DictionaryForumContacts

 finance

link 30.05.2011 7:13 
Subject: Помогите разобраться с одним предложением
Notes will be redeemed by the Issuer in which case the redemption amount in respect of each Calculation Amount shall be an amount in [ ] determined by the Calculation Agent which represents the fair market value of such Calculation Amount immediately prior to the date on which the Notes become redeemable less the proportionate cost to the Issuer and/or its Affiliates of unwinding any underlying and/or related hedging and/or funding arrangements in respect of the Notes

Как тут понять:
less the proportionate cost to the Issuer and/or its Affiliates of unwinding any underlying and/or related hedging and/or funding arrangements

 HarryWharton&Co

link 30.05.2011 8:04 
There's some unnecessary legal "over-scrupulousness" in this, which is probably confusing you (e.g,. words like "proportionate" and "related" - which obviously goes without saying)

In plain English:

minus the cost incurred by the Issuer and/or its Affiliates from terminating hedge positions and/or financial agreements (concluded) in respect of the Notes

 finance

link 30.05.2011 10:38 
thank you very much- kind man.

 

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