Benchmark Transition Designee definition

Benchmark Transition Designee means, with respect to any U.S. dollar denominated Floating Rate Covered Bonds calculated by reference to a USD Benchmark and a particular obligation to be performed in connection with the transition to a Benchmark Replacement, such investment bank of national standing in the United States as the Issuer may appoint, from time to time, to assist with any benchmark replacement determinations, including for greater certainty, an affiliate of the Issuer.
Benchmark Transition Designee means such investment bank of national standing in the United States as the Servicer may appoint, from time to time, to assist with any benchmark replacement determinations in respect of the Class A Notes.

Examples of Benchmark Transition Designee in a sentence

  • In connection with the implementation of a Benchmark Replacement with respect to any U.S. dollar denominated Floating Rate Covered Bonds calculated by reference to a USD Benchmark, the Issuer or the Benchmark Transition Designee will have the right, subject to satisfaction of the Benchmark Transition Event Conditions, to make Benchmark Replacement Conforming Changes with respect to any U.S. dollar denominated Floating Rate Covered Bonds from time to time.

  • Any determination, decision or election pursuant to the benchmark replacement provisions not made by the Benchmark Transition Designee will be made by the Issuer on the basis as described above.

  • The Benchmark Transition Designee shall have no liability for not making any such determination, decision or election absent bad faith or fraud.

  • Note that the host PCB have significant distance from the front of the cage.

  • In connection with the implementation of a CAD Benchmark Replacement with respect to any CAD dollar denominated Floating Rate Covered Bonds calculated by reference to a CAD Benchmark, the Issuer or the CAD Benchmark Transition Designee (after consulting with the Issuer) will have the right, subject to satisfaction of the CAD Benchmark Transition Event Conditions, to make CAD Benchmark Replacement Conforming Changes with respect to any CAD dollar denominated Floating Rate Covered Bonds from time to time.

  • Any determination, decision or election pursuant to the benchmark replacement provisions not made by the USD Benchmark Transition Designee will be made by the Issuer on the basis as described above.

  • In connection with the implementation of a USD Benchmark Replacement with respect to any U.S. dollar denominated Floating Rate Covered Bonds calculated by reference to a USD Benchmark, the Issuer or the USD Benchmark Transition Designee (after consulting with the Issuer) will have the right, subject to satisfaction of the USD Benchmark Transition Event Conditions, to make USD Benchmark Replacement Conforming Changes with respect to any U.S. dollar denominated Floating Rate Covered Bonds from time to time.

  • Any determination, decision or election pursuant to the benchmark replacement provisions not made by the SARON Benchmark Transition Designee will be made by the Issuer on the basis as described above.

  • Any determination, decision or election pursuant to the benchmark replacement provisions not made by the CAD Benchmark Transition Designee will be made by the Issuer on the basis as described above.

  • The CAD Benchmark Transition Designee shall have no liability for not making any such determination, decision or election absent bad faith or fraud.

Related to Benchmark Transition Designee

  • Benchmark Transition Start Date means, in the case of a Benchmark Transition Event, the earlier of (a) the applicable Benchmark Replacement Date and (b) if such Benchmark Transition Event is a public statement or publication of information of a prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date of such prospective event is fewer than 90 days after such statement or publication, the date of such statement or publication).

  • SOFR Benchmark Transition Event means the occurrence of a Benchmark Transition Event with respect to the then-current Benchmark;

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Global Development Plan has the meaning set forth in Section 3.1.

  • continuing professional development means the continuing professional development contemplated in section 32;

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • SOFR Benchmark Replacement Date means the Benchmark Replacement Date with respect to the then-current Benchmark;

  • Payment Initiation Service Provider or “PISP” means an authorised third party provider which provides a service that allows that third party to pass payment instructions to us on your behalf in relation to your Account.

  • Participating Clinical Professional Counselor means a Clinical Professional Counselor who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.

  • Transition Services Agreement means the transition services agreement substantially in the form attached hereto as Exhibit B.

  • Transition Date means the date on which this contract comes into effect for all purposes.

  • Non-Participating Clinical Professional Counselor means a Clinical Professional Counselor who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Non-Lead Securitization Determination Date means the “determination date” (or any term substantially similar thereto) as defined in the related Non-Lead Securitization Servicing Agreement.

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Transition Services means a coordinated set of activities for a child with a disability that:

  • Basic generation service transition costs means the amount by

  • Transitional Services means services involving technical or specialized knowledge required to complete a project or to provide temporary consulting services to the City.