Interest Bearing Amount definition

Interest Bearing Amount means, in respect of a Specified Payment Date, an amount in the Specified Currency as determined by the Calculation Agent equal to the product of (i) the Nominal Amount and (ii) 100 per cent. minus the Nominal Reduction Amount in respect of such Specified Payment Date.

Interest Bearing Amount means for the purpose of calculating the Interest Amount, in respect of each Interest Period, the sum of the Reference Obligation Notional Amount for each day in such Interest Period divided by the number of calendar days in such Interest Period.

Interest Bearing Amount means, in respect of any Note:

Examples of Interest Bearing Amount in a sentence

• Interest Bearing Amount - Select Yes/No from the drop down box whichever is applicable.

• An amount determined by the Calculation Agent equal to the expected Interest Bearing Amount on the Interest Accrual Date at the beginning of the relevant Interest Period.

• Unless previously redeemed, purchased and cancelled as provided in this Condition 8, then, on the Scheduled Maturity Date, if as at the Credit Event Cut-Off Date there were one or more Outstanding Credit Events, each Note shall be partially redeemed at its Interest Bearing Amount on such date.

• The Final Redemption Amount in respect of each Note will be its pro rata share of the relevant Interest Bearing Amount at the Maturity Date.

• Interest Bearing Amount means (a) for the purpose of calculating the Interest Amount, in respect of each Interest Period, the Relevant Tranche Amount on the first day of such Interest Period and (b) for the purpose of calculating the Redemption Amount, the Relevant Tranche Amount on the Maturity Date or such earlier date on which the Notes are to be redeemed plus, in respect of both (a) and (b), the aggregate of all Partial Redemption Undistributed Amounts.

• In addition, the Calculation Agent shall cause details of each change in the Interest Bearing Amount of each Note to be notified to the Issuer promptly after the applicable Interest Determination Date.

• Reference Price : With respect to each Reference Obligation, 100 per cent.2. Fixed Payments: Fixed Rate Payer Calculation Amount: The Interest Bearing Amount (as defined in the Notes) on the Interest Determination Date (as defined in the Notes) prior to the Fixed Rate Payer Payment Date.

• Payments of interest in respect of each Note will be calculated by reference to its Interest Bearing Amount which may be less than the Principal Amount Outstanding of such Note on the applicable Interest Determination Date.

• Trading gains are treated as offsets to losses, whether they are losses from trading or from Credit Events and/or FX Trigger Events.Trading gains and losses in a Reference Portfolio will impact the Interest Bearing Amount for a Series of Notes.The Counterparty, based on its own proprietary model will determine the amount of the trading gain or loss that would result from a proposed change in the Reference Portfolio referenced in the Swap Transaction and advise the Portfolio Manager of that amount.

• When the loss is determined, if the loss is less than 100 per cent., an adjustment will be made to the Interest Bearing Amount and, accordingly, in the amount of interest and/or principal, with the intention that the holders of that Series do not lose more interest or principal than they should.

More Definitions of Interest Bearing Amount

Interest Bearing Amount means in respect of any Interest Accrual Period an amount in the Relevant Currency per Note as determined by the Calculation Agent on the relevant Cut-off Date equal to the product of (a) the Denomination of the relevant Note (adjusted as provided in Condition 11 in respect of each Early Redemption where the Notes are each redeemed in part) and (b) 100% minus the Notional Reduction Amount.

Interest Bearing Amount means, in respect of any Interest Accrual Period, the outstanding principal amount of this Note or such other interest bearing amount as is specified in the Pricing Conditions.

Interest Bearing Amount means, in respect of an Interest Payment Date, an amount in the Specified Currency as determined by the Calculation Agent equal to the product of (i) SD and (ii) 100 per cent. minus the Notional Reduction Amount in respect of the Cut-off Date in respect of such Interest Payment Date.

Interest Bearing Amount means in respect of any Interest Accrual Period an amount in the Relevant Currency per Note as determined by the Calculation Agent on the relevant Cut-off Date equal to the product of (a) the Denomination of the relevant Note and (b) 100 per cent. minus the Notional Reduction Amount.