Examples of Fixed Rate Determination Date in a sentence
The Calculation Agent will, on the second business day prior to each Fixed Rate Determination Date, determine the applicable Reset Distribution Rate or (if a Cessation/ Suspension of Trading Event has occurred) the applicable Distribution Rate payable in respect of each Perpetual Security.
The Calculation Agent will, on the second business day prior to each Fixed Rate Determination Date, determine the applicable Reset Distribution Rate payable in respect of each Perpetual Security.
The Administrator will not notify any CMBX Member of, or otherwise publicize, the fixed rates for the new CMBX Indices until after 5:00 p.m. on the Fixed Rate Determination Date, at which time the Administrator will promptly notify the Eligible CMBX Members and publicly disseminate (through its website or as otherwise agreed between CDS and the Administrator) such fixed rates.
The Agent Bank will, on the second business day prior to each Fixed Rate Determination Date, determine the applicable Distribution Rate or Reset Distribution Rate payable in respect of each Perpetual Security.
For this purpose, the following terms shall have the following meanings: Applicable Spread" shall be the lowest Bid, expressed as a spread (in the form of a percentage or in basis points) above the Base Rate for the ROARS, obtained by the Remarketing Dealer at 3:30 p.m., New York City time, on the Fixed Rate Determination Date from the Bids quoted to the Remarketing Dealer by five Reference Corporate Dealers.