Equity Linked Note definition

Equity Linked Note means a Series of Notes in respect of which either an amount, which shall be calculated by reference to the value of a Security or Securities and/or a formula, is payable or a Securities Transfer Amount is deliverable (as indicated in the relevant Pricing Supplement);

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Equity Linked Note means an Equity Linked Interest Note or an Equity Linked Redemption Note.

Equity Linked Note means an Equity Linked Interest Note, an Equity Linked Redemption Note or a combination of the foregoing. In the case where an Equity Linked Note is an Equity Linked Interest Note only, the equity-linked redemption provisions in these Terms and Conditions shall not apply to it. In the case where an Equity Linked Note is an Equity Linked Redemption Note only, the equity-linked interest provisions in these Terms and Conditions shall not apply to it.

Examples of Equity Linked Note in a sentence

• Worked Example The scenario below is based on an Equity Linked Note (single share) allowing the Noteholders to receive a conditional Interest Amount of 2.50% per interest period (the PhoenixCoupon) in exchange of an exposure to the negative performance of the Underlying on the Maturity Date if the Notes have not been early redeemed before.

• This Note is, to the extent specified in the applicable Final Terms, a Fixed Rate Note, a Floating Rate Note, a Zero Coupon Note or a Note linked to the underlying reference asset(s) (an Underlying Reference(s)) specified in the applicable Final Terms such as a Credit Linked Note, an Index Linked Note, an Equity Linked Note, an Inflation Linked Note, a Currency Linked Note, a Commodity Linked Note, a Fund Linked Note, a Bond Linked Note, a Rate Linked Note or any appropriate combination thereof.

More Definitions of Equity Linked Note

Equity Linked Note means a Note specified as such in the Final Terms. "Euroclear" means Euroclear Bank S.A./N.V.

Equity Linked Note means an International Note specified as such in the relevant Final Terms;

Equity Linked Note means a Note in respect of which interest is to be calculated as provided in Condition 4(c) and the relevant Pricing Supplement.

Equity Linked Note means a Note where one or more payments under the Note are linked to one or more equity or equity-like securities, including, but not limited to, the price or yield of such securities.

Equity Linked Note shall have the meaning set forth in the Recitals.

Equity Linked Note means a Romanian Note specified as such in the relevant Final Terms;

Equity Linked Note means a Structured Note, payments in respect of which will be calculated by reference to the Share or Shares as specified in the Applicable Pricing Supplement.