Redemption Adjustment definition

Redemption Adjustment means the aggregate of (i) any costs expressed as a percentage of the Outstanding Notional Amount payable by the Issuer or any of its Affiliates to unwind or terminate any hedging transaction or hedging positions related to the Certificates and (ii) any Non Recovered Loss in respect of the Reference Obligation.
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Redemption Adjustment means the aggregate of any costs payable by the Issuer to unwind or terminate any hedging transaction or hedging positions related to the Notes, including without limitation, any costs payable by the Issuer to unwind or terminate any foreign exchange swap transaction or interest rate swap transactions.
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Redemption Adjustment means the adjustment to the par amount required in connection with any Two-Way Make Whole Optional Redemption, calculated as provided in this EXHIBIT B.
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Examples of Redemption Adjustment in a sentence

  • The Calculation Agent shall determine the Early Redemption Adjustment on the Settlement Valuation Date.

  • If the Early Redemption Adjustment is a negative number, the Calculation Agent shall calculate the Outstanding Principal Balance of the Deliverable Obligations having a liquidation value (as determined by the Calculation Agent in its sole and absolute discretion) equal to the absolute value of the Early Redemption Adjustment (or, such amount as rounded upwards to the nearest integral multiple) which the Counterparty shall not be obliged to Deliver.

  • Redemption Adjustment Payment The term “Redemption Adjustment Payment” means for a Net Settlement Position, the difference between the Redemption Value and the Settlement Value due and owing on each Eligible Netting Security that comprises such position.

  • The Board of Directors determines the Redemption Adjustment in good faith to maintain, to the extent deemed appropriate by the Board of Directors, the proportionate interests in the Sub-Fund's investments which prevailed prior to the redemption of shares.

  • The Issuer will redeem all the Securities as follows in the case of a redemption upon a Credit Event (for the purposes of Fallback Settlement Method only):Subject to Alternative Cash Settlement being applicable, the Issuer will Deliver the Portfolio and pay the Early Redemption Adjustment (if positive) or, as the case may be, the Adjustment Rounding Amount in satisfaction of its obligations under the Swap Agreement apportioned pro rata among all the Securityholders on the Physical Settlement Date.

  • The Redemption Delivery Amount is calculated as follows: the Aggregate Reference Asset Nominal Amount (less any Redemption Adjustment Amount, as the case may be) divided by the number of units of the Securities.

  • Cash SettlementSubject to Early Redemption the Securities with cash settlement are redeemed on the Settlement Date by payment of the Redemption Amount in the Specified Currency.In the case of Securities with a Specified Redemption Amount the Redemption Amount to be paid is calculated as follows: Specified Redemption Amount (less a Redemption Adjustment Amount, as the case may be) divided by the number of units of the Securities.

  • In the case of Securities with a Reference Asset Redemption Amount the Redemption Amount to be paid is calculated as follows: the Reference Asset Redemption Amount (less a Redemption Adjustment Amount, as the case may be) divided by the number of units of the Securities.

  • In the case of Securities with a Scheduled Reference Asset Redemption Amount the Redemption Amount to be paid is calculated as follows: the Scheduled Reference Asset Redemption Amount in the Specified Currency (less a Redemption Adjustment Amount, as the case may be) divided by the number of units of the Securities.

  • If the total of all of the Credit Redemption Adjustment Payments is greater than all of the Debit Redemption Adjustment Payments, then the Net Redemption Adjustment Payment would be a positive dollar amount owing from FICC to the Member.


More Definitions of Redemption Adjustment

Redemption Adjustment means the aggregate of (i) any costs expressed as a percentage of the Notional Amount of each Certificate payable by the Hedge Counterparty, the Issuer or any of its affiliates to unwind or terminate any hedging transaction or hedging positions related to each Certificate, and (ii) any Non Recovered Loss on the Reference Obligation.
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Related to Redemption Adjustment

  • Capitalization Adjustment means any change that is made in, or other events that occur with respect to, the Common Stock subject to the Plan or subject to any Purchase Right after the date the Plan is adopted by the Board without the receipt of consideration by the Company through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other than cash, large nonrecurring cash dividend, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other similar equity restructuring transaction, as that term is used in Financial Accounting Standards Board Accounting Standards Codification Topic 718 (or any successor thereto). Notwithstanding the foregoing, the conversion of any convertible securities of the Company will not be treated as a Capitalization Adjustment.

  • Optional Redemption Price means $25,000 per share plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends plus any applicable redemption premium attributable to the designation of a Premium Call Period.

  • Redemption Price or Repurchase Price means the amount to be paid to the relevant Holder upon redemption of that Unit, such amount to be determined pursuant to this document.

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately preceding the applicable Installment Settlement Date or, in the event the Conversion Price is adjusted upon the voiding of a Company Conversion pursuant to Section 8(b)(ii), the date of delivery of the applicable Conversion Notice (each such period, a "COMPANY CONVERSION MEASURING PERIOD"); provided, however, that if the Weighted Average Price for the twenty (20) Trading Days before the applicable Installment Settlement Date or date of delivery of the applicable Conversion Notice, as the case may be, is above $1.00, then the Company Conversion Price shall be computed as 92.5% of the arithmetic average of the Weighted Average Price of the Common Stock during the Company Conversion Measuring Period. All such determinations shall be appropriately adjusted for any stock split, stock dividend, stock combination during or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.