Stated redemption price at maturity definition

Stated redemption price at maturity means the sum of all payments to be received on a Note other than payments of qualified stated interest (defined generally as stated interest that is unconditionally payable at least annually at a single fixed rate or in the case of a variable rate debt instrument, at a rate or combination of rates meeting certain specified criteria). Unless otherwise specified, Metropolitan Life Insurance Company expects interest on a Note to be treated as qualified stated interest.
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Stated redemption price at maturity means the sum of all payments to be made on a note other than payments of “qualified stated interest.” “Qualified stated interest” generally means stated interest that is unconditionally payable at least annually at a single fixed rate or, in the case of a variable rate debt instrument (as defined below), at a single qualified floating rate or single objective rate (as such terms are defined below).
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Stated redemption price at maturity generally means the sum of all payments to be made on a Note other than payments of "qualified stated interest". "Qualified stated interest" generally means stated interest that is unconditionally payable at least annually at a single fixed rate, or in the case of a variable rate debt instrument (as defined below), at a single qualified floating rate or single objective rate (as such terms are defined below). If a Note is a variable rate debt instrument but interest is payable at a rate other than a single qualified floating rate or a single objective rate, the special rules that apply will be described in the applicable Final Terms.
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Examples of Stated redemption price at maturity in a sentence

  • VariableFixed rate Variable rate10 Interest payment datesInflation-indexed Contingent payment9c Contingent 11 Amount of OID for entire issue12 Yield to maturity13 Stated redemption price at maturity of the entire issue.

  • Stated redemption price at maturity The term "stated redemption price at maturity" has the meaning given such term by section 1273(a)(2).

  • Nevertheless, Ahooy Creative was also described to be attention-seeking, unfamiliar, confusing, expensive, volatile, and arrogant.

  • B de t e r m i n es t ha t h is ra t a ble m o n t h l y po r t io n is $10, co m p u t ed a s follows: 26 CFR Ch. I (4–1–04 Edition) (1) Stated redemption price at matu-rity $10,000(2) Minus: B’s cost $9,040(3) Excess $960(4) Divide by: Number of months from date of purchase to statedmaturity date ..................................

  • Describe (see instructions) } 11a 11b 11c 11d 11e 11f 11g 11h 11i 11j 11k 11l 11m 12 13 14 15 16 17 18 19 20 Part III Description of Bonds (Complete for the entire issue for which this form is being filed.) 21 (a) Final maturity date (b) Issue price (c) Stated redemption price at maturity (d) Weighted average maturity (e) Yield $$years%For Paperwork Reduction Act Notice, see page 4 of the separate instructions.Cat.

  • Stated redemption price at maturity The term “stated redemption price at maturity” has the meaning given such term by section 1273(a)(2).

  • C de t e r m i n es t ha t h is ra t a ble m o n t h l y po r t io n is $5, co m p u t ed a s follows:(1) Stated redemption price at matu-rity $10,000(2) Minus: C’s cost $9,940(3) Excess ..........................................

  • B de t e r m i n es t ha t h is ra t a ble m o n t h l y po r t io n is $10, co m p u t ed a s follows: (1) Stated redemption price at matu-rity $10,000(2) Minus: B’s cost $9,040(3) Excess $960(4) Divide by: Number of months from date of purchase to statedmaturity date ..................................


More Definitions of Stated redemption price at maturity

Stated redemption price at maturity means the sum of all payments to be received on a Note other than payments of “qualified stated interest” (defined generally as stated interest that is unconditionally payable at least annually at a single fixed rate or, in the case of a variable rate debt instrument, at a "qualified floating rate," an "objective rate," a combination of a single fixed rate and one or more "qualified floating rates" or one "qualified inverse floating rate," or a combination of "qualified floating rates" that generally does not operate in a manner that accelerates or defers interest payments on such Note).
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Stated redemption price at maturity means the sum of all payments, other than “qualified stated interest”, provided by such Bond; “qualified stated interest” is stated interest that is unconditionally payable in cash or property (other than debt instruments of the issuer) at least annually at a single fixed rate; and “de minimis amount” is an amount equal to 0.25 percent of the Bond’s stated redemption price at maturity multiplied by the number of complete years to its maturity. A holder may irrevocably elect to include in gross income all interest that accrues on a Bond using the constant-yield method, subject to certain modifications.
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Related to Stated redemption price at maturity

  • Optional Redemption Price means $25,000 per share plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends plus any applicable redemption premium attributable to the designation of a Premium Call Period.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Minimum Redemption means, in relation to the Euro RDR ‘Retail’ Unhedged Accumulation Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Early Redemption Amount (k means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.