Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):
Reduction Percentage means the percentage by which each participating employee's normal weekly hours of work are reduced under a shared-work plan in accordance with section 28d(2).
Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be the per annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26Investment managementNot applicable - there is no active management of the assets of the Issuer.B.27Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets.B.29Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"): 1. an amount in US dollars determined by the Portfolio Administrator equal to the amount of received by the Issuer in respect of the sale of the relevant amount of the Underlying Precious Metal in respect of such Certificates less all expenses, fees and charges incurred or to be incurred by the Issuer in respect of such redemption, subject to a minimum of US$0.01 (the "Cash Amount"); or, if requested by the Certificateholder and certain conditions being fulfilled, 2. an amount of the Underlying Precious Metal determined by the Portfolio Administrator equal to: 1. the aggregate Per Certificate Entitlement to the Underlying Precious Metal at the relevant Eligible Redemption Valuation Date; less 2. an amount of the Underlying Precious Metal equal in value (as determined by the Portfolio Administrator by reference to prevailing market conditions) to all expenses, fees and charges incurred or to be incurred in connection with such redemption, (the "Delivery Amount").B.30Originators of securitised assetsNot applicable – there are no originators of the Precious MetalsSection C – SecuritiesElementDescription of ElementDisclosure requirementC.1Type and class of securities beingThe Issuer may issue secured exchange traded Precious Metal linked certific...
Examples of Reduction Percentage in a sentence
Other Plan Reduction Percentage 50% COVERAGE AND LIMITATIONS (All limitations are stated per Injury.)Hospital/Facility ServicesInpatient1.
COVERAGE PROVISION APPLICABILITYAny covered Hospital and Professional Services Benefits payable under this provision will be reduced by the Other Plan Reduction Percentage shown under Coverage Provision Applicability if:1.
Other Plan Reduction Percentage 50%COVERAGE AND LIMITATIONS (All limitations are stated per Injury.)Hospital/Facility ServicesInpatient1.
Diversifications: this is where a small company will sell out products to new markets.
Any Covered Expenses payable under this provision will be reduced by the Other Health Care Plan Reduction Percentage shown in the Schedule of Benefits if:1.
More Definitions of Reduction Percentage
Reduction Percentage means, for any Purchaser Interest acquired by the Financial Institutions from Conduit for less than the Capital of such Purchaser Interest, a percentage equal to a fraction the numerator of which is the Conduit Transfer Price Reduction for such Purchaser Interest and the denominator of which is the Capital of such Purchaser Interest.
Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be the per annum rate specified in the Final Terms divided by 365 and applied accordingly.
Reduction Percentage means, for any Receivable Interest acquired by the Investors from Falcon for less than the Capital of such Receivable Interest, a percentage equal to a fraction the numerator of which is the Falcon Transfer Price Reduction for such Receivable Interest and the denominator of which is the Capital of such Receivable Interest.
Reduction Percentage means the percentage by which each participating employee's normal weekly hours of work are reduced under an approved shared work plan.
Reduction Percentage means, for any Receivable Interest acquired by the Investors from FALCON for less than the Capital of such Receivable Interest, a percentage equal to a fraction the numerator of which is the FALCON Transfer Price Reduction for such Receivable Interest and the denominator of which is the Capital of such Receivable Interest.
Reduction Percentage has the meaning set forth in Section 4.3(c).
Reduction Percentage means 20 per cent. x (5 - a); where "a" equals the remaining number of years (and for such purposes any incomplete year shall be treated as one year) for which the relevant Letter of Credit is currently valid.