Credit Event Redemption Amount definition

Credit Event Redemption Amount means the amount specified as such in the applicable Final Terms or if no such amount is specified in the applicable Final Terms, an amount calculated by the Calculation Agent equal to: (A x B) – C where:

Credit Event Redemption Amount means, in respect of each Security, an amount equal to the outstanding nominal amount of such Security minus the Cash Settlement Amount;

Credit Event Redemption Amount means, unless otherwise specified in these Credit Linked Conditions:

Examples of Credit Event Redemption Amount in a sentence

• The Credit Event Redemption Amount may be less than the nominal amount of a Note.

• The Issuer shall give not more than 30 nor less than 15 days' notice (or such other number of days as may be provided in the Applicable Supplement or agreed by the Trustee) to the Secured Creditors (which notice shall be irrevocable) of the date on which payment of the Credit Event Redemption Amount will be made to the Noteholders or delivery will be made to the Noteholders of the Reference Securities (as defined in the Applicable Supplement), as the case may be.

• The Applicable Supplement shall specify the basis for calculation of the amount (the "Credit Event Redemption Amount") payable upon redemption of the Notes in accordance with this Condition 7(b)(iii) which shall be determined by the Determination Agent.

• Where any Credit Event Redemption Amount is or would be zero then, other than for the payment of accrued interest or any other due but unpaid amounts, the Notes will be cancelled as of the Credit Event Redemption Date with no payment being due other than any final amount of accrued interest or any other due but unpaid amounts.

• If the Bank has not received a Securityholder Physical Settlement Election Notice by 5.00 p.m., London time on the day which is the thirtieth calendar day following the Credit Event Notice Date, within five Business Days following the Valuation Date the Calculation Agent, acting on behalf of the Bank, will pay to the Securityholders (in accordance with the conditions of the Securities) the Credit Event Redemption Amount determined on the Valuation Date.

More Definitions of Credit Event Redemption Amount

Credit Event Redemption Amount means an amount equal to zero.

Credit Event Redemption Amount means the amount calculated on the basis of the follow- ing formula: Credit Event Redemption Amount = Calculation Amount x Final Price - Swap Unwind Amount.

Credit Event Redemption Amount means the amount specified as such hereon or if no such amount is specified hereon, an amount calculated by the Calculation Agent equal to: (A x B) – C where:

Credit Event Redemption Amount means an amount calculated by the Calculation Agent equal to: (A x B) – C where:

Credit Event Redemption Amount means, unless otherwise specified in the relevant Pricing Supplement:

Credit Event Redemption Amount means the amount in EUR equal to the relevant Valuation Obligation Portfolio Final Price Amount.

Credit Event Redemption Amount means an amount in CNY per Note, determined by the Calculation Agent, in its sole and absolute discretion, subject to a minimum of zero and a maximum of the outstanding principal amount of a Note and with half of one CNY being rounded down, equal to (i)(a) the Collateral Value as of the Calculation Date, minus(b) the Cash Settlement Amount, plus (c) the Close-out Amount (which, if an amount payable by the Counterparty to the Company, shall be positive; or, if an amount payable by the Company to the Counterparty, shall be negative) in respect of the Cross Currency Swap Transaction only determined as of the Calculation Date, divided by (ii) the total number of Notes outstanding as of the Calculation Date;