Cash Settlement Entitlement definition

Cash Settlement Entitlement means, in respect of each Note and subject to a minimum Cash Settlement Entitlement of zero, a pro rata share of (i) the net realised proceeds of the sale of the Collateral (converted, where necessary, into the currency in which the Notes are denominated at the then prevailing exchange rate) or, to the extent the Collateral has been redeemed in full, the proceeds of redemption of the Collateral, minus (ii) the Cash Settlement Amount, plus (where the same is due from the Swap Counterparty to the Issuer) or, as the case may be, minus (where the same is due from the Issuer to the Swap Counterparty) (iii) the early termination payment due from or payable to the Swap Counterparty under the Interest Rate Swap calculated in accordance with Section 6(e) of the ISDA Master Agreement, minus (iv) the Unwind Costs, calculated by reference to the aggregate number of Notes held by the relevant Noteholder divided by the number of Notes outstanding, rounded down to the nearest USD 0.01. Notes held by a Noteholder shall be aggregated for the purposes of determining the aggregate Cash Settlement Entitlement of that Noteholder.
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Cash Settlement Entitlement means, in respect of each Note outstanding, a pro rata share of
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Cash Settlement Entitlement means, in respect of each Note, a pro rata share of (i) the net realised proceeds from the sale of, or (as the case may be) the redemption proceeds of, the Collateral (if any) effected by the Disposal Agent on behalf of the Issuer, less (ii) the Cash Settlement Amount, calculated by reference to the aggregate number of Notes held by the relevant Noteholder divided by the number of Notes outstanding, rounded down to the nearest USD. Notes held by a Noteholder shall be aggregated for the purposes of determining the aggregate Cash Settlement Entitlement of that Noteholder.
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Examples of Cash Settlement Entitlement in a sentence

  • Noteholders should note that in the event that the Notes are redeemed pursuant to this paragraph 38(g), the market value of any Physical Settlement Entitlement or Cash Settlement Entitlement may be less than the outstanding principal amount of the Notes and may be zero.

  • Noteholders should note that in the event that the Notes are redeemed pursuant to this paragraph 38(g), the market value of any Physical Settlement Entitlement or Cash Settlement Entitlement may be less than the outstanding principal amount of the Notes and may be zero.Early Redemption AmountNoteholders may receive different distributions and/or payments as a result of roundings effected by the Calculation Agent.

  • Notes held by a Noteholder shall be aggregated for the purposes of determining the aggregate Cash Settlement Entitlement of that Noteholder.

  • Redemption Amount payable upon the acceleration of the Notes following the occurrence of an Event of Default pursuant to Condition 11:delivery of the Physical Settlement Entitlement or payment of the Cash Settlement Entitlement, as the case may be, determined with respect to such Allocated Principal Amount on the Physical Settlement Date or the day falling two Business Days after the relevant Settlement Date, as the case may be.

  • Redemption Amount payable upon the acceleration of the Notes following the occurrence of an Event of Default pursuant to Condition 11: market value of any Physical Settlement Entitlement or Cash Settlement Entitlement may be less than the outstanding principal amount of the Notes and may be zero.Early Redemption AmountNoteholders may receive different distributions and/or payments as a result of roundings effected by the Calculation Agent.

  • Following a partial redemption pursuant to this paragraph 38(g), the Calculation Agent may make such modifications to the Conditions as it considers necessary in its sole discretion to preserve the economic effects of the continuing notes.Noteholders should note that in the event that the Notes are redeemed pursuant to this paragraph 38(g), the market value of any Physical Settlement Entitlement or Cash Settlement Entitlement may be less than the outstanding principal amount of the Notes and may be zero.

  • Alternative Cash SettlementIf Alternative Cash Settlement applies under the CreditDefault Swap, subject to the paragraphs below with regard to (i) a specified Exercise Amount which is less than the outstanding principal amount of the Notes; and (ii) Multiple Successors, each Note will redeem at the Cash Settlement Entitlement on the date falling two Business Days after theSettlement Date.

Related to Cash Settlement Entitlement

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Individual Settlement Payment means the amount payable from the Net

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Mandatory Settlement Date means the earliest of:

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Net Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Physical Settlement Date means the date specified as such in any Physical Settlement Notice, which shall be not earlier than 10 nor later than 20 Business Days after the date on which the Physical Settlement Notice is given.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Early Settlement has the meaning specified in Section 5.9(a).

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where: