ER Costs definition

ER Costs means, in respect of an Early Redemption Event and an Early Redemption Event Date, any cost/losses in USD that would be incurred by the Issuer in connection with or resulting from the early redemption of the Notes (including but not limited to break funding costs) as of any date falling in the period commencing on, and including, such Early Redemption Event Date and ending on, but excluding, the Optional Redemption Amount Determination Date, as determined by the Calculation Agent, but excluding any amount included in the relevant Additional Costs (Optional Redemption).