Interest Calculation Amount definition

Interest Calculation Amount means the amount specified as such in the relevant Final Terms.

Interest Calculation Amount means, in relation to a Note, the amount by reference to which interest on that Note is calculated and, if not otherwise specified, will be the outstanding principal amount of that Note as at the last day of the relevant Interest Calculation Period.

Interest Calculation Amount means the amount which the Issuer determines that a holder of the Specified Nominal Amount of the Reference Obligation would receive for the relevant interest period in respect of the Reference Obligation. Such amount shall be net of all taxes including withholding taxes (if any), duties, fees or commissions payable by a holder of the Reference Obligation.

Examples of Interest Calculation Amount in a sentence

• Each Interest-bearing Note bears Interest on its Interest Calculation Amount (as at the relevant Interest Payment Date) from the Interest Commencement Date on the Interest Basis.

• Each Interest Amount will be calculated by multiplying the product of the Interest Rate and the Interest Calculation Amount of the relevant Note by the Day Count Fraction, unless an Interest Amount or a formula for its calculation is specified, in which case such amount or formula will apply.

• Payment of the Partial Termination Value shall be deemed satisfied on the Early Termination Date by payment of the Additional Floating Amount pursuant to the terms of this Confirmation and/or the adjustment in the Party A's payment obligations following a reduction in the Interest Calculation Amount of the Securities, the Terminated Portion shall be deemed terminated and no further amounts shall be due between the parties in respect of the Terminated Portion.

• In respect of such period, interest on each Note shall be determined by the Principal Paying Agent by applying the Deposit Rate or the Eligible Investment Interest Rate (as applicable as determined by the Calculation Agent), in each case as at 5.00 p.m. (London time), to the Modified Interest Calculation Amount on each calendar day of such period and the interest will be payable on the Final Maturity Date.

• Where “ Variable Linked Interest – Pass Through (FX)” is specified as applicable in the Final Terms, the Interest Amount will be determined in accordance with the following formula: (Interest Calculation Amount divided by the Settlement Rate) divided by the RelevantPortion Provided that if a Disruption Event has occurred, the Interest Amount, if any, shall be adjusted in accordance with the Currency Annex and subject to the FX Break Costs adjustments pursuant to the Currency Annex.

More Definitions of Interest Calculation Amount

Interest Calculation Amount means, with respect to any day in any Interest Period, an amount, calculated by the Calculation Agent, equal to (a) the Calculation Amount on such day, divided by (b) the Number of Notes.

Interest Calculation Amount means, in relation to a Note, the amount by reference to which interest on that Note is calculated, and will be the outstanding principal amount of that Note.

Interest Calculation Amount means (i) for the purposes of sub-paragraph (i) above only, the Calculation Amount (as defined below); or (ii) for the purposes of sub- paragraphs (ii) and (iii) above only, the amount which the Issuer determines that a holder of the Specified Nominal Amount of the Reference Obligation would receive for the relevant interest period in respect of the Reference Obligation (net of all taxes

Interest Calculation Amount means, in respect of each Security, its Specified Denomination as reduced following any partial pro rata repurchase of Securities pursuant to Condition 9 (Purchase).

Interest Calculation Amount means, with respect to any Interest Period, the Remaining Amount as at the close of business on the second Business Day prior to the Interest Payment Date being the end of such Interest Period.

Interest Calculation Amount means in respect of each Deferred Interest Period falling within (or part within) the period from the date hereof to the First Interest Payment Date (as defined in the definition of "Interest Payment Date"), the amount of interest which would, but for the extended First Interest Period, have been payable on each Principal Repayment Date falling within (and on the final day of) such period, calculated on the basis that:-

Interest Calculation Amount means the aggregate outstanding principal amount of the Notes then outstanding less the Portfolio Tranche Loss, subject to a minimum of zero.