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.
Payment of the Partial Termination Value shall be deemed satisfied on the Early Termination Date by payment of the Additional Floating Amount pursuant to the terms of this Confirmation and/or the adjustment in the Party A's payment obligations following a reduction in the Interest Calculation Amount of the Securities, the Terminated Portion shall be deemed terminated and no further amounts shall be due between the parties in respect of the Terminated Portion.
In respect of such period, interest on each Note shall be determined by the Principal Paying Agent by applying the Deposit Rate or the Eligible Investment Interest Rate (as applicable as determined by the Calculation Agent), in each case as at 5.00 p.m. (London time), to the Modified Interest Calculation Amount on each calendar day of such period and the interest will be payable on the Final Maturity Date.
Where “ Variable Linked Interest – Pass Through (FX)” is specified as applicable in the Final Terms, the Interest Amount will be determined in accordance with the following formula: (Interest Calculation Amount divided by the Settlement Rate) divided by the RelevantPortion Provided that if a Disruption Event has occurred, the Interest Amount, if any, shall be adjusted in accordance with the Currency Annex and subject to the FX Break Costs adjustments pursuant to the Currency Annex.