Examples of Index Event in a sentence
Upon the determination by the Calculation Agent that an Index Event (as defined herein) has occurred, the Redemption Amount payable on the Maturity Date will be limited to the Calculation Amount.
The Calculation Agent has broad discretion to make certain determinations and adjustments and/or to determine that an Index Event (as defined herein) has occurred, any of which may have an adverse affect on the Securities.
Unless the Notes fall due for redemption early for any reason, or an Index Event occurs (as described in paragraph (I) below) no amount shall be payable to Securityholders in respect of the Notes on any date other than the Maturity Date when each nominal amount of Securities equal to the Calculation Amount shall be redeemed at the Redemption Amount.
Such risks relating to the Underlying may be linked, depending on the characteristics of the relevant Notes, to the occurrence of a Potential Adjustment Event, an Extraordinary Event, a Market Disruption Event, a Commodity Index Event or an Event affecting the relevant Index, in which case the Calculation Agent may make adjustments or determinations as it, acting in good faith, deems appropriate, all as more fully described in the Terms and Conditions of the Notes.
Following the occurrence of such an Index Event, an Index Event Amount (if any) will be payable to Securityholders.