Deliverable Amount definition

Deliverable Amount means Deliverable Obligations having an Outstanding Amount (or the equivalent specified Currency Amount converted at the Currency Rate) on or around any day on or prior to the Delivery Date as selected by the Calculation Agent in its sole discretion (provided that if a Notice of Physical Settlement is given or, as the case may be, amended or changed at any time after such day, such other date after such Notice of Physical Settlement is given or, as the case may be, amended or changed) or otherwise as determined by the Calculation Agent in its sole discretion equal to the Reference Entity Notional Amount (or, as applicable, Exercise Amount), subject to any Physical Settlement Adjustment;
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Deliverable Amount means, in respect of each Note in relation to which Physical Settlement applies
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Deliverable Amount means, in connection with any Notes subject to a single Delivery Instruction Certificate, the sum of (i) a portion, determined by the Calculation Agent in its absolute discretion, of the Net Portfolio corresponding to the number of Notes subject to that Delivery Instruction Certificate but rounded down to the nearest whole number of assets; (ii) the Net Proceeds of that fraction of the Net Portfolio that was the subject of such rounding down; and (iii) where the Aggregate STP is payable to the Issuer, a pro-rata portion of such Aggregate STP.
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Examples of Deliverable Amount in a sentence

  • For the avoidance of doubt, the Determination Agent shall be entitled to select any of the Deliverable Obligations to constitute the Deliverable Amount, irrespective of their market value.

  • In the Notice of Physical Settlement the Issuer shall specify the Deliverable Obligations comprising the Deliverable Amount that it reasonably expects to deliver.

  • The value of such Deliverable Amount and/or the Cash Settlement Amount may be less than the principal amount of such Note.

  • Subject to Condition 17.2, if the Issuer is BCCL the due and punctual payment of any amounts due by the Issuer under any Notes, including any liability to make a payment resulting from a default in any obligation to physically deliver Underlying Securities or the Deliverable Amount in respect of the Notes, is unconditionally and irrevocably guaranteed by the Guarantor pursuant to the Guarantee.

  • Notwithstanding the foregoing, if any Restricted Note is to be redeemed by delivery of the Reference Assets or the Deliverable Amount, any relevant provisions which modify the foregoing relating to such redemption and delivery, including the notices and certifications required, shall be as set out in the applicable Final Terms.

  • If the Issuer does not elect to deliver the Deliverable Amount, the Issue and Paying Agent shall give notice to the relevant Noteholders in accordance with Condition 16 of the Redemption Amount payable in cash in respect of each Note as soon as practicable after calculation of such amount.

  • If all or a portion of the Undeliverable Obligations constituting the Deliverable Amount are not delivered by a Final Delivery Date, the Issuer shall give notice (a "Cash Settlement Notice") to the Noteholders in accordance with Condition 16 and the Issuer shall pay in respect of each Undeliverable Obligation the Cash Settlement Amount on the Cash Settlement Date.

  • If Conditions to Settlement are satisfied and the Credit Linked Notes become redeemable in accordance with this Condition 5.1(d)(iii), upon Delivery of the Deliverable Amount and/or payment of the Cash Settlement Amount, as the case may be, the Issuer shall have discharged its obligations in respect of such Notes and shall have no other liability of obligation whatsoever in respect thereof.

  • In the event that a Noteholder requests that delivery of the Underlying Securities or the Deliverable Amount be made at a location or in a method that is different from that in the applicable Supplement, the Issuer will, without any obligation whatsoever and provided that no additional unreimbursed costs are incurred, seek to deliver the Underlying Securities or the Deliverable Amount to such location and/or by such method.

  • The Issuer will ensure that delivery of the Underlying Securities or the Deliverable Amount to the Noteholder will be effected on the Security Delivery Date.


More Definitions of Deliverable Amount

Deliverable Amount means delivery to each Noteholder on the due date for redemption of (1) a pro rata share of the First Securities (rounded down to the nearest whole number of First Securities) and (2) a pro rata share of the cash proceeds of the sale of the Second Securities and any First Securities remaining after the rounding down in (1) received by the Issuer and paid to the Cash Account on or before the Early Redemption Date, less any taxes, costs, losses and expenses incurred due to such sale and (3) a pro rata share of any cash credited to the Cash Account.Not Applicable Yes
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Deliverable Amount means delivery to each Noteholder on the due date for redemption of (1) a pro rata share of the First Securities (rounded down to the nearest whole number of First Securities) and (2) a pro rata share of the cash proceeds of the sale of the Second Securities and any First Securities remaining after the rounding down in (1) received by the Issuer and paid to the Cash Account on or before the Early Redemption Date, less any taxes, costs, losses and expenses incurred due to such sale and (3) a pro rata share of any cash credited to the Cash Account.Not Applicable Yes27. Form of Notes: Bearer28. New Global Note: No29. Credit-linked Notes: No30. Exchangeable Notes: No31. Exchange Event (if applicable): Not Applicable32. Clearing System (if applicable): Euroclear, Clearstream, Luxembourg33. Securities Entitlement (if applicable): Not Applicable34. Exchange:
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Deliverable Amount means the Principal Amount of the Notes, less a principal amount of the First to Default Bonds or Replacement Bonds, as applicable, which have a market value equal to Costs, all as determined by the Calculation Agent in its sole and absolutediscretion.
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Deliverable Amount has its meaning set out in clause 2.7(a) (Repayment).
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Deliverable Amount means the amount of Deliverable Obligations that the Issuer or any of its Affiliates has been able to source during the Physical Settlement Period, using reasonable efforts, in the relevant cash markets where the relevant Deliverable Obligations are regularly trading, or in an Auction, or under any hedging transaction in relation to the Notes, in an aggregate nominal amount equal to the Reference Entity Notional Amount at a price equal to or less than the Auction Final Price (or, where no Auction takes place, 100 per cent.), having an aggregate Outstanding Principal Balance (converted where applicable into the Currency Amount) equal to, or an amount as close as possible to but not greater than, the Reference Entity Notional Amount and allocated by the Issuer for the purposes of settlement in relation to the Notes.
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Related to Deliverable Amount

  • Allowable Amount on any date, means:

  • Rescindable Amount has the meaning as defined in Section 2.12(b)(ii).

  • Applicable Amount means, at any time (the “Applicable Amount Reference Time”), an amount equal to (a) the sum, without duplication, of:

  • Allocable Amount has the meaning specified in Section 10.21(d).

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).

  • Hurdle Amount for any period during a calendar year means that amount that results in a 5% annualized internal rate of return on the Net Asset Value of the Partnership Units outstanding at the beginning of the then-current calendar year and all Partnership Units issued since the beginning of the then-current calendar year, taking into account the timing and amount of all distributions accrued or paid (without duplication) on all such Partnership Units and all issuances of Partnership Units over the period and calculated in accordance with recognized industry practices. The ending Net Asset Value of the Partnership Units used in calculating the internal rate of return will be calculated before giving effect to any allocation or accrual to the Performance Participation Interest and any applicable stockholder servicing fee expenses, provided that the calculation of the Hurdle Amount for any period will exclude any Partnership Units repurchased during such period, which Partnership Units will be subject to the Performance Participation Interest upon such repurchase as described in Section 5.2(c).

  • Registrable Amount means an amount of Registrable Securities having an aggregate value of at least $200,000,000 (based on the anticipated offering price (as determined in good faith by the Requesting Shareholders)).

  • Principal Distributable Amount means, with respect to any Distribution Date, the amount equal to the excess, if any, of (x) the sum of (i) the principal portion of all Collected Funds received during the immediately preceding Collection Period (other than Liquidated Receivables and Purchased Receivables), (ii) the Principal Balance of all Receivables that became Liquidated Receivables during the related Collection Period (other than Purchased Receivables), (iii) the principal portion of the Purchase Amounts received with respect to all Receivables that became Purchased Receivables during the related Collection Period, (iv) the aggregate amount of Cram Down Losses that shall have occurred during the related Collection Period; and (v) following the acceleration of the Notes pursuant to Section 5.2 of the Indenture, the amount of money or property collected pursuant to Section 5.4 of the Indenture since the preceding Determination Date by the Trust Collateral Agent for distribution pursuant to Section 5.7 hereof over (y) the Step-Down Amount, if any, for such Distribution Date.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Allocable Amounts, when used with respect to any Senior Indebtedness, means all amounts due or to become due on such Senior Indebtedness less, if applicable, any amount which would have been paid to, and retained by, the holders of such Senior Indebtedness (whether as a result of the receipt of payments by the holders of such Senior Indebtedness from the Company or any other obligor thereon or from any holders of, or trustee in respect of, other indebtedness that is subordinate and junior in right of payment to such Senior Indebtedness pursuant to any provision of such indebtedness for the payment over of amounts received on account of such indebtedness to the holders of such Senior Indebtedness or otherwise) but for the fact that such Senior Indebtedness is subordinate or junior in right of payment to (or subject to a requirement that amounts received on such Senior Indebtedness be paid over to obligees on) trade accounts payable or accrued liabilities arising in the ordinary course of business.

  • Class C Distributable Amount As defined in the Preliminary Statement.

  • Distributable Amount has the meaning set forth in Section 5.02(d) hereof.

  • Maximum Distributable Amount means any maximum distributable amount relating to the Issuer and/or the Group (if any) which is determined pursuant to Article 141 of the CRD IV Directive (or, as the case may be, any provision of Danish law transposing or implementing Article 141 of the CRD IV Directive), or any successor provision thereto;

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, the sum of (i) the Monthly Interest Distributable Amount for that Class and (ii) the Unpaid Interest Shortfall Amount for that Class.

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Sale Amount means, with respect to any Sold Receivable, the amount received from the related third-party purchaser as payment for such Sold Receivable.

  • Payment Amount as defined in Section 3.5.

  • REMIC III Available Distribution Amount For any Distribution Date, the amount distributed from REMIC II to REMIC III on such Distribution Date in respect of the REMIC II Regular Interests.

  • Available Distribution Amount As to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, an amount equal to (a) the sum of (i) the amount relating to the Mortgage Loans on deposit in the Custodial Account as of the close of business on the immediately preceding Determination Date, including any Subsequent Recoveries, and amounts deposited in the Custodial Account in connection with the substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any Advance made on the immediately preceding Certificate Account Deposit Date, (iii) any amount deposited in the Certificate Account on the related Certificate Account Deposit Date pursuant to the second paragraph of Section 3.12(a), (iv) any amount deposited in the Certificate Account pursuant to Section 4.07, (v) any amount that the Master Servicer is not permitted to withdraw from the Custodial Account or the Certificate Account pursuant to Section 3.16(e), (vi) any amount received by the Trustee pursuant to the Surety Bond in respect of such Distribution Date and (vii) the proceeds of any Pledged Assets received by the Master Servicer, reduced by (b) the sum as of the close of business on the immediately preceding Determination Date of (w) aggregate Foreclosure Profits, (x) the Amount Held for Future Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer from the Custodial Account in respect of the Mortgage Loans pursuant to clauses (ii)-(x), inclusive, of Section 3.10(a). Such amount shall be determined separately for each Loan Group. Additionally, with respect to any Mortgage Pool that is comprised of two or more Loan Groups, if on any Distribution Date Compensating Interest provided pursuant to this Section 3.16(e) is less than Prepayment Interest Shortfalls incurred on the Mortgage Loans in connection with Principal Prepayments in Full and Curtailments made in the prior calendar month, such Compensating Interest shall be allocated on such Distribution Date to the Available Distribution Amount for each Loan Group on a pro rata basis in accordance with the respective amounts of such Prepayment Interest Shortfalls incurred on the Mortgage Loans in such Loan Group in respect of such Distribution Date.