Calculation Date definition

Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.
Calculation Date means each day on which the Underlying is traded on the Relevant Exchange.
Calculation Date has the meaning assigned thereto in the definition of Applicable Margin.

Examples of Calculation Date in a sentence

  • On each Calculation Date, the Administrative Agent shall (a) determine the Exchange Rate as of such Calculation Date and (b) give notice thereof to the Borrowers.

  • The Exchange Rate so determined shall become effective on such Calculation Date and shall remain effective until the next succeeding Calculation Date, and shall for all purposes relating to the Revolving Credit Commitments and the extensions of credit thereunder (other than as set forth below or in any other provision expressly requiring the use of a current Exchange Rate) be the Exchange Rate employed in converting amounts between Dollars and any Designated Foreign Currency.

  • The Borrower must maintain a minimum Debt Service Coverage Ratio of 1.40x (one point forty times), as long as there are unpaid balances derived from this Agreement, with the understanding that this obligation will be measured on each RCSD Calculation Date from after 12 (twelve) months of Project operation have elapsed.

  • On each Calculation Date, the Debt Service Coverage Ratio shall not be less than 1.50:1.00 (collectively, the “Debt Service Covenant”); provided, however, that the Debt Service Covenant may be tested at any time, in Xxxxxx’s sole discretion, following the occurrence of an Event of Default occurring or continuing after the initial Calculation Date.

  • The Calculation Agent shall calculate the interest rate on this Security in accordance with the foregoing on or before each Interest Calculation Date.


More Definitions of Calculation Date

Calculation Date has the meaning set forth in the definition ofFixed Charge Coverage Ratio.”
Calculation Date means each day on which the Reference Price is published by the Relevant Exchange.
Calculation Date has the meaning set forth in the definition of Applicable Percentage.
Calculation Date means the last day of each calendar quarter during the Term.
Calculation Date means the third Business Day (as defined in Condition 5(b)(i)) prior to the Make-whole Redemption Date;
Calculation Date means each day on which the Reference Pricei is published by the respective Relevant Exchangei.
Calculation Date means the last Business Day of each calendar month.