Examples of Extended Interest Period in a sentence
The Calculation Agent will, on or as soon as practicable after each time at which the Extended Rate of Interest is to be determined, determine the Extended Rate of Interest and calculate the amount of interest (the "Extended Interest Amount") payable on the Notes in respect of the Specified Denomination for the relevant Extended Interest Period.
If this § 5 (1d)(a) is to be applied on the first Extended Interest Determination Date prior to the commencement of the first Extended Interest Period, the Extended Reference Rate applicable to the first Extended Interest Period shall be [●] per cent.
In this Condition 3.3, the period from and including an Extended Interest Payment Date (or, in respect of the first such period, the Maturity Date) to but excluding the next following Extended Interest Payment Date is referred to as an Extended Interest Period.
Each Extended Interest Amount and Extended Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of an extension or shortening of the Extended Interest Period.
For these purposes: Extended Daily Interest Amount means, in respect of a day in the Extended Interest Period, an amount equal to the quotient of (i) the product of (A) the sum of (1) the Outstanding Principal Amount and (2) the Upside Participation and the USD-LIBOR Overnight Rate on such date; and (ii) 360.
Extended Interest Period means the period from and including 15th March, 2014 to but excluding the final Interest Payment Date.
The rate of interest payable from time to time in respect of the Outstanding principal amount of the Notes on each Extended Interest Payment Date (the Extended Rate of Interest) will be as specified in the applicable Final Terms and, where applicable, determined by the Agent in accordance with Condition 4.2(d), two Payment Days (as defined in Condition 5.5) after the Maturity Date in respect of the first Extended Interest Period and thereafter as specified in the applicable Final Terms.
Each Extended Interest Amount and Extended Interest Payment Date so notified may subsequently be amended (or appropriate alternativearrangements made by way of adjustment) without notice in the event of an extension or shortening of the Extended Interest Period.
MPP Daryl Kramp noted how Eastern Ontario is well represented in Cabinet and brought greetings on behalf of the Premier.
Such interest will be payable by the Issuer in arrears on the Extended Interest Payment Date in an amount determined by the Calculation Agent as being equal to the sum for each day in the Extended Interest Period of the product of (a) the Calculation Amount per Notes on such day, (b) the Issuer's overnight deposit rate for deposits in the Settlement Currency for such day and (c) the applicable Day Count Fraction.