Reimbursement Under Special Circumstances definition

Reimbursement Under Special Circumstances means a special reimbursement of the Deposits, prior to the Maturity Date, in the circumstances and the manner described under “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.
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Reimbursement Under Special Circumstances means a special reimbursement of the Deposit Notes, prior to the Maturity Date, in the circumstances and the manner described under “Description of the Deposit Notes – Reimbursement Under Special Circumstances and Payment”.
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Reimbursement Under Special Circumstances means cases where, in the opinion of the Bank acting reasonably and in good faith, an amendment is made to an act or regulation; to taxation practices, policies or administration; or an event occurs caused by circumstances beyond the control of the Bank making it illegal or disadvantageous, from a legislative or regulatory point-of-view, or disadvantageous, from a financial point-of-view, for the Bank to allow the Notes to remain outstanding.
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Examples of Reimbursement Under Special Circumstances in a sentence

  • With the exception of a payment made upon a Reimbursement Under Special Circumstances, no payment will be made prior to the Maturity Date.

  • See “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • As provided hereunder, certain other extraordinary events affecting the underlying interest may be deemed to constitute a Special Circumstance and entitle the Bank to proceed with a Reimbursement Under Special Circumstances.

  • In the event of a Reimbursement Under Special Circumstances for which the Bank has opted to redeem the Deposits of a series, the Bank, acting in good faith, will set a date for the reimbursement of the particular Deposits (the “Special Reimbursement Date”) and the maturity date will be accelerated to the Special Reimbursement Date.

  • Reimbursement Under Special Circumstances and Payment In the event of a Special Circumstance, all of the outstanding Deposits of a series may be redeemed, at the option of the Bank (a “Reimbursement Under Special Circumstances”) upon 30 Business Days’ prior notice furnished in writing by the Bank in the manner set forth under “Related Matters – Notice to Holders”.

  • See “Description of the Note Securities – Reimbursement Under Special Circumstances and Payment”.

  • See “Description of the Notes – Reimbursement Under Special Circumstances and Payment”.

  • See “Description of the Deposit Notes – Reimbursement Under Special Circumstances and Payment”.

  • See “Description of the Note Securities – Reimbursement Under Special Circumstances and Payment” in the Prospectus.The Note Securities constitute direct, unsecured and unsubordinated debt obligations of the Bank ranking pari passu with all other present and future unsecured and unsubordinated indebtedness of the Bank.

  • See “Description of the Note Securities – Reimbursement Under Special Circumstances and Payment” in the Prospectus.

Related to Reimbursement Under Special Circumstances

  • Special Circumstances means either or both of the following:

  • Special Circumstance means an event where, in the opinion of the Bank acting reasonably and in good faith, an amendment or a change is made to a taxation act or regulation, to taxation practices, policies or administration, to the interpretation of a taxation act or regulation or taxation practice, policy or administration; or an event occurs, now or in future, caused by circumstances beyond the control of the Bank making it illegal or disadvantageous, from a legislative or regulatory point-of-view, or disadvantageous, from a financial point- of-view, for the Bank to allow the Deposits of such series to remain outstanding. As provided hereunder, certain other extraordinary events affecting the underlying interest may be deemed to constitute a Special Circumstance and entitle the Bank to proceed with a Reimbursement Under Special Circumstances.

  • Exceptional Circumstances means disclosure:

  • Exigent Circumstances means circumstances where collection or disclosure is urgently necessary, such that procedures that would otherwise be required cannot be followed.

  • Extenuating Circumstances means the inability to perform at an optimum level arising from one or more of the reasons set out in clause 6.1.

  • Uncontrollable Circumstance means any act, event or condition that is:

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Reimbursement insurance policy means a policy of insurance