Mandatory Redemption Amount definition

Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:
Mandatory Redemption Amount means an amount in an alternate currency to be determined by the Bank acting in good faith and in a commercially reasonable manner, adjusted downward to account fully for all Hedging Costs. The Mandatory Redemption Amount is likely to be substantially less than the Principal Amount and, in the worst case scenario, the Mandatory Redemption Amount may be zero.
Mandatory Redemption Amount means, with respect to such principal amount that is subject to a Mandatory Redemption pursuant to Section 6(c) herein, the sum of (a) 115% of such principal amount of the Note, (b) 100% of the accrued and unpaid interest hereon and the Make Whole and (c) all liquidated damages and other amounts due in respect of the Note.

Examples of Mandatory Redemption Amount in a sentence

  • Pursuant to the terms of the Trust Deed, the Issuer agrees, on any date on which a payment of Principal under these Conditions in respect of any ETP Securities becomes due, unconditionally to pay the Trustee (or to the order of the Trustee) in same day cleared funds, in accordance with the Trust Deed, the Final Redemption Amount, the Optional Redemption Amount or the Mandatory Redemption Amount, as applicable, in respect of the ETP Securities which is due and payable on that date.


More Definitions of Mandatory Redemption Amount

Mandatory Redemption Amount means the sum of (a) 100% of the then outstanding Principal Amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.
Mandatory Redemption Amount means an amount per Note calculated by the Calculation Agent as an amount equal to the Note Value of such Note, less such Note’s pro rata share of any costs and expenses incurred by or on behalf of the Issuer in any realisation of any Series Assets of the relevant Series of Notes necessary to give effect to such redemption.
Mandatory Redemption Amount means the applicable Physical Redemption Amount, Cash Redemption Amount or other amount as is determined in accordance with Base Condition 6.2(b).
Mandatory Redemption Amount means the sum of (a) 100% of the then outstanding Principal Amount of the Exchange Note, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Exchange Note.
Mandatory Redemption Amount means the sum of (i) the product of (A) the number of shares of Preferred Stock to be redeemed and (B) the product of (1) the average Per Share Market Value for the five (5) Trading Days immediately preceding (x) the date of the Triggering Event or (y) the date of payment in full by the Company of the applicable redemption price, whichever is greater, and (2) the Conversion Ratio calculated on the date of the Triggering Event, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such shares of Preferred Stock.
Mandatory Redemption Amount means the sum of:
Mandatory Redemption Amount means an amount, as determined by the Calculation Agent, equal to: