ETP Security definition

ETP Security means any class or series of equity interest in ETP (but excluding any options, rights, warrants and appreciation rights relating to an equity interest in ETP), including without limitation, Common Units, Class E Units, Class G Units, Class H Units, Class I Units, and Class J Units, Class K Units and Series A Units, which are separate classes of ETP Partnership Interests.
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Examples of ETP Security in a sentence

  • Unless previously redeemed in whole as provided below, each ETP Security shall become due and payable on its Final Redemption Settlement Date at its Final Redemption Amount.

  • Transfers may be voided by the Issuer by compelling a sale by such legal or beneficial owner or by the issuer selling such ETP Securities on behalf of such legal or beneficial owner at the lesser of the purchase price therefor or the ETP Security Value prevailing at the time such transfer is voided.

  • If any of the Mandatory Redemption Events listed in Condition 8.7 occurs, each ETP Security shall become due and payable on the related Mandatory Redemption Settlement Date at its Mandatory Redemption Amount.

  • If the rules and procedures of the Registrar and/or for so long as the Uncertificated Registered Securities are held in CREST the rules and procedures of CREST and the CREST Settlement Agent include any closed period in which no ETP Securityholder may require the transfer of an ETP Security to be registered in the Register, such closed periods shall apply to Uncertificated Registered Securities.

  • The risks of an ETP Security linked to equity securities may include, but are not limited to, the possibility of significant changes in the price(s) of the relevant equities.

  • ETP Securities linked to an Investment Strategy: Each ETP Security will be linked to the performance of the Reference Assets referenced by such Investment Strategy.

  • The "Principal Amount" of an ETP Security of a Series will be specified in the Final Terms for such Series, provided that such principal amount may be adjusted with the approval of the ETP Securityholders of that Series in the event that the ETP Security Value falls below 2.00 per cent.

  • The Trustee shall not be liable to the Issuer, any ETP Securityholder, any Secured Creditor or any other party entitled to the benefit of the obligations and duties of the Issuer under the Programme Documents, by reason of having accepted as valid or not having rejected any ETP Security purporting to be such and later found to be forged or not authentic.

  • If a Valuation Date is a Disrupted Day, then with respect to a Series of ETP Securities: the calculation and publication of the ETP Security Value in respect of such Valuation Date will be postponed to the next following Valuation Date that is not a Disrupted Day; the Issuer shall use reasonable efforts, to the extent that all required information is available to it, to publish an indicative price in respect of each ETP Security on the Issuer’s Website, solely for information purposes.

  • Subject to Clause 2.7, any payment to be made in respect of an ETP Security by the Issuer or the Trustee may be made as provided in the Conditions and any payment so made shall (subject to Clause 2.7) to that extent be a good discharge of any such payment of the Issuer or the Trustee, as the case may be (including, in the case of ETP Securities issued in NGN form, whether or not the corresponding entries have been made in the records of the Relevant Clearing System relating to such ETP Securities).