Examples of RBC DS in a sentence
Consequently, we are a related and connected issuer of RBC DS within the meaning of applicable securities legislation.
RBC DS may, from time to time, purchase and sell Notes, but will not be obligated to do so.
If RBC DS determines, in its sole discretion, to stop facilitating a secondary market for the Notes, holders of Notes may not be able to resell their Notes.
Royal Bank's and RBC DS' calculations and determinations in respect of the Notes will, absent manifest error, be final and binding on holders of Notes.
In addition, except in unusual circumstances we or RBC DS, as our Calculation Agent, will be responsible to determine the amount, if any, of the return payable under the Notes, including the amount of any Alternative Variable Return payable after the occurrence of an Extraordinary Event, and may exercise judgment and discretion in relation to the calculations, determinations, functions and activities undertaken in respect of the Notes from time to time.
Potential conflicts of interest – We or our subsidiary, RBC DS (RBC DS is a wholly owned subsidiary of the Royal Bank of Canada), will perform functions or engage in activities that could adversely impact on the value of the Notes, your ability to resell your Notes or the amount or timing of receipt of entitlements under the Notes.
For example, Royal Bank and RBC DS may have dealings with one or more of the entities whose securities comprise the Target Index, which dealings will not take into account the effect, if any, on the level of the Underlying Index or Noteholders' interests generally.
RBC DS intends to publish whether there has been a Digital Payout Event on each Observation Date on its website at www.rbcnotes.com.Autocall Redemption Event: An “Autocall Redemption Event” will occur if the Closing Level on anObservation Date other than the first, second, third and last Observation Dates is greater than or equal to 100.00% of the Initial Index Level (the “Autocall Redemption Level”).
If RBC DS offers to purchase Notes in connection with a secondary market transaction, there is no assurance that the purchase price will be the highest possible price available in any secondary market for the Notes.
RBC DS intends to publish whether there has been a Digital Payout Event on each Observation Date on its website at www.rbcnotes.com.Autocall Redemption Event: An “Autocall Redemption Event” will occur if the Closing Price on an ObservationDate other than the last Observation Date is greater than or equal to the Initial Closing Price (the “Autocall Redemption Price”).