Unwind Value definition
Unwind Value means the result of the following formula: Aggregate Nominal Amount minus Redemption Costs.
Unwind Value means an amount in USD, subject to a minimum of zero and a maximum of the outstanding principal amount of the Notes, equal to the Collateral Value plus the Close-out Amount of the Swap Agreement, each as determined by the Calculation Agent in its sole and absolute discretion under the Swap Agreement on or before the fifth Relevant Business Day falling after the Early Redemption Event Determination Date, provided that if the Company or the Counterparty has a Credit Support Balance (as defined in the CSA and as determined by the Calculation Agent in its sole and absolute discretion), unless the Calculation Agent determines in its sole and absolute discretion that all of the Posted Securities or Credit Support Assets (as the case may be) constituting such Credit Support Balance will not be returned on or before such fifth Relevant Business Day, the Calculation Agent shall choose a Relevant Business Day falling after the return of all Posted Securities or Credit Support Assets (as the case may be) constituting such Credit Support Balance pursuant to the CSA. For the avoidance of doubt, for the purpose of the calculations of the Unwind Value, the Close-out Amount shall be positive if it is an amount payable by the Counterparty to the Company, and shall be negative if it is an amount payable by the Company to the Counterparty;
Unwind Value means (i) the realised monies following a Liquidation of an amount of the Original Collateral equal to the Affected Reference Entity Amount in accordance with paragraph 1(a)(iii) and 1(a)(iv) above; minus
More Definitions of Unwind Value
Unwind Value means in respect of the Reference Item (a) the Unwind Price divided by (ii) the RI Initial Value (expressed as a percentage)
Unwind Value means on any day, in respect of the Notes, an amount calculated by the Calculation Agent in its sole discretion equal to the sum of the Payment Currency Equivalent of the value of each of the Underlying Components of the Notes on such day, determined by the Calculation Agent in its sole discretion, acting in good faith and a commercially reasonable manner, which may be either positive or negative minus any Trigger Unwind Costs (as defined above).
Unwind Value means the Collateral Value plus or minus, as the case may be, the Close-out Amount of the Swap Agreement, as determined by the Calculation Agent under the Swap Agreement. If the Close- out Amount would otherwise have been owed by the Counterparty, then the Unwind Value shall be the Collateral Value plus the Close-out Amount, and if the Close-out Amount would otherwise have been owed to the Counterparty, then the Unwind Value shall be the Collateral Value minus the Close-out Amount.
Unwind Value means on any day, in respect of each Note, an amount calculated by the Calculation Agent in its sole discretion equal to the sum of the value of the Settlement Currency Equivalents of each of the Underlying Components (as defined below) of the Notes on such day, determined by the Calculation Agent in its sole discretion, acting in a commercially reasonable manner, which may be either positive or negative minus any Trigger Unwind Costs (as defined above) multiplied by a fraction equal to the Specified Denomination of such Note divided by the Calculation Amount