Examples of Notice Delivery Period in a sentence
The terms and conditions of the Notes relating to the calculation of the Final Price of the relevant Reference Obligation, the Credit Event Redemption Amount and the Valuation Method, in the event that Conditions to Settlement are satisfied during the Notice Delivery Period, shall be set out in the applicable Final Terms.
In such case, if a Credit Event Determination Date does not occur on or prior to the last day of the Notice Delivery Period, as extended, then the Credit Linked Notes will be redeemed at the amount specified in Credit Linked Provision 2.1 (Redemption at scheduled maturity) on the earlier of (i) the date falling five Business Days following the expiry of the Notice Delivery Period and (ii) the date (the "Final Stated Maturity Date") falling 2 years after the Scheduled Maturity Date.
If a Credit Event Notice is delivered to the Principal Paying Agent during the Notice Delivery Period or if an Extension Notice is delivered to the Principal Paying Agent on or prior to the last day of the Credit Protection Period, final payment of principal, interest and/or final delivery of Deliverable Obligations on the Credit Linked Notes may be delayed.
If one or more Reference Entities experience a Credit Event during the Credit Protection Period, and the related Credit Event Notice is delivered or deemed delivered during the Notice Delivery Period, Credit Linked Notes will be subject to mandatory redemption in accordance with the applicable Settlement Method or, if a Fallback Settlement Event occurs, the applicable Fallback Settlement Method.
If a Credit Event Determination Date occurs (or, if the Calculation Agent so elects, is subsequently deemed by a CDDC to have occurred) during the Notice Delivery Period, then the Credit Linked Notes will be redeemed in accordance with the following.