Floating Interest Rate Period definition

Floating Interest Rate Period means the period specified as such in the relevant Pricing Schedule.
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Floating Interest Rate Period means, in respect of Fixed to Floating Rate Notes, the period from, and including, the Last Specified Interest Payment Date (Fixed) to, but excluding, the Redemption Date.
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Floating Interest Rate Period means each period beginning on (and including) a Floating Interest Rate Payment Date (except in the case of the first Floating Interest Rate Period, where it shall be the period from (and including) the Floating Interest Rate Commencement Date) to (but excluding) the following Floating Interest Rate Payment Date (except in the case of the last Floating Interest Rate Period, where it shall be the period to (but excluding) the Maturity Date);
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Examples of Floating Interest Rate Period in a sentence

  • The contributions to the scheme are charged to the statement of profit and loss in the period when the contributions to the funds are due.Superannuation Fund is a defined contribution scheme and contributions to the scheme are charged to the statement of profit and loss in the period when the contributions are due.

  • During the Floating Interest Rate Period, Holders of Fixed to Floating Rate Notes are exposed to the risk of chang- ing interest rates and uncertain interest income.

  • This Condition 7.3 is applicable from the Floating Interest Rate Period Commencement Date.

  • On each Interest Determination Date, namely the second Business Day before the commencement of the Floating Interest Rate Period for which the rate will apply, the Calculation Agent will determine the Reference Rate (as defined below) as at or about 11.00a.m. (Brussels time) on the Interest Determination Date in question.


More Definitions of Floating Interest Rate Period

Floating Interest Rate Period means each period from (and including) [last Fixed Interest Payment Date] to (but excluding) the first Floating Interest Payment Date and from (and including) each Floating Interest Payment Date to (but excluding) the following Floating Interest Payment Date.
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Floating Interest Rate Period means the period specified as such in the relevant Final Terms.
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Floating Interest Rate Period means, from (and including) the Floating Interest Rate Commencement Date, each 12 month period beginning on (and including) an Interest Payment Date to (but excluding) the next Interest Payment Date;
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Related to Floating Interest Rate Period

  • Floating Interest Rate means the variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the 5th decimal place if necessary) plus the Margin. However, in no event will the Floating Interest Rate exceed the Capped Interest Rate.

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on March 20, 2020 and ending on and including June 19, 2020, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Rate Period has the meaning set forth in the Statement.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Weekly Rate Period means any period of time during which a Group of 2021 Series A Variable Rate Bonds bears interest at the Weekly Rate.

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including March 31 in the fifth year thereafter.

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.