Minimum Coupon definition

Minimum Coupon means the product of the Minimum Coupon Rate and the Principal Amount.
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Minimum Coupon means 6.50%.
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Minimum Coupon means 7.50%. The “Maximum Moody’s Rating Factor Test” will be satisfied on any date of determination if the Adjusted Weighted Average Moody’s Rating Factor of the Collateral Obligations is less than or equal to the sum of (i) the number set forth in the Minimum Diversity Score/Maximum Rating/Minimum Spread Matrix set forth below at the intersection of the applicable “row/column combination” chosen by the Collateral Manager (or interpolating between two adjacent rows and/or two adjacent columns, as applicable) in accordance with the Indenture plus (ii) the Moody’s Weighted Average Recovery Adjustment plus(iii) the Moody’s Weighted Average Life Adjustment. The “Moody’s Weighted Average Recovery Adjustment” means, as of any date of determination, the greater of (a) zero and (b) (i) with respect to the adjustment of the Maximum Moody’s Rating Factor Test, the product of (x) (A) the Weighted Average Moody’s Recovery Rate as of such date of determination multiplied by 100 minus (B) 43 and (y) the number determined in accordance with the definition of Weighted Average Moody’s Rating Factor Matrix, based upon the applicable
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Examples of Minimum Coupon in a sentence

  • The Coupon shall equal a maximum of the Maximum Coupon and/or a minimum of the Minimum Coupon, if specified in the Final Terms.

  • European style) Coupon (in respect of a Coupon Determination Date) = Guaranteed Principal x Potential Coupon Rate, provided that the Potential Coupon Rate will be deemed to be the Minimum Coupon Rate (which may be zero) if the relevant Coupon Fixing Rate is at or above the Upper Barrier or at or below the Lower Barrier; For the avoidance of doubt, whether the above stated situations exist in respect of any CPI Deposit shall be determined in good faith by the Bank.

  • If the Share Return Percentage of one or more of the Shares in the Equity Portfolio is zero or negative, this will offset the positive performance of other Shares in the Equity Portfolio, potentially reducing the Variable Interest payable to the Minimum Coupon rate of 0.50%.

  • If the Share Return Percentage of one or more of the Shares in the Equity Portfolio is zero or negative, this will offset the positive performance of other Shares in the Equity Portfolio, potentially reducing the Variable Interest payable to the Minimum Coupon rate of 0.25%.

  • If any Maximum or Minimum Coupon Rate or Redemption Amount is specified hereon, then any Coupon Rate or Redemption Amount shall be subject to such maximum or minimum, as the case may be.

  • If the Coupon Rate is subject to a floor, the Coupon Rate is also subject to the Minimum Coupon Rate if the Coupon Rate is subject to a cap, the Coupon Rate is also subject to the Maximum Coupon Rate.

  • At the Maturity Date, an amount equal to the Unpaid Principal Amount and all accrued but unpaid Minimum Coupon through the date of payment shall be due and payable to the Holder.

  • Index Due 2014 + 3% Minimum Coupon Principal Protected Notes Based Upon the NYSE Arca, Inc.

  • If the price performance of one or more of the Shares in the Equity Portfolio is zero or negative, this will offset the positive price performance of other Shares in the Equity Portfolio, potentially reducing the Variable Interest payable to a Minimum Coupon rate of 0.25%.

  • The “Variable Base Rate” for each Coupon Period will be the product of (i) the 30 Year CMS Rate on the related CMS Determination Date minus the 2 Year CMS Rate on the related CMS Determination Date (the “CMS Reference Spread”) and (ii) the Multiplier, subject to the Maximum Coupon Rate and the Minimum Coupon Rate.


More Definitions of Minimum Coupon

Minimum Coupon means the percentage specified in the Final Terms; “NA” means Nominal Amount;
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Related to Minimum Coupon

  • Minimum Condition has the meaning set forth in Annex I.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal to 105% of the Outstanding Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000).

  • Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Fixed Coupon Amount means the amount specified as such in the relevant Final Terms.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Weighted Average Coupon means, with respect to Fixed Rate Obligations (excluding Defaulted Loans), as of any date, the number obtained by:

  • Maximum Collateral Amount The sum of the Principal Balance as of the Cut-off Date of the Initial Mortgage Loans and the Original Pre-Funded Amount.