Examples of Automatic Early Redemption Amount in a sentence
Automatic Early RedemptionIf an AER Value Automatic Early Redemption Event occurs on any Automatic Early Redemption Valuation Date, the Notes will be redeemed early on the immediately following Automatic Early Redemption Date at the Automatic Early Redemption Amount.
Further, with respect to the Final Redemption Amount or Early Redemption Amount or Automatic Early Redemption Amount or Optional Redemption Amount (the Redemption Amounts), the effective yield to maturity of the Notes may be less than that which would be payable on a conventional fixed rate or floating rate debt security.
The Automatic Early Redemption Amount payable per Note is equal to USD 1,000 multiplied by the AER percentage.
The calculations for the Automatic Early Redemption Amount and the Coupon Trigger Amount rely on a determination by the Calculation Agent of the appreciation or depreciation in the performance of the Index or each of the Indices over time.
If the relevant Final Terms specifiy that automatic early redemption applies with respect to FX Linked Redemption Notes, in the case that the Calculation Agent determines, in accordance with Condition 17(d)(i) (FX Linked Automatic Early Redemption) that an Automatic Early Redemption Event occurs, the Notes shall be redeemed at the Automatic Early Redemption Amount as specified in the relevant Final Terms on the Automatic Early Redemption Date.