Examples of Relevant Currency in a sentence
The ETP Securities may be issued in bearer form (including in new global note form ("NGN") and in classic global note form ("CGN") and serially numbered ("Bearer Securities", which expression includes ETP Securities which are specified to be Exchangeable Bearer Securities), in registered form ("Registered Securities"), in bearer form exchangeable for Registered Securities ("Exchangeable Bearer Securities"), in each case in the Denomination(s) and Relevant Currency specified in the Final Terms.
The amount of interest payable per Calculation Amount in respect of any Floating Rate Note, Variable Rate Note or (where applicable) Hybrid Note shall be calculated by multiplying the product of the Rate of Interest and the Calculation Amount, by the Day Count Fraction shown on the Note and rounding the resultant figure to the nearest sub-unit of the Relevant Currency.
If the amount in the Relevant Currency that may be so purchased for any reason falls short of the amount originally due, the Company making such payment will pay such additional amounts, in the Relevant Currency, as may be necessary to compensate for the shortfall.
The amount of distribution payable per Calculation Amount in respect of any Floating Rate Perpetual Security shall be calculated by multiplying the product of the Rate of Distribution and the Calculation Amount, by the Day Count Fraction shown on the Perpetual Security and rounding the resultant figure to the nearest sub-unit of the Relevant Currency.
Upon issue of Short and Leveraged Equity Securities, an Authorised Participant must deliver an amount of cash in the Relevant Currency to the Equity Contract Counterparty equal to the Price of the Short and Leveraged Equity Securities to be issued together with any applicable Application Cost in respect of them in exchange for which the Issuer issues the Short and Leveraged Equity Securities and delivers them to the Authorised Participant via CREST.