Initial Underlying Assets definition

Initial Underlying Assets means, in respect of each Series, the initial Underlying Assets as specified in the Applicable Supplement.

Initial Underlying Assets means EUR 114,000,000 in principal amount of Asset- Backed Securitization Bonds issued by AyT Cédulas Cajas IV, Fondo de Titulización de Activos.

Initial Underlying Assets means the EUR 6,094,000 denominated shares in the Morgan Stanley Funds plc Euro Liquidity Fund subscribed for with the proceeds of the issue of the Notes.

Examples of Initial Underlying Assets in a sentence

• These investments have impacted margin but the Group is targeting an Adjusted EBITDA margin of greater than 9 per cent.

• In this regard, the difference between the consideration and the face value of the Initial Underlying Assets disposed of under Transaction H (i.e. approximately RMB13 million) would be used for settling part of the financing costs and relevant tax expenses incurred for this disposal.

• Applicable: As determined by the Calculation Agent, the earlier to occur of (i) an official announcement from the Underlying Assets Issuer or another party acting on its behalf to the effect that the currency of denomination of the Initial Underlying Assets is to be changed to a currency other than EUR, or (ii) the date on which a change in the currency the denomination of the Initial Underlying Asset from EUR to any other currency becomes effective.

• The proceeds of the issue and offering of the Notes will be used to subscribe for the Initial Underlying Assets.Initial Underlying Assets The "Initial Underlying Assets" will comprise USD62,500,000 in shares in the Morgan Stanley Funds plc US Dollar Liquidity Fund.The Initial Underlying Assets will be governed by Irish law.

• The proceeds of the issue and offering of the Notes will be invested in the Initial Underlying Assets.Initial Underlying Assets The Initial Underlying Assets will compriseEUR28,500,000 in principal amount of the EUR800,000,000 4.9% Bonds due 28 October 2024 issued by Trasmissione Elettricità Rete NazionaleS.p.A. (ISIN: XS0203712939) and EUR28,500,000 in principal amount of the EUR1,500,000,000 FloatingRate Notes due 23 May 2016 issued by Goldman Sachs Group Inc.

More Definitions of Initial Underlying Assets

Initial Underlying Assets means the principal amount of €20,000,000 of €2,000,000,000 3.25% Notes due 2012 issued by Banco Santander Cent-His (ISIN: ES0413900079).

Initial Underlying Assets means USD 62,500,000 in principal amount of shares in the Morgan Stanley Funds plc US Dollar Liquidity Fund.

Initial Underlying Assets means EUR126,000,000 of euro denominated shares issued by Lehman Brothers Liquidity Funds plc Lehman Euro Liquidity Fund.

Initial Underlying Assets means EUR50,000,000 of Öffentlicher Pfandbrief/Public Sector Covered Bonds of Eurohypo AG (ISIN: DE000EH093L0).

Initial Underlying Assets means (i) in respect of a Secured Series, the Initial Charged Assets; and (ii) in respect of an Unsecured Series, the Initial Series Assets.

Initial Underlying Assets means, in relation to each Class of Notes, the initial Underlying Assets relating to such Class of Notes, in which the proceeds of the issue of such Notes shall be invested. The portion of the Initial Underlying Assets in respect of each Class of Notes which is invested in cash shall not exceed twenty per cent of the Aggregate Flexed Amount of such Class of Notes.

Initial Underlying Assets means cash collateral in the amount of EUR 38,430,086.