Variable Coupon definition
Variable Coupon means the variable interest coupon which may be payable on the Principal Repayment Date in accordance with the Investment Return Condition;
Variable Coupon means the amount, if any, payable on a Variable Coupon Payment Date as determined by the Calculation Agent in accordance with the Variable Coupon Formula.
Variable Coupon means an amount equal to the Initial Deposit Amount multiplied by the Variable Coupon Rate.
Examples of Variable Coupon in a sentence
This Note is a Fixed Rate Note, a Floating Rate Note, a Zero Coupon Note, a Variable Coupon Amount Note, a High Interest Note, a Low Interest Note, a Step-up Note or a Step-down Note depending upon the Interest Basis shown on its face, and a Fixed Redemption Amount Note or a Variable Redemption Amount Note depending on the Redemption Basis shown on its face.
The Maximum Variable Coupon Rate is the maximum Stock Performance for any Stock and the maximum Coupon Rate for any Coupon Payment Date; thus, the Coupon Rate for any Coupon Payment Date may not exceed 100%.
More Definitions of Variable Coupon
Variable Coupon means the sum determined in accordance with clause 2.3 and is the sum of the Accrual Coupon and the Step-Up Coupon;
Variable Coupon means a rate of interest equal to the Index Performance, subject to a minimum payment of 0.0% and a maximum payment of 22.5%.
Variable Coupon means the amount, if any, payable on a Variable Coupon Payment Date as determined by the Calculation Agent in accordance with the Variable Coupon Formula. Variable Coupon Calculation Period” means the period from the Start Date until the relevant Variable Coupon Valuation Date.
Variable Coupon means on each Variable Coupon Payment Date, an amount per Deposit Note equal to the greater of (i) zero and (ii) the product of $100 and the Reference Portfolio Adjusted Return.