BIE Transaction Cost definition
BIE Transaction Cost means, in respect of any exercise of the BIE Option, the aggregate of (i) the BIE Economic Cost and (ii) the BIE Expenses Cost.
Examples of BIE Transaction Cost in a sentence
Within 5 London Business Days of receiving a BIE Request Notice the Calculation Agent will, on the Issuer’s behalf, determine (i) whether the BIE Proposed New Assets are BIE Eligible New Assets and, if so (ii) the BIE Transaction Cost applicable upon such substitution or exchange.
Within five London Business Days of receiving a BIE Request Notice the Calculation Agent will, on the Issuer’s behalf, determine (i) whether the BIE Proposed New Assets are BIE Eligible New Assets and, if so (ii) the BIE Transaction Cost applicable upon such substitution or exchange.