Credit Linked Notes definition

Credit Linked Notes means any Notes in respect of which the "Credit Linked Note Provisions" are specified to be applicable in the relevant Pricing Supplement.

Credit Linked Notes means any Notes in respect of which the "Credit Linked Note Provisions" are specified to be applicable in the relevant Final Terms.

Credit Linked Notes. (hereinafter: CLN) means a derivate financial instrument with an embedded credit default swap allowing credit protection buyer to transfer the risk associated with the asset on which the CLN is based to credit protection seller.

Examples of Credit Linked Notes in a sentence

• A number of the Credit Linked Notes may have features which contain particular risks for investors.

• With respect to Credit Linked Notes which are linked to more than one Reference Entity, such Reference Entities are likely to be entities operating in the same industry and/or geographical area (for example, banks or financial institutions operating in the UK).

• Prospective investors should assess whether the Credit Event Redemption Method is appropriate for them prior to investing in the Credit Linked Notes.

• With respect to Credit Linked Notes, the Issuer may but is not required under the terms of the deed relating to such Credit Linked Notes ("Trust Deed") to purchase debt securities of the relevant Reference Entities to post as collateral.

• As a result of the continued evolution in the market, interpretation of the Credit Linked Notes may differ in the future because of future market standards.

More Definitions of Credit Linked Notes

Credit Linked Notes means the Floating Rate Credit Linked Notes due 2009 issued by the Initial Lender under the Indenture.

Credit Linked Notes means Notes to which the Credit Linked Conditions are specified to apply in the relevant Applicable Transaction Terms;

Credit Linked Notes means notes or other securities issued by either Borrower or any Subsidiary thereof (a) containing provisions providing that the payment of principal thereof, or interest thereon, may be altered if certain events occur relating to a Person other than the issuer thereof, (b) that are not treated as short term debt or long term debt for GAAP purposes and (c) that are accorded risk transfer credit by Xxxxx’x and S&P at the time of issuance thereof.

Credit Linked Notes means Notes of a Series which permit the Issuer to redeem the Notes upon the occurrence of a Credit Event, as specified in the Pricing Supplement;

Credit Linked Notes means any Notes in respect of which the Additional Terms and Conditions set forth in "Annex 9A – Additional Terms and Conditions for Credit Linked Notes" are specified as being applicable in the applicable Final Terms.

Credit Linked Notes means Notes in respect of which the applicable Final Terms or Pricing Supplement specify that the Redemption/Payment Basis: is “Credit Linked Redemption”.

Credit Linked Notes means a Note designated as such in the applicable Final Terms.