Examples of Coupon Period in a sentence
Notwithstanding the foregoing, not later than 20 days prior to an Optional Reset Date, the Company may, at its option, revoke the coupon rate provided for in the Reset Notice and establish a coupon rate that is higher than the coupon rate provided for in the Reset Notice for the Subsequent Coupon Period commencing on such Optional Reset Date by causing the Trustee to mail by first-class mail notice of such higher coupon rate to the Holder of this Note.
All Notes of this series with respect to which the coupon rate is reset on an Optional Reset Date will bear such higher coupon rate for the Subsequent Coupon Period.
All Notes with respect to which the coupon rate is reset on an Optional Reset Date will bear such higher coupon rate for the Subsequent Coupon Period.
The “Variable Base Rate” for each Coupon Period will be the product of (i) the 30 Year CMS Rate on the related CMS Determination Date minus the 2 Year CMS Rate on the related CMS Determination Date (the “CMS Reference Spread”) and (ii) the Multiplier, subject to the Maximum Coupon Rate and the Minimum Coupon Rate.
Provided that on the first day of the first Coupon Period USD-LIBOR-BBA shall be an interpolated rate calculated with reference to the period from (and including) the Closing Date to (but excluding) the first Payment Date.