Physical Redemption Priority Payment Amount definition

Physical Redemption Priority Payment Amount means an amount equal to the aggregate of all payment obligations of the Issuer ranking in priority to the Instrumentholders pursuant to Master Condition 13(a) (Application of Liquidation Proceeds), and shall include an amount equal to the costs and expenses (including any stamp or other Taxes) payable in connection with the delivery of the Physical Redemption Amount to the Sole Instrumentholder.” (B) Master Condition 9(g) (Physical redemption procedure)) shall be amended by deleting the first and second paragraphs thereof and replacing it with the following wording:
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Physical Redemption Priority Payment Amount means an amount equal to the aggregate of all payment obligations of the Issuer ranking in priority to the Noteholders pursuant to Master Condition 15 (Application of Liquidation Proceeds).
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Physical Redemption Priority Payment Amount means, in respect of each Instrument, an amount equal to such Instrument's pro rata share of the aggregate of all payment obligations of
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Examples of Physical Redemption Priority Payment Amount in a sentence

  • Master Condition 13(a) ( Application of proceeds) shall be amended by inserting the words “or Physical Redemption Priority Payment Amount, as the case may be” after the words “Liquidation Proceeds” on the fourth line thereof.


More Definitions of Physical Redemption Priority Payment Amount

Physical Redemption Priority Payment Amount means, in respect of each Instrument, an amount equal to such Instrument's pro rata share of the aggregate of all payment obligations of the Issuer ranking in priority to the Instrumentholders pursuant to Master Condition 13(a) (Application of Liquidation Proceeds).RISK FACTORS Prospective investors of Instruments should carefully consider the following risk factors in conjunction with the Risk Factors contained in the Prospectus before purchasing any Instruments.Defined terms used in these Risk Factors and not otherwise defined in the Series Terms shall have the meaning given to them in the Conditions.
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Physical Redemption Priority Payment Amount means, in respect of each Instrument, an amount equal to such Instrument's pro rata share of the aggregate of all payment obligations of the Issuer ranking in priority to the Instrumentholders pursuant to Master Condition 13(a) (Application of Liquidation Proceeds).PART B MASTER TERMS AND CONDITIONSThe following are the Master Terms and Conditions that apply to Instruments issued under the Programme. The applicable Series Terms will complete, amend and/or modify these Master Terms and Conditions.Unless the context otherwise requires, references in the Terms and Conditions to Instruments are to the Instruments of one Series only, not to all Instruments that may be issued under the Programme. Each Series of Instruments will be issued by Palladium Global Investments S.A. (the "Company") acting on behalf and for the account of a particular Compartment identified in the Series Terms (in relation to itself and Instruments issued by it, the "Issuer"). Each Issuer shall be bound by the terms and conditions only in respect of any Series of Instruments issued by it and matters relating thereto. No Issuer shall be bound by the terms and conditions in respect of any Series of Instruments issued by any other Issuer. Each Series of Instruments shall be constituted, governed and secured (where applicable) by or pursuant to a constituting document (the "Constituting Document") relating to the Instruments dated the Issue Date of the Instruments between the Issuer specified therein, the person named therein as a Swap Counterparty (if any), the Trustee and the other parties named therein. The Constituting Document constitutes and (where applicable) secures the Instruments by the creation of a trust deed (the "Trust Deed") on the terms (as amended and/or supplemented by the Constituting Document) set out in the master trust terms (the "Master Trust Terms") as specified in the Constituting Document. By executing the Constituting Document, the Issuer has also entered into, among other agreements:
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Related to Physical Redemption Priority Payment Amount

  • 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;

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Final Redemption Value means the Underlying Reference Value.

  • Make-Whole Redemption Amount means the sum of:

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

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Early Redemption Amount (Tax) 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;

  • Early Redemption Amount (k means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Optional Redemption Amount (Put) 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 (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;

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Redemption Payment Date As defined in Section 13.1.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Change of Control Redemption Premium means 125%.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).