Examples of Minimum Exercise Amount in a sentence
Otherwise the amount of the Securities specified in the Exercise Notice will be rounded down to the nearest multiple of the Minimum Exercise Amount and the Exercise Right is deemed to be not effectively exercised with regard to the amount of Securities exceeding such amount.
Where a Minimum Exercise Amount has been specified to apply in the Product Terms, the number of Securities exercised on any Exercise Date by a Securityholder, as determined by the Calculation Agent, must not be less than such Minimum Exercise Amount or, if a number in excess of the Minimum Exercise Amount and if an Integral Exercise Amount has been specified in the Product Terms, an integral multiple of the Integral Exercise Amount.
For the purposes of these Conditions, the following definitions will apply: Accumulated Amount means, in relation to one or more Accumulated Valuation Date, the amount in the Settlement Currency to be paid to the Securityholder on the relevant Accumulated Payment Date per each Minimum Exercise Amount pursuant to Condition 24 (Pay-out provisions).
Otherwise the amount of the Securities specified in the Exercise Notice will be rounded down to the nearest mul- tiple of the Minimum Exercise Amount and the Exercise Right is deemed to be not effec- tively exercised with regard to the amount of Securities exceeding such amount.
Otherwise the amount of the Securities specified in the Exercise Notice will be rounded down to the nearest multiple of the Minimum Exercise Amount and the Exercise Right is deemed tobe not effectively exercised with regard to the amount of Securities exceeding such amount.