Examples of Certificate Redemption Amount in a sentence
Unless previously redeemed as provided in this Condition, the Issuer will redeem each Certificate in an amount per Certificate equal to the Certificate Redemption Amount on the Maturity Date.
With respect to the Maturity Date the Issuer will request the realisation of the Shares and/or request payments under the Swap, if applicable, in sufficient time to allow the Company to redeem or realise the underlying assets by the Maturity Date so that the only amount payable in respect of the Certificates on the Maturity Date shall be the Certificate Redemption Amount.
Any accrued (but not yet paid) Transaction Fees up to including the last day of the Periodic Basis immediately preceding any redemption date for the Certificates shall be deducted from the Certificate Buy-back Amount and/or the Certificate Redemption Amount, as applicable in respect of a Certificate.
The Swap Counterparty will be required upon redemption of such Certificates to pay to the Issuer amounts equal to the Certificate Redemption Amount in respect of the Certificates hedged by the Swap.
With respect to the Maturity Date the Issuer will request the realisation of the Shares in sufficient time to allow the Company to redeem or realise the underlying assets by the Maturity Date so that the only amount payable in respect of the Certificates on the Maturity Date shall be the Certificate Redemption Amount.
The amount payable per Certificate to Certificateholders in such circumstances will be, unless otherwise specified in the applicable Final Terms, an amount equal to the Certificate Redemption Amount, subject to the payment of all prior ranking amounts as provided in the Conditions.
The Certificate Redemption Amount of the Certificates is dependent upon the redemption or sale proceeds that would be received in respect of the Shares of a Company.
Upon the occurrence of a Mandatory Redemption Event or an Event of Default and on the Maturity Date, all outstanding Certificates are expected to be redeemed in an amount per Certificate equal to the Certificate Redemption Amount on such date.
If entered into, such Swap is a total return swap governed by English law under the terms of which the Issuer will pay issue proceeds from such Series to the Swap Counterparty in respect of the Certificates hedged by the Swap and the Swap Counterparty upon a redemption is required to pay amounts equal to the Certificate Redemption Amount in respect of the Certificates hedged by the Swap.
If the proceeds of the redemption of the Underlying Assets on such date exceed the amount (if any) payable to the Note Trustee, the Agents, theCertificateholders and the Dealer, then each Certificate will be redeemed in an amount per Certificate equal to the Certificate Redemption Amount and the Certificateholders shall have no further claims against the Issuer (save, in the case of a Mandatory Redemption Event, in respect of the Supplemental Redemption Amount).