Memory Coupon definition
Memory Coupon means 7.0% gross interest multiplied by the number of previous year(s) since the Coupon Condition was last satisfied on a Year End Date or the Start Date, whichever is the later.
Memory Coupon means, where the Memory Mechanism is applicable, the percentage specified in the applicable Final Terms to be applied to the Nominal Value in order to determine the Digital Amount i, k-th that the Securityholders are entitled to receive on the Digital Payment Date i-th when the Digital Coupon Event i-th occurs.
Memory Coupon means the sum of all Variable-linked Interest payable on the Interest Payment Dates preceding the relevant Interest Payment Date(t), except for Interest Payment Date(1) in which case Memory Coupon means SEK 0.00 (ZERO);
Examples of Memory Coupon in a sentence
The Worst of Digital Memory Coupon option is a strip of worst of digital options.
The Worst of Digital Memory Coupon option is a strip of dependent worst of digital options.