Initial Periodic Distribution Rate definition

Initial Periodic Distribution Rate has the meaning given to it in Condition 7.4(a) (Periodic Distribution Rate);
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Initial Periodic Distribution Rate means the initial periodic distribution rate per annum specified in the applicable Pricing Supplement;
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Initial Periodic Distribution Rate means the rate specified as such in the applicable Pricing Supplement;
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Examples of Initial Periodic Distribution Rate in a sentence

  • The Periodic Distribution Amount payable on each Periodic Distribution Date (a) falling prior to and including the first Reset Date shall be equal to the product of: (A) the Initial Periodic Distribution Rate; and (B) the Prevailing Face Amount of the Certificates then outstanding and (b) falling after the first Reset Date shall be the relevant amount calculated pursuant to Condition 7.4.

  • The Periodic Distribution Amount payable on each Periodic Distribution Date (a) falling prior to and including the First Reset Date shall be equal to the product of: (A) the Initial Periodic Distribution Rate; and (B) the Prevailing Face Amount of the Certificates then outstanding and (b) falling after the First Reset Date shall be the relevant amount calculated pursuant to Condition 7.4.

  • The Periodic Distribution Amount payable on each Periodic Distribution Date (a) falling prior to and including the first Reset Date shall be equal to the product of: (a) the Initial Periodic Distribution Rate; and (b) the Prevailing Face Amount of the Certificates then outstanding and (b) falling after the first Reset Date shall be the relevant amount calculated pursuant to Condition 7.4 (Periodic Distributions).

Related to Initial Periodic Distribution Rate

  • Periodic Distribution Date means the first Business Day that is as soon as reasonably practicable occurring approximately ninety (90) days after the immediately preceding Periodic Distribution Date.