Examples of Secured Obligations Amount in a sentence
The Issuer will procure that at any given time it holds such amount of the underlying Cryptocurrency or units of the underlying Cryptocurrencies comprising the Basket on the Depositary Wallet which is equal to or exceeds the Secured Obligations Amount.
The Issuer shall at any given time procure that it holds such amount of the Cryptocurrency equal to or exceeding the Secured Obligations Amount on the Depositary Wallet held with the Depositary (the "Deposited Cryptocurrency").
The Issuer will procure that at any given time it holds such amount of the underlying Cryptocurrencies on the Depositary Wallet which is equal to or exceeds the Secured Obligations Amount, however, (i) taking into account any possible temporary shortfall reasonably required due to the execution of any of the Eligible Rebalance Procedures and (ii) subject to an adjustment following the occurrence of a Collateral Shortfall Event (as described below under 13.3.1 "Security over Depositary Wallet").
The Secured Obligations Amount shall not exceed the Collateral Value Amount.
The number of Rights evidenced by this Right Certificate (and the number of one one-thousandth of a share of Junior Preferred Stock which may be purchased upon exercise hereof) set forth above, and the Purchase Price set forth above, are the number and Purchase Price as of May 28, 2013, based on the Junior Preferred Stock as constituted at such date.