Current Coupon definition

Current Coupon means, as of any date of determination, (i) with respect to any Collateral Debt Security which is a Fixed Rate Collateral Debt Security, the stated rate at which interest accrues on such Fixed Rate Collateral Debt Security and (ii) with respect to any Collateral Debt Security which is a Deemed Fixed Rate Collateral Debt Security, the Deemed Fixed Spread plus the Deemed Fixed Rate, each related to such Deemed Fixed Rate Collateral Debt Security.
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Current Coupon. Original Balance: Current Balance: Outstanding Senior Debt**: Original Accrued P&I: Current Accrued Interest 3/31/04: Origination Date: First Payment Date: Maturity Date: Date Next Due: Original Term: Original Amortization Term: Product Type: Balloon Flag: Original LTV: Combined Current LTV**:
Sample 1

Examples of Current Coupon in a sentence

  • Historical Pricing on Senior Non-Agency Securities Agency Spreads FN 30-yr Current Coupon vs.

  • Step 7: At the time of the Merger, the up to approximately $116 million outstanding principal amount under the GSMC loan and the $213 million of RCPI's Current Coupon Convertible Debentures due 2000 could be repaid, and any new financing, as described in the Proposal, could be consummated.

  • The $213 million of RCPI's Current Coupon Convertible Debentures due 2000 will be repaid at par plus all accrued interest.

  • Yield Report Bond Id : GE021_0402_PY XX Xxxx Name : A3 (AAA 20.00%) Original Balance : 595,249,000.00 Current Balance : 595,249,000.00 Original Coupon : 6.426000 % Current Coupon : 6.426000 % Deal Description : GE 2002-1 Orig.

  • Deutsche Bank Securities CMO Model Price / Yield Report Bond Id : GE03_1_PRICING_FINALADJ A4 Bond Name : A4 Original Balance : 367,323,000.00 Current Balance : 367,323,000.00 Original Coupon : 4.819000 % Current Coupon : 4.819000 % Deal Description : GECMC 2003-1 Orig.

  • Basis Risk is the P&L impact of the fluctuating spread relationship between Current Coupon and Swap rates.

  • An Improved Market for Mortgage Assets 4 Agency spreads have gradually tightened while Non-Agency bonds have gradually appreciated in value Source: IDC Source: Bloomberg 2014 YTD: +1.4% 2014 YTD: +2.3% 2014 YTD: +1.9% FNMA Current Coupon Rate Spread to 7 yr Swap Rate 2014: Interest Rate Volatility has Declined 1 yr.

  • Step 6: RCPI calls Current Coupon Debentures, 14% Debentures and Floating Rate Notes for redemption.

  • ANNEXURE A: ARQ CURRENT FUNDING STRUCTURE AS AT 30 JUNE 2011 (excluding capital drawdowns made subsequent to 30 June 2011) Debt Instrument Principal (incl Interest YTD) ZAR Current Coupon A Preference Shares 1,479,072,000 12 % pref div OCSF* 536,937,437 15,84 % Senior Debt Facility 679,603,703 9,575 % TOTAL 2,695,613,140 * Includes commitment fees and guarantee fees and related interest thereon.

  • Current Coupon Current Coupon Percent ------------------------------------- 2.751 - 3.000 0.26% 3.251 - 3.500 0.25 3.501 - 3.750 2.35 3.751 - 4.000 6.70 4.001 - 4.250 90.44 ------------------------------------- Total: 100.00% ------------------------------------- W.A.: 4.099 Lowest: 3.000 Highest: 4.125 4.

Related to Current Coupon

  • Flight Coupon means that portion of the ticket which is either held electronically in the carrier’s database or on paper when a paper ticket is issued to a passenger. It indicates the particular points between which the passenger is entitled to transportation.

  • Senior Target Amount With respect to each Distribution Date, an amount equal to the lesser of (a) the product of (i) 77.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Index Debt means senior, unsecured, long-term indebtedness for borrowed money of the Borrower that is not guaranteed by any other Person or subject to any other credit enhancement.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 94.50% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.

  • Coupon Period means the period commencing on (and including) the Issue Date and ending on (but excluding) the first Coupon Payment Date and each successive period commencing on (and including) a Coupon Payment Date and ending on (but excluding) the next succeeding Coupon Payment Date;

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

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

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

  • Reference Year shall have the meaning given it in the Summary.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

  • Weighted Average Coupon means, with respect to Fixed Rate Obligations (excluding Defaulted Loans), as of any date, the number obtained by:

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Average Life to Stated Maturity means, as of the date of determination with respect to any Indebtedness, the quotient obtained by dividing (i) the sum of the products of (a) the number of years from the date of determination to the date or dates of each successive scheduled principal payment of such Indebtedness multiplied by (b) the amount of each such principal payment by (ii) the sum of all such principal payments.

  • Fixed Coupon Amount means the amount specified as such in the relevant Final Terms.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Equity Conditions means, during the period in question, (a) the Corporation shall have duly honored all conversions scheduled to occur or occurring by virtue of one or more Notices of Conversion of the applicable Holder on or prior to the dates so requested or required, if any, (b) the Corporation shall have paid all liquidated damages and other amounts owing to the applicable Holder in respect of the Preferred Stock, (c)(i) there is an effective registration statement pursuant to which either (A) the Corporation may issue Conversion Shares or (B) the Holders are permitted to utilize the prospectus thereunder to resell all of the shares of Common Stock issuable pursuant to the Transaction Documents (and the Corporation believes, in good faith, that such effectiveness will continue uninterrupted for the foreseeable future) or (ii) all of the Conversion Shares may be issued to the Holder pursuant to Section 3(a)(9) of the Securities Act and immediately resold without restriction, (d) the Common Stock is trading on a Trading Market and all of the shares issuable pursuant to the Transaction Documents are listed or quoted for trading on such Trading Market (and the Corporation believes, in good faith, that trading of the Common Stock on a Trading Market will continue uninterrupted for the foreseeable future), (e) there is a sufficient number of authorized, but unissued and otherwise unreserved, shares of Common Stock for the issuance of all of the shares then issuable pursuant to the Transaction Documents, (f) the issuance of the shares in question to the applicable Holder would not violate the limitations set forth in Section 6(d) herein and (g) the applicable Holder is not in possession of any information provided by the Corporation, any of its Subsidiaries, or any of their officers, directors, employees, agents or Affiliates, that constitutes, or may constitute, material non-public information.

  • Coupon means any interest coupon appertaining to a Bearer Security.

  • Coupon Rate shall have the meaning set forth in Section 2.5.

  • Current Maturities of Long Term Debt means, during a period beginning and ending on designated dates, the amount of Company’s long-term debt and capitalized leases which become due during that period.

  • Payment Year means the calendar year during which the applicable Initial Year Payments or Annual Payments are due pursuant to subsection V.B. Payment Year 1 is 2022, Payment Year 2 is 2023 and so forth. References to payment “for a Payment Year” mean the Initial Year Payments or Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Initial Year Payments or Annual Payment due during that year.