Affected bonds definition
Affected bonds as used in this subdivision shall mean bonds of the
Affected bonds means the Outstanding First Tier Bonds while any First Tier Bonds are Outstanding, and the Outstanding Second Tier Bonds while any Second Tier Bonds are Outstanding and no First Tier Bonds are Outstanding.
Affected bonds means Underlying Bonds the issuer thereof has elected to redeem early (other than on the date set out in Annex C) or in respect of which an event of default, early redemption event, or other similar condition or event however described (as determined by Lehman Brothers International (Europe)) has occurred or in respect of which an interest payment due has not been paid;