Examples of Stop Loss Amount in a sentence
Holders should understand that the Stop Loss Amount may be less than the price they paid to acquire the CitiFirst Instalment MINI.
Upon making any such adjustment, the Determination Agent shall give notice as soon as practicable to the Holders in accordance with §12, stating the adjustment to the Redemption Amount or the Stop Loss Amount, as the case may be and/or any of the other relevant terms and giving brief details of the Potential Adjustment Event.
In that case and for the purpose of determining the Redemption Amount or the Stop Loss Amount, as the case may be: (a) that fifth Scheduled Trading Day shall be deemed to be the Valuation Date, notwithstanding the fact that such day is a Disrupted Day; and (b) the Determination Agent shall determine its good faith estimate of the value of the Shares as of the Valuation Time on that fifth Scheduled Trading Day.
Holders of CitiFirst Commodity MINIs should understand that the Stop Loss Amount, the Termination Amount and the Exercise Amount are calculated in different ways and that the amount that they receive on the expiry of a CitiFirst Commodity MINI will vary depending on the situation in which the CitiFirst Commodity MINI expires.
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In no event will Stop Loss payments in any Policy Year for Eligible Claim Expenses in excess of the Aggregate Stop Loss Amount exceed the Maximum Annual Aggregate Stop Loss Payment Amount shown in the Schedule of Insurance.
This means that the amount that a Holder receives (which in the case of a Stop Loss Trigger Event occurring will be the Stop Loss Amount and in the case of an Extraordinary Termination Event occurring will be the Termination Amount) may be less than the amount that a Holder was expecting to receive on the Exercise of a CitiFirst Commodity MINI, and may even be nil.The amount that a Holder receives on the Exercise of a CitiFirst Commodity MINI is determined net of the Exercise Fee.
The Aggregate Stop Loss Amount does not include claim payments made during a Policy Year on behalf of a Participant in excess of the Individual Stop Loss Amount set forth in the Schedule of Insurance or any amounts reimbursable to the Insured as Individual Stop Loss payments.
For any Policy Year, the Aggregate Stop Loss Amount is subject to the Minimum Aggregate Stop Loss Amount.
If CitiFirst Commodity MINIs expire in the situation in paragraph (a) above, the Holder will receive the Stop Loss Amount.