Notional Interest Amount definition

Notional Interest Amount means, in respect of any Note, the amount of interest which would have been payable, absent a voluntary or automatic non-payment of interest pursuant to Conditions 4.4.2 and 4.5 below, for the one-year period prior to, and including, such Interest Payment Date, calculated by the Issuer on the basis of the Current Principal Amount of such Note, multiplied by the Underlying Security Payment Percentage, as calculated by the Issuer prior to the relevant Interest Payment Date.
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Notional Interest Amount means an amount that is equal to interest calculated at a rate of 12% per annum accruing on the Outstanding Principal Amount from time to time from the Issuance Date until the relevant date, provided that no further amount shall accrue after the third anniversary of the Issuance Date.
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Notional Interest Amount means, in relation to each Notional Interest Calculation Period, an amount calculated by the Calculation Agent equal to the product of (a) the Notional Interest Calculation Amount in respect of such Notional Interest Calculation Period, (b) the Notional Interest Rate in respect of such Notional Interest Calculation Period and (c) the relevant Day Count Fraction. Each Notional Interest Amount shall be rounded to the nearest EUR0.01 with EUR0.005 being rounded upwards;
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Examples of Notional Interest Amount in a sentence

  • Notional Interest Amount has the meaning set forth in Condition 4.3. Optional Interest Payment Date means any Interest Payment Date other than a Mandatory Interest Payment Date.

  • In addition, on each Fixed Rate Payer Period End Date falling in March, June, September and December there will be added to the balance of the Second Collateral Ledger an amount equal to the Second Collateral Ledger Notional Interest Amount (if any) in respect of the Quarterly Period ending on such Fixed Rate Payer Period End Date.

  • Notional Interest Amount means, in respect of any Note, the amount of interest which would have been payable, absent a non-payment of interest pursuant to Conditions 4.3.2 and4.4 above, for the one-year period prior to, and including, such Interest Payment Date, calculated by the Issuer on the basis of the Current Principal Amount of such Note, multiplied by the Underlying Security Payment Percentage, as calculated by the Issuer prior to the relevant Interest Payment Date.

  • If the Company pays any cash dividend to holders of Ordinary Shares or ADSs, it shall simultaneously pay to the Holder the amount by which any dividend that would have been payable in respect of the Warranty ADSs had this Warrant been exercised prior to the relevant record date for the payment of such cash dividend exceeds the Notional Interest Amount then accrued.

  • In addition, on each Fixed Rate Payer Period End Date falling in March, June, September and December there will be added to the balance of the First Collateral Ledger an amount equal to the First Collateral Ledger Notional Interest Amount (if any) in respect of the Quarterly Period ending on such Fixed Rate Payer Period End Date.

  • The interest amount payable on each Note in relation to a Mandatory Interest Payment will be calculated as follows: (x) if the Mandatory Interest Payment results from an event described in sub-paragraph (i) of this section, it will be calculated on the basis of the Current Principal Amount of such Note; and (y) if the Mandatory Interest Payment results from an event described in sub-paragraph (ii) of this section, it shall be equal to the Notional Interest Amount.

  • The amount of interest payable on each Note in relation to a Mandatory Interest Payment will be calculated by the Calculation Agent as follows: (x) if the Mandatory Interest Payment results from an Equity Securities Payment, it will be calculated on the basis of the Original Principal Amount of such Note, and (y) if the Mandatory Interest Payment results from a Parity Securities Payment, it shall be equal to the Notional Interest Amount.


More Definitions of Notional Interest Amount

Notional Interest Amount means, in respect of each Interest Period, an amount equal to the product of:
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Related to Notional Interest Amount

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.