Principal Protected definition

Principal Protected means an amount equal to 100 per cent. of the Calculation Amount. For the avoidance of doubt, the Principal Protection does not apply if the Notes are redeemed early or sold by an Investor prior to the Maturity Date.

Principal Protected means the Notes will be redeemed at the Maturity Date at a Final Redemption Amount equal to 100 per cent. of the Calculation Amount. For the avoidance of doubt, the protection of principal does not apply if the Notes are redeemed prior to the stated Maturity Date or sold by an investor prior to the stated Maturity Date.

Principal Protected means that your principal investment in the notes will be returned to you if held to maturity or until the date when the notes are called, regardless of the value of the CMS Spread, subject to the credit risk of Citigroup Inc. Thus, you will not receive less than $1,000 per $1,000 principal amount of notes if you hold the notes to maturity or until the date when notes are called.

Examples of Principal Protected in a sentence

• NAFA Islamic Principal Protected Fund-II (NIPPF-II) was launched on June 27, 2014 and carries a low risk profile.

• NAFA Islamic Principal Protected Fund-I (NIPPF-I) was launched on March 05, 2014 and carries a very low risk profile.

• Credit rating by any registered CRAs shall bear a prefix ‘PP-MLD’ denoting Principal Protected Market Linked Debt securities followed by the standardized rating symbols for long/ short term debt securities on the lines specified in SEBI Circular No. CIR/MIRSD/4/2011 dated June 15, 2011, SEBI/HO/MIRSD/DOS3/CIR/P/2019/70 dated June 13, 2019 or as may be specified by the Board.

• For Principal Protected Market Linked Debentures the Company has IND PP-MLD AAA emr/Stable from India Ratings.

• Record Date Record Date for the Issue will be for Principal Protected Secured Redeemable Non-Convertible Market Linked Debentures (PPMLD 15 (fifteen) days prior to the interest payment date/ redemption date on which the determination of the persons entitled to receive coupon/ redemption amount in respect of the Debentures (i.e. the persons whose names are registered in the register of Debenture holders in the NSDL/ CDSL record) shall be made.

• The scenario analysis set out below is an illustrative representation of the returns on the Principal Protected Debentures in the following scenarios.

• Early Redemption Amount (a) Early redemption for taxation reasons (pursuant to Condition 5.2): (b) Early redemption on event of default (pursuant to Condition 9.1): (i) Early Redemption Amount of each Note payable on early redemption: (c) Early redemption for Significant Alteration Event (Issuer) and Force Majeure (Issuer) pursuant to Condition 5.7):(i) Early Redemption Amount (Significant Alteration Event (Issuer)) Not Applicable Principal Protected Amount: 100 per cent.

• Under the purview of current document, the Company intends to raise by way of issue of Principal Protected Secured Redeemable Non-Convertible Market Linked Debentures as per the issue size mentioned in Annexure A – Term Sheet annexed with this document.

• Maximum Redemption Amount: [[ ] per Calculation Amount] [Not Applicable] 4 Note any additional disclosure requirements under the Principal Protected Notes Regulation (Canada) in respect of Notes sold in Canada.

• The Management Company on behalf of NAFA Islamic Principal Protected Fund – II shall maintain minimum cash and near cash instruments subject to applicable Regulations, Circulars or Directives issued by the Commission.

More Definitions of Principal Protected

Principal Protected means that at maturity your principal investment in the Notes will not be at risk as a result of a decrease in the Portfolio Return. If the Portfolio Return is equal to or less than zero on the Calculation Date, the Cash Settlement Value at maturity will be $1,000. You may receive less than the principal amount of the Notes if you sell your Notes prior to maturity.

Principal Protected. See Schedule A attached.

Principal Protected means that your principal investment in the certificates is not at risk due to a decline in the Nasdaq-100 Index. "Principal Protected" does not mean that you will receive a return of your principal investment in all cases. Under certain circumstances, losses realized on the assets of the trust will be borne by the holders of the certificates. In particular, upon the occurrence of a term assets credit event or a default by the swap counterparty, you may receive less than the principal amount of your investment and no interest distribution amount. For a description of what constitutes a term assets credit event and of certain provisions of the swap agreement, see "Description of the Swap Agreement -- Payments Upon Term Assets Credit Event," "-- Termination of Swap Agreement," and "-- Payments Upon Swap Termination Date."