Digital Coupon Condition definition

Digital Coupon Condition means that the DC Barrier Value for the relevant SPS Coupon Valuation Date is equal to or greater than the Barrier Level;
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Digital Coupon Condition means that the DC Barrier Value for the relevant SPS Coupon Valuation Date is less than the Barrier Level;
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Digital Coupon Condition means that the DC Barrier Value for the relevant MFP Coupon Valuation Date is greater than the Barrier Level;
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Examples of Digital Coupon Condition in a sentence

  • Snowball Digital Coupon is applicable(i) if the Snowball Digital Coupon Condition is satisfied in respect of SPS Coupon Valuation Date(i): Rate(i) + SumRate(i); or (ii) if the Snowball Digital Coupon Condition is not satisfied in respect of SPS Coupon Valuation Date(i): zero.

  • Where Digital Coupon Condition means that the DC Barrier Value for the relevant SPS Coupon Valuation Date is equal to or greater than the Barrier Level; DC Barrier Value means in respect of a SPS Coupon Valuation Date, the Worst Value.

  • Subpart G CAMO - To assist them in the production and/or maintaining of their own CAMECAA - As a comparison document for CAMEs submitted to them for approval; andThe user guide is provided for guidance only and should be customised by each organisation to demonstrate how they comply with Part M Subpart G.

  • Coupon Rate: Digital Coupon applicable (i) if the Digital Coupon Condition is satisfied in respect of SPS Coupon Valuation Date(i): Rate; or(ii) if the Digital Coupon Condition is not satisfied in respect of SPS Coupon Valuation Date(i): zero.

  • Snowball Date means each date on which the relevant Snowball Digital Coupon Condition is satisfied.

  • Where "Digital Coupon Condition" means that the DC Barrier Value for the relevant SPS Coupon Valuation Date is equal to or greater than the Barrier Level; "DC Barrier Value" means in respect of a SPS Coupon Valuation Date, the Worst Value.

  • The interest rate is calculated as set out below: Digital Coupon is applicable (i) if the Digital Coupon Condition is satisfied in respect of SPS Coupon Valuation Date(i): Rate; or (ii) if the Digital Coupon Condition is not satisfied in respect of SPS Coupon Valuation Date(i): zero.

  • If the SPS Digital Coupon Condition is not met then the Notes will pay no interest for the relevant period.

  • Snowball Digital Coupon is applicable (i) if the Snowball Digital Coupon Condition is satisfied in respect of SPS Coupon Valuation Date(i): Rate(i) + SumRate(i); or (ii) if the Snowball Digital Coupon Condition is not satisfied in respect of SPS Coupon Valuation Date(i): zero.

  • Snowball Digital Coupon Condition means that the Underlying Reference Value is (a) "greater than", (b) "less than",(c) "equal to or greater than" or (d) "less than or equal" to the Snowball Level in respect of the relevant Interest Valuation Date.

Related to Digital Coupon Condition

  • Distribution Conditions means, with respect to any Restricted Payment or Restricted Junior Debt Prepayment, the following:

  • Liquidity Condition means an event of immediate termination or suspension as specified in a Liquidity Facility, upon the occurrence of which the Standby Purchaser is not obligated to purchase Multi-Modal Bonds, and, accordingly, such Bonds are not subject to tender for purchase.