Rating Downgrade Redemption Amount definition

Rating Downgrade Redemption Amount means the Outstanding Principal Amount of each Note immediately prior to redemption of the Notes pursuant to Condition 8.8 and this sub-paragraph 13(D). For the avoidance of doubt, if the Noteholder Put Date or, as the case may be, the Automatic Put Date is postponed in accordance with the final paragraph of this sub- paragraph 13(D), the Outstanding Principal Amount of each Note will be reduced in accordance with sub-paragraph 13(B) to reflect any Principal Amount Reduction occurring during such period of postponement.Payment of the Ratings Downgrade Early Redemption Amount in respect of all of the Notes in accordance with the foregoing provisions shall constitute full and final discharge of all of the Issuer's obligations inrespect of the Notes.Notwithstanding the provisions of this sub- paragraph 13(D), if an Event Determination Date has occurred prior to any Ratings Downgrade Redemption Date and the date on which a Cash Settlement Amount is determined in respect of the relevant Credit Event and Reference Obligation (as defined in the Default Swap) has not occurred on or before such Ratings Downgrade Redemption Date, such Ratings Downgrade Redemption Date shall be postponed in accordance with paragraph 11 above.No other Optional Redemption: (E) Conditions 8.6, 8.7, 8.9 and 8.11 will notapply to the Notes.Early Redemption: (F) The Notes shall be redeemed if, at anytime, the aggregate Outstanding Principal Amount thereof is reduced to zero. In such event, no payments will be due by the Issuer to the Noteholders in respect of principal or interest under the Notes and the date of such redemption shall be the date on which the Outstanding Principal Amount of all the Notes is reduced to zero.Additional Early Redemption: (G) If the Swap Counterparty elects toterminate the Default Swap in whole on an Additional Optional Early Termination Date (as defined in sub-paragraph 20(B) below), the Issuer will redeem each Note on such Additional Optional Early Termination Date (such Additional Optional Early Termination Date, the “Additional Early Redemption Date”) in whole by giving not less than five Relevant Business Days’ irrevocable notice (in accordance with Condition 16, as amended by Schedule 2 hereto) to the Noteholders, the Trustee, the Agents and the Irish Stock Exchange Limited (the “Irish Stock Exchange”) (for so long as the Notes are listed on the Irish Stock Exchange (but so that any requirementunder Clause 4.1(G) of the General Trust Terms for Structured ...
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Rating Downgrade Redemption Amount means, in respect of each Note, the Outstanding Nominal Amount of each Note provided that if the Realisation Amount in respect of each Note, as defined below, is less than the Outstanding Nominal Amount of each Note then the Rating Downgrade Redemption Amount shall be the Realisation Amount and any shortfall shall be borne by the Noteholder and the Issuer shall have no obligation to pay any additional amount. The “Realisation Amount” means an amount calculated by the Calculation Agent in accordance with the formula set out in paragraph 23(B) provided that any amount equal to the Default Swap Termination Payment and Total Return Swap Termination Payment due from the Issuer to the Swap Counterparty determined in accordance with paragraphs B(i) and (ii) of such formula and paragraph (B)(iii) shall not apply in calculating the Realisation Amount. In no event shall the Rating Downgrade Redemption Amount exceed the Outstanding Nominal Amount of the Notes.
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Rating Downgrade Redemption Amount means the Outstanding Principal Amount of each Note immediately prior to redemption of the Notes pursuant to Condition8.8 and this sub-paragraph 13(D). For the avoidance ofdoubt, if the Noteholder Put Date, or, as the case may be, the Automatic Put Date is postponed in accordance with the next following paragraph of this sub-paragraph 13(D), the Outstanding Principal Amount of each Note will be reduced in accordance with sub-paragraph 13(B)(2)(iv) to reflect any Nominal Amount Reduction occurring during such period of postponement. If on the Noteholder Put Date or, as the case may be, the Automatic Put Date, the Conditions to Settlement have been satisfied with respect to one or more Undetermined Reference Entities but the related Loss Determination Amount has not been determined, the Noteholder Put Date or, as the case may be, the Automatic Put Date shall be postponed to the fifth Business Day following the date on which the Final Price in relation to each such Undertermined Reference Entity has been determined. (E) Conditions 8.7, 8.9 and 8.11 shall not apply to the Notes. Deferral of Principal Amount: (F) If on the Original Maturity Date, the Conditions toSettlement (as defined in the Default Swap Agreement) have been satisfied with respect to one or more Undetermined Reference Entities (as so defined) but the related Loss Determination Amount (as defined in the Default Swap Agreement) has not then been determined:
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More Definitions of Rating Downgrade Redemption Amount

Rating Downgrade Redemption Amount means the Outstanding Principal Amount of each Note immediately prior to redemption of the Notes pursuant to Condition
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Rating Downgrade Redemption Amount means the Outstanding Principal Amount of each Note immediately prior to redemption of the Notes pursuant to Condition8.8 and this sub-paragraph 13(D). For the avoidance of doubt, if the Noteholder Put Date is postponed in accordance with the next following paragraph of this sub-paragraph 13(D), the Outstanding Principal Amount of each Note will be reduced in accordance with sub- paragraph 13(B)(2)(iv) to reflect any Nominal Amount Reduction occurring during such period of postponement. If on the Noteholder Put Date the Conditions to Settlement have been satisfied with respect to one or more Undetermined Reference Entities but the related Loss Determination Amount has not been determined, the Noteholder Put Date shall be postponed to the fifth Business Day following the date on which the Final Price in relation to each such Undetermined Reference Entity has been determined. (E) Conditions 8.7, 8.9 and 8.11 shall not apply to the Notes. (F) In this paragraph 13 and in the other provisions of these Terms, the following terms have the following meanings:
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Related to Rating Downgrade Redemption Amount

  • 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.

  • 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;

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • 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.

  • Early Redemption Amount (k) means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • 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.

  • Make-Whole Redemption Amount means the sum of:

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

  • Optional Redemption Amount (Put) 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;

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Optional Redemption Amount (Call) 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;

  • Automatic Early Redemption Event means that:

  • 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.

  • Early Redemption Amount (Tax) 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;

  • Final Redemption Value means the Underlying Reference Value.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

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

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

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

  • Early Redemption Level (k) means the Early Redemption Factor (k) x R (initial).

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.