Certificate Redemption Amount definition

Certificate Redemption Amount means, for each Certificate being redeemed, an amount determined by the Calculation Agent, in its sole discretion, equal to the Net Realised Share NAV for each Share realised to effect the redemption of such Certificate;
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Certificate Redemption Amount means, for each Certificate being redeemed, an amount determined by the Calculation Agent, in its sole discretion, equal to the Net Realised Share NAV for each Share realised and/or MS Certificates realised referencing such Shares and/or payments under the applicable Swap or Swaps referencing such Shares, if applicable, to effect the redemption of such Certificate;
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Examples of Certificate Redemption Amount in a sentence

  • The Depositor or its assignee may, by written demand to the Issuer Certificate Agent, cause the Issuer to redeem on a Monthly Payment Date all but not less than all of the Class R Certificates at a price equal to 105% of the Outstanding Certificate Balance of the Class R Certificates on such Monthly Payment Date (the "Optional Certificate Redemption Amount").

  • If the Class R Certificates have been redeemed, the entity who directed such redemption pursuant to Section 5.04, and who deposited the Optional Certificate Redemption Amount, shall be considered the sole Certificateholder for purposes of this Section 7.05 until the Issuer is terminated.

  • Upon redemption of the Class R Certificates, the party that effected the redemption by depositing the Optional Certificate Redemption Amount shall own the entire beneficial ownership interest in the Issuer until the Notes are redeemed or paid in full and the Issuer is terminated, and such party shall have the right to direct redemption of the Notes pursuant to the Indenture.

  • Prior to any redemption of the Class R Certificates, the Optional Certificate Redemption Amount shall be deposited into the Trust Agreement Collection Account by the Depositor or its assignee no later than the 9th calendar day prior to such Monthly Payment Date selected for redemption of the Class R Certificates.

Related to Certificate Redemption Amount

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Early Redemption Amount (k) means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.