Physical Redemption Assets definition

Physical Redemption Assets means, in respect of any Preference Shares the subject of a single Delivery Instruction Notice (or, if a Delivery Instruction Notice specifies two or more Calculation Sets, a Calculation Set) in respect of the Scheduled Redemption Date and/or each Extended Redemption Date (if any):
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Examples of Physical Redemption Assets in a sentence

  • In certain circumstances, delivery of Deliverable Obligations contained in the Physical Redemption Assets may be delayed to a date beyond the Physical Redemption Date.

  • The Mayor objected to this ruling and appealed the case.On November 16, a confrontation broke out between troops of the Tenth Shield Army Brigade (Décima Brigada Blindada del Ejército) and members of the ELN in a rural zone within the municipality of Dibulla.

  • The Bank’s obligations will be deemed to be fully discharged with respect to such Credit Linked Note as at the date on which the relevant portion of the Physical Redemption Assets has been fully Delivered (if any) or otherwise as at the date immediately following the Latest Permissible Physical Redemption Date.

  • If such partial cash settlement does not apply, then in respect of the portion of the Physical Redemption Assets for which it is not possible or legal to take Delivery on the Physical Redemption Date, such Delivery will take place as soon as practicable thereafter in accordance with the provisions of the Credit Linked Asset Conditions and in any event on or before the Latest Permissible Physical Redemption Date.

  • If a Noteholder fails to do so, the obligations of the Bank to that Noteholder may be discharged either, if “Fallback Cash Redemption” applies, by fallback cash redemption at the market value of the Physical Redemption Assets determined by the Bank and if “Fallback Cash Redemption” does not apply, without any payment or Delivery.

  • In relation to a Credit Linked Note to which “Physical Redemption” applies, the Issuer’s obligation to Deliver the relevant portion of the Physical Redemption Assets is subject to various conditions, including, without limitation, the obligation of the Noteholder to deliver to the Issuer a Deliverable Obligation Notice within the prescribed time frame.

  • If a Noteholder fails to do so, the obligations of the Issuer to that Noteholder may be discharged either, if “Fallback Cash Redemption” applies, by fallback cash redemption at the market value of the Physical Redemption Assets determined by the Issuer and, if “Fallback Cash Redemption” does not apply, without any payment or Delivery.

  • The Issuer’s obligations will be deemed to be fully discharged with respect to such Credit Linked Note as at the date on which the relevant portion of the Physical Redemption Assets has been fully Delivered (if any) or otherwise as at the date immediately following the Latest Permissible Physical Settlement Date.

  • For Credit Linked Principal Notes, unless redeemed early in full, if a Credit Event and a relevant Event Determination Date occurs, then each Single Name Credit Linked Note will be redeemed in full (or, where an M(M)R Restructuring occurs or multiple successors are identified, in part) by payment of the relevant Credit Event Redemption Amount or, where Physical Redemption applies, by delivery of the Physical Redemption Assets and/or any applicable cash amounts on the relevant Credit Event Redemption Date.

  • If such partial cash settlement does not apply, then, in respect of the portion of the Physical Redemption Assets for which it is not possible or legal to take Delivery on the Physical Redemption Date, such Delivery will take place as soon as practicable thereafter in accordance with the provisions of Condition 8 (Credit Linked Notes) and in any event on or before the Latest Permissible Physical Settlement Date.

Related to Physical Redemption Assets

  • Final Redemption Value means the Underlying Reference Value.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Special Mandatory Redemption has the meaning provided in Section 3.02(a).

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Special Mandatory Redemption Price has the meaning set forth in Section 4.03(a).

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Special Mandatory Redemption Date has the meaning set forth in Section 3.02(b) hereto.

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Series A Redemption Date has the meaning set forth in Section 16.6.