Range Accrual Day definition

Range Accrual Day means, with respect to an Interest Observation Period, each date specified as a Range Accrual Day in the relevant Final Terms, which may be each date falling every one (1), seven (7), 30, 60, 90, 180 or 365 days after the first date specified in the applicable Final Terms or such other date(s) (as specified in the applicable Final Terms) falling within such Interest Observation Period.
Range Accrual Day means a Scheduled Trading Day.
Range Accrual Day means a calendar day.

Examples of Range Accrual Day in a sentence

  • In respect of Reference Item (k=1) and a Range Accrual Day (other than a Range Accrual Stub Day) which is not a Business Day for such Reference Item (k=1), the Coupon Barrier Value for such Reference Item (k=1) on such day shall be the Coupon Barrier Value for such Reference Item (k=1) on the immediately preceding Business Day.

  • In respect of Reference Item (k=1) and the relevant Range Period, the Coupon Barrier Value in respect of such Reference Item (k=1) for each Range Accrual Day after the relevant Rate Cut-Off Date to (and excluding) the Range Period End Date (each a “Range Accrual Stub Day”) will be deemed to be the Coupon Barrier Value as of such Rate Cut-off Date.

  • In respect of each Reference Item (k) and a Range Accrual Day which is a Disrupted Day for such Reference Item (k), the Coupon Barrier Value for such Reference Item (k) on such day shall be the Coupon Barrier Value for such Reference Item (k) on the immediately preceding Scheduled Trading Day that was not a Disrupted Day.


More Definitions of Range Accrual Day

Range Accrual Day means, with respect to an Interest Observation Period, each date specified as a Range Accrual Day in the relevant Final Terms, which may be each date falling every one (1), seven (7), 30, 60, 90, 180 or 365 days after the first date specified in the relevant Final Terms or such other date(s) (as specified in the relevant Final Terms) falling within such Interest Observation Period, and each such date shall be deemed to be an Observation Date;
Range Accrual Day means, with respect to an Interest Observation Period, each date specified as a Range Accrual Day in the relevant Final Terms, which may be each date falling every one (1), seven (7), thirty (30), sixty (60), ninety (90), one hundred and eighty (180) or three hundred and sixty-five (365) days after the first date specified in the applicable Final Terms or such other date(s) (as specified in the applicable Final Terms) falling within such Interest Observation Period;
Range Accrual Day means any Range Observation Day on which [no][an] Interest Barrier Event has occurred.
Range Accrual Day means with respect to the relevant Range Accrual Period, each Business Day falling within such Range Accrual Period.
Range Accrual Day means any Range Observation Day on which (i) no Interest Barrier Event has occurred and the Interest Barrier Style is Stay-in, or (ii) an Interest Barrier Event has occurred and the Interest Barrier Style is Stay-out. (26) Interest Barrier Event. An "Interest Barrier Event" has occurred if any Interest Barrier Reference Price was (i) lesser than or equal to the Interest Lower Barrier, or (ii) greater than or equal to the Interest Upper Barrier. (27) Specifications in Final Terms. The "Digital Interest Rate", the "Range Observation Day", the "Interest Barrier Style", the "Interest Barrier Observation Period", the "Interest Barrier Reference Price", the "Interest Lower Barrier" and the "Interest Upper Barrier" are specified in the Final Terms."
Range Accrual Day means any Range Observation Day on