Examples of Coupon Level in a sentence
Where " Plus Memory Coupon" is specified in the Final Terms, the Coupon Payment shall comprise an amount corresponding to the Underlying Amount multiplied by the higher of: (a) the relevant Coupon Level multiplied by the number of immediately preceding Yield Payment Dates (up to and including the Yield Payment Date which immediately follows the applicable Yield Determination Date) in respect of which a coupon has not been paid and (b) the Bonus Factor.
Digital Coupon Event i-th: A Digital Coupon Event i-th will occur when the Calculation Agent determines that, in the relevant Digital Valuation Period i-th, the relevant Underlying Value is equal to or higher than the Digital Coupon Level i, k-th.
Digital Coupon Event i-th: A Digital Coupon Event i-th will occur when the Calculation Agent determines that, in the relevant Digital Valuation Period i-th, the Value of the Underlying of the Basket Worst Of which has registered the worst Performance is equal to or higher than the Digital Coupon Level i, k-th.
In relation to each Series, the Digital Coupon Level i, k-th is set out in the Annex.
Digital Coupon Event i-th: A Digital Coupon Event i-th will occur when the Calculation Agent determines that, in the relevant Digital Valuation Period i-th, the Value of the Underlying is equal to or higher than the Digital Coupon Level i, k-th.