Periodic Distribution Amount definition

Periodic Distribution Amount means, in relation to a Certificate and a Return Accumulation Period, the amount of profit distribution payable in respect of that Certificate for that Return Accumulation Period which amount may be a Fixed Amount, a Broken Amount or an amount otherwise calculated in accordance with this Condition 6 or Condition 7; and

Periodic Distribution Amount means, in relation to a Certificate and a Return Accumulation Period, the amount of profit distribution payable in respect of that Certificate for that Return Accumulation Period which amount may be a Fixed Amount, a Broken Amount or an amount otherwise calculated in accordance with Condition 8 (Fixed Periodic Distribution Provisions) or Condition 9 (Floating Periodic Distribution Provisions);

Periodic Distribution Amount means the amount of profit payable to Certificateholders in accordance with Condition 8 (Periodic Distribution Amounts);

Examples of Periodic Distribution Amount in a sentence

• The Calculation Agent will, as soon as practicable after the time at which the Rate is to be determined in relation to each Return Accumulation Period, calculate the Periodic Distribution Amount payable in respect of each Certificate for such Return Accumulation Period.

• The Calculation Agent will be entitled to recalculate any Periodic Distribution Amount (on the basis of the foregoing provisions) without notice in the event of an extension or shortening of the relevant Return Accumulation Period.

• The Calculation Agent will, as soon as practicable after the time at which the Rate is to be determined in relation to each Return Accumulation Period, calculate the Periodic Distribution Amount payable in respect of each Trust Certificate for such Return Accumulation Period.

• Each such amount of profit is referred to in these Conditions as a Periodic Distribution Amount.

• Each Dissolution Amount and each Periodic Distribution Amount will be paid to the holder shown on the Register at the close of business on the relevant Record Date.

More Definitions of Periodic Distribution Amount

Periodic Distribution Amount means, in relation to a Trust Certificate and a Periodic Distribution Period, the amount of profit payable in respect of that Trust Certificate for that Periodic Distribution Period, as determined by the Calculation Agent in accordance with the Conditions;

Periodic Distribution Amount means, for each Periodic Distribution Period, an amount calculated as follows: where: P

Periodic Distribution Amount means, in relation to a Trust Certificate and a Return Accumulation Period, the amount of profit distribution payable in respect of that Trust Certificate for that Return Accumulation Period;

Periodic Distribution Amount has the meaning given to it in Condition 7.2 (Periodic Distribution Amounts);

Periodic Distribution Amount has the meaning given to it in Condition 7.2; Prevailing Face Amount means, in respect of a Certificate, the initial face amount of such Certificate as reduced by a Write-down of such Certificate (on one or more occasions) at or prior to such time pursuant to Condition 11; Proceedings has the meaning given to it in Condition 20.5; Profit Rate means, in respect of the Initial Period, the Initial Periodic Distribution Rate, and, in respect of each Reset Period thereafter, the rate calculated in accordance with the provisions of Condition 7.4(a);

Periodic Distribution Amount has the meaning given to it in Condition 7(a);

Periodic Distribution Amount. ’ means for each Periodic Distribution Date, an amount equal to the product of: