Examples of Additional Redemption Event in a sentence
Investors should therefore be aware of the risk that the requirements of EMIR may require amendment to derivative transactions and/or materially increase the costs of entering into derivative transactions which may in certain circumstances result in a redemption event with respect to the Notes (if such increase in costs is specified as an Additional Redemption Event in the applicable Supplemental Information Memorandum).
For the avoidance of doubt, none of the Issuer, the Trustee or the Agents shall be required to monitor, enquire or satisfy itself as to whether any Additional Redemption Event has occurred and each of the Trustee and the Agents shall be entitled to assume that no such event has occurred unless and until such parties are notified in writing to the contrary.
If, at any time during the Equity Suspension Period, the Calculation Agent determines that an Equity Collateral Event has occurred, then the provisions of Condition 8(j) (Redemption Following an Additional Redemption Event) shall apply.
If the Issuer gives notice to the Trustee and/or the Calculation Agent of the occurrence of an Additional Redemption Event, the Trustee and/or Calculation Agent, as the case may be, shall be entitled to rely on such notice without further investigation.
Investors should therefore be aware of the risk that the requirements of EMIR may require amendment to derivative transactions and/or materially increase the costs of entering into derivative transactions which may in certain circumstances result in a redemption event with respect to the Notes (if such increase in costs is specified as an Additional Redemption Event in the applicable Issue Memorandum).
Such Early Redemption Events will thus increase the likelihood that the Instruments will be redeemed early, and are triggered by events or circumstances that are outside the control of the Issuer and only where the Calculation Agent reasonably determines that such events or circumstances constitute a Reference Agreement Additional Redemption Event or NWM Group Additional Redemption Event.
Investors should therefore be aware of the risk that the requirements of AIFMD may result in a redemption event with respect to the Notes (if any of the requirements of AIFMD are specified as an Additional Redemption Event in the applicable Issue Memorandum).
No Unwind Costs are deductible where a No-Default Event has occurred as a result of a Reference Agreement Additional Redemption Event (as defined in the Series Terms) resulting from an Event of Default (as defined in the Reference Agreement) occurring in respect of NatWest MarketsN.V. or a NWM Group Additional Redemption Event (as defined in the Series Terms).
If the Issuer effectively gives notice to the Trustee and/or the Calculation Agent of the occurrence of an Additional Redemption Event, the Trustee and/or Calculation Agent, as the case may be, shall be entitled to rely on such notice without further investigation.
For the avoidance of doubt, none of the Issuer, the Trustee or the Calculation Agent shall be required to monitor, enquire or satisfy itself as to whether any Additional Redemption Event has occurred.