Zero Coupon PD Debt Instruments. If the amount due and payable in respect of a Zero Coupon PD Debt Instrument on the redemption date is not paid when due, the Interest Rate for any such overdue principal shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield specified in the relevant Final Terms.
Appears in 11 contracts
Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions
