Maximum Coupon definition

Maximum Coupon means the product of the Maximum Coupon Rate and the Principal Amount.
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Maximum Coupon. Strip: An amount equal to the product of (i) one-twelfth of 1.00% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans with original terms to maturity in excess of 30 years.
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Examples of Maximum Coupon in a sentence

  • The Coupon shall equal a maximum of the Maximum Coupon and/or a minimum of the Minimum Coupon, if specified in the Final Terms.

  • The earned income deduction from OKDHS Appendix C-3, Maximum Coupon Allotments and Standards for Deductions, Maximum Income and Utilities (Food Stamps) applies to the prorated income attributed to the household if it was earned by the disqualified member.

  • The “Variable Base Rate” for each Coupon Period will be the product of (i) the 30 Year CMS Rate on the related CMS Determination Date minus the 2 Year CMS Rate on the related CMS Determination Date (the “CMS Reference Spread”) and (ii) the Multiplier, subject to the Maximum Coupon Rate and the Minimum Coupon Rate.

  • If the Coupon Rate is subject to a floor, the Coupon Rate is also subject to the Minimum Coupon Rate if the Coupon Rate is subject to a cap, the Coupon Rate is also subject to the Maximum Coupon Rate.

  • The Notes pay interest (i) in the first two years, at a fixed rate of 9.00% per annum and (ii) after the first two years to maturity or early redemption by us, at the Variable Rate per annum described below, subject to the Maximum Coupon Rate of 10.00% per annum and the Minimum Coupon Rate of 0.00% per annum.

  • This Annual Report commemorates the Commission’s 112 continuous years of service in managing the Charter-mandated civil service merit system for public employment in the City and County of San Francisco.

  • As in IDA18, if the Maximum Coupon Rate for a particular currency is negative, in addition to the option above (i.e., having a higher CPL coupon rate and making up for the difference in resulting grant element through a “buydown” grant), CPL providers would have the additional option of providing a CPL with zero percent coupon rate and making up for the difference in resulting grant element through a larger CPL.

  • If specified in the Final Terms, the Coupon is, however, limited to the Maximum Coupon.

  • THEREFORE, FOLLOWING THE FIXED RATE CUTOFF DATE, YOU MAY NOT RECEIVE ANY COUPON PAYMENT ON ONE OR MORE COUPON PAYMENT DATES.Moreover, with respect to each Coupon Payment Date following the second Coupon Payment Date, if the Variable Coupon Rate for the corresponding Coupon Period exceeds the Maximum Coupon Rate, on such Coupon Payment Date you will receive only a Coupon Payment based on the Maximum Coupon Rate and will not benefit from any excess of the Variable Coupon Rate above the Maximum Coupon Rate.

  • Following the Fixed Coupon Rate Cutoff Date, the Notes pay interest at the Variable Rate per annum described below, subject to the Maximum Coupon Rate of [7.25 – 8.00]% per annum and the Minimum Coupon Rate of 0.00% per annum.

Related to Maximum Coupon

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000).

  • Maximum Commitment means initially the amount specified in item 4 on Schedule A, as such amount may be reduced from time to time in accordance with Section 2.04(a).

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Weighted Average Coupon means, with respect to Fixed Rate Obligations (excluding Defaulted Loans), as of any date, the number obtained by:

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any date of determination if the Weighted Average Coupon equals or exceeds 8.0%.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Maximum Advance Amount in respect of each Advance Notice means the greater of: (i) an amount equal to 100% of the average Daily Traded Amount during the five Trading Day immediately preceding an Advance Notice, or (ii) 5,000,000 Common Shares.

  • Maximum mass means the maximum mass stated by the vehicle manufacturer to be technically permissible (this mass may be higher than the "permissible maximum mass" laid down by the national administration).

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Minimum Collateral Amount means, at any time, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 103 % of the Fronting Exposure of all LC Issuing Banks with respect to Letters of Credit issued and outstanding at such time and (ii) otherwise, an amount determined by the Administrative Agent and the LC Issuing Banks in their sole discretion.