Early Payment Amount definition

Early Payment Amount means the fair market value of such Securities immediately prior to such redemption (which may be nil) taking into consideration all information which the Issuer deems relevant (including, without limitation, the circumstances that resulted in the events causing such redemption) less the cost to the Issuer and/or its affiliates of unwinding any related hedging arrangements in relation to such Securities, all as determined by the Issuer in its discretion acting in good faith and in a commercially reasonable manner.

Early Payment Amount means an amount determined by the Calculation Agent on the second Business Day immediately preceding the due date for the early redemption or settlement of the Securities, representing the fair market value of such Securities taking into account all factors which the Calculation Agent determines relevant (including, if applicable, any accrued interest) (but ignoring the event which resulted in such early redemption) less all costs incurred by the Issuer or any affiliate in connection with such early redemption or settlement, including, without limitation, any costs to the Issuer associated with unwinding any funding relating to the Securities, any costs associated with unwinding any underlying related hedging arrangements, and all other expenses related thereto, as determined by the Calculation Agent in good faith and in a commercially reasonable manner.

Early Payment Amount has the meaning given in clause 26.11(e)(ii); “EIEP” means:

Examples of Early Payment Amount in a sentence

• The Early Payment Amount may be less than the original purchase price of the Securities and you could lose some or all of your investment.

• In the event of such early termination the Issuer will repay such Security at the Early Payment Amount, which will be determined on the basis of an amount determined by the Calculation Agent as representing the fair market value of such Security immediately prior to such early termination, less any cost to the Issuer, or any affiliate of the Issuer which is hedging the Security on the Issuer's behalf, of unwinding such hedging transactions.

• See Commonly Asked Question 25 (How is the Early Payment Amount calculated?) of the section entitled "Commonly Asked Questions" below.

• If the relevant Pricing Supplement specifies the Early Payment Amount as "Early Payment Amount 3" or the Securities are New York Law Notes being redeemed as a result of an Event of Default, the Early Payment Amount will be the outstanding nominal amount of the Security, including, if applicable, accrued interest to (but excluding) the date of redemption or settlement of the Securities.

• See Risk Factor 5.1(b) (The 'Early Payment Amount' may be less than the original invested amount) above.

More Definitions of Early Payment Amount

Early Payment Amount means, in respect of each Security, an amount in the Settlement Currency calculated by the Calculation Agent on the same basis as the Redemption Amount as set out in Product Condition 4 below except that for the purposes of this definition Share Final shall mean the Preference Share Value on the Early Redemption Valuation Date.

Early Payment Amount has the meaning given in clause 26.11(e)(ii);

Early Payment Amount has the meaning set forth in Section 1.4(d)(ii).

Early Payment Amount has the meaning given such term in Section 7.06(d)(ii)(B).

Early Payment Amount means the fair market value of such Notes immediately prior to such redemption (which may be nil) taking into consideration all information which the Issuer deems relevant (including, without limitation, the circumstances that resulted in the events causing such redemption), less the cost to the Issuer and/or its affiliates of unwinding any related hedging arrangements in relation

Early Payment Amount means, for the purposes of General Condition 15.2 (Consequences of an Event of Default), as defined therein; and for all other purposes, unless otherwise specified in the Conditions, where:

Early Payment Amount means, notwithstanding the definition of "Early Payment Amount" in General Condition 31.1 (Definitions), an amount determined by the Calculation Agent on the first Business Day after the Early Payment Disposal Period, representing the fair value of the Warrants, taking into consideration such matters and information that the Calculation Agent considers relevant, which information shall include (without limitation) the volume weighted average price per Share equal to the price that would be realised by a Hypothetical Broker Dealer (if any), less any expenses and Taxation, acting in a commercially reasonable manner, in terminating or liquidating Applicable Hedge Positions (corresponding to the number of outstanding Warrants) during the Early Payment Disposal Period; and