CMT Interest Determination Date definition

CMT Interest Determination Date means, in relation to a particular Interest Reset Date, the second Business Day immediately preceding such Interest Reset Date.
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CMT Interest Determination Date. ’ means, in relation to a particular Interest Reset Date, the second Business Day immediately preceding such Interest Reset Date.
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Examples of CMT Interest Determination Date in a sentence

  • However, if fewer than five but more than two prices referred to above are provided as requested, the CMT Rate on the applicable CMT Interest Determination Date will be calculated by the Calculation Agent based on the arithmetic mean of the bid prices obtained, and neither the highest nor the lowest of the quotations will be eliminated.

  • If fewer than five but more than two prices referred to above are provided as requested, the rate will be calculated by the Calculation Agent based on the arithmetic mean of the bid prices obtained, and neither the highest nor the lowest of the quotations will be eliminated, or if fewer than three prices referred to above are provided as requested, the CMT Rate will be the CMT Rate in effect on the applicable CMT Interest Determination Date.

  • If fewer than five but more than two of the prices referred to above are provided as requested, the rate on the applicable CMT Interest Determination Date will be calculated by the Calculation Agent based on the arithmetic mean of the bid prices obtained, and neither the highest nor the lowest of the quotations shall be eliminated.

  • If the Interest Rate Basis specified on the face hereof is CMT Rate, the interest rate determined with respect to the CMT Interest Determination Date shall be the CMT Rate plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any, as specified on the face hereof, as determined on such CMT Interest Determination Date.

  • If the Base Rate is the CMT Rate, the Base Rate that takes effect on any Interest Reset Date shall equal the CMT Rate on the second Business Day immediately preceding such Interest Reset Date (the "CMT Interest Determination Date").

  • If the Interest Rate Basis of this Security is the CMT Rate, the interest rate hereon for any CMT Interest Determination Date shall equal the rate displayed on the Designated CMT Moneyline Telerate Page (as defined below) under the heading ".

  • If the Base Rate is the CMT ------------------------- Rate, the Base Rate that takes effect on any Interest Reset Date shall equal the CMT Rate on the second Business Day immediately preceding such Interest Reset Date (the "CMT Interest Determination Date").

  • If the Interest Rate Basis specified on the face hereof is the CMT Rate, the interest rate determined with respect to any CMT Interest Determination Date will be the CMT Rate on such CMT Interest Determination Date plus or minus the Spread, if any, and/or multiplied by the Spread Multiplier, if any, as specified on the face hereof.

  • Mondays Approximately 3:45 p.m. EDT," for the applicable CMT Interest Determination Date (or such other page as may replace that page on such.service for the purpose of displaying rates or prices comparable to the CMT Rate, as determined by the Calculation Agent).

  • If such rate is no longer displayed on the relevant page or is not displayed by 3:00 P.M., New York City time, on the Calculation Date pertaining to such CMT Interest Determination Date, then the CMT Rate with respect to such CMT Interest Determination Date will be the treasury constant maturity rate for the Designated CMT Maturity Index as published in the relevant H.15(519).