Early Maturity definition

Early Maturity means accelerated maturity in accordance with clause 6 of the Terms including as a result of an Automatic Early Redemption Event;

Early Maturity means the early maturity of the deferred purchase of the Delivery Assets as determined and completed in accordance with clause 4 of these Terms;

Early Maturity means accelerated maturity by the Issuer in accordance with clause 5 of the Terms;

Examples of Early Maturity in a sentence

• Investors should also note that even if the Reference Asset is above the Reference Asset Starting Level, if there is an Early Maturity Event no Final Coupon will be payable.

• Please see clause 5 “Early Maturity” of Section 6 “Terms of the Deferred Purchase Agreement” for more details about Early Maturity.

• Any event as a result of which the Hedge Counterparty cannot make physical delivery of the relevant assets (or otherwise results in the early termination of the Hedge) will constitute either an Early Maturity Event or an Adjustment Event under the Units.

• Please refer to the relevant Term Sheet PDS to see if a minimum Early Maturity Value or Termination Payment applies.

• The Issuer can determine an Early Maturity Date for specific events for example disruptions to the Issuer’s management arrangements such as where the management arrangements are suspended or terminated (whether due to the Hedge Counterparty’s insolvency or any other reason).

More Definitions of Early Maturity

Early Maturity means accelerated maturity in accordance with clause 6 of the Terms including as a result of a Call Event;

Early Maturity means accelerated maturity in accordance with clause 7 of the Terms;

Early Maturity of this Term Sheet PDS and Clause 5 “Early Maturity” of the Terms in the PDS. Delivery of the Delivery Parcel relies on the Issuer meeting its obligations and the Hedge Counterparty’s ability to meet its obligations under the Hedge. A relevant factor for the assessment of counterparty risk is the financial strength of the Issuer and Hedge Counterparty. You should refer to “Counterparty risk of Issuer, Hedge Counterparty and Security Trustee” in Section 2 “Risks” of the Master PDS. An example of how the Delivery Parcel is calculated is set out below: Example If the Final Value at Maturity was $1.00 per Unit and assuming you held 50,000 Units, the Final Value for your entire holding will be $50,000. The value of the Delivery Parcel would be $50,000 less any Delivery Costs and subject to rounding of the number of Delivery Assets. Therefore the number of Delivery Assets that would be received by an Investor (i.e. the Delivery Parcel) would be calculated as follows: (Final Value per Unit x Number of Units held by Investor – Delivery Costs)/ Delivery Asset Price. For example, assuming that the Delivery Asset is ordinary shares in Telstra Corporation and assuming that the Delivery Asset Price is $5.20, the number of Delivery Assets in the Delivery Parcel for an Investor with 50,000 Units will be 9,615 (i.e. ($1.00 x 50,000)/ $5.20 = 9,615) (assuming no Delivery Costs). Delivery Asset Delivery Asset Price Number of Delivery Assets Telstra Corporation $5.20 9,615 The Delivery Asset Price used for the purpose of this example is indicative and is provided for illustrative purposes only. The above figures were calculated on the assumption that the Loan Amount has been repaid and that there were no Delivery Costs applicable (as at the date of this PDS, it is not anticipated that the Delivery Costs will apply). In the above example, the number of Delivery Assets has been rounded down to the nearest whole number and is valued at $49,998.00. Therefore there is a difference of $2.00 (i.e. $50,000 less $49,998.00). As this amount is less than A$20, you will not receive this amount. If the fractional amount were greater than A$20, it would be paid to your Nominated Account within 10 Business Days of the Settlement Date.

Early Maturity means accelerated Maturity in accordance with clause 5 of Section 6 “Terms of the Deferred Purchase Agreement” and includes early maturity following an Early Maturity Event or an Issuer Buy-Back; Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

Early Maturity means the redemption of Macquarie ALPS prior to the Maturity Date as a consequence of an Extraordinary Event in accordance with clause 5 of the Terms which may only occur if the ASX consents.

Early Maturity means accelerated maturity in accordance with clause 5;

Early Maturity means an early maturity of the Hindsight Securities due to an Early Maturity Event occurring under the terms and conditions applicable to the Underlying Notes.