Examples of Issuer Collateral in a sentence
If any of the Notes of any Class of the Series are cancelled or redeemed in part or (other than where all Classes are then redeeming) in whole, the Class Percentage of each Class will be adjusted to reflect the change in the proportion of aggregate principal amount of the ISDA Issuer Collateral relating to the relevant Class.
Information in relation to the ISDA Issuer Collateral is available from Bloomberg and the Tokyo and Nagoya Stock Exchanges and the Ministry of Finance of Japan.
If an event described in Condition 8(b)(i) or Condition 8(b)(ii) occurs in respect of part but not all of the ISDA Issuer Collateral, the Calculation Agent shall determine the affected proportion of the ISDA Issuer Collateral relating to each Class of Notes by reference to the Class Percentage of each such Class, rounded up or down, as determined appropriate by the Calculation Agent, to take account of any minimum tradable units of the JPY Government Bonds.
The adjustments may include (but will not be limited to) adjustments for Multi-counter Eligible Securities of the same class of an Issuer, Collateral Security and Specific Cash Collateral provided by the Clearing Participant.
The Warehouse ArrangementsPrior to the Issue Date, the Investment Manager has acquired, and will continue to enter into binding commitments to acquire in the name of and on behalf of the Issuer, Collateral Debt Obligations (each a “ Warehoused Asset” and collectively, “Warehoused Assets”) prior to the Issue Date (such period, the “Warehouse Period”) pursuant to financing arrangements (the “Warehouse Arrangements”).