Coupon Interest definition

Coupon Interest means the interest on the Bonds expressed as an annual percentage rate, cf 6.5.(a). With respect to floating-rate Bonds, the Coupon Interest is fixed as set out in 6.5.(b) and (c). The Coupon Interest may be positive, negative or zero. The Coupon Interest is rounded to four decimals.
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Coupon Interest means the interest on the Bonds, expressed as an annual percentage rate.
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Coupon Interest has the meaning given in Section 2.5.
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Examples of Coupon Interest in a sentence

  • Interest Payment Date(s):Each date specified as such in Annex 1(each a “ Variable Coupon Interest Payment Datej”), adjusted in accordance with Business Day Convention and subject (except in the case of the Maturity Date) to early redemption on an Automatic Early Redemption Date.

  • The claim in the event of negative Coupon Interest falls due on the Payment Date of the relevant Payment Period.

  • The Coupon Interest calculated accordingly will be the bond interest rate for the subsequent fixing period, but see b) above concerning the opening of an ISIN; or Any other fixing method may be set out in the relevant Final Bond Terms.

  • The Interest Rate Floors and Caps of any fixing method take precedence, meaning that the Coupon Interest cannot be lower than the Interest Rate Floor nor higher than the Interest Rate Cap.

  • If the Redemption Date/ Maturity Date (also being the last Coupon/ Interest Payment Date) of any Series of Bonds falls on a day which is not a Working Day, the redemption proceeds shall be paid on the immediately preceding Working Day along with the interest accrued on the Bonds until but excluding the date of such payment.

  • An Interest Rate Spread is added to the Reference Rate average, and the sum is multiplied by 365/360 (Coupon Interest = 365/360*(Reference Rate average + Interest Rate Spread)).

  • The Coupon Interest of floating-rate Bonds is calculated for each Payment Period in relation to the stated Reference Rate plus an Interest Rate Spread as set out in the Final Bond Terms.

  • This also applies to floating-rate Bonds with negative Coupon Interest.

  • All fixed-rate Bonds carry Coupon Interest denoted as an annual percentage of the Denomination of the Bonds from the first day the Bonds are interest-bearing as set out in the Final Bond Terms.

  • Risks associated with Notes with a FI Target Coupon Interest payable in respect of the Notes will depend on whether automatic early redemption features apply, and the level of the relevant interest rate during the specified target interest period.


More Definitions of Coupon Interest

Coupon Interest means the cash interest amounts paid on a semi- annual basis by NZ Co to the Noteholder.
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Coupon Interest is calculated assuming a 180-day semi-annual period and a 360 day year. (2)Total Available for each period is equal to the Cash Flow for the period plus Net Cash Flow from the previous period. (3) See Annex I attached hereto. (4)Net Cash flow for each period is equal to Total Available for the period less the Interest Payment for each period. ANNEX II Interest Payment Date Assumed on the Notes Principal Interest Rate Interest Payment (1) --------------------- ----------- --------------- ----------------------
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Coupon Interest has the meaning assigned to it in Section 2.1(a)(3).
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Related to Coupon Interest

  • Common Interest means the limited liability company membership interest represented by the Common Units owned by a Common Member in the Company at any particular time, including the right of such Common Member to any and all benefits to which a Common Member may be entitled as provided in the Act, this Agreement, or otherwise, together with the obligations of such Common Member to comply with all terms and provisions of this Agreement and the Act.

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5 and (ii) for the purposes of Conditions 8(c) and 8(d), any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b);

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Deferred Interest shall have the meaning set forth in Section 4.1.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Zero Coupon Note means a Note specified as such in the relevant Final Terms.

  • Capitalized Interest means, with respect to the interest due or to be due on a Series of Bonds prior to, during and for a period not exceeding one year after the completion of a Project to be funded by such Series, all or part of such interest which will be paid, or is expected to be paid, from the proceeds of such Series.

  • Coupon Rate has the meaning set forth in Section 2.8.