ROC Payments definition

ROC Payments means return of capital payments, the details of which will be specified in the applicable Pricing Supplement, consisting of partial repayments of the Principal Amount of the Note Securities.
Sample 1Sample 2Sample 3
ROC Payments means the amounts paid as Semi-Annual Payments in the form of a return of capital payment that will constitute and be paid in the form of a partial repayment of the Initial Deposit Amount, provided however that the total ROC Payments may not exceed $99.00 per Deposit Note, such that any amounts in excess of $99.00 per Deposit Note that would have been payable as a ROC Payment will be paid in the form of a Coupon Payment.
Sample 1Sample 2
ROC Payments means the semi-annual payments of $2.25 in the form of return of capital payments. The ROC Payments will be payable semi-annually on the Semi-Annual Payment Date and will not exceed in the aggregate$20.25 per Deposit Note. Upon the occurrence of a Protection Event or upon the occurrence of an Extraordinary Event where the Benchmark Portfolio is to be notionally reinvested in Bonds, there will be no further ROC Payments. There will be no ROC Payment on account of the Maturity Date.
Sample 1

Examples of ROC Payments in a sentence

  • ROC Payment Threshold:As set forth under the column entitled “ROC Payment Threshold” in the Potential ROC Payments table above.

  • Variable Return Threshold:22.00% Participation Factor:5.00% ROC Payments: Holders will be entitled to receive ROC Payments of $2.00 (equivalent to 2.00% of the Principal Amount of each Note Security) on each ROC Payment Date.

  • Reference PortfolioPurpose and Composition of the Reference Portfolio The payment that you will receive at maturity from your Note Securities, and, if your Note Securities provide for ROC Payments, during the term of your Note Securities, will be linked to the performance of a reference portfolio (the “Reference Portfolio”) which shall be composed of one or more Reference Assets which may consist of equity securities, exchange-traded fund securities, publicly available indices or a combination thereof.

  • ROC Payment Dates: As set forth under the column entitled “ROC Payment Dates” in the Potential ROC Payments table above.

  • Variable Return Threshold:0.00% Participation Factor: 5.00% Potential ROC Payments: ROC Payment Frequency:Provided that the Reference Portfolio Return is higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive ROC Payments of $3.50 (equivalent to 3.50% of the Principal Amount of each Note Security) on each ROC Payment Date.

  • On each day thereafter, the Reference Portfolio NAV will fluctuate and be equal to the sum of the Reference Asset NAV of each Reference Asset contained in the Reference Portfolio plus an amount equal to any unpaid, due ROC Payments (for each day between their ROC Valuation Date and ROC Payment Date), all calculated in the currency of the Note Securities (the “Note Securities Currency”).

  • The Maturity Redemption Payment will be calculated as follows: Remaining Principal Amount + (Principal Amount x Variable Return) Remaining Principal Amount: means, on any day, the difference between the Principal Amount and the sum of the ROC Payments paid as at such day.

  • ROC Payment Dates July 11, 2018 $2.00 January 11, 2019 $2.00 July 11, 2019 $2.00 January 13, 2020 $2.00 Sum of ROC Payments $22.00 ROC Payment Frequency: Semi-annuallyValuation Date:January 8, 2020, subject to postponement in certain circumstances as described in the Prospectus and Prospectus Supplement.Barrier:- 25%Selling commission:$2.50 per Note Security (2.50% of the Principal Amount of each Note Security sold).Agents:National Bank Financial Inc.

  • Maturity Payment Amount = Remaining Deposit Amount + Variable Return= $79.75 + $30.25= $110.00Maturity Payment Amount of $110.00 per Note is in addition to the total ROC Payments of $20.25 paid over the term of the Notes.

  • The Deposits have certain investment characteristics that differ from those of conventional fixed income investments in that they provide you with Guaranteed Annual ROC Payments during the term of the Deposits and do not provide you with a return at maturity calculated by reference to a fixed or floating rate of interest that is determinable prior to maturity.

Related to ROC Payments

  • Periodic Payments means all installments or similar recurring payments that Borrower may now or hereafter become obligated to pay to Bank pursuant to the terms and provisions of any instrument, or agreement now or hereafter in existence between Borrower and Bank.

  • Tax Fees means the aggregate fees billed in each of the last two fiscal years for professional services rendered by the Company’s external auditor for tax compliance, tax advice and tax planning.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Payments has the meaning set forth in Section 8.11.

  • Aggregate Payments as defined in Section 7.2.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

  • Termination Payments has the meaning specified in Section 10(a).

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.