Common use of Coupon Clause in Contracts

Coupon. Rate of interest applicable to the Bonds; (i) If the Coupon is stated in percentage points, the Bonds shall bear interest at this rate per annum (based on the Day Count Fraction set forth in Section 1), from and including the Coupon Accrual Date to the Maturity Date.

Appears in 10 contracts

Sources: Bond Agreement, Bond Agreement, Bond Agreement