Interest Calculation Amount definition

Interest Calculation Amount means the amount specified as such in the relevant Final Terms.

Interest Calculation Amount means the amount which the Issuer determines that a holder of the Specified Nominal Amount of the Reference Obligation would receive for the relevant interest period in respect of the Reference Obligation. Such amount shall be net of all taxes including withholding taxes (if any), duties, fees or commissions payable by a holder of the Reference Obligation.

Interest Calculation Amount means, in relation to a Note, the amount by reference to which interest on that Note is calculated and, if not otherwise specified, will be the outstanding principal amount of that Note as at the last day of the relevant Interest Calculation Period.

Examples of Interest Calculation Amount in a sentence

• Each Interest-bearing Note bears Interest on its Interest Calculation Amount (as at the relevant Interest Payment Date) from the Interest Commencement Date on the Interest Basis.

• Each Interest Amount will be calculated by multiplying the product of the Interest Rate and the Interest Calculation Amount of the relevant Note by the Day Count Fraction, unless an Interest Amount or a formula for its calculation is specified, in which case such amount or formula will apply.

• Floating Amounts IFloating Rate PayerCalculation Amount:With respect to each Floating Rate Payer Calculation Period,an amount determined on the last Business Day of that Floating Rate Payer Calculation Period to be equal to the Interest Calculation Amount of the Securities for the corresponding Interest Period.

• The amount of interest payable in respect of any Note for any Interest Period shall be calculated by multiplying the product of (i) the relevant Interest Rate, (ii) the applicable Interest Calculation Amount and (iii) the relevant Day Count Fraction.

• Floating Amounts IFloating Rate Payer CalculationAmount:With respect to each Floating Rate Payer Calculation Period,an amount determined on the last Business Day of that Floating Rate Payer Calculation Period to be equal to the Interest Calculation Amount of the Securities for the corresponding Interest Period.

More Definitions of Interest Calculation Amount

Interest Calculation Amount means, with respect to any day in any Interest Period, an amount, calculated by the Calculation Agent, equal to (a) the Calculation Amount on such day, divided by (b) the Number of Notes.

Interest Calculation Amount means the aggregate outstanding principal amount of the Notes then outstanding less the Portfolio Tranche Loss, subject to a minimum of zero.

Interest Calculation Amount. With respect to any portion of a Mortgage Loan contributing to a Cashflow Group and any date of determination, the product of (a) the Non-PO Percentage for such Mortgage Loan and Cashflow Group, (b) the product of the Principal Fraction for the portion of the Mortgage Loan contributing to such Cashflow Group and the Stated Principal Balance of such Mortgage Loan and (c) the Effective Net Mortgage Interest Rate of the portion of the Mortgage Loan contributing to such Cashflow Group.

Interest Calculation Amount means, in respect of each Security, its Specified Denomination as reduced following any partial pro rata repurchase of Securities pursuant to Condition 9 (Purchase).

Interest Calculation Amount means (i) for the purposes of sub-paragraph (i) above only, the Calculation Amount (as defined below); or (ii) for the purposes of sub- paragraphs (ii) and (iii) above only, the amount which the Issuer determines that a holder of the Specified Nominal Amount of the Reference Obligation would receive for the relevant interest period in respect of the Reference Obligation (net of all taxes

Interest Calculation Amount means, in relation to a Note, the amount by reference to which interest on that Note is calculated, and will be the outstanding principal amount of that Note.

Interest Calculation Amount means in respect of each Deferred Interest Period falling within (or part within) the period from the date hereof to the First Interest Payment Date (as defined in the definition of "Interest Payment Date"), the amount of interest which would, but for the extended First Interest Period, have been payable on each Principal Repayment Date falling within (and on the final day of) such period, calculated on the basis that:-