Step-Up definition

Step-Up has the meaning set forth in the form of the Security contained in Section 202.
Step-Up has the meaning set forth in the form of face of the Global Security in Section 2.02.
Step-Up has the meaning specified in the form of Note contained in Section 2.2.

Examples of Step-Up in a sentence

  • Step-Up bonds pay interest at increasing fixed rates for specified intervals over the life of the bond, according to the terms of the bond.

  • In case the investor fails to specify both, i.e. the frequency for Step-Up SIP and amount for Step-Up SIP, the application form may be processed as conventional SIP, subject to it being complete in all other aspects.

  • Under this option, the amount of investment through SIP installment shall be increased by amount chosen/designated by Investor post every 12th (twelfth) SIP installment.2. Minimum Step-Up SIP Amount: ` 500 and in multiples of ` 500 thereafter.3. Default Step-Up SIP Frequency and amount: In case the investor fails to specify any frequency or amount for Step-Up SIP, the same shall be deemed as Yearly Step-Up SIP and ` 500 respectively and the application form shall be processed accordingly.

  • In case the investor fails to specify any frequency or amount for Step-Up SIP, the same shall be deemed as Yearly Step-Up SIP and Rs. 500 respectively and the application form shall be processed accordingly.

  • Step-Up SIP shall not be available under Fast Forward SIP facility.


More Definitions of Step-Up

Step-Up has the meaning specified in Section 8.10.
Step-Up has the meaning set forth in the form of the Security contained in Section 2.02.
Step-Up has the meaning specified in the form of the Securities set forth in Section 202.
Step-Up has the meaning specified in 7.11(b).
Step-Up shall have the meaning set forth in the Rider.
Step-Up has the meaning specified in Section 7.03(a).
Step-Up shall have the meaning assigned to such term in Section 8.2.13(b) [Financial Covenants].