Redemption Adjustment definition

Redemption Adjustment means the aggregate of (i) any costs expressed as a percentage of the Outstanding Notional Amount payable by the Issuer or any of its Affiliates to unwind or terminate any hedging transaction or hedging positions related to the Certificates and (ii) any Non Recovered Loss in respect of the Reference Obligation.
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Redemption Adjustment means the adjustment to the par amount required in connection with any Two-Way Make Whole Optional Redemption, calculated as provided in this EXHIBIT B.
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Redemption Adjustment means the aggregate of (i) any costs expressed as a percentage of the Notional Amount of each Certificate payable by the Hedge Counterparty, the Issuer or any of its affiliates to unwind or terminate any hedging transaction or hedging positions related to each Certificate, and (ii) any Non Recovered Loss on the Reference Obligation.
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Examples of Redemption Adjustment in a sentence

  • On the final Payment Date of the Holdback Period, the Final Redemption Adjustment Amount, if any, for such Payment Date shall be allocated to reduce the Class Principal Amount of the outstanding Classes of Notes in reverse order of payment priority (beginning with the Class B Notes) until the Class Principal Amount of each Class of Notes is reduced to zero.

  • For the avoidance of doubt, the Redemption Adjustment Amount (if any) shall only be due and payable upon a redemption under and pursuant to this Section 5 and not upon the occurrence of, or in connection with, any other circumstance, event or condition, including without limitation a repurchase pursuant to Section 6 hereof.

  • If a Holder of the PISTONS so redeems the PISTONS, such Holder will receive for each PISTONS a cash amount (the “Redemption Price”) equal to (1) the Net Investment Value of the PISTONS on the Trading Day following the fifth calendar day of that Monthly Redemption Period (the “Redemption Valuation Date”) minus (2) a Redemption Adjustment Amount of 0.15% of the Net Investment Value on that Redemption Valuation Date.

  • For the avoidance of doubt, no Redemption Adjustment Amount shall be payable in connection with any Termination Redemption.

  • For the avoidance of doubt, if the related redemption occurs as a result of a Regulatory Event specified in clause (A) or (B) of the definition of Regulatory Event, there will be no Holdback Period and there will be no Final Redemption Adjustment Amount.

  • The Bank shall not effect a redemption of the Notes pursuant to this Section 14(a) if any Redemption Adjustment Amount would be allocable to the Notes on the related Payment Date pursuant to Section 7.

  • If on the Closing Date shares of Preferred Stock remain outstanding, the Base Price shall be adjusted downward by an amount equal to $50,000 times the number of shares of Preferred Stock then outstanding (the "Preferred Stock Redemption Adjustment").


More Definitions of Redemption Adjustment

Redemption Adjustment means the aggregate of any costs payable by the Issuer to unwind or terminate any hedging transaction or hedging positions related to the Notes, including without limitation, any costs payable by the Issuer to unwind or terminate any foreign exchange swap transaction or interest rate swap transactions.
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Related to Redemption Adjustment

  • Dilution Adjustment means any fraction or number by which the Exchange Rate shall be multiplied pursuant to Section 6.1(a), (b), (c) or (d).

  • Capitalization Adjustment means any change that is made in, or other events that occur with respect to, the Common Stock subject to the Plan or subject to any Purchase Right after the date the Plan is adopted by the Board without the receipt of consideration by the Company through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other than cash, large nonrecurring cash dividend, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other similar equity restructuring transaction, as that term is used in Financial Accounting Standards Board Accounting Standards Codification Topic 718 (or any successor thereto). Notwithstanding the foregoing, the conversion of any convertible securities of the Company will not be treated as a Capitalization Adjustment.

  • MFN Adjustment has the meaning specified in Section 2.14(b).

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • Substitution Adjustment As defined in Section 2.03(d) hereof.