Protection Amount definition

Protection Amount means, in respect of a Series to which a Protection Amount is specified as applicable in the applicable Issue Terms, means that the Final Redemption Amount will, subject to the applicable Issue Terms, in no circumstances be repayable, at the stated Maturity Date, at less than the specified percentage of the Calculation Amount of such Note. For the avoidance of doubt, the Protection Amount will not apply in the event that Notes are redeemed prior to their stated Maturity Date or upon, among others, the occurrence of an Early Redemption for Taxation Reasons, any event specified in Condition 8.02 or an Event of Default.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Protection Amount means, in respect of a Series to which a Protection Amount is specified as applicable in the applicable Final Terms, that the Final Redemption Amount will, subject to the applicable Final Terms, in no circumstances be repayable at the stated Maturity Date, at less than the Protection Amount specified in the applicable Final Terms. For the avoidance of doubt, the Protection Amount will not apply in the event that Notes are redeemed prior to their stated Maturity Date or upon the occurrence of an early redemption for taxation reasons, an Index Adjustment Event, a Potential Adjustment Event, or an Event of Default.

Protection Amount means the amount for the Supplementary Benefits, if any, at any time specified as such under Policy Schedule 1 or in any Policy Endorsement.

Examples of Protection Amount in a sentence

• Such calculation shall take into account any adjustments to the Revenue Protection Amount calculated for the current fiscal year that should be made in order to reflect the actual impact on the District.

• In the event that the Revenue Protection Amount for any Tax Year during the Limitation Period of this Agreement shall exceed the Applicant’s Net Tax Benefit for that Tax Year, the Revenue Protection Amount owed for that year shall be limited to the Applicant’s Net Tax Benefit for that Tax Year.

• As used herein, "Proposition 13 Purchase Price" shall mean the present value of the Proposition 13 Protection Amount remaining during the Lease Term, as of the date of payment of the Proposition 13 Purchase Price by Landlord.

• As used herein, “Proposition 13 Purchase Price” shall mean the present value of the Proposition 13 Protection Amount remaining during the Lease Term, as of the date of payment of the Proposition 13 Purchase Price by Landlord.

• Each Loan Party waives any defenses to the validity and enforceability of the Call Protection Amount and the Yield Maintenance Amount.

More Definitions of Protection Amount

Protection Amount means the maximum amount of the aggregate Cash Settlement Amounts under a Catastrophe Protection Conversion, in Dollars, that would be due by the Bank upon the determination of the occurrence of one or more Cash Settlement Events.

Protection Amount means, the amount (expressed as a percentage) of losses in respect of the Reference Stock that can be absorbed without any reduction of payments of interest or principal to holders of the corresponding Notes. The Protection Amount may be subject to adjustment upon the occurrence of certain corporate events affecting the Reference Stock.

Protection Amount means 100 per cent. of the Specified Denomination.

Protection Amount means an amount of currency that you are entitled to settle at an Exchange Rate that is no worse than the Protection Rate under a Structured Option.

Protection Amount means, in relation to any CDS Reference Obligation, the aggregate notional amount in respect of which the buyer of protection thereunder has purchased protection, as adjusted from time to time in accordance with the relevant Reference Obligation Terms and Conditions;

Protection Amount means an amount equal to [100 per cent. of the Specified Denomination][●]. For the avoidance of doubt, the Protection Amount does not apply in the event that Notes are redeemed prior to their stated Maturity Date or upon the occurrence of a Tax Call, an Index Adjustment Event, a Potential Adjustment Event or an Event of Default or if the Notes are sold by a Noteholder prior to the Maturity Date.]

Protection Amount means 100 per cent. of the Specified Denomination. "Participation" means 45 per cent.