Equity Linked Notes definition
Examples of Equity Linked Notes in a sentence
In the case of any Equity Linked Notes or Credit Linked Notes the applicable Final Terms will specify whether the Notes are Cash Settled Notes or Physical Delivery Notes.
Accordingly an investment in Equity Linked Notes may bear similar market risks to a direct equity investment and potential investors should take advice accordingly.
The Issuers may issue Notes where the amount of principal and/or interest payable are dependent upon the price of or changes in the price of shares or a basket of shares, or, depending on the price of or change in the price of shares or the basket of shares, the relevant Issuer's obligation on redemption is to deliver a specified number of shares (Equity Linked Notes).
In addition Dividend Linked Notes will be subject to similar risks to Equity Linked Notes (see "Risks relating to Equity Linked Notes" above).
This Agreement, the Notes Purchase Agreement, the First Amendment and the Equity Linked Notes, embody the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and supersede and preempt any prior understandings, agreements or representations by or among the parties, written and oral, that may have related to the subject matter hereof in any way.
Fluctuations in the price of the relevant equity security or value of the basket of equity securities will affect the value of Equity Linked Notes, Equity Basket Notes, Share Certificates and Share Warrants.
To the extent shares of Class A Common Stock are to be issued pursuant to this Note and other Equity Linked Notes simultaneously and the Company is unable to issue shares of Class A Common Stock as a result of the Change of Control Limitation, a Charter Limitation or the Exchange Cap and must instead settle the conversion or payment partially in cash, the allocation of Class A Common Stock and cash to be issued or paid shall be pro rata among the Payee and the holders of such other Equity Linked Notes.
Fluctuations in the price of the relevant equity security or value of the basket of equity securities will affect the value of Equity Linked Notes, Equity Linked Certificates and Equity Linked Warrants.
Further, if the Company applies to have the Class A Common Stock traded on any other principal stock exchange or market, it shall include in such application the Class A Common Stock issuable upon conversion of the Equity Linked Notes at the then applicable Conversion Price and will take such other action as is necessary to cause such Class A Common Stock to be so listed.
Neither the Company nor, to the Company’s Knowledge, any Person acting on its behalf has conducted any general solicitation or general advertising (as those terms are used in Regulation D of the Securities Act) in connection with the offer or sale of any of the Notes or the Class A Common Stock issuable upon conversion of the Equity Linked Notes.