Early Termination Settlement Amount definition
Early Termination Settlement Amount means the sum of the Collateral Market Value less the Unwind Costs, as calculated by the Calculation Agent.
Early Termination Settlement Amount means:
Early Termination Settlement Amount. The amount agreed between the parties.
Examples of Early Termination Settlement Amount in a sentence
Early Termination Settlement Amount: The amount agreed between the parties.
More Definitions of Early Termination Settlement Amount
Early Termination Settlement Amount means the Collateral Market Value less the Unwind Costs, as calculated by the Calculation Agent in its sole and absolute discretion.
Early Termination Settlement Amount means an amount equal to the Collateral Market Value less the Unwind Costs, as calculated by the Calculation Agent in its sole and absolute discretion and in good faith and a commercially reasonable manner.
Early Termination Settlement Amount an amount in USD equal to (Market Price - Early Termination Price) x Early Termination Shares;
Early Termination Settlement Amount means, in respect of each Security and following an Early Termination Event, an event described in General Condition 3(a) or an Insolvency Event in relation to the Purchase Undertaker or the Murabaha Counterparty, an amount determined by the Calculation Agent (promptly following the date on which such event occurs) as being equal to the sum of (a) such Security's pro rata share of the liquidation value of the Portfolio and the Commodity Murabaha and (b) the Retained Amount. For this purpose, “liquidation value of the Portfolio and the Commodity Murabaha” shall be an amount equal to the sum of (i) the amount that the Issuer is entitled to receive from the Murabaha Counterparty following the early termination of the Commodity Murabaha; (ii) any payment received by the Issuer from the Purchase Undertaker in respect of the Investments purchased pursuant to the Purchase Undertaking (if exercised) or, if not exercised, the proceeds obtained from the liquidation of the Investments at the best price reasonably obtainable in a Shariah compliant manner taking into account any costs and expenses in relation to the liquidation; and (iii) any cash forming part of the Portfolio;
Early Termination Settlement Amount means the sum of: