Automatic Early Redemption Event definition

Automatic Early Redemption Event means that:

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Automatic Early Redemption Event means the occurrence of an AER Knock-out. "AER Knock-out" means the occurrence of a Knock-out Event.

Automatic Early Redemption Event means the AER Value is greater than or equal to, the Automatic Early Redemption Trigger.

Examples of Automatic Early Redemption Event in a sentence

• An Automatic Early Redemption Event shall mean that the Reference Level is equal to or higher than the Trigger Level, which will be specified in the applicable Final Terms.

• For the avoidance of doubt, in the event of an Automatic Early Redemption Event pursuant to clause (iv) of the definition thereof (solely if such event occurs with respect to the Corporation), the amount due to the Holders pursuant to this Section 10(c) shall be the Aggregate Series B Liquidation Preference, solely to the extent that any such amounts remain legally available for distribution following payment of any liquidation preferences otherwise payable to holders of any Senior Stock.

• An Automatic Early Redemption Event shall mean that the Reference Level is equal to or higher than [insert level], the Trigger Level.

• It is understood and agreed that, in the event of an Automatic Early Redemption Event pursuant to clause (iv) of the definition thereof (solely if such event occurs with respect to the Corporation), the Aggregate Series B Liquidation Preference shall be deemed not to include any unmatured interest prohibited by section 502(b)(2) of the Bankruptcy Code.

• If an Automatic Early Redemption Event occurs, each Note will be redeemed at [insert Specified Denomination in Specified Currency] on the Interest Payment Date immediately following the occurrence of such Automatic Early Redemption Event, unless the Automat- ic Early Redemption Event occurred during the last Fixed Interest Period, in which case Automatic Early Redemption does not take effect and the Note will be redeemed at [insert Maturity Date], the scheduled Maturity Date.

More Definitions of Automatic Early Redemption Event

Automatic Early Redemption Event means (unless otherwise specified in the relevant Pricing Supplement) that the price of the relevant Security or, as the case may be, the level of the Index, in either case as determined by the Calculation Agent as of the (or any) Valuation Date is, as specified in the relevant Pricing Supplement,

Automatic Early Redemption Event means that on an Automatic Early Re- demption Observation Date the Official Closing Level of the Share is greater than or equal to the Automatic Early Re- demption Level.

Automatic Early Redemption Event means (unless otherwise specified in the applicable Pricing Supplement) that the Index Level is, as specified in the applicable Pricing Supplement, (i) “greater than”, (ii) “greater than or equal to”, (iii) “less than” or (iv) “less than or equal to” the Automatic Early Redemption Level.

Automatic Early Redemption Event means (i) in case of a single Index that the level of the Index determined by the Calculation Agent as of the Valuation Time on any Automatic Early Redemption Valuation Date is, and (ii) in the case of a basket of Indices, the amount determined by the Calculation Agent equal to the sum of the values of each Index of each Index as the product of (x) the level of such Index as determined by the Calculation Agent as of the Valuation Time on any Automatic Early Redemption Valuation Date and (y) the relevant Weighting is, (i) “greater than”, (ii) “greater than or equal to”, (iii) “less than” or (iv) “less than or equal to” the Automatic Early Redemption Level as specified in the Final Terms.

Automatic Early Redemption Event means the occurrence of an AER Knock-out.

Automatic Early Redemption Event means any of the following events: (i) a Change of Control occurs, (ii) the Corporation or the Board of Directors asserts in writing that any portion of the Series B or any of the Corporation’s obligations under this Certificate of Designations is invalid or unenforceable, (iii) the indebtedness under the Credit Agreement is accelerated (and such acceleration is not rescinded prior to the Automatic Early Redemption Date), or (iv) the Corporation or any of its material Subsidiaries (defined for this purpose as any “significant subsidiary” as defined in Rule 1-02(w) of Regulation S-X) files for bankruptcy, reorganization, receivership, liquidation or similar proceedings affecting creditors’ or equity holders’ rights.

Automatic Early Redemption Event means, in relation to an Automatic Early Redemption Valuation Date, the Share Performance for each Share on such Automatic Early Redemption Valuation Date is greater than or equal to the Automatic Early Redemption Level;