Examples of Fallback Observation Day in a sentence

X.99 The Reserve Bank continued with its endeavour to reach out to a wide spectrum ofaudience through multiple channels, including social media and public awareness campaigns during the year.
First, a 3D BIM-based model was built using Autodesk Revit Architecture, as shown in Fig.
For the purposes of this [CDOR Floating Rate Note] and references to [Fallback Observation Day] in this [CDOR Floating Rate Note], references to “Business Days” will be to those Business Days ap- plicable for the purposes of the payment obligation which is calculated by ref- erence to this [CDOR Floating Rate Note] and references to an “Original IBOR Rate Record Day” are to that term as used on the Fallback Rate (CORRA) Screen.
After the CDOR Cessation Date, the Rate of Interest will, subject to the provisions of paragraph (vi) below as applicable, be determined as if references to CDOR were references to Fallback Rate (CORRA) for the Original IBOR Rate Record Day that corresponds to the first Toronto Business Day of a relevant Interest Accrual Period (each a "Reset Date"), as most recently provided or published as at 11:30 a.m., Toronto time, on the related Fallback Observation Day.
As RFRs are backward-looking, the fallback rate for that Reset Date will not be known until later in the Calculation Period, on the Fallback Observation Day.

More Definitions of Fallback Observation Day

Fallback Observation Day means, in respect of an interest reset date and the interest period (or any compounding period included in that interest period) to which that interest reset date relates, unless otherwise agreed, the day that is two Business Days preceding the related interest payment date.

Fallback Observation Day means, in respect of a Reset Date and the Interest Period to which that Reset Date relates, unless otherwise agreed, the day that is two Business Days preceding the related Interest Payment Date.

Fallback Observation Day means, in respect of a Reset Date and the Calculation Period (or any Compounding Period included in that Calculation Period) to which that Reset Date relates, unless otherwise agreed, the day that is five Business Days preceding the related Payment Date.". For the purposes of this sub-paragraph (A), "Floating Rate", "Calculation Agent", "Calculation Period", "Compounding Period", "Floating Rate Option", "Designated Maturity" and "Reset Date" have the meanings given to those terms in the ISDA Definitions. Unless otherwise stated in the applicable Final Terms the Minimum Rate of Interest shall be deemed to be zero.

Fallback Observation Day means, in respect of an Applicable Fallback Rate and unless otherwise agreed, the day that is two Business Days (as defined in the relevant Protocol Covered Document or, if that term is not defined therein, as defined in the 2021 Definitions and, in each case, for the purposes of the payment which is calculated by reference to that Applicable Fallback Rate) preceding the day on which payment by reference to that rate is due.

Fallback Observation Day means, in respect of an interest determination date and the interest period to which such interest determination date relates, the day that is two business days (as defined in the terms and provisions of the applicable series of CDOR Securities) preceding the related interest payment date for such interest period;