Redemption Rate definition

Redemption Rate means the average of the four quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Security (as specified in the relevant Final Terms) on the fourth business day preceding the Optional Redemption Date at 11.00 a.m. (Central European time (CET)).

Redemption Rate means (unless otherwise specified in the Final Terms) the average (rounded to the nearest whole multiple of 0.001%, with 0.0005% being rounded upwards) of such number of quotations as are available from the Reference Dealers (or, if only one such quotation is available, such quotation) of the mid-market annual yield to maturity of the Reference Security (as specified in the relevant Final Terms) (or, if the Reference Security is no longer outstanding, the Similar Security) on the fourth business day preceding the Optional Redemption Date at 11:00 a.m. (Paris time)), all as determined by the Make-Whole Call Calculation Agent.

Redemption Rate means MIN (101%; 100% x Exp (T x 0.74720148386%)), rounded down to the 9th decimal.

Examples of Redemption Rate in a sentence

• Automatic Early Redemption Rate: 100 % if all Shares close at or above 100 % of the Share Initial on each Automatic Early Redemption Valuation Date.

• Notwithstanding the foregoing, if the Company fails to pay the applicable Mandatory Redemption Price within such thirty (30) days time period due to a dispute as to the determination of the arithmetic calculation of the Redemption Rate, such dispute shall be resolved pursuant to Section 5(b)(iii) above with the term "Redemption Price" being substituted for the term "Conversion Price".

• Relevant EIB Redemption Rate means the Gross Redemption Yield (determined by reference to the middle market price) of the Relevant EIB Bonds.

• The "Redemption Rate" shall, as of any date of determination, be equal to (i) the Conversion Rate in effect as of such date as calculated pursuant to Section 2(b) multiplied by (ii) the Closing Bid Price of the Common Stock on such date.

• Early Redemption Rate means the average of the four (4) quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Benchmark Security on the fourth (4th) business day in Paris preceding the Optional Make Whole Redemption Date at 11.00 a.m. (Central European time (CET)).

More Definitions of Redemption Rate

Redemption Rate means MIN (101 per cent.; 100 per cent. x Exp (T x 0.7472014839 per cent.), rounded down to the 9th decimal.

Redemption Rate means (i) the average of the four quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Security on the fourth Business Day preceding the Make-Whole Redemption Date at11.00 a.m. (Central European time (CET)) (“Reference Dealer Quotation”), or (ii) the Reference Screen Rate, as specified in the relevant Final Terms.

Redemption Rate means the average of the four quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Security on the fourth (4 th ) Business Day preceding the Optional Redemption Date at 11.00 a.m. (Central European time (CET)). If the Reference Security is no longer outstanding, a Similar Security will be chosen by the Calculation Agent at 11.00 a.m. (Central European time (CET)) on the third (3rd) Business Day preceding the Optional Redemption Date, quoted in writing by the Calculation Agent to the Issuer and notified in accordance with Condition 12.

Redemption Rate means MIN (101%; Re-offer Price in % x Exp (T x 0.74720148386%)), rounded down to the ninth decimal.

Redemption Rate means the number of offers redeemed divided by the total number of transaction offers presented.

Redemption Rate means MIN (101%; Re-offer Price in % x Exp (T x 0.74720148386%)), rounded down to the ninth decimal, whereby “Re-offer Price” means 100%, “T” means the time, expressed in decimals of a year, elapsed from (and including) the Issue Date until (and including) the relevant redemption date. For the avoidance of any doubt, “Exp” means the exponential function meaning the function ex, where e (Euler’s number) is the number (approximately 2.718) such that the function ex equals its own derivative.

Redemption Rate means MIN (101%; Exp ( T x 0.7472014775% )), rounded down to the 9th decimal.