Examples of Fund Event in a sentence
Such Fund Event may result in you receiving less than the original investment amount or, if a substitution is provided for, may result in a change in the profile and composition of the Fund Linked Securities.
Nonetheless, if the Determination Agent becomes aware of the materialisation of certain risks concerning the Fund Managers or the strategy profile, dealing terms or valuation of the Fund or Fund Basket, the Issuer may, at the determination of the Determination Agent, declare that a Fund Event has occurred.
See sub-paragraph (j) (Fund Event) below in respect of the consequences of a Fund Event.
The Issuer and the Calculation Agent shall not be liable to any party or person for losses resulting from the occurrence of a Fund Event under the Securities.
However, the Issuer and the Calculation Agent are under no obligation to monitor whether a Fund Event has occurred in respect of an underlying Fund.