Related Instrument definition

Related Instrument means an inflation-linked bond selected by the Calculation Agent that is a debt obligation of one of the governments (but not any government agency) of France, Italy, Germany or Spain and which pays a coupon or redemption amount which is calculated by reference to the level of inflation in the European Monetary Union with a maturity date which falls on (a) the same day as the Maturity Date, (b) the next longest maturity date after the Maturity Date if there is no such bond maturing on the Maturity Date, or (c) the next shortest maturity before the Maturity Date if no bond defined in (a) or (b) is selected by the Calculation Agent. The Calculation Agent will select the Related Instrument from such of those inflation-linked bonds issued on or before the relevant Issue Date and, if there is more than one such inflation-linked bond maturing on the same date, the Related Instrument shall be selected by the Calculation Agent from such of those bonds. If the Related Instrument is redeemed the Calculation Agent will select a new Related Instrument on the same basis, but selected from all eligible bonds in issue at the time the originally selected Related Instrument is redeemed (including any bond for which the redeemed originally selected Related Instrument is exchanged).

Related Instrument means an inflation-linked bond selected by the Calculation Agent that is a debt obligation of one of the governments (but not any government agency) of France, Italy, Germany or Spain and which pays a coupon or redemption amount which is calculated by reference to the level of inflation in the European Monetary Union with a maturity date which falls on (a) the same day as the Maturity Date, (b) the next longest maturity date after the Maturity Date if there is no such bond maturing on the Maturity Date, or

Related Instrument means an inflation-linked note selected by the Agent Bank (or the Calculation Agent, if applicable) that is a debt obligation of one of the governments (but not any government agency) of France, Italy, Germany or Spain and which pays a coupon or redemption amount which is calculated by reference to the level of inflation in the European Monetary Union with a maturity date which falls on (A) the same day as the Maturity Date, (B) the next longest maturity date after the Maturity Date if there is no such note maturing on the Maturity Date, or (C) the next shortest maturity before the Maturity Date if no note defined in (A) or (B) is selected by the Agent Bank (or the Calculation Agent, if applicable). The Agent Bank (or the Calculation Agent, if applicable) will select the Related Instrument from such of those inflation linked notes issued on or before the relevant Issue Date and, if there is more than one such inflation-linked note maturing on the same date, the Related Instrument shall be selected by the Agent Bank (or the Calculation Agent, if applicable) from such of those inflation linked notes. If the Related Instrument is redeemed the Agent Bank (or the Calculation Agent, if applicable) will select a new Related Instrument on the same basis, but selected from all eligible notes in issue at the time the originally selected Related Instrument is redeemed (including any note for which the redeemed originally selected Related Instrument is exchanged).

Examples of Related Instrument in a sentence

• Material Modification Prior to Interest Payment Date: If, on or prior to the day that is five Business Days before an Interest Payment Date, Eurostat announces that it will make a material change to the Index then the Calculation Agent shall make any such adjustments to the Index consistent with adjustments made to the Related Instrument.

• The German experience clearly shows how education can influence the structure of a specialty.

• A Market Maker on the Exchange will not use any material nonpublic information in connection with trading a Related Instrument.

• In addition to the existing obligations under Exchange rules regarding the production of books and records, a Market Maker on the Exchange will, upon request by the Exchange, make available to the Exchange any books, records, or other information pertaining to any Related Instrument Trading Account or to the account of any registered or non-registered employee affiliated with the Market Maker on the Exchange for which Related Instruments are traded.

• Contracting Parties which are not parties to the GATT or a Related Instrument shall make their notifications to the Secretariat.

• A Market Maker on the Exchange may not have an interest in, exercise investment discretion over, or share in the profits and/or losses of a Related Instrument Trading Account that has not been reported to the Exchange as required by this Rule 14.350.

• Equity and Equity Related Instrument as may be permitted by SEBI/RBI from time to time.

• Foreign equity and Equity Related Instrument as may be permitted by SEBI/RBI from time to time.

• It includes convertible bonds, convertible debentures, equity warrants, convertible preference shares, etc.3. Foreign Equity and Equity Related Instrument as may be permitted by SEBI/RBI from time to time.4. Equity Derivatives are financial instruments, generally traded on an exchange, the price of which is directly dependent upon (i.e., “derived from”) the value of equity shares or equity indices.

• New Delhi: Tata McGraw- Hill Publishing Company Limited 2006, or later edition3.

More Definitions of Related Instrument

Related Instrument means an inflation-linked bond selected by the Calculation Agent as specified in the relevant Final Terms.