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

  • It is important to remark that obtaining colourless glass is also possible, when the purple from the manganese just balances the yellow of the iron.

  • Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months to but excluding June 15, 2027, and, thereafter, interest will be computed on the basis of the actual number of days in a Floating Interest Rate Period and a 360-day year to but excluding the Maturity Date (unless redeemed prior to such date).

  • Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months to but excluding May 25, 2022, and, thereafter, interest will be computed on the basis of the actual number of days in a Floating Interest Rate Period and a 360-day year to but excluding the Maturity Date (unless redeemed prior to such date).

  • Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months to but excluding June 1, 2025, and, thereafter, interest will be computed on the basis of the actual number of days in a Floating Interest Rate Period and a 360-day year to but excluding the Maturity Date (unless redeemed prior to such date).

  • Investors should therefore be aware that the price received upon a sale of Fixed to Floating Rate Notes during the Fixed Rate Period may be considerably lower than the outstanding capital amount of such Notes.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.

  • 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.

  • Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months to but excluding October 15, 2025, and, thereafter, interest will be computed on the basis of the actual number of days in a Floating Interest Rate Period and a 360-day year to but excluding the Maturity Date (unless redeemed prior to such date).

  • Floating Interest Rate Period: From and including May 15, 2017, the LoTSSM will bear interest at an annual rate equal to three month LIBOR plus 2.385%, reset quarterly, payable quarterly in arrears on February 15, May 15, August 15 and November 15 of each year, beginning on August 15, 2017.

  • The termination will take effect on the date that is the first anniversary (the “Section 2(c)(ii)(A) End Date”) of the date that Seller delivered the written notice to Buyer in accordance with the preceding sentence.

  • Further, the Contractor shall indemnify and hold the City harmless for any liability incurred as a direct result of its work.


More Definitions of Floating Interest Rate Period

Floating Interest Rate Period means the period specified as such in the relevant Final Terms.
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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, 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: (a) initially Three-Month Term SOFR (as defined below). (b) Notwithstanding the foregoing clause (i) of this Section 2(b): (i) If the Calculation Agent, determines prior to the relevant Floating Interest Determination Date that a Benchmark Transition Event and its related Benchmark Replacement Date (each of such terms as defined below) have occurred with respect to Three-Month Term SOFR, then the Company shall promptly provide notice of such determination to the Holders and Section 2(c) (Effect of Benchmark Transition Event) will thereafter apply to all determinations, calculations and quotations made or obtained for the purposes of calculating the Floating Interest Rate payable on the Subordinated Notes during a relevant Floating Interest Period. (ii) However, if the Calculation Agent, determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect to Three-Month Term SOFR, but for any reason the Benchmark Replacement has not been determined as of the relevant Floating Interest Determination Date, the Floating Interest Rate for the applicable Floating Interest Period will be equal to the Floating Interest Rate on the last Floating Interest Determination Date for the Subordinated Notes, as determined by the Calculation Agent (as defined below). (iii) If the then-current Benchmark is Three-Month Term SOFR and any of the foregoing provisions concerning the calculation of the interest rate and the payment of interest during the Floating Interest Period are inconsistent with any of the Three-Month Term SOFR Conventions determined by the Company, then the relevant Three-Month Term SOFR Conventions will apply.

  • 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 September 20, 2018 and ending on and including December 19, 2018, 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.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.

  • Interest Rate Cap means a Cap.

  • 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;

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Variable Interest Rate means any interest rate that does not qualify as a fixed credit interest rate;

  • Reference Interest Rate Replacement Date means the earliest to occur of the following events with respect to the then-current Reference Interest Rate

  • Weekly Rate Period means any period of time during which a Group of 2021 Series J 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.

  • Floating Rate Certificate A Certificate that provides for the payment of interest at a Floating Pass-Through Rate determined periodically by reference to a formula specified in the related Supplement.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on July 1, 2020 and ending on and including June 30, 2025 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 June 30 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.

  • Special Rate Period with respect to the VRDP Shares, has the meaning specified in paragraph (a) of Section 4 of Part I of the Articles Supplementary.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Applicable Interest Rate means, (i) with respect to each Revolving Credit Advance and Term Loan Advance, the Eurodollar-based Rate or the Base Rate, and (ii) with respect to each Swing Line Advance, the Base Rate or, if made available to the Borrower by the Swing Line Lender at its option, the Quoted Rate, in each case as selected by the Borrower from time to time subject to the terms and conditions of this Agreement.

  • Class E Interest Rate means 4.99% per annum (computed on the basis of a 360-day year of twelve 30-day months).