Physical Redemption definition

Physical Redemption means, in relation to a buy back or redemption of any Securities, settlement of the Issuer’s buy back or redemption obligation by delivery of an amount of the relevant Metal to the relevant Authorised Participant in accordance with Condition 8(b) (in respect of a buy back of Securities) or Condition 9(a) (in respect of an Early Redemption of Securities);
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Physical Redemption means in relation to the Redemption of any WT Securities, settlement of the Redemption Obligations in respect thereof by delivery of the relevant Underlying Assets in accordance with the Applicable Product Annex.
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Physical Redemption means any redemption of Securities in the form of the physical underlyings, which are Underlying Digital Assets.
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Examples of Physical Redemption in a sentence

  • In the case where the Noteholder elects to receive the Physical Redemption Amount in respect of such Noteholder Option, the delivery of the duly completed Exercise Notice by the Noteholder in accordance with the Conditions shall be deemed to satisfy the requirement to deliver a Delivery Instruction Certificate pursuant to Base Condition 8.9(b), provided that such Exercise Notice contains all information necessary for the Issuer or its agent to effect physical delivery of the relevant assets.

  • Fees There shall be paid to the Registrar in respect of the several matters mentioned in the Tenth Schedule, the several fees specified therein, or, in lieu thereof, such other fees as the Governor may by regulation from time to time direct, and also, in respect of matters not mentioned in the Schedule in relation to which fees may be prescribed under this Act, such fees as the Governor may by regulation from time to time prescribe in relation to such matters.394.

  • The records of the Principal Agent will be conclusive evidence of any Noteholder’s entitlement to a Physical Redemption Amount.

  • The records of the Issuing and Paying Agent will be conclusive evidence of any Sole Instrumentholder’s entitlement to a Physical Redemption Amount.

  • The Sole Instrumentholder will not be entitled to any Physical Redemption Amount unless it has satisfied the Conditions to Delivery in respect of the delivery of such Physical Redemption Amount on or prior to the Settlement Option Cut-off Date.

  • References in the Terms and Conditions to satisfaction of obligations by payment of a Physical Redemption Amount shall be deemed to include satisfaction of those obligations by delivery of such Physical Redemption Amount.

  • Subject to the remainder of this Master Condition 9(g) the Issuer shall procure the delivery, on the date on which the Early Redemption Amount is due, of the Physical Redemption Amount to the Sole Instrumentholder in respect of all Instruments outstanding on the relevant Early Redemption Date, in accordance with the instructions contained in the related Exercise Notice.

  • A Noteholder will not be entitled to any Physical Redemption Amount unless it has; (x) presented or surrendered (as is appropriate) the relevant Note; and (y) delivered a Delivery Instruction Certificate at the Principal Agent’s specified office.

  • If an Event of Default occurs and the Trustee has not declared the Notes due and payable in accordance with Base Condition 7.1, a 100% Noteholder (being the Noteholder(s) holding 100% of the outstanding Notes) may exercise a put option for the redemption of all the Notes, and the Issuer must, upon valid exercise of such put option in respect of all the Notes by the 100% Noteholder, redeem all the Notes at their Physical Redemption Amount.

  • Early redemption of the Notes following an Arranger Insolvency Event: Upon the occurrence of an Arranger Insolvency Event, the Issuer will give a Notice of Redemption and will redeem all of the Notes at their Mandatory Redemption Amount on the Mandatory Redemption Date, provided that a 100% Noteholder may deliver a Delivery Instruction Certificate in which event the Issuer will redeem all of the Notes at their Physical Redemption Amount.

Related to Physical Redemption

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Final Redemption Value means the Underlying Reference Value.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;