Interest Observation Date definition

Interest Observation Date means the date falling such number of Business Days specified in the relevant Final Terms immediately preceding the first day of the relevant Interest Accrual Period and each such date shall be an Observation Date;

Interest Observation Date means, a Pre Rate Observation Date or a Post Rate Observation Date;

Interest Observation Date means each date falling such number of Business Days specified in the relevant Final Terms immediately preceding the first day of the relevant Interest Accrual Period. Where the Underlying Rate is an Underlying Benchmark Rate Level or an Underlying Spread Rate, each such date shall be deemed to be an Observation Date;

Examples of Interest Observation Date in a sentence

• References to an Interest Payment Date (t) shall be read as a reference to the Interest Payment Date related to the relevant Interest Observation Date (t).

• Standard Multi Fixed Digital Interest is applicable for all Interest Accrual Periods.The Linked Interest Rate is calculated as (a) if the Underlying Value is, on the relevant Interest Observation Date, equal to or greater than 60.00 per cent.

• Conversely, if the Reference Level on the Interest Observation Date is lower than or equal to the Reference Level on the Initial Valuation Date, the Interest Amount will be zero.If a Disruption Termination Event occurs, future payments of Interest Amounts will be equal to the Disruption Termination Event Annualised Amount, as determined by the Calculation Agent, which amount is linked to the Swap Value.

• Investors are exposed to the market risk of each Reference Asset on each Contingent Interest Observation Date (including the Final Valuation Date) and any decline in the value of one Reference Asset will not be offset or mitigated by a lesser decline or potential increase in the value of any other Reference Asset.

• If the Reference Level on the Interest Observation Date is greater than the Reference Level on the Initial Valuation Date, the Interest Amount will be positive.

More Definitions of Interest Observation Date

Interest Observation Date means, with respect to a Relevant Interest Calculation Period, the Interest Determination Date for such Relevant Interest Calculation Period.

Interest Observation Date means each [calendar day/business day/[insert weekly, monthly or quarterly dates]/[]] during the interest period [(subject to adjustment – see “Adjustments” in Element C.10 below)]. “Reference Item” means [insert description of Reference Item].

Interest Observation Date means, with respect to an Interest Payment Date, the day falling two Business Days prior to that Interest Payment Date.

Interest Observation Date means, in respect of an Interest Payment Date, the date specified in the same row as such Interest Payment Date in the column headed “Interest Observation Date” in the Dates Table set out in Schedule 2 heretosection 5 below, or if such date is not a Strategy Calculation Date, as determined the Calculation Agent, the first succeeding day immediately following such date that is a Strategy Calculation Date or, if no Strategy Calculation Date falls on or before the second Scheduled Trading Day in respect of the Underlying prior to such Interest Payment Date, the Interest Observation Date in respect of such Interest Payment Date shall be the first Strategy Calculation Date immediately preceding such date.

Interest Observation Date means each [calendar day/business day/[insert weekly, monthly or quarterly dates]/[]] during the interest period [(subject to adjustment – see “Adjustments” in Element C.10 below)]. “Reference Item” means [insert description of Reference Item]. “Reference Pricet” means, in respect of an interest observation date, the [level / price / [underlying] rate / value / [specify period] performance] of the Reference Item in respect of such interest observation date[, provided that Reference Pricet in respect of each interest observation date falling less than [] business days prior to the end of the relevant interest period shall be deemed to be the same as Reference Pricet in respect of the immediately preceding interest observation date] “Lower Barrier” = [[][Zero][%]/the [percentage/amount]specified for the relevant interest period in the Table below] “Specified Rate 1” = [[]%/the rate specified for the relevantinterest period in the Table below] “Specified Rate 2” = [[]%/Zero/the rate specified for therelevant interest period in the Table below] “Upper Barrier” = [[][%]/the [percentage/amount]specified for the relevant interest period in the Table below] [TABLE

Interest Observation Date means a day that is a Scheduled Trading Day for each Index in the Index Basket and which is not a Disrupted Day for any Index in the Index Basket.

Interest Observation Date means, with respect to an Interest Payment Date, the day falling two Business Days prior to that Interest Payment Date.(B) In respect of each Interest Payment Date from but excluding the Scheduled Maturity Date, (I) the lower of (x) the Relevant Proportion of the sum of the Daily Outstanding Amounts and (y) the Relevant Proportion of the sum of the Main Deposit, each for each day of the relevant Interest Period (each such day, also a Relevant Calculation Date) divided by (II) the actual number of days in such Interest Period.(ii) In addition to the payment of any interest as described in paragraphs 18(i)-(xiii) and 18(xiv)(i), following the occurrence of oneor more Final Valuation Notice Receipt Dates, the Issuer shall also pay to each Noteholder, on the relevant Payment Date, in respect of each Note, an amount by way of interest determined by the Calculation Agent in respect of each Final Valuation Notice Receipt Date and the corresponding Cash Settlement Amount equal to: