Examples of Treasury Transactions in a sentence
Each Borrower undertakes (and the Security Parent shall procure in relation to each Borrower) that it shall procure that each Borrower and the Issuer shall at all times with effect on or about the Initial Issue Date maintain compliance with the Hedging Policy and only enter into Treasury Transactions in accordance with the Hedging Policy.
The occurrence of a Trigger Event referred to in paragraph 9 (Inflation-Linked Hedging Agreements) of Part 1 (Trigger Events) of this Schedule 3 will be remedied if, on any subsequent date, the aggregate amount of all accretions by indexation to the original notional amounts of any inflation-linked Treasury Transactions no longer exceeds 8 per cent.
As at the most recently occurring Calculation Date, the aggregate amount of all accretions by indexation to the notional amount of any inflation-linked Treasury Transactions exceeds 8 per cent of Senior Net Indebtedness.
For the purposes of the Conditions the Bank and the Client agree that the provision on the calculation of the Final Settlement Amount represents in respect of Treasury Transaction(s), where a special agreement on close-out netting does not set out otherwise, an agreement on close-out netting pursuant to applicable Legal Regulations governing conduct of business at capital markets.
The Bank shall inform the Client of a termination of any Treasury Transaction(s) thereafter.