Annual Coupon definition

Annual Coupon means, in relation to a deposit, the amount to be paid by the deposit taker to the trustee on each relevant annual coupon payment date from time to time, as specified in the Schedule;
Sample 1Sample 2Sample 3

Examples of Annual Coupon in a sentence

  • On maturity the last non-guaranteed Cash Dividend, if any, and the last Guaranteed Annual Coupon, will also be payable along with the Minimum Guaranteed Sum Assured on Maturity.

  • The Shareholder is not paid with any Annual Coupon and the Subfund continues until Final Maturity Date.

  • Very negative Scenario: the Equity Basket Level decreased more than 50% of the Initial Level at the Final Observation Date, no Early Maturity Event occurred until then, the Annual Coupon will not influence the payout.

  • SPXT12DEt= the official closing level of the Index on t date as described by the following table; Annual Coupon PeriodtTo 2 July 20121To 1 July 20132To 30 June 20143To 30 June 20154To Maturity Date5 The Sub-Fund aims, at the Maturity Date, to provide investors who hold their investment up to the Maturity Date, a Maturity Price (the "Maturity Price") based on the following formula: Maturity Price = Initial Price x (1+ Coupon5) Where:Coupon5 = coupon at time t=5 as defined in the table and formula above.

  • SPXT12DEt= the official closing level of the Index on t date as described by the following table; Annual Coupon PeriodtTo 16 May 20121To 16 May 20132To 16 May 20143To 18 May 20154To Maturity Date5 The Sub-Fund aims, at the Maturity Date, to provide investors who hold their investment up to the Maturity Date, a Maturity Price (the "Maturity Price") based on the following formula: Maturity Price = Initial Price x (1+ Coupon5) Where:Coupon5 = coupon at time t=5 as defined in the table and formula above.

  • Dividend Declared x 1.25 x Principal in Excess of Market Capitalisation) – Fixed Annual Coupon.

  • Dividend Declared x 1.25 x Principal in Excess of Market Capitalisation) less Fixed Annual Coupon.

  • Today being 1st January 2019, Ram is considering to purchase an outstanding Corporate Bond having a face value of ` 1,000 that was issued on 1st January 2017 which has 9.5% Annual Coupon and 20 years of original maturity (i.e. maturing on 31st December 2027).

  • SPXT12DEt= the official closing level of the Index on t date as described by the following table; Annual Coupon PeriodtTo 16 May 20121To 16 May 20132To 16 May 20143To 18 May 20154To Maturity Date5 The Sub-Fund aims, at the Maturity Date, to provide investors who hold their investment up to the Maturity Date, a Maturity Price (the "Maturity Price") based on the following formula:Maturity Price = Initial Price x (1+ Coupon5) Where:Coupon5 = coupon at time t=5 as defined in the table and formula above.

  • Plaintiff’s counsel’s statements were about a transgender discrimination case.

Related to Annual Coupon

  • Annual Cap means for any calendar year an amount equal to fifteen percent (15%) of the outstanding principal amount of A Bonds as of January 1 of such calendar year. The Company has the right to reserve up to one-third of this fifteen percent (15%) limit for Bonds redeemed as a result of a Bondholder’s right upon death, disability or bankruptcy as described in the Indenture.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Annual Caps The annual caps for the transactions under the New Procurement Agreement for each of the three years ending 31 December 2019 are RMB9,000,000, RMB12,000,000 and RMB15,000,000. Such annual caps are determined based on (i) the historical transaction value of the fabric products purchased by Haosha Industry from Haosha Garments; (ii) the prevailing market price of similar products; and (iii) the expected increase in demand for such products by Haosha Industry in the coming three years.

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • Final average salary means whichever of the following is greater:

  • Average Bonus means the average of the bonuses paid to Employee over the last two years (or such lesser number of years in which Employee was eligible to receive a bonus) in which the Employee was eligible to receive a bonus.

  • Annual Compensation means an amount equal to the greater of:

  • Payment Year The calendar year during which the applicable Annual Payment is due pursuant to Section IV.B. Payment Year 1 is 2021, Payment Year 2 is 2022 and so forth. References to payment “for a Payment Year” mean the Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Annual Payment due during that year.

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Current Annual Compensation means the greater of:

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • 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.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

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

  • Bonus Period means the period for which a Bonus is payable. Unless otherwise specified by the Board, the Bonus Period shall be the fiscal year of the Company.