Specified Interest Amount definition

Specified Interest Amount means, in respect of an ETC Security, 1 per cent. of the Nominal Amount and which shall represent interest on the Nominal Amount payable by the Issuer as part of the Final Redemption Amount or Early Redemption Amount, as the case may be.
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Specified Interest Amount means the interest amount specified as such in § 1 (Product Data) of Part B (Product and Reference Asset Data) in relation to each Interest Payment Date.]
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Examples of Specified Interest Amount in a sentence

  • Specified Interest Amount Certificate Provisions:Not applicable21.

  • Due to the limited recourse nature of the ETC Securities, in respect of each ETC Security of a Series, in the event that the proceeds of liquidation of the Metal comprising the Metal Entitlement for such ETC Security is insufficient to fund the Nominal Amount and the Specified Interest Amount of such ETC Security in full, the holder of such ETC Security may not receive payment of the Nominal Amount and/or the Specified Interest Amount in full and may receive substantially less.

  • The result was highly significant (rs = 0.820, p ≤ 0.0005, one-tailed test).

  • In respect of Credit Linked Notes only, the Specified Interest shall be multiplied by the Specified Interest Amount Multiplier as so specified in the Specified Interest Amount provisions of the Issue Terms.

  • If the Specified Interest Amount Multiplier is specified in the Issue Terms as "Not applicable" the Specified Interest Amount Multiplier shall be deemed to be equal to 1.

  • On early or final redemption of the ETC Securities, a Specified Interest Amount may be payable by the Issuer as part of the Final Redemption Amount or Early Redemption Amount payable per ETC Security, as the case may be.StatusThe ETC Securities are secured, limited recourse obligations of the Issuer, and the ETC Securities of a Series rank equally amongst themselves.

  • Each Specified Interest Amount Note shall bear interest at an amount per Calculation Amount equal to the Specified Interest Amount as so specified in the Specified Interest Amount provisions of the Issue Terms which shall be payable on the relevant Specified Interest Payment Date(s) also specified thereon, adjusted, where applicable for any Business Day Convention.

  • In case of Securities with a Specified Interest Amount the respective Interest Amount is calculated as follows: the Specified Interest Amount (less an Interest Adjustment Amount, as the case may be) divided by the number of units of the Securities.

  • In respect of Credit Linked Notes only, the Specified Interest shall be multiplied by the Specified Interest Amount Multiplier as so specified in the Specified Interest Amount provisions of the Final Terms.

  • Specified Interest Amount Certificate Provisions:Not Applicable21.

Related to Specified Interest Amount

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;