Calculation Term definition

Calculation Term means the 13 Periods immediately preceding each Periodic Liability Date;
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Calculation Term means the 13 Periods (as defined in Schedule 7) immediately preceding each Periodic Liability Date;
Sample 1

Examples of Calculation Term in a sentence

  • The Train Operator shall not be entitled to make a claim for Relevant Losses pursuant to this paragraph 18: if and to the extent that it has previously recovered those Relevant Losses whether under this paragraph 18 or otherwise; or in relation to any Calculation Term or part of it that precedes the Transition Date as referred to in clause 19.

Related to Calculation Term

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • 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 Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date, in respect of the first Subsequent Reset Period, the second Business Day prior to the Second Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

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

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Base Year means the period set forth in Section 5 of the Summary.