Diminishing Entitlement Rate definition

Diminishing Entitlement Rate means the rate at which the Cryptocurrency Entitlement decays over time. As of the Issue Date, the Diminishing Entitlement Rate is 2.00 percent. The Diminishing Entitlement Rate may be lowered by the Issuer at any time and the Issuer shall notify the Bondholders thereof in accordance with § 18;
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Diminishing Entitlement Rate means the rate at which the Cryptocurrency Entitlement decays over time. As of the Issue Date, the Diminishing Entitlement Rate is [2.00][●] percent. The Diminishing Entitlement Rate may be lowered by the Issuer at any time and the Issuer shall notify the Bondholders thereof in accordance with § 18;"Abnehmende Anspruchsrate " bezeichnet die Rate, mit welcher der Kryptowährungsanspruch im Laufe der Zeit abnimmt. Am Emissionstag beträgt die Abnehmende Anspruchsrate [2,00 %][●]. Die Abnehmende Anspruchsrate kann von der Emittentin zu jeder Zeit herabgesetzt werden und die Emittentin teilt dies den Anleihegläubigern gemäß § 18 mit;"Event of Default" shall have the meaning ascribed to it in § 11 (1);"Kündigungsgrund" hat die diesem Begriff in§ 11 (1) zugeschriebene Bedeutung;"Exercise Fee" means"Ausübungsgebühr" bezeichnet(i) in the case of Bondholders who are Authorised Participants an amount which is set out in the relevant Authorised Participant Agreement, which shall not exceed an amount equal to [0.50][●] percent of the Cryptocurrency Entitlement for each Bond in relation to which the Put Option is exercised; or(i) im Falle von Anleihegläubigern, die Autorisierte Teilnehmer sind, einen Betrag, der in dem maßgeblichen Autorisierten Teilnehmer-Vertrag angegeben ist, der einen Betrag, der [0,50 %][●] des Kryptowährungsanspruchs für jede Schuldverschreibung, für die eine Put- Option ausgeübt wird, entspricht, nicht überschreiten darf; oder(ii) in the case of other Bondholders who are not Authorised Participants an amount equal to [1.00][●] percent of the Cryptocurrency Entitlement for each Bond in relation to which the Put Option is exercised.(ii) im Falle sonstiger Anleihegläubiger, die keine Autorisierten Teilnehmer sind, einen Betrag, der [1,00 %][●] des Kryptowährungsanspruchs für jede Schuldverschreibung, für die eine Put- Option ausgeübt wird, entspricht;The Exercise Fee may be lowered by the Issuer at any time and the Issuer shall notify the Bondholders thereof in accordance with § 18;Die Ausübungsgebühr kann von der Emittentin zu jeder Zeit herabgesetzt werden und die Emittentin teilt dies den Anleihegläubigern gemäß § 18 mit;"Failed Auction" shall have the meaning ascribed to it in § 14 (6);"Fehlgeschlagene Auktion" hat die diesem Begriff in § 14 (6) zugeschriebene Bedeutung;"FATF" means The Financial Action Task Force (on Money Laundering), an intergovernmental organization founded in 1989 to develop policies to combat money laundering;"FATF" bezeich...
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Diminishing Entitlement Rate or "DER" means the diminishing entitlement rate;
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Examples of Diminishing Entitlement Rate in a sentence

  • The Issuer makes profit through charging subscription fees, certain redemption fees and the Diminishing Entitlement Rate.

  • Furthermore, the Company would like to remind holders of ordinary shares (‘‘Shareholders’’) that physical attendance in person at the Meeting is not necessary for the purpose of exercising their voting rights and strongly recommends Shareholders to appoint the chairman of the Meeting as their proxy and submit their form of proxy as early as possible.

  • The Issuer expects to finance its activities by the issue of such bonds through charging subscription fees, certain redemption fees and ongoing fees corresponding to the Diminishing Entitlement Rate (as specified in the relevant Final Terms in relation to each Series of Bonds) on the units of the underlying Crypto- currencies received as proceeds for the subscription of such bonds.

  • The Issuer makes profit through charging subscription fees, certain redemption fees and ongoing fees corresponding to the Diminishing Entitlement Rate (as specified in the relevant Final Terms in relation to each Series of Bonds) on the Units of the underlying Cryptocurrency or the underlying Cryptocurrencies comprising the Basket received as proceeds for the subscription of the Bonds and deposited in the Depositary Wallet in relation to each Series of Bonds.

  • The Issuer makes profit through charging subscription fees, certain redemption fees and ongoing fees corresponding to the Diminishing Entitlement Rate (as specified in the relevant Final Terms in relation to each Series of Notes) on the Units of the underlying Cryptocurrency or the underlying Cryptocurrencies comprising the Basket received as proceeds for the subscription of the Notes and deposited in the Depositary Wallet in relation to each Series of Notes.

  • In such case, following the publication of such notice, the Cryptocurrency Entitlement will no longer be affected by the covered call strategy, but only by the Diminishing Entitlement Rate.

  • DER means Diminishing Entitlement Rate, which is a fixed percentage as specified in the relevant Final Terms of each Series of Notes (subject to reduction by the Issuer), and n means the number of days /365 Noteholders have to be aware that the Cryptocurrency Entitlement is limited to the Series Assets of the respective Series of Notes.

  • The Issuer expects to finance its activities by the issue of such bonds through charging subscription fees, certain redemption fees and ongoing fees corresponding to the Diminishing Entitlement Rate (as specified in the relevant Final Terms in relation to each Series of Bonds) on the units of the underlying Cryptocurrencies received as proceeds for the subscription of such bonds.