Interest Barrier Event definition

Interest Barrier Event means, in respect of an Interest Period, the Relevant Reference Performance on the relevant Observation Date is equal to or greater than the Interest Barrier Level.
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Interest Barrier Event means if the Settlement Price in respect of the Valuation Date relating to the relevant Interest Period is greater than or equal to the Interest Barrier Level.
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Interest Barrier Event means, in respect of an Interest Period, the Relevant Reference Performance on the relevant Observation Date is equal to or greater than the Interest Barrier Level. “Relevant Reference Performance” means: closing price of the Reference Item on the relevant Observation Date / Initial Valuation
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Examples of Interest Barrier Event in a sentence

  • In certain circumstances, if the value of the underlying Reference Item reaches certain levels, the relevant Notes may (in the case of the occurrence of an Interest Barrier Event or of an Automatic Early Redemption Event) cease to bear interest and, if applicable, may be redeemed early.

  • The Notes do not bear or pay any interest if an Interest Barrier Event does not occurMandatory Early Redemption Provisions are applicable as specified in item 14(iii) belowThe Redemption Amount of the Notes is determined in accordance with item 14(v) and, as the Underlying Linked Notes Redemption Provisions are applicable, item 14(vi) belowThe Notes are Cash Settled Notes10.

  • Type of Notes: Fixed Rate Notes if an Interest Barrier Event occurs Mandatory Early Redemption Provisions are applicable as specified in item 14(iii) below.

  • The Securities do not bear or pay any interest if an Interest Barrier Event does not occur.

  • Both have an enormous impact on program development, implementation, and maintenance.

  • If an Interest Barrier Event occurs in respect of the relevant Interest Period, an amount (which may never be less than zero) calculated by the Calculation Agent equal to: (EUR 1,000 x 0.9125 per cent.

  • If an Interest Barrier Event occurs in respect of the relevant Interest Period, an amount (which may never be less than zero) calculated by the Calculation Agent equal to: (USD 1,000 x 1.1875 per cent.

  • If an Interest Barrier Event occurs in respect of the relevant Interest Period, an amount (which may never be less than zero) calculated by the Calculation Agent equal to: (EUR 1,000 x 0.875 per cent.

  • If an Interest Barrier Event occurs in respect of the relevant Interest Period, an amount (which may never be less than zero) calculated by the Calculation Agent equal to: (EUR 1,000 x 1.00 per cent.

  • Rentals applicable to operating leases, where substantially all the benefits and risks of ownership remain with the lessor, are recognised in the SOFA over the period of the lease.


More Definitions of Interest Barrier Event

Interest Barrier Event means, in respect of a Bonus Observation Date, the Relevant Reference Performance on the relevant Observation Date is equal to or greater than the Interest Barrier Level.
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Related to Interest Barrier Event

  • Barrier Event means that R (final) is lower than the Barrier.

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Mid-Market Swap Rate means for any Reset Period the mean of the bid and offered rates for the fixed leg payable with a frequency equivalent to the frequency with which scheduled interest payments are payable on the Notes during the relevant Reset Period (calculated on the day count basis customary for fixed rate payments in the Relevant Currency as determined by the Calculation Agent) of a fixed-for-floating interest rate swap transaction in the Relevant Currency which transaction (i) has a term equal to the relevant Reset Period and commencing on the relevant Reset Date, (ii) is in an amount that is representative for a single transaction in the relevant market at the relevant time with an acknowledged dealer of good credit in the swap market and (iii) has a floating leg based on the Mid-Swap Floating Leg Benchmark Rate for the Mid-Swap Maturity (calculated on the day count basis customary for floating rate payments in the Relevant Currency as determined by the Calculation Agent);

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • Effective Interest Rate means the rate of interest per annum on the Loans in effect from time to time pursuant to the provisions of Section 3.1(a), (b) and (c).

  • Mid-Swap Rate means, in relation to a Reset Determination Date and subject to Condition 4(b)(ii), either:

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events:

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.

  • Relevant Event means any Termination Event or any Mandatory Prepayment Event or any event which after the giving of notice or lapse of time or the satisfaction of any other condition (or any combination thereof) would constitute a Termination Event or a Mandatory Prepayment Event;

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • SOFR Index Cessation Event means the occurrence of one or more of the following events: