Examples of OAT Strips in a sentence
If there has been a payment default in respect of the OAT Strips (having taken into account any applicable grace period), the Issuer shall give notice thereof to the Trustee, the Securityholders, the Calculation Agent and the Selling Agent.
OAT Relevant Sale Portion means, in relation to a Payment Date, that portion of the OAT Strips to be sold or delivered to Merrill Lynch International in between the immediately preceding Determination Date and that Payment Date by the Calculation Agent acting on behalf of the Issuer as determined by the Calculation Agent in accordance with the OAT Sale Formula.
OAT Relevant Sale Portion means in relation to a Payment Date, that portion of the OAT Strips to be sold or delivered to Merrill Lynch International in between the immediately preceding Determination Date and that Payment Date by the Calculation Agent acting on behalf of the Issuer as determined by the Calculation Agent in accordance with the OAT Sale Formula.
If the Charged Assets do not perform and, in particular, if the OAT Strips default, Securityholders may receive back significantly less than the amount invested.
In the event that the Notes are redeemed pursuant to Condition 7(b) (Redemption at the Option of the Subordinated Noteholders) each Class Z Noteholder will, in respect of the Class Z OAT Strip Security Component, receive either (i) such Class Z Noteholder's pro rata share of the proceeds of sale of the Class Z OAT Strips realised by the Custodian or, (ii) if it elects to do so, such Class Z Noteholder's pro rata distribution in kind of the Class Z OAT Strips.
In addition, bird diverters will be placed on certain sections of the OHL to minimise the risk of collisions.The Project will implement a Biodiversity Adaptive Management Plan (BAMP) for all species of conservation concern and has set impact thresholds that, if exceeded, would warrant additional mitigation based on a combination of scientific, regulatory, and social significance criteria.
Hence, theoret- ical predictions can be derived considering electronic transactions as being ap- proximately always reliable, implying that σ approximates the reliability of cash payments, while 1 − σ and µs approximate the trade risk of cash and electronic payments.
The total estimated cost of the project for 2014-15 is`65.00 lakhs.
Any income received from such sale of OAT Strips once the principal of the Securities has been reduced to EUR1, shall be treated as interest distribution.
In response to the directive in the July 29 Order, MISO adds the provision to the end of Exhibit 2, as shown in an attachment to this filing.