Examples of Inconvertibility Event in a sentence
Additional Risk Event:Applicable: Inconvertibility Event, Ownership Restriction Event and Settlement/Custodial EventXII.
Additional RiskEvent:Applicable: Inconvertibility Event, Ownership Restriction Event and Settlement/Custodial EventXII.
If at any time during the term of the Securities the Determination Agent determines that an Inconvertibility Event has occurred, it will inform the Issuer of such event.
Additional Risk Event: Applicable: Inconvertibility Event, Ownership Restriction Event and Settlement/Custodial Event XII.
Following the determination of an Inconvertibility Event, the Issuer will make any payments due under the Securities by converting any amount due under the Securities from the Inconvertibility Settlement Currency into the Relevant Currency at the Fallback FX Spot Rate determined by the Determination Agent in its sole and absolute discretion.