Applicable Coupon Rate definition
Applicable Coupon Rate means in relation to any Payment deferred pursuant to Condition 4(c) or Condition 6(e), the Coupon Rate payable on the Securities as determined by the Calculation Agent in accordance with Condition 5(b) or 5(c) for the Coupon Periods during which such Payment is deferred;
Applicable Coupon Rate means in relation to any Payment deferred pursuant to Condition 4(b) or Condition 6(d), the Coupon Rate payable on the Non Step-Up Fixed Securities for the Coupon Periods during which such Payment is deferred;
Applicable Coupon Rate means for the period: