Minimum Rate of Interest definition

Minimum Rate of Interest means the minimum rate of interest specified as such in the applicable Final Terms or if no such rate is stated the minimum rate of interest shall be deemed zero.
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Minimum Rate of Interest means the rate of interest specified as such in the relevant Final Terms.
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Minimum Rate of Interest means the rate or percentage so specified in the relevant Pricing Supplement.
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Examples of Minimum Rate of Interest in a sentence

  • Unless otherwise stated in the applicable Final Terms the Minimum Rate of Interest shall be deemed to be zero.

  • Unless otherwise stated in the applicable Final Terms, the Minimum Rate of Interest shall be deemed to be zero.

  • If the applicable Pricing Supplement specifies a Minimum Rate of Interest for any Interest Period, then, in the event that the Rate of Interest in respect of such Interest Period determined in accordance with the provisions of paragraph (ii) above is less than such Minimum Rate of Interest, the Rate of Interest for such Interest Period shall be such Minimum Rate of Interest.

  • Where a different Margin or Maximum or Minimum Rate of Interest is to be applied to the relevant Interest Period from that which applied to the last preceding Interest Period, the Margin or Maximum or Minimum Rate of Interest relating to the relevant Interest Period shall be substituted in place of the Margin or Maximum or Minimum Rate of Interest relating to that last preceding Interest Period.

  • If the applicable Final Terms specifies a Minimum Rate of Interest for any Interest Period, then, in the event that the Rate of Interest in respect of such Interest Period determined in accordance with the provisions of paragraph (ii) above is less than such Minimum Rate of Interest, the Rate of Interest for such Interest Period shall be such Minimum Rate of Interest.


More Definitions of Minimum Rate of Interest

Minimum Rate of Interest means, in respect of a Tranche of Floating Rate Covered Bonds, the percentage rate per annum (if any) specified as such in the applicable Final Terms. If such rate is so specified, then the interest rate of such Floating Rate Covered Bonds will not be less than such rate even if it might otherwise be pursuant to the method of calculating the interest rate for such Floating Rate Covered Bonds. Unless otherwise specified in the applicable Final Terms, the Minimum Rate of Interest for the applicable Tranche shall be deemed to be zero.
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Minimum Rate of Interest means the rate specified in the relevant Final Terms or Tranche Prospectus, if applicable.
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Minimum Rate of Interest means any amount specified as such in the applicable Product and/or Pricing Supplement(s).
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Minimum Rate of Interest means the minimum amount of interest that can be charged under the Notes, as specified in the Final Terms (if any);
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Minimum Rate of Interest means, in respect of an Interest Period, such minimum rate of interest specified in Part A, Item 15(l) of the applicable Final Terms. Unless a higher Minimum Rate of Interest is specified in the applicable Final Terms, the Minimum Rate or Interest (which, for the avoidance of doubt, shall include any applicable margin specified in the relevant Final Terms) shall be deemed equal to zero.
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Minimum Rate of Interest means a percentage value specified as such in the applicable Final Terms which shall never be less than zero and, if not otherwise specified, shall be deemed to be zero.
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Minimum Rate of Interest means, in respect of any Series and Class of Notes, the rate of interest specified as such for such Notes in the applicable Final Terms;
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