Prepayment risk and surrender risk.

the surrender value is to be paid in a timely manner upon request

the declared surrender value of the policy is non-reducible

the surrender value shall not be requested without the prior consent of the institution

7 ° (an instant determined) surrender value: benefit to be paid by the company of insurance in case of redemption of the contract;

Repurchase agreements and securities lending.

open market transaction under repurchase agreements

Repurchase of own shares in the context of the share buyback programme...

The purchase of consumer credit (repurchase credit consumption):

Repurchase of own shares in the context of the share buyback programme...

The credit buy-back organization is the actual financier of the credit buy-back.

QUOTA BUY-BACKS FOR THE 2002 AND 2003 HARVESTS

The buy-back and buy-down rights held by Pretium are as follows:

Exemption for buy-back programmes and stabilisation

Capacity increase through oversubscription and buy-back scheme

We call repurchase of real estate credit when the repurchase includes 60% or more of credit property otherwise it is a repurchase of consumer credit.

The repurchase of official credits does not differ from the classic repurchase of credits.

If the repurchase includes all the credit of the borrower it is a repurchase of total credit otherwise it is a partial credit redemption.

Repurchase agreements and securities lending — right of substitution.

Repurchase agreements and securities lending — assets that are substantially the same.

For a manager to say "yeah I have a buy out clause" a lot of managers have a buy out clause.

Are you undertaking an MBO (Management Buy Out) or an MBI (Management Buy In)?

For a manager to say ‘yeah I have a buy out clause’ a lot of managers have a buy out clause.

2 Including the buy out of Entrepose Contracting minorities

2 Including the buy out of Entrepose Contracting minorities

Optional call date, contingent call dates and redemption amount

Credits may be assigned an order of availability for redemption based on credit redemption criteria such as a redemption priority, a product value, an expiration date, and/or a redemption value.

tax premium on redemption of capital stock

Also disclosed is an apparatus for distribution in retail and redemption at selected redemption sites.

clog on equity of redemption