Examples of First Reset Period in a sentence
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.
If the Partnership, in its sole discretion, does not designate a Designee or if the Designee determines that there is no industry-accepted successor rate, then the Five-year U.S. Treasury Rate will be the same rate determined for the prior Reset Interest Determination Date or, if this sentence is applicable with respect to the first Reset Interest Determination Date, the applicable interest rate for the First Reset Period (as defined below) will be 8.000%.
If the Partnership, in its sole discretion, does not designate a Designee or if the Designee determines that there is no industry-accepted successor rate, then the Five-year U.S. Treasury Rate will be the same rate determined for the prior Reset Interest Determination Date or, if this sentence is applicable with respect to the first Reset Interest Determination Date, the applicable interest rate for the First Reset Period (as defined below) will be 7.125%.