Class: Obligations

name: Obligations
description: A class to specify the underlying obligations of the reference entity
  on which protection is purchased or sold through the Credit Default Swap.
comments:
- 'Rosetta condition: ObligationsChoice — optional choice fullFaithAndCreditObLiability,
  generalFundObligationLiability, revenueObligationLiability'
in_subset:
- cdm_base_staticdata_asset_credit
from_schema: https://w3id.org/lmodel/common-domain-model
slots:
- category
- notSubordinated
- specifiedCurrency
- notSovereignLender
- notDomesticCurrency
- notDomesticLaw
- listed
- notDomesticIssuance
- fullFaithAndCreditObLiability
- generalFundObligationLiability
- revenueObligationLiability
- notContingent
- excluded
- othReferenceEntityObligations
- designatedPriority
- cashSettlementOnly
- deliveryOfCommitments
- continuity
rules:
- postconditions:
    any_of:
    - slot_conditions:
        fullFaithAndCreditObLiability:
          name: fullFaithAndCreditObLiability
          required: true
    - slot_conditions:
        generalFundObligationLiability:
          name: generalFundObligationLiability
          required: true
    - slot_conditions:
        revenueObligationLiability:
          name: revenueObligationLiability
          required: true
  description: Choice rule to represent an FpML choice construct.

name: Obligations
description: A class to specify the underlying obligations of the reference entity
  on which protection is purchased or sold through the Credit Default Swap.
comments:
- 'Rosetta condition: ObligationsChoice — optional choice fullFaithAndCreditObLiability,
  generalFundObligationLiability, revenueObligationLiability'
in_subset:
- cdm_base_staticdata_asset_credit
from_schema: https://w3id.org/lmodel/common-domain-model
attributes:
  category:
    name: category
    description: 'Used in both obligations and deliverable obligations to represent
      a class or type of securities which apply. ISDA 2003 Term: Obligation Category/Deliverable
      Obligation Category.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - FloatingRateIndexCalculationDefaults
    - DeliverableObligations
    range: ObligationCategoryEnum
    required: true
  notSubordinated:
    name: notSubordinated
    description: 'An obligation and deliverable obligation characteristic. An obligation
      that ranks at least equal with the most senior Reference Obligation in priority
      of payment or, if no Reference Obligation is specified in the related Confirmation,
      the obligations of the Reference Entity that are senior. ISDA 2003 Term: Not
      Subordinated.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  specifiedCurrency:
    name: specifiedCurrency
    description: 'An obligation and deliverable obligation characteristic. The currency
      or currencies in which an obligation or deliverable obligation must be payable.
      ISDA 2003 Term: Specified Currency.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: SpecifiedCurrency
  notSovereignLender:
    name: notSovereignLender
    description: 'An obligation and deliverable obligation characteristic. Any obligation
      that is not primarily (majority) owed to a Sovereign or Supranational Organisation.
      ISDA 2003 Term: Not Sovereign Lender.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  notDomesticCurrency:
    name: notDomesticCurrency
    description: 'An obligation and deliverable obligation characteristic. Any obligation
      that is payable in any currency other than the domestic currency. Domestic currency
      is either the currency so specified or, if no currency is specified, the currency
      of (a) the reference entity, if the reference entity is a sovereign, or (b)
      the jurisdiction in which the relevant reference entity is organised, if the
      reference entity is not a sovereign. ISDA 2003 Term: Not Domestic Currency.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: NotDomesticCurrency
  notDomesticLaw:
    name: notDomesticLaw
    description: 'An obligation and deliverable obligation characteristic. If the
      reference entity is a Sovereign, this means any obligation that is not subject
      to the laws of the reference entity. If the reference entity is not a sovereign,
      this means any obligation that is not subject to the laws of the jurisdiction
      of the reference entity. ISDA 2003 Term: Not Domestic Law.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  listed:
    name: listed
    description: 'An obligation and deliverable obligation characteristic. Indicates
      whether or not the obligation is quoted, listed or ordinarily purchased and
      sold on an exchange. ISDA 2003 Term: Listed.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  notDomesticIssuance:
    name: notDomesticIssuance
    description: 'An obligation and deliverable obligation characteristic. Any obligation
      other than an obligation that was intended to be offered for sale primarily
      in the domestic market of the relevant Reference Entity. This specifies that
      the obligation must be an internationally recognised bond. ISDA 2003 Term: Not
      Domestic Issuance.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  fullFaithAndCreditObLiability:
    name: fullFaithAndCreditObLiability
    description: 'An obligation and deliverable obligation characteristic. Defined
      in the ISDA published additional provisions for U.S. Municipal as Reference
      Entity. ISDA 2003 Term: Full Faith and Credit Obligation Liability.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  generalFundObligationLiability:
    name: generalFundObligationLiability
    description: 'An obligation and deliverable obligation characteristic. Defined
      in the ISDA published additional provisions for U.S. Municipal as Reference
      Entity. ISDA 2003 Term: General Fund Obligation Liability.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  revenueObligationLiability:
    name: revenueObligationLiability
    description: 'An obligation and deliverable obligation characteristic. Defined
      in the ISDA published additional provisions for U.S. Municipal as Reference
      Entity. ISDA 2003 Term: Revenue Obligation Liability.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  notContingent:
    name: notContingent
    description: 'OTE: Only allowed as an obligation characteristic under ISDA Credit
      1999. In essence Not Contingent means the repayment of principal cannot be dependent
      on a formula/index, i.e. to prevent the risk of being delivered an instrument
      that may never pay any element of principal, and to ensure that the obligation
      is interest bearing (on a regular schedule). ISDA 2003 Term: Not Contingent.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: boolean
  excluded:
    name: excluded
    description: 'A free format string to specify any excluded obligations or deliverable
      obligations, as the case may be, of the reference entity or excluded types of
      obligations or deliverable obligations. ISDA 2003 Term: Excluded Obligations/Excluded
      Deliverable Obligations.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - ExcludedProducts
    - DeliverableObligations
    range: string
  othReferenceEntityObligations:
    name: othReferenceEntityObligations
    description: 'This element is used to specify any other obligations of a reference
      entity in both obligations and deliverable obligations. The obligations can
      be specified free-form. ISDA 2003 Term: Other Obligations of a Reference Entity.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    - DeliverableObligations
    range: string
  designatedPriority:
    name: designatedPriority
    annotations:
      metadata_scheme:
        tag: metadata_scheme
        value: true
    description: 'Applies to Loan CDS, to indicate what lien level is appropriate
      for a deliverable obligation. Applies to European Loan CDS, to indicate the
      Ranking of the obligation. Example: a 2nd lien Loan CDS would imply that the
      deliverable obligations are 1st or 2nd lien loans.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    range: string
  cashSettlementOnly:
    name: cashSettlementOnly
    description: 'An obligation and deliverable obligation characteristic. Defined
      in the ISDA published Standard Terms Supplement for use with CDS Transactions
      on Leveraged Loans. ISDA 2003 Term: Cash Settlement Only.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    range: boolean
  deliveryOfCommitments:
    name: deliveryOfCommitments
    description: 'An obligation and deliverable obligation characteristic. Defined
      in the ISDA published Standard Terms Supplement for use with CDS Transactions
      on Leveraged Loans. ISDA 2003 Term: Delivery of Commitments.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    range: boolean
  continuity:
    name: continuity
    description: 'An obligation and deliverable obligation characteristic. Defined
      in the ISDA published Standard Terms Supplement for use with CDS Transactions
      on Leveraged Loans. ISDA 2003 Term: Continuity.'
    from_schema: https://w3id.org/lmodel/common-domain-model
    rank: 1000
    owner: Obligations
    domain_of:
    - Obligations
    range: boolean
rules:
- postconditions:
    any_of:
    - slot_conditions:
        fullFaithAndCreditObLiability:
          name: fullFaithAndCreditObLiability
          required: true
    - slot_conditions:
        generalFundObligationLiability:
          name: generalFundObligationLiability
          required: true
    - slot_conditions:
        revenueObligationLiability:
          name: revenueObligationLiability
          required: true
  description: Choice rule to represent an FpML choice construct.