Premium Payment Amount definition

Premium Payment Amount means the amount specified in the applicable Final Terms or (in the case of Exempt Notes) the applicable Pricing Supplement;

Premium Payment Amount means, in respect of each nominal amount of Notes equal to the Calculation Amount, an amount equal to (a) in the case of the 2026 Notes, EUR500 or (b) in the case of the 2031 Notes, EUR750.

Premium Payment Amount means in respect of each Calculation Amount, an amount equal to €7.50.

Examples of Premium Payment Amount in a sentence

• For the avoidance of any doubts, Bonds which are repurchased by the Company, redeemed or converted on or before the Sustainability Performance Target Date are not entitled to the payment of any Premium Payment Amount.

• If a Premium Trigger Event occurs in relation to a Series of Sustainability-Linked Redemption Premium Notes, then the Issuer shall pay in respect of each relevant Sustainability-Linked Redemption Premium Note an amount equal to the Premium Payment Amount on the Premium Payment Date.

• If the Calculation Agent determines that a Premium Trigger Event has occurred, the Issuer shall pay in respect of each Note of a Series an amount equal to the Premium Payment Amount on the Premium Payment Date.

• The parties hereto acknowledge that the Premium Payment Amount shall survive acceleration of the Obligations and/or the occurrence of any insolvency proceeding, and shall automatically accrue to the principal amount of the Notes and shall constitute part of the Obligations for all purposes herein.

• If the Premium Trigger Event has occurred, the Issuer shall pay in respect of each Note an amount equal to the Premium Payment Amount on the Premium Payment Date.

More Definitions of Premium Payment Amount

Premium Payment Amount means the amount per Calculation Amount specified in the applicable Final Terms;

Premium Payment Amount means an amount equal to 0.75 per cent. of the Calculation Amount;

Premium Payment Amount means the amount specified in the relevant Final Terms as being the Premium Payment Amount with respect to a given Target Observation Date.

Premium Payment Amount. With respect to the Mortgage Pool Insurance Policy, for any Distribution Date, an amount equal to the aggregate, for each Mortgage Loan, of the product of (a) 1/12th of the applicable Premium Payment Rate for such Mortgage Loan and (b) the outstanding principal balance of such Mortgage Loan on the first day of the month of such Distribution Date. With respect to the Special Hazard Insurance Policy, for any Distribution Date, an amount equal to the aggregate, for each Mortgage Loan, of the product of (a) 1/12th of the applicable Premium Payment Rate for such Mortgage Loan and (b) the outstanding principal balance of such Mortgage Loan on the first day of the month of such Distribution Date.

Premium Payment Amount means the amount(s) per Calculation Amount specified in the applicable Final Terms as being the Premium Payment Amount and, each such amount, the “relevant Premium Payment Amount”.

Premium Payment Amount. With respect to the Mortgage Portfolio Insurance Policy, for any Distribution Date, an amount equal to the aggregate, for each Mortgage Loan, of the product of (a) 1/12th of the applicable Premium Payment Rate and (b) the outstanding principal balance of such Mortgage Loan as of the second preceding Due Date. With respect to the Special Hazard Insurance Policy, for any Distribution Date, an amount equal to the aggregate, for each Mortgage Loan, of the product of (a) 1/12th of the applicable Premium Payment Rate and (b) the outstanding principal balance of such Mortgage Loan as of the second preceding Due Date.

Premium Payment Amount has the meaning set forth in Section 2.02(a).