Category N CBBCs definition

Category N CBBCs means a series of CBBCs where the Call Price is equal to the Strike Price;
Category N CBBCs means a series of CBBCs where the Call Level is equal to the Strike Level;
Category N CBBCs means a series of CBBCs where the Call Price (as defined below) isequal to the Exercise Price (as defined herein).

Examples of Category N CBBCs in a sentence

  • There are 2 categories of CBBCs, namely: (a) Category R CBBCs; and (b) Category N CBBCs. Your entitlement following the occurrence of a Mandatory Call Event will depend on the category of the CBBCs. If no Mandatory Call Event occurs, the CBBCs will be exercised automatically on the Expiry Date by payment of a Cash Settlement Amount (if any).

  • In respect of Category N CBBCs, Cash Settlement Amount is zero when Mandatory Call Event occurs.

  • There are 2 categories of CBBCs, namely: (a) Category R CBBCs; and (b) Category N CBBCs. Your entitlement following the occurrence of a Mandatory Call Event will depend on the category of the CBBCs. See “Category R CBBCs vs.

  • In respect of Category N CBBCs, we or our affiliates may unwind any hedging transactions entered into by us in relation to the CBBCs at any time even if such unwinding activities may trigger a Mandatory Call Event.

  • CBBCs have a mandatory call feature and, when the price of the underlying asset reaches the call price, will be early terminated immediately, in which case: (i) Category N CBBCs investors will not receive any cash payment; and (ii) Category R CBBCs investors may receive a cash payment called the Residual Value, which may be zero.

  • CBBC has a mandatory call feature and may be terminated early, in such case,(i) in the case of Category N CBBCs, an investor will not receive any residual value and (ii) in the case of Category R CBBCs, the residual value may be zero.

  • There are 2 categories of CBBCs, namely: (a) Category R CBBCs; and (b) Category N CBBCs. Your entitlement following the occurrence of a Mandatory Call Event will depend on the category of the CBBCs.Date by payment of a Cash Settlement Amount (if any).

  • Category N CBBCs The launch announcement and supplemental listing document for the relevant series of CBBCs will specify whether the CBBCs are Category R CBBCs or Category N CBBCs.

  • There are 2 categories of CBBCs, namely: (a) Category R CBBCs; and (b) Category N CBBCs. Your entitlement following the occurrence of a Mandatory Call Event will depend on the category of the CBBCs. If no Mandatory Call Event occurs, the CBBCs will be exercised automatically on the Expiry Date by payment of a Cash Settlement Amount (if any) on the Settlement Date.

  • TERMS AND CONDITIONS OF THE STRUCTURED WARRANTS (cont’d) Provided that the Issuer may, as it reasonably deems fit, pay a higher Cash Settlement Amount than the amount calculated in accordance with the above formulae.In respect of Category N CBBCs, Cash Settlement Amount is zero when Mandatory Call Event occurs.For the avoidance of doubt, Warrantholders shall not be required to pay or top-up the Exercise Expenses, as the case may be, where the Cash Settlement Amount is less than zero.


More Definitions of Category N CBBCs

Category N CBBCs means a series of CBBCs where the Call Price is equal to the ExercisePrice (as defined herein).
Category N CBBCs means a series of CBBCs where the Call Level is equal to the StrikeLevel (as defined herein).
Category N CBBCs means a series of CBBCs where the Call Level is equal to the Strike Level (as defined herein).
Category N CBBCs means a series of CBBCs where the Call Price is equal to the Exercise Price (as defined herein).

Related to Category N CBBCs

  • Category 3 means those affected lands and support facilities if those lands supported operations which were not completed or substantially completed prior to July 1, 1973 (the effective date of the Wyoming Environmental Quality Act) and any affected lands or support facilities taken out of use on or after July 1, 1973 and before May 25, 1975 (the effective date of the Division’s 1975 Rules and Regulations).

  • Category 1 means medical education activities that have been designated as Category 1 by the Accreditation Council for Continuing Medical Education (ACCME), the American Osteopathic Association (AOA), a state medical society, or an equivalent organization.

  • Category 2 Training: This category includes services related to training state employees to understand and apply Agile concepts and tools.

  • Highest Rating Category means, with respect to a Permitted Investment, that the Permitted Investment is rated by S&P or Moody’s in the highest rating category given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax exempt municipal debt established by S&P is “A 1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG 1” (for fixed rate) or “VMIG 1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (i) both S&P and Moody’s rate a Permitted Investment and (ii) one of those ratings is below the Highest Rating Category, then such Permitted Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, a Permitted Investment rated “AAA” by S&P and “Aa3” by Moody’s is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that Rating Agency, then the Permitted Investment will be deemed to be rated below the Highest Rating Category. For example, a Permitted Investment rated “AAA” by S&P and “A1” by Moody’s is not rated in the Highest Rating Category.

  • Rating Category means (i) with respect to S&P, any of the following categories: BB, B, CCC, CC, C and D (or equivalent successor categories), (ii) with respect to Moody's, any of the following categories: Ba, B, Caa, Ca, C and D (or equivalent successor categories) and (iii) the equivalent of any such category of S&P or Moody's used by another Rating Agency. In determining whether the rating of the Notes has decreased by one or more gradations, gradations within Rating Categories (+ and - for S&P; 1, 2 and 3 for Moody's; or the equivalent gradations for another Rating Agency) shall be taken into account (e.g., with respect to S&P, a decline in a rating from BB to BB-, as well as from BB-to B+, will constitute a decrease of one gradation).

  • Special Category Data means any personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person's sex life or sexual orientation.

  • Categories in this Schedule is to a Category or Categories of the Table).

  • Category means a category set forth in the table in Section IV of Schedule 2 to this Agreement.

  • Highest-level owner means the entity that owns or controls an immediate owner of the offeror, or that owns or controls one or more entities that control an immediate owner of the offeror. No entity owns or exercises control of the highest level owner.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Level 1 Support means qualifying and logging all Technical Support Incidents, answering technical inquiries via telephone support and email regarding the Work and performing limited diagnostic services.

  • Level 2 Support means, with the use of technical support specialists: (i) performing Defect isolation, Defect replication and interoperability testing; (ii) performing remote diagnostic services and on-site troubleshooting, if required; (iii) identifying the source of Defects; (iv) developing a reproducible test case for any Defect and documenting the details of such Defect for escalation to Level 3 Support; and (v) developing and implementing Workarounds where reasonably possible.

  • Barrier Level means the Barrier Level as specified in § 1 of the Product and Underlying Data.