Category N CBBCs definition

Category N CBBCs means a series of CBBCs where the Call Price is equal to the Strike Price;
Category N CBBCs means a series of CBBCs where the Call Level is equal to the Strike Level;
Category N CBBCs means a series of CBBCs where the Call Price (as defined below) isequal to the Exercise Price (as defined herein).

Examples of Category N CBBCs in a sentence

There are 2 categories of CBBCs, namely: (a) Category R CBBCs; and (b) Category N CBBCs. Your entitlement following the occurrence of a Mandatory Call Event will depend on the category of the CBBCs. If no Mandatory Call Event occurs, the CBBCs will be exercised automatically on the Expiry Date by payment of a Cash Settlement Amount (if any).

In respect of Category N CBBCs, we or our affiliates may unwind any hedging transactions entered into by us in relation to the CBBCs at any time even if such unwinding activities may trigger a Mandatory Call Event.

In respect of Category N CBBCs, Cash Settlement Amount is zero when Mandatory Call Event occurs.

There are 2 categories of CBBCs, namely: (a) Category R CBBCs; and (b) Category N CBBCs. Your entitlement following the occurrence of a Mandatory Call Event will depend on the category of the CBBCs. If no Mandatory Call Event occurs, the CBBCs will be exercised automatically on the Expiry Date by payment of a Cash Settlement Amount (if any) on the Settlement Date.

Category N CBBCs The launch announcement and supplemental listing document for the relevant series of CBBCs will specify whether the CBBCs are Category R CBBCs or Category N CBBCs.


More Definitions of Category N CBBCs

Category N CBBCs means a series of CBBCs where the Call Price is equal to the ExercisePrice (as defined herein).
Category N CBBCs means a series of CBBCs where the Call Price is equal to the Strike Price; “Category R CBBCs” means a series of CBBCs where the Call Price is different from the Strike Price;
Category N CBBCs means a series of CBBCs where the Call Level is equal to the Strike Level; “Category R CBBCs” means a series of CBBCs where the Call Level is different from the Strike Level;
Category N CBBCs means a series of CBBCs where the Call Level is equal to the Strike Level (as defined herein).
Category N CBBCs means a series of CBBCs where the Call Price is equal to the Exercise Price (as defined herein).