Maturity Redemption Payment definition

Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

Maturity Redemption Payment means the amount per Note Security to which Holders are entitled at maturity based on the performance of the Reference Portfolio and calculated as described under “Description of the Note Securities – Maturity Redemption Payment”.

Maturity Redemption Payment means the amount per Note Security to which Holders are entitled on a Call Date (if the Note Securities are automatically called for redemption by the Bank on a Call Date) or on the Maturity Date based on the performance of the Reference Portfolio and calculated as described under “Description of the Note Securities – Maturity Redemption Payment”.

Examples of Maturity Redemption Payment in a sentence

• The following are hypothetical examples that illustrate how the Maturity Redemption Payment shall be calculated under different scenarios.

• Maturity Redemption Payment: means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

• The Variable Return would be nil and the Maturity Redemption Payment payable on the Maturity Payment Date would be $100 because the Deposits are principal protected at maturity.

• Moreover, while the Maturity Redemption Payment is based on the full principal amount of the Deposits, the pricing of the Deposits will factor in any selling commission described under “Fees and Expenses” and the Bank’s cost of hedging its obligations under the Deposits.

• EXAMPLES The following are hypothetical examples that illustrate how the Maturity Redemption Payment shall be calculated under different scenarios.

More Definitions of Maturity Redemption Payment

Maturity Redemption Payment means an amount that will be calculated by the Calculation Agent on the relevant Valuation Date (including, if the Notes are not automatically called by the Bank, on the Final Valuation Date) in accordance with the applicable formula below:

Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performanceof the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return). “Moody’s” means Moody’s Investors Service, Inc.

Maturity Redemption Payment means an amount per Deposit to which you are entitled on a Call Date (if the Deposits are automatically called for redemption by the Bank on a Call Date) or the Maturity Date, as the case may be, based on the performance of the Reference Portfolio and calculated as described under “Return of Your Deposit – Maturity Redemption Payment”.

Maturity Redemption Payment means the amount per Note Security to which Holders are entitled on a Call Date (if the Note Securities are automatically called for redemption by the Bank on a Call Date) or on the Maturity Date based on the performance of the Reference Portfolio and calculated as described under “Description of the Note Securities – Maturity Redemption Payment”. For greater certainty, references to Maturity Redemption Payment do not include any Coupon Payment that may be payable on a Maturity Payment Date.

Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance

Maturity Redemption Payment means the amount per Note Security to which Holders are entitled at maturity based on the performance of the Least Performing Reference Asset in the Reference Portfolio (and in certain circumstances for the NBC RelayTM Fixed ROC Note Securities (Daily-Monitored Barrier), on whether or not any Reference Asset Return reaches or falls below the Barrier on any day during the Barrier Measurement Period) and calculated as described under “Description of the Note Securities – Maturity Redemption Payment”.

Maturity Redemption Payment means the amount per Note Security to which Holders are entitled at maturity based on the performance of the Reference Asset and calculated as described under “Description of the Note Securities – Maturity Redemption Payment”, which may be in the form of cash or, if physical settlement is specified in the applicable pricing supplement, a combination of cash and Reference Assets.