Upfront Redemption Fee definition

Upfront Redemption Fee means an amount of EUR 50.00 (EUR fifty) which the Issuer may charge at its sole and absolute discretion for the exercise of a Put Option by a Bondholder who is not an Authorised Participant, and where the Put Option is exercised in relation to a number of Bonds which, if multiplied by the Cryptocurrency Entitlement and then multiplied by the Reference Price, in each case as of the date on which the Issuer receives the Put Option Exercise Form, have a value of less than USD 250,000.00 (USD two hundred fifty thousand); The Upfront Redemption Fee may be lowered by the Issuer at any time and the Issuer shall notify the Bondholders thereof in accordance with § 18;
Upfront Redemption Fee means an amount of USD 2,500.00 (USD two thousand five hundred) which the Issuer may charge at its sole and absolute discretion for the exercise of a Put Option by a Bondholder who is not an Authorised Participant, and where the Put Option is exercised in relation to a number of Bonds which, if multiplied by the Cryptocurrency Entitlement and then multiplied by the Reference Price, in each case as of the date on which the Issuer receives the Put Option Exercise Form, have a value of less than USD 250,000.00 (USD two hundred fifty thousand);
Upfront Redemption Fee means no higher than 50.00 Euros, which the Issuer may charge at its reasonable discretion and in accordance with general market practice for the exercise of a Voluntary Redemption by a Bondholder who is not an Authorised Participant;

Examples of Upfront Redemption Fee in a sentence

  • However, no such Upfront Redemption Fee applies if no Authorised Participants are appointed by the Issuer but may apply where an Authorised Participants has been appointed by the Issuer but the Bondholder does not qualify in accordance with client acceptance policies of such Authorised Participant.

  • In addition, the Issuer may charge at its sole and absolute discretion an Upfront Redemption Fee.

  • If a Bondholder exercises his Put Option vis-á-vis the Issuer or vis-á-vis an Authorised Participant an exercise fee in addition to the Upfront Redemption Fee (where applicable) in an amount equal to 1.00 percent of the Cryptocurrency Entitlement for each Bond in relation to which the Put Option is exercised will be charged (the "Exercise Fee").

  • In order to terminate his Bonds, the Bondholder needs to (i) submit the put option exercise form, (ii) pay an upfront redemption fee in an amount of EUR 50.00(which is subject to certain exemptions) (the "Upfront Redemption Fee") and (iii) transfer the Bonds, in relation to which the Put Option (as defined below) is exercised, to the Issuance Account free of payment.

  • In order to terminate hisBonds, the Bondholder needs to (i) submit the put option exercise form, (ii) pay an upfront redemption fee in an amount of EUR 50.00(which is subject to certain exemptions) (the "Upfront Redemption Fee") and (iii) transfer the Bonds, in relation to which the Put Option (as defined below) is exercised, to the Issuance Account free of payment.

  • In addition, the Issuer may charge at its sole and absolute discretion an upfront redemption fee corresponding to a maximum amount to be specified in the relevant Final Terms (the "Upfront Redemption Fee").

  • In order to terminate his Bonds, the Bondholder needs to (i) submit the put option exercise form, (ii) pay an upfront redemption fee in an amount of EUR 50.00 (which is subject to certain exemptions) (the "Upfront Redemption Fee") and (iii) transfer the Bonds, in relation to which the Put Option (as defined below) is exercised, to the Issuance Account free of payment.

  • Annual Programme: yearly sampling and testing programme performed on Centrally Authorised Products selected each year using a risk-based approach.

  • No Upfront Redemption Fee will apply to redemption through an Authorised Participant.

  • Once the Issuer has received and processed your (i) documentation, (ii) Upfront Redemption Fee and (iii) Securities to be redeemed, the Issuer will notify the Bondholder via email that the process for the BTC Auction Procedure or Cryptocurrency Auction Procedure, as applicable, has been initiated.


More Definitions of Upfront Redemption Fee

Upfront Redemption Fee means an amount of EUR [Ɣ] (EUR [insert amount in words]) which the Issuer may charge at its sole and absolute discretion for the exercise of a Put Option by a Bondholder who is not an Authorised Participant, and where the Put Option is exercised in relation to a number of Bonds which, if multiplied by the Cryptocurrency Entitlement and then multiplied by the Reference Price, in each case as of the date on which the Issuer receives the Put Option Exercise Form, have a value of less than EUR 250,000.00 (EUR two hundred fifty thousand);
Upfront Redemption Fee means an amount of EUR [●] (EUR [insert amount in words]) which the Issuer may charge at its sole and absolute discretion for the exercise of an Exercise Right by a Bondholder who is not an Authorised Participant, and where the Exercise Right is exercised in relation to a number of Bonds which, if multiplied by the Cryptocurrency En- titlement and then multiplied by the Reference Price, in each case as of the date on which the Issuer receives the Exercise Form, have a value of less than EUR [250,000.00][●] (EUR [two hundred fifty thou- sand][●]);

Related to Upfront Redemption Fee

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;