Examples of Collateralisation Percentage in a sentence
The amount of Collateral Assets constituting such Collateral Pool will depend, amongst other things, on the Type of Collateralisation specified as being applicable in the applicable Final Terms, on the Collateralisation Percentage specified in the applicable Final Terms, on whether or not Collateral Valuation at Nominal Value is applicable or on whether or not a Haircut is specified in the applicable Final Terms.
The amount of Collateral Assets constituting such Collateral Pool will depend, amongst other things, on the Type of Collateralisation, the Collateralisation Percentage, on whether or not Collateral Valuation at Nominal Value is applicable or on whether or not a Haircut is applicable and on the collateralisation method (either MV Collateralisation, NV Collateralisation, Max (MV, NV) Collateralisation or Min (MV, MV) Collateralisation) as specified in the applicable Final Terms.
Collateralisation Percentage is 120 per cent.Principal amount plus any accrued but unpaid interest of the Bonds is US$100,000.
If Mark-to-Market is specified as being applicable in the applicable Final Terms, the Collateralised Amount shall be at least equal to the Collateralisation Percentage.
If the Collateralised Amount falls below the Minimum Threshold for more than 10 consecutive dealing days, the Issuer shall promptly provide Security over additional BCP Shares to the Trustee such that the Collateralised Amount is at least equal to the Collateralisation Percentage.
Further, the Issuer may at any time opt to provide more Cash Collateral and the Trustee shall release the Security over the relevant number of BCP Shares, or demand the release of Cash Collateral and provide Security over additional BCP Shares to the Trustee, provided that in each case the Collateralised Amount shall be at least equal to the Collateralisation Percentage.
If Mark-to-Market is specified as being applicable in the applicable Final Terms, the Collateralised Amount (as defined in Chapter 6 (Terms and Conditions of the Bonds)) that has to be given at the Collateralisation Percentage (as defined in Chapter 6 (Terms and Conditions of the Bonds)) is only in respect of the BCP Shares and not the Cash Collateral.
If the Collateralised Amount is higher than the Maximum Threshold for more than 10 consecutive dealing days, the Trustee shall promptly release Security over the requisite number of BCP Shares to the Issuer such that the Collateralised Amount is equal to the Collateralisation Percentage.
In particular, where the Collateralisation Percentage is at zero, investors may be fully exposed to credit risk on the Guarantor and their investment may not be collateralised by any Collateral Assets.
The Collateral Agent has the option to adjust the Collateralisation Percentage of Secured Notes with Variable Collateralisation during the terms of such Notes and the Collateralisation Percentage may be set as low as zero.Investors in Secured Notes with Variable Collateralisation may be exposed partially or fully to the credit risk of the Guarantor.