Examples of First Reset Period in a sentence
Each Reset Note bears interest on its Outstanding Principal Amount: (a) from (and including) the Interest Commencement Date to (but excluding) the First Reset Date, at the Initial Rate of Interest; (b) for the First Reset Period, at the First Reset Rate of Interest; and (c) for each Subsequent Reset Period thereafter (if any), at the relevant Subsequent Reset Rate of Interest, such interest being payable, in each case, in arrear on each Interest Payment Date.
September 2031 (dem "Ersten Step- Up Tag") (ausschließlich) fällt, entspricht der Anwendbare Zinssatz dem Referenzsatz für diesen Resetzeitraum zuzüglich 1,998 % per annum (die "Anfängliche Marge").(b) First Reset Period.
Reset Reference Rate Conversion:Not Applicable(xiv) Original Reset Reference Rate Payment Basis:Semi-annually(xv) First Reset Period Fallback Yield:0.150 percent(xvi) Fallback Relevant Time:Not Applicable(xvii) Day Count Fraction:30/360(xviii) Calculation Agent:U.S. Bank National Association17.
First Reset Period Fallback Rate: The Mid Swap Rate displayed on the Subsequent Reset Rate Screen Page at the then-latest time and date on which such Mid Swap Rate was so displayed, as determined by the Agent in consultation with the Issuer (or, failing any such determination, -0.314 per cent.).