Tax Redemption Amount definition
Tax Redemption Amount means (a) with respect to any Note that is not a Zero Coupon Accreting Note, 100% of the principal amount of such Note, and (b) with respect to any Note that is a Zero Coupon Accreting Note, the Amortized Face Amount as of the applicable Optional Redemption Date (or, in the case of this clause (b), if the Tax Redemption Amount is improperly withheld or refused when due, the Amortized Face Amount as of the Relevant Date).
Tax Redemption Amount means, in respect of each Certificate of a Series, unless otherwise specified in the applicable Final Terms (or, in the case of Non-PD Certificates, the applicable Pricing Supplement), the Final Dissolution Amount;
Tax Redemption Amount in relation to a Certificate, means its outstanding face amount together with any Outstanding Payments;
Examples of Tax Redemption Amount in a sentence
During any period when DIB may instruct the Trustee to redeem the Certificates, the market value of the Certificates generally will not rise substantially above the Trustee Call Amount, the Tax Redemption Amount or the Capital Event Amount (as applicable) payable.
During any period when SIB may instruct the Trustee to redeem the Certificates, the market value of the Certificates generally will not rise substantially above the Trustee Call Amount, the Tax Redemption Amount or the Capital Event Amount (as applicable) payable.
If the Bondholder does not exercise its Bondholder’s Tax Option as set out in Condition 8(b) (Bondholder’s Tax Option), the Issuer will be bound to redeem the Bonds at the Tax Redemption Amount on the Tax Redemption Date.
More Definitions of Tax Redemption Amount
Tax Redemption Amount in relation to a Certificate, means 100 per cent. of its outstanding face amount together with any Outstanding Payments;
Tax Redemption Amount means, in relation to each Note, an amount equal to the aggregate of (i) the principal amount of such Note together with any accrued interest and Defaulted Interest (if any) plus (ii) (A) the principal amount of such Note multiplied by (B) the Tax Redemption Premium in respect of such Note.
Tax Redemption Amount in relation to a Capital Security, means its outstanding principal amount together with any Outstanding Payments;
Tax Redemption Amount means an amount equal to the fair market value of the Note on the Tax Redemption Date, less any costs to the Issuer of unwinding any associated actual or nominal hedging positions, each as determined by the Calculation Agent.
Tax Redemption Amount in relation to a Capital Security, means 100 per cent. of its Prevailing Principal Amount together with any Outstanding Payments;