Unwind Costs means an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, fees, charges, expenses (including loss of funding), tax and duties incurred by the Issuer and/or any of its Affiliates in connection with the redemption of the Credit- Linked Notes and the related termination, settlement or re- establishment of any hedge or related trading position.
Unwind Costs means an amount determined by the Calculation Agent equal to the Issuer’s expenses, losses or costs (expressed as a negative number) or gain (expressed as a positive number) incurred (or expected to be incurred) by or on behalf of the Issuer as a result of its terminating, liquidating, modifying, obtaining or re-establishing any hedges or related trading positions or funding arrangements entered into by it (including with its internal functions) and including, without limitation, interest rate swaps specifically in connection with the Notes.
Unwind Costs means the value of the fees, costs, charges, expenses and liabilities incurred by the Swap Counterparty and the Issuer in connection with the redemption of the Notes in the circumstances described in paragraphs 38(b), (c), (e), (f) and (g) of the terms and conditions of the Notes above.Annex 2 Security and Collateral Description of the Collateral On the Issue Date the Issuer will purchase USD 10,000,000 in principal amount of the Credit Suisse Group Funding (Guernsey) Limited USD 2,000,000,000 3.125% Notes maturing on 10 December 2020 and having the ISIN USG25417AN90 (the “Securities”). The Securities will constitute the “Collateral” as at the Issue Date and, at any time thereafter, the “Collateral” shall be such Securities as are held by the Custodian for the account of the Issuer at such time, subject to substitution or replacement in accordance with Condition 4.9 (Substitution of Mortgaged Property) and Condition 4.10 (Replacement of Collateral).The following summary of the Securities is qualified by reference to the detailed terms and conditions of the Securities, as published by Credit Suisse Group Funding (Guernsey) Limited (the “Collateral Terms”). The Collateral Terms do not form part of this Series Prospectus.This information has been accurately reproduced from the published Collateral Terms and, in the case of the ratings of the Securities, the websites of Moody’s, S&P and Fitch and, so far as the Issuer is aware and is able to ascertain from information published by the aforementioned third parties, no facts have been omitted which would render the reproduced information inaccurate or misleading. Title:Credit Suisse Group Funding (Guernsey) Limited USD 2,000,000,000 3.125% Notes due 2020Collateral Issuer:Credit Suisse Group Funding (Guernsey) LimitedPlace of Incorporation of Collateral Issuer:GuernseyRegistered Office of Collateral Issuer:Helvetia Court, Les Echelons, South Esplanade, St Peter Port, GuernseyGY1 3YJPrincipal Amount:USD 10,000,000Denomination:USD 1,000Issue Date:10 December 2015Final Maturity Date:10 December 2020Interest Rate:3.125 per cent. per annumInterest Payment Dates:10 June and 10 December in each year from, and including 10 June 2016 to and including 10 December 2020Day Count Fraction30/360Listing:The Securities are listed on the Berlin Stock Exchange, amongst other exchanges.The Collateral Issuer has securities listed on the New York Stock Exchange, amongst other exchanges.Governing law:English law ISIN:USG25417AN90Ratin...
Examples of Unwind Costs in a sentence
Unwind Costs: Applicable.7. Form of Securities:Finnish Dematerialized Securities.8. Business Day Centre(s):The applicable Business Day Centre for the purposes of the definition of "Business Day" in Condition 1 is TARGET2.9. Settlement:Settlement will be by way of cash payment (Cash Settled Securities).10.
More Definitions of Unwind Costs
Unwind Costs means the value in the Settlement Currency of the fees, costs, charges, expenses, taxes (including any stamp duty tax) and liabilities which the Disposal Agent and/or the Issuer incurs, is expected to incur or is otherwise required to deduct in connection with the redemption of the Notes pursuant to the Conditions (including, without limitation, any fees, costs, charges, expenses, taxes (including any stamp duty tax) and liabilities which the Disposal Agent and/or the Issuer incurs, is expected to incur or is otherwise required to deduct in connection with holding or transferring any Collateral for the purposes of effecting a physical settlement of the relevant Notes), as determined by the Calculation Agent in good faith and in a commercially reasonable manner.Annex 2Security and Collateral Description of the CollateralOn the Issue Date, the Issuer purchased the Initial Collateral.The “Initial Collateral” in respect of the Notes comprises EGP 267,000,000 in principal amount of the Egyptian Treasury Bill Series 364D due 4 February 2020 issued by Ministry of Finance of the Arab Republic of Egypt and having the ISIN number EGT998042K12.The Initial Collateral constitutes the “Collateral” as at the Issue Date and, at any time thereafter, the “Collateral” shall include any other securities, cash or other assets or property derived therefrom or delivered to the Issuer and held by the Custodian for the account of the Issuer at such time.Initial CollateralThe following summary of the Initial Collateral is qualified by reference to the detailed terms and conditions of the Initial Collateral. Title:EGP 267,000,000 in principal amount of Egyptian Treasury Bill Series 364D due 4 February 2020Collateral Issuer:Ministry of Finance of the Arab Republic of EgyptThe Collateral Issuer has securities admitted to trading on Euronext Dublin – regulated market.Principal Address of Collateral Issuer:Ministry of Finance Towers, Nasr City.Extension of Ramsis Street, Abbassiya, Cairo, EgyptPrincipal Amount:EGP 267,000,000Denomination:EGP 25,000Issue Date:5 February 2019Collateral Final Maturity Date:4 February 2020Interest Rate:Not applicableInterest Payment Date:Not applicableListing:Not applicableGoverning law:Egyptian lawISIN:EGT998042K12ID Number:AX0030715Ratings:Not applicableRanking:The Initial Collateral and any related coupons constitute senior unsecured obligations of the Collateral Issuer.Security ArrangementsThe Issuer and the Trustee have entered into an Egyptian Treasur...
Unwind Costs means an amount determined by the Calculation Agent in its sole and absolute discretion applying such commercially reasonable procedures as it deems appropriate, in accordance with the following provisions. The Calculation Agent shall calculate the market value of the Charged Agreement upon the early termination of the Charged Agreement (taking into account any loss, cost or expense (including, but not limited to, the loss of bargain, cost of funding, or any loss, costs, or expenses in terminating, unwinding, liquidating, obtaining or re-establishing any hedge or related trading position) incurred as a result of terminating this Transaction early), plus any costs, fees, expenses and charges incurred by Buyer, Seller and the Trustee (without double- counting) in connection with the payment of the Bond Redemption Amount or with delivery of the Remaining Unrealised Charged Assets (as the case may be) including, without limitation any brokers’ commissions, documentation fees and expenses, any taxes and stamp duties, any funding costs and any legal or other ancillary costs incurred by Buyer or Seller as a consequence of such early termination.7. Additional Provisions:
Unwind Costs means an amount in EUR which is the aggregate of:
Unwind Costs means the value of the fees, costs, charges, expenses and liabilities incurred by the Swap Counterparty and the Issuer in connection with the redemption of the Notes in the circumstances described in paragraph 28 of these Pricing Terms.PART B – OTHER INFORMATION
Unwind Costs means an amount determined by the Calculation Agent equal to the sum of (without duplication) the Issuer’s expenses (including loss of funding), tax, duties, losses, costs, fees, charges (expressed as a negative number) or gain (expressed as a positive number) incurred (or expected to be incurred) by or on behalf of the Issuer and/or any of its Affiliates as a result of its terminating, liquidating, modifying, obtaining or re-establishing any hedges or related trading positions or funding arrangements entered into by it (including with its internal functions).
Unwind Costs means the amount specified in the Issue Terms (if any) or if "Standard Unwind Costs" are specified in the Issue Terms, an amount determined by the Calculation Agent equal to the aggregate sum of (without duplication) all costs (including loss of funding), fees, charges, expenses, tax and duties incurred by the Issuer and/or any of its Affiliates in connection with the redemption of the Relevant Assets and the Notes and the related termination, settlement or re-establishment of any Hedging Arrangements.
Unwind Costs means, in respect of each such Rate Linked Interest Note, an amount equal to such Rate Linked Interest Note's pro rata portion of the value (determined in the currency in which the Rate Linked Interest Notes are denominated) of any losses, expenses and costs to the Issuer, any Hedging Party and/or any of its affiliates and any loss of tax relief or other tax consequences of unwinding and adjusting any underlying or related swap agreement or other hedging arrangements (including but not limited to any options or selling or otherwise realising instruments of any type whatsoever which the Issuer, any Hedging Party and/or any of its affiliates may hold as part of such hedging arrangement and without duplication), all as calculated by the Issuer in its sole discretion.