Initial Broken Amount definition

Initial Broken Amount means the amount (if any) specified as such in the Issue Memorandum which shall be the Interest Amount payable in respect of the first Interest Period applicable to any Fixed Rate Note.

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Initial Broken Amount and “Final Broken Amount” have the meaning given to them in the Final Terms.

Initial Broken Amount means, in relation to a Tranche of Notes (where applicable), the amount (if any) specified as such in the Applicable Pricing Supplement;

Examples of Initial Broken Amount in a sentence

• The first payment of interest shall be made on the Fixed Interest Date next following the Interest Commencement Date and, if the first anniversary of the Interest Commencement Date is not a Fixed Interest Date, will amount to the Initial Broken Amount specified in the applicable Pricing Supplement.

• The first payment of interest will be made on the Interest Payment Date next following the Interest Commencement Date and, if the first anniversary of the Interest Commencement Date is not an Interest Payment Date, will amount to the Initial Broken Amount.

• The first payment of interest will be made on the Fixed Interest Date next following the Interest Commencement Date and, if the first anniversary of the Interest Commencement Date is not a Fixed Interest Date, will amount to the Initial Broken Amount.

• The first payment of interest will be made on the Fixed Interest Payment Date immediately following the Issue Date or the Interest Commencement Date, as the case may be, and, if the first anniversary of the Issue Date or the Interest Commencement Date, as the case may be, is not a Fixed Interest Payment Date, will be in an amount equal to the Initial Broken Amount specified in the applicable pricing supplement.

• The first payment of interest will be made on the Reference Date next following the Interest Commencement Date (and if the Interest Commencement Date is not a Reference Date, will amount to the Initial Broken Amount shown on the face of such Note), unless the Maturity Date falls before the date on which the first payment of interest would otherwise be due.

• The first payment of interest will be made on the Fixed Interest Date next following the Interest Commencement Date and, if the first anniversary of the Interest Commencement Date is not a Fixed Interest Date, will amount to the Initial Broken Amount specified in the applicable Final Terms.

• The first payment of interest will be made on the Fixed Interest Payment Date immediately following the Issue Date or the Interest Commencement Date, as the case may be, and, if the first anniversary of the Issue Date or the Interest Commencement Date, as the case may be, is not a Fixed Interest Payment Date, will be in an amount equal to the Initial Broken Amount specified in the applicable Pricing Supplement.

More Definitions of Initial Broken Amount

Initial Broken Amount means, in relation to a Tranche of interest-bearing Notes (where