Day Count Basis definition

Day Count Basis means 30/360, Actual/360, Actual/365 (Fixed), Actual/Actual (accrual basis), Actual/Actual (ISMA) or Actual/Actual (payment basis), as applicable, or any other day count basis set forth in the Remarketing Terms Notice.
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Day Count Basis means, if "Compounding with Lockout" applies, the denominator of the Day Count Fraction that customarily applies for the Underlying Benchmark of the relevant Reference Rate and which is either 365 or 360;
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Day Count Basis means the number specified as such in the applicable Conditions Supplement or, if not so specified in the applicable Conditions Supplement, the denominator of the Day Count Fraction specified in the applicable Conditions Supplement;
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Examples of Day Count Basis in a sentence

  • The Interest Amount must be calculated by the Issuing Agent, Registrar or other person appointed for that purpose referred to in the relevant Pricing Supplement by applying the Interest Rate to the Outstanding Principal Amount of each applicable Interest Bearing Note, multiplying such sum by the relevant Day Count Basis for the relevant Interest Period and rounding the resultant figure to the nearest cent (half a cent being rounded upwards).

  • Day Count Basis 30/360 Business Days London, New York, and TARGET Settlement Day USD Leg USD Fixed Leg Payer counterparty Coupon 3.10625 percent Payment Dates 07 January and 07 July in each year, from and including 07 January 2021 to and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention and there will be No Adjustment to the Calculation Period.

  • Business Day Convention: Business Day: Following For Payment Dates: [London,] New York, Delaware, Illinois and Michigan For Reset Dates: London Floating Rate Option: USD-LIBOR-BBA Designated Maturity: 1 Month Spread: Floating Rate Day Count: Basis: Reset Dates: Actual/360 Compounding: The first day of each Calculation Period.

  • Business Day Convention: Following Business Day: [London,] New York, Delaware, Illinois and Michigan Fixed Rate: % Fixed Rate Day Count Basis: 30/360 Floating Amounts: Floating Rate Payer: Party A Calculation Period End Dates: Monthly on the of each month, commencing , 200[ ], through and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention.

  • Coupon Payment Dates: Each 7 March and 7 September each year up until Maturity DateNext Coupon Payment Date: Business Day Conventions: 7 September 2011 Sydney / Melbourne, Following Day Count Basis: RBA Bond Basis ISIN: AU3CB0171726 Common Code: 060146144 Important NoticeThis summary document was prepared by National Australia Bank.

  • Coupon Rate: 10.25% p.a. Cash Flow Item N ote: Please refer to Day Count Basis and Business Day Convention specified in the chapter ‘IssueDetails’ of this Information Memorandum.

  • Day Count Basis 30/360 unadjusted Business Days Following (TARGET, New York) USD Leg USD Fixed Leg Payer JPMorgan Chase Bank NA (Bank Counterparty) Coupon 3.07% Payment Dates Semi-annually on July 07 and January 07 beginning on July 07, 2021 (long first coupon) through and including the termination date.

  • Actual Distribution Rate: • This is the actual distribution rate for the Scheduled Tenor ofan ELI (Call Option), being the Annualised Distribution Rate x Scheduled Tenor / Day Count Basis (calculated to 4 decimal places, 0.00005 being rounded upwards).Day Count Basis: • The denominator used to calculate the Distribution Amount.The Day Count Basis will be 365.

  • Day Count Basis 30/360 unadjusted Business Days Following (TARGET, New York) Initial and Final Exchanges Swap Effective Date Bank Counterparty pays the Purchaser 5,000.000 EUR Purchaser pays Bank Counterparty $5,850,000 USD Swap Termination Date Bank Counterparty pays Purchaser 5,850,000 USD Purchaser pays Bank Counterparty 5,000,000 EUR LIST OF QUALIFIED ASSETS Ontario (OR) Americold Realty, Inc.

  • Coupon Type Fixed Coupon Reset N.A. Day Count Basis Interest shall be computed on an “actual/actual basis”.


More Definitions of Day Count Basis

Day Count Basis means, if "OIS Compounding" applies, in respect of a Reference Rate, the denominator of the Day Count Fraction that customarily applies for the Underlying Benchmark of the Reference Rate and which is either 365 or 360.
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Day Count Basis means, in respect of the calculation of an amount of interest in accordance with this Condition:
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Day Count Basis means 30/360, Actual/360, Actual/365 (fixed), Actual/Actual (accrual basis) or Actual/Actual (payment basis), as applicable.
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Day Count Basis means the day count basis specified as such in the Confirmation, being 365.
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Day Count Basis means 30/360, actual/360, actual/365 (Fixed), actual/actual (accrual basis), actual/actual (ISMA) or Actual/Actual (payment basis), as applicable, or any other day count basis set forth in the Remarketing Terms Notice.
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Day Count Basis means 365 days.
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Related to Day Count Basis

  • Day Count Fraction means, in respect of the calculation of an amount of interest on any Note for any period of time (from and including the first day of such period to but excluding the last) (whether or not constituting an Interest Period or an Interest Accrual Period, the “Calculation Period”):

  • Business Day Convention means the first following day that is a Business Day unless that day falls in the next calendar month, in which case that date will be the first preceding day that is a Business Day.

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • Preceding Business Day Convention means that the relevant date shall be brought forward to the first preceding day that is a Business Day;

  • Modified Following Business Day Convention means that the relevant date shall be postponed to the first following day that is a Business Day unless that day falls in the next calendar month in which case that date will be the first preceding day that is a Business Day;

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Bond Equivalent Yield means a yield (expressed as a percentage) calculated in accordance with the following formula: Bond Equivalent Yield = D x N x 100 where “D” refers to the applicable per annum rate for Treasury Bills quoted on a bank discount basis and expressed as a decimal, “N” refers to 365 or 366, as the case may be, and “M” refers to the actual number of days in the applicable Interest Reset Period.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Following Business Day Convention means that the relevant date shall be postponed to the first following day that is a Business Day;

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.

  • Alternative Base Rate means the rate that has replaced LIBOR in customary market usage for determining floating interest rates in respect of bonds denominated in Dollars or, if the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines that there is no such rate, such other rate as the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines in its or the Issuer’s sole discretion is most comparable to LIBOR. If the Alternative Base Rate is determined, such Alternative Base Rate shall be the Alternative Base Rate for the remaining Interest Periods.