Examples of Redemption Terms in a sentence
As at the date of this Base Prospectus, the Auction Redemption Terms have not been updated to reflect such Asset Package Delivery provisions.
The Counterparty may, subject to the satisfaction of the Condition to Settlement, but shall not be required to (notwithstanding that the Condition to Settlement may have been satisfied, unless a Credit Event Notice has been given), require the Issuer to redeem the Securities in accordance with the Physical Redemption Terms or the Cash Redemption Terms or the Auction Redemption Terms, as applicable.
The Credit Event Backstop Date shall not be subject to adjustment in accordance with any Business Day Convention.Resolve: Has the meaning given to that term in the Rules (as defined in the Auction Redemption Terms), and “Resolved” and “Resolves” shall be interpreted accordingly.
Physical Redemption Terms: Physical Redemption: If the Condition to Settlement is satisfied and Physical Redemption is specified under Credit Event Redemption (or if Physical Redemption is applicable as the Fallback Redemption Method in accordance with the Auction Redemption Terms), then the Securities may, subject to the Suspension Terms set out below, be redeemed on or prior to the Final Physical Redemption Date by delivery of the Portfolio in the manner described below.
Subscription / Redemption Terms Units may be purchased by investors as described in section "Issue of Units" in the Prospectus.