Unwind Amount definition

Unwind Amount means an amount determined by the Calculation Agent in good faith and in a commercially reasonable manner (having regard to, inter alia, the Counterparty’s proprietary models) as being the sum of the following: (1) any cost or expense reasonably incurred (or likely to be incurred) in connection with the realisation of the Collateral, as determined by the Calculation Agent in its sole discretion, plus (2) the amount (if any) payable by the Company to the Counterparty upon the termination of the Swap Agreement, minus (3) the amount (if any) payable by the Counterparty to the Company upon the termination of the Swap Agreement, minus (4) an amount (if any) equal to the increase of the value of the Collateral since the Issue Date as determined by the Liquidation Agent in its sole discretion, plus (5) an amount (if any) equal to the decrease of the value of the Collateral since the Issue Date as determined by the Calculation Agent in its sole discretion.

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Unwind Amount means, an amount determined by the Calculation Agent in its sole and absolute discretion as the loss incurred by the Counterparty from the redemption of the Notes, such amount comprising:

Unwind Amount means an amount in cash or Collateral Assets (as determined by the Calculation Agent in a commercially reasonable manner), with a market value equal to an amount, as determined by the Calculation Agent, equal to the sum of (without duplication) all costs, expenses (including loss of funding), tax and duties incurred and reasonably documented (as determined by the Calculation Agent in a commercially reasonable manner) by the Issuer, the Note Trustee, the Security Trustee and/or the Counterparty (as applicable) in connection with such early redemption, and/or the related termination, settlement or re- establishment of any hedge and/or financing agreements and/or related trading position, including:

Examples of Unwind Amount in a sentence

• The exercise of a partial unwind of the Underlying Securities by a Certificateholder in accordance with Section 7 of the Series Supplement, in which case, (1) a portion of the Notional Amount of the Transactions equal to the related Partial Unwind Amount shall be terminated and (2) the Early Termination Date with respect to such portion of the Notional Amount of the Transactions shall be the related Partial Unwind Date.

• Each Lender agrees to share the terms of its Interest Rate Hedge with the Calculation Agent in order to enable the Calculation Agent to determine the applicable Interest Rate Hedge Unwind Amount, and the Calculation Agent agrees to make such determination in connection with any prepayment of the Loans as soon as practicable after receiving notice of such prepayment.

• Each of Dealer and Counterparty represents and acknowledges to the other that, following payment by Counterparty to Dealer of the Unwind Amount (or delivery of Shares with a value equal thereto or delivery of the Capped Number of Shares, as the case may be) in accordance with clause (ii) of the second immediately preceding sentence, upon an Early Unwind, all obligations with respect to the Transaction shall be deemed fully and finally discharged.

• The Unwind Resale Period shall continue to enable the sale of the Make-whole Unwind Shares and this provision shall be applied successively until the Additional Unwind Amount is equal to zero.

• If the Average VWAP Price is not specified on the grid above, the Net Underlying Share Unwind Amount shall be determined based on a straight-line interpolation between the Average VWAP Prices or extrapolation from the Average VWAP Prices (as the case may be) specified on the grid above.

More Definitions of Unwind Amount

Unwind Amount means an amount, as determined by the Calculation Agent in its absolute discretion, equal to:

Unwind Amount means an amount in JPY equal to the aggregate of:

Unwind Amount means the amount, if any, specified hereon or, if “Standard Unwind Amount” are specified hereon, an amount determined by the Calculation Agent equal to the sum of (without duplication) all gains made by the Issuer and/or any of its Affiliates and/or agents (expressed as negative numbers) and all costs, fees, charges, expenses (including, without limitation, loss of funding and break funding charges and fees), tax and duties incurred by the Issuer and/or any of its Affiliates and/or agents in connection with the redemption of the Notes and the related termination, settlement or (expressed as positive numbers) re- establishment of any hedge or related trading position, such amount to be apportioned pro rata amongst each nominal amount of Notes equal to the lowest Specified Denomination set out hereon.

Unwind Amount means the costs and expenses incurred by Nomura (if any) in connection with the realisation of the Collateral plus the termination amount of this Transaction (without duplication of any costs and expenses which are netted from the payment under paragraph 6(b)(i) above) (expressed as a positive amount in the case where such termination amount is due from Aphex to Nomura; or expressed as a negative amount in the case where such termination amount is due from Nomura to Aphex) calculated in accordance with Section 6(e) of the Agreement.

Unwind Amount means an amount, which may be negative, that the Bank determines to be its and its affiliates total out-of-pocket losses and costs (or gain, in which case expressed as a negative number) in connection with terminating or liquidating the position hedging its exposure to the ownership of the JPMorgan Options (which, for the avoidance of doubt, shall be the total out-of-pocket losses and costs (or gain, in which case expressed as a negative number) in connection with the Bank terminating or liquidating its “rho” or interest rate hedge and unwinding its initial “delta” or stock price hedge).

Unwind Amount means an amount determined by the Calculation Agent in its sole and absolute discretion equal to the sum of (without duplication):

Unwind Amount means an amount, as determined by the Calculation Agent in its sole and absolute discretion, in cash equal to an amount as determined by the Calculation Agent equal to the sum of (without duplication) all costs (including funding costs on the settlement of any hedge position from the Early Redemption Date or Event Determination Date, as applicable to the Scheduled Maturity Date), expenses (including loss of funding), tax and duties incurred or (in the sole discretion of the Calculation Agent) likely to be incurred by the Issuer or the Counterparty (as applicable) in connection with such early redemption or Credit Event, and/or the