Initial Rate of Interest definition

Initial Rate of Interest means the initial rate of interest per annum specified as such in the relevant Final Terms;

Initial Rate of Interest means the initial Rate of Interest that is either specified hereon or calculated in accordance with the provisions hereon;

Initial Rate of Interest means the initial rate of interest per annum specified hereon.

Examples of Initial Rate of Interest in a sentence

• Such notice shall be irrevocable and shall specify the Initial Rate of Interest (in the case of Fixed Rate Notes) or the Initial Margin (in the case of Floating Rate Notes) and the relevant Step Up Margin (or Cumulative Step Up Margin if the applicable Final Terms specifies that a Cumulative Step Up Event is applicable).

• The Rate of Interest for Sustainability-Linked Notes will be the Initial Rate of Interest specified in the applicable Final Terms, provided that, if a Step Up Event has occurred, then for any Interest Period commencing on or after the Step Up Date, the Rate of Interest (in the case of Fixed Rate Notes) or the Margin (in the case of Floating Rate Notes) shall be increased by the Step Up Margin specified in the applicable Final Terms.

More Definitions of Initial Rate of Interest

Initial Rate of Interest means the initial Rate of Interest specified in the applicable Final Terms;

Initial Rate of Interest means 6.125 per cent. per annum;

Initial Rate of Interest means (A) if the Initial Rate of Interest is a fixed rate, the rate determined in accordance with Condition 4(a) and the "Fixed-Rate Note Provisions" in the applicable Final Terms; or (B) if the Initial Rate of Interest is a floating rate, the rate determined in accordance with Condition 4(b) and 4(c) and the "Floating-Rate Note Provisions" in the applicable Final Terms.

Initial Rate of Interest has the meaning specified in the applicable Final Terms;

Initial Rate of Interest means 7.000 per cent. per annum;

Initial Rate of Interest means the initial rate of interest per annum specified as such in the applicable Pricing Supplement;

Initial Rate of Interest means 12.5 per cent. per annum.