Examples of Principal Protection Amount in a sentence
As a result, prospective investors should be prepared to hold the Notes until the Maturity Date for the Series and to receive an amount per Repurchased Note on any Repurchase Settlement Date that may be less than the Principal Protection Amount, less than the Note PV, less than any market value of the Repurchased Note, and in certain circumstances may be zero.
If the required approval is not obtained, or a successor portfolio manager is otherwise not appointed in respect of any Credit Strategy-Linked Securities, the exposure of the Notes of the Series to the relevant Credit Strategy will be reduced to zero for the remainder of the term of the Notes and the Noteholders of the Series will receive on the Maturity Date an amount per Note that is equal to the Principal Protection Amount plus any Lock-Out Excess Amount calculated in respect of the Series.
Unless a Credit Strategy Investment Lock-Out Trigger occurs in respect of a Series, whether an amount in excess of the Principal Protection Amount is repaid in respect of a Note of the Series on the Maturity Date will depend upon the Note Reference Portfolio NAV for the Series on the Maturity Determination Date which, in turn, will depend upon the Credit Strategy NAV of the relevant Credit Strategy on the Maturity Determination Date.
The Funding Swap Counterparty will pay to the Issuer on the Scheduled Maturity Determination Date the product of the Principal Protection Amount and the number of Notes to be redeemed in respect of such date which (together with the Gap Risk Swap) ensures that the Scheduled Redemption Amount payable in respect of each Note on the Maturity Date is at least equal to the Principal Protection Amount.
As a result, prospective investors should be prepared to receive an amount per Note on any Mandatory Redemption Date that that may be less than the Principal Protection Amount, less than the Note PV, less than any market value of the Notes, and in certain circumstances may be zero.
However, to the extent that the amount payable in respect of a Zero Coupon Note on the Maturity Date exceeds the Principal Protection Amount, the excess shall represent the amount of interest on the Notes.
The Noteholders will be repaid a minimum amount per Note on the Maturity Date equal to the Principal Protection Amount (being 100 per cent.
Financing flows and needs to implement the non-legally binding instrument on all types of forests.
The Funding Swap Counterparty will pay to the Issuer on the Scheduled Maturity Determination Date the product of the Principal Protection Amount and the number of Notes to be redeemed in respect of such date.
The Reference Portfolio Advisor may, on giving 60 days' notice to the Issuer, direct the Issuer to redeem the Notes then outstanding on any IMM Date from and including the IMM Date falling in July 2017, provided that the Reference Portfolio Advisor certifies, on the day such notice is given, that the Net Transaction Value is greater than or equal to the aggregate of the Principal Protection Amount and any accrued and unpaid fees and expenses of the Issuer as of such date.