security, the Obligor to whose credit such Synthetic Security is linked and the Obligor under any Reference Obligation specified in such Synthetic Security.

  • Accounting Reference Date means 31 December.

  • Underlying Reference Value means, in respect of an Underlying Reference and a SPS Valuation Date, (i) the Underlying Reference Closing Price Value for such Underlying Reference in respect of such SPS Valuation Date (ii) divided by the relevant Underlying Reference Strike Price.