Examples of Loss Trigger Event in a sentence
CitiFirst Instalment MINIs will not terminate early unless a Stop Loss Trigger Event occurs or there is an Extraordinary Event declared by Citi.
Investors have the right to pay the Final Instalment at any time on or prior to or on the Maturity Date or the occurrence of a Stop Loss Trigger Event to complete the purchase of the Underlying Shares.
Holders will be provided with notice of the occurrence of the Stop Loss Trigger Event or declaration of an Extraordinary Event by Citi.
Investors should note that the occurrence of a Stop Loss Trigger Event is not, of itself, an Extraordinary Event.In such circumstances Citi may fix an earlier Maturity Date, or in respect of a Trust Tax Change terminate the trust relationship governed by the Instalment Warrant Deed.
A Holder may exercise a CitiFirst Instalment MINI at any time prior to the Closing Time on the Maturity Date or the occurrence of a Stop Loss Trigger Event by delivering an Exercise Notice attached to this PDS and paying the Final Instalment (plus any Exercise Costs), which will be used to repay the outstanding amount of the Loan (and, to the extent of any excess, constitutes a fee payable to Citi).