Examples of Writedown Reimbursement in a sentence
Parties may wish to note that the Reference Price in this form is used to adjust pro-rata any Physical Settlement Amount, Writedown Amount, Writedown Reimbursement Amount, Principal Shortfall Amount or Principal Shortfall Reimbursement Amount.
With respect to each Specified Denomination, the Relevant Proportion of the sum of (i) the Adjusted Coupon Aggregate Nominal Amount and (ii) the Writedown Reimbursement Compensation Payment (as defined in the Default Swap).
For the avoidance of doubt, the aforementioned excess will be determined, for each Long Synthetic, taking into account the event that led to the payment of the related Writedown Reimbursement Amount.
Additional Fixed Payment Event: The occurrence on or after the Effective Date and on or before the day that is one calendar year after the Effective Maturity Date of a Writedown Reimbursement, a Principal Shortfall Reimbursement or an Interest Shortfall Reimbursement.
Additional Fixed Payment Event:The occurrence on or after the Annex Date and on or before the day that is one calendar year after the Effective Maturity Date of a Writedown Reimbursement, a Principal Shortfall Reimbursement or an Interest Shortfall Reimbursement in respect of a Reference Obligation.
For the avoidance of doubt, any references to Aggregate Implied Writedown Amount, Current Period Implied Writedown Amount, Implied Writedown Amount, Implied Writedown Percentage, Implied Writedown Reimbursement Amount and Previous Period Implied Writedown Amount should be disregarded.
Reimbursement Determination Amount: On any day, in respect of each Reference Obligation in relation to which a Reimbursement Determination Date has occurred: (a) if a Principal Shortfall Reimbursement has occurred, an amount equal to the related Principal Shortfall Reimbursement Amount; and (b) if a Writedown Reimbursement has occurred, an amount equal to the related Writedown Reimbursement Amount.
Reimbursement Event: In respect of each Reference Obligation, the occurrence of a Writedown Reimbursement or a Principal Shortfall Reimbursement on or after the Effective Date and on or before the Latest Determination Time.
Additional Fixed Amount: With respect to each Additional Fixed AmountPayment Date in respect of a Reference Obligation, an amount equal to the sum of: (a) the relevant Writedown Reimbursement Payment Amount (if any); (b) the relevant Principal ShortfallReimbursement Payment Amount (if any); and (c) the relevant Interest Shortfall Reimbursement Payment Amount (if any).
Redemption/Payment Basis: Each Note shall be redeemed at the Relevant Proportion of the Maturity Writedown Reimbursement Compensation Payment, the Final Redemption Amount, the Early Redemption Amount, the Relevant Proportion of the Notes Amortisation Amount or the Optional Redemption Amount in respect of each Specified Denomination, as the case may be, as more particularly described in paragraphs 8, 24, 29, 30 and 38 below.