Early Redemption Unwind Costs means an amount (which may be either a positive or negative number) equal to the sum of:
Early Redemption Unwind Costs means the sum (the result of which may be positive, negative or zero) of:
Early Redemption Unwind Costs means an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, expenses (including loss of funding), tax and duties incurred by the Issuer in connection with the redemption of the Securities and the related termination, settlement or re-establishment of any hedge or related trading position, such amount to be apportioned pro rata amongst each principal amount of Securities equal to the Calculation Amount
Examples of Early Redemption Unwind Costs in a sentence
Early Redemption Amount an amount equal to the market value of each Note on the date ofredemption, adjusted, if so specified in the applicable Final Terms, to account for Early Redemption Unwind Costs.
In the event of an early termination of the Notes the present value of this excess amount at the time of termination, as determined by the Calculation Agent in its sole and absolute discretion, will comprise part of the Early Redemption Unwind Costs.
On such early redemption Securityholders will receive an early redemption amount equal to the fair market value of the Securities less Early Redemption Unwind Costs (see page 57 below).
If the Securities are subject to early cancellation pursuant to General Condition 5.1, General Condition 5.2 or General Condition 10, each Security will be cancelled at an Early Termination Amount (if any) determined by the Calculation Agent to be an amount in EUR (which may never be less than zero) equal to such Securities' pro rata share of (a) the Market Value Collateral, less (b) the Early Redemption Unwind Costs, together with interest accrued to the date of cancellation.
Upon any such purchase the Swap Agreement will terminate or reduce (pro rata, in the case of a purchase of some only of the Notes) and Early Redemption Unwind Costs in respect of the Swap Agreement may be payable by or to the Issuer.
More Definitions of Early Redemption Unwind Costs
Early Redemption Unwind Costs means an amount (which may be either a positive or a negative number) equal to the sum of (a) any legal or other ancillary costs or expenses incurred by the Swap Counterparty, the Trustee, the Selling Agent or the Calculation Agent as a result of an early redemption of the Notes and (b) the amount (if any) payable by either (i) the Issuer to the Swap Counterparty (expressed as a positive number) or (ii) the Swap Counterparty to the Issuer (expressed as a negative number) on termination of the Asset Swap as a result of an early redemption of the Notes.
Early Redemption Unwind Costs means an amount equal to the sum of any legal or other ancillary costs (expressed as a positive number) incurred by the Issuer, the Trustee or the Swap Counterparty as a result of such early redemption. Payment in accordance with the foregoing provisions shall constitute full and final satisfaction of all of the Issuer's obligations to make any payment of principal in respect of the principal amount of the Notes so to be redeemed and of any interest accruing in respect of such principal amount at any time after the first day of the Interest Period during which the Notes become subject to mandatory redemption and the Outstanding Principal Amount of the Notes shall be deemed to be reduced accordingly. 24. Listing: Application will be made to list the Notes on the Irish Stock Exchange. No assurance can be given that such listing will be obtained and/or maintained. 25. The Notes have been accepted in Euroclear and Clearstream, Luxembourgand have the following security codes: Common Code: 030647530. ISIN Code: XS0306475301. Provided that, for the period from, and including, the New Issue Date to, but excluding, the date on which interests in the Temporary Global Note in relation to the Further Notes are exchanged for interests in the Permanent Global Note in accordance with paragraph 17(c) above, the Further Notes shall be identified by the following temporary security codes: Common Code: 030972597 ISIN Code: XS0309725975 26. Rating: The Notes are expected to be rated "AAA" by S&P. A security rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by S&P at its discretion. 27. Custody: Not applicable. 28. Registrar and Transfer Agent:Not applicable. 29. Agent for Service of Process:Deutsche Bank AG, acting through its London branch at its registered office for the time being (currently at Winchester House, 1 Great Winchester Street, London EC2N 2DB).SCHEDULE 1 TO THE TERMS AND CONDITIONS OF THE NOTES DEFINITIONSThe following terms shall have the meanings ascribed to them in the Default Swap: Cash Settlement Amount Credit EventEvent Determination Date Final PriceReference Entities Termination DateUndetermined Reference EntitySCHEDULE 2 TO THE TERMS AND CONDITIONS OF THE NOTES AMENDMENTS TO TRUST TERMSThe DBL/DBAG Structured Investment Terms Module 4.1.1.12 (English law Notes; Terms and Conditions for Coriolanus Limited) July 2002 Edition shall for the purposes of this Transaction be amen...
Early Redemption Unwind Costs means the amount specified in the applicable Final Terms or if Standard Early Redemption Unwind Costs are specified in the applicable Final Terms, an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, expenses (including loss of funding), tax and duties incurred by the Issuer in connection with the redemption of the Notes and the related termination, settlement or re-establishment of any hedge or related trading position, such amount to be apportioned pro rata amongst each nominal amount of Notes in the Specified Denomination.
Early Redemption Unwind Costs means, the sum of the following amounts (in each case as determined by the Calculation Agent in a commercially reasonable manner):
Early Redemption Unwind Costs means the sum of all fees, costs, charges, expenses, liabilities and other amounts (if any) incurred by or payable to the Trustee in connection with such early redemption and all fees, costs, charges, expenses, liabilities and other amounts (if any) incurred by the Issuer, Trustee (including any costs in relation to the realisation of the Collateral) and Calculation Agent incurred as a result of such early redemption. Any determinations by the Calculation Agent shall be made in a commercially reasonable manner and shall, in the absence of manifest error, be conclusive and binding on the Issuer, the Trustee, the Noteholders, the Agent and all other persons and no liability shall attach to the Calculation Agent in respect thereof.
Early Redemption Unwind Costs means an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, expenses (including, without limitation, loss of funding), tax and duties incurred by the Issuer in connection with the redemption of the Securitiesand the related termination, settlement or re-establishment of any hedge or related trading posi- tion.
Early Redemption Unwind Costs means [insert the specified amount]/[insert if “Standard Early Redemption Unwind Costs” apply: an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, expenses (including loss of funding), tax and duties incurred by the Issuer in connection with the redemption of the Securities and the related termination, settlement or re-establishment of any hedge or related trading position, such amountto be apportioned pro rata amongst each [in the case of Securities governed by German law other than Certificates without a principal amount insert: principal amount of Securities in the Specified Denomination] [in the case of Securities governed by English law other than Certificates without a principal amount insert: principal amount of Securities equal to the Calculation Amount] [in the case of Certificates without a principal amount insert: Security]][;] [.] [and] [“Amortised Face Amount” means [an amount calculated in accordance with the following formula: RP × (1 + AY) y where: