Benchmark Rate Modification Certificate definition

Benchmark Rate Modification Certificate has the meaning given to it in Condition 15 (Amendments to the Conditions and Benchmark Rate Modification).
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Benchmark Rate Modification Certificate means a certificate certifying that:
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Benchmark Rate Modification Certificate has the meaning given to that term in Notes Condition 11(f) (Modification and Waiver in relation to the Screen Rate);
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Examples of Benchmark Rate Modification Certificate in a sentence

  • The rationale for the proposed Note Rate Maintenance Adjustment and, where relevant, any deviation from the Market Standard Adjustments, shall be set out in the Benchmark Rate Modification Certificate and the Benchmark Rate Modification Noteholder Notice.

  • The Security Trustee shall, subject to the provisions of this Condition 16, be obliged to concur with the Issuer in making any Benchmark Rate Modification, provided that the Issuer and the Rate Determination Agent deliver a Benchmark Rate Modification Certificate to the Security Trustee (copied to the Paying Agent), upon which the Security Trustee and the Paying Agent shall rely absolutely without further investigation.

Related to Benchmark Rate Modification Certificate

  • Perfection Certificate is defined in Section 5.1.

  • Permit modification means a revision to a Title V operating permit that cannot be accomplished under the provisions for administrative permit amendments found at rule 567—22.111(455B). A permit modification for purposes of the acid rain portion of the permit shall be governed by the regulations pertaining to acid rain found at rules 567—22.120(455B) to 567—22.147(455B). This definition of “permit modification” shall be used solely for purposes of this chapter governing Title V operating permits.

  • Interest Rate Protection Agreement means any interest rate swap agreement, interest rate cap agreement, interest collar agreement, interest rate hedging agreement or other similar agreement or arrangement.