Amortising Note definition

Amortising Note means a Fixed Rate Note (as defined below) that pays a level amount in respect of both interest and principal amortised over the life of the Note;
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Amortising Note means a Note (whether a Fixed Rate Note, Floating Rate Note, Index-linked Note or a Zero Coupon Note) the Principal Amount or part of the Principal Amount of which is repayable on the scheduled Amortisation Dates for that Note.
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Examples of Amortising Note in a sentence

  • Upon any Fixed Rate Note, Inflation Linked Notes or Inflation Linked Amortising Note in definitive bearer form becoming due and repayable prior to its Maturity Date, all unmatured Talons (if any) appertaining thereto will become void and no further Coupons will be issued in respect thereof.

  • This Note may be an Inflation Linked Note or an Inflation Linked Amortising Note depending on the Redemption/Payment Basis shown in the applicable Final Terms.

  • Each Inflation Linked Amortising Note bears interest from (and including) the Interest Commencement Date at the rate per annum equal to the Rate of Interest payable in arrear on the Interest Payment Date(s) in each year up to (and including) the Maturity Date.

  • This Note may be a Fixed Rate Note, a Fixed Reset Note, a Floating Rate Note, a Zero Coupon Note, an Inflation Linked Note, an Inflation Linked Amortising Note, or a combination of any of the foregoing, depending upon the Interest Basis shown in the applicable Final Terms.

  • A Long Maturity Note is a Fixed Rate Note (other than a Fixed Rate Note which on issue had a Talon attached, Inflation Linked Notes or an Inflation Linked Amortising Note) whose nominal amount on issue is less than the aggregate interest payable thereon provided that such Note shall cease to be a Long Maturity Note on the Interest Payment Date on which the aggregate amount of interest remaining to be paid after that date is less than the nominal amount of such Note.

Related to Amortising Note

  • Term Loan Amortization Date is June 1, 2021; provided, however, upon the occurrence of the Positive Data Event, the Term Loan Amortization Date shall be June 1, 2022.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.