Update of the Unit Face Value and Remuneration of Debentures Sample Clauses

Update of the Unit Face Value and Remuneration of Debentures. 4.2.1.Update of Debentures. The Unit Face Value or the balance of the Unit Face Value, as applicable, will be monetarily restated by the variation of the Extended National Consumer Price Index, calculated and published by the Brazilian Institute of Geography and Statistics - IBGE ("IPCA"), from the first Payment Date of the Debentures until the date of their effective payment ("Monetary Restatement"), the product of the Monetary Restatement being automatically incorporated into the Unit Face Value or the balance of the Unit Face Value of the Debentures, as applicable ("Updated Unit Face Value of Debentures"). The Monetary Restatement will be calculated according to the formula below: Where:
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Related to Update of the Unit Face Value and Remuneration of Debentures

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  • Late payment on Zero Coupon Notes If the amount payable in respect of any Zero Coupon Note upon redemption of such Zero Coupon Note pursuant to paragraph (a), (b), (c) or (d) above or upon its becoming due and repayable as provided in Condition 11 is improperly withheld or refused, the amount due and repayable in respect of such Zero Coupon Note shall be the amount calculated as provided in paragraph (e)(iii) above as though the references therein to the date fixed for the redemption or the date upon which such Zero Coupon Note becomes due and payable were replaced by references to the date which is the earlier of:

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