Floating Rate Commencement Date definition

Floating Rate Commencement Date means the Interest Payment Date specified as such in the applicable Pricing
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Floating Rate Commencement Date is specified in the relevant prospectus supplement/final terms as either the Payment Date of the first month falling in the Regulated Amortisation Period or the Rapid Amortisation Period (or if such date has passed, the immediately following Payment Date) or the Scheduled Redemption Date;
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Floating Rate Commencement Date means the Interest Payment Date specified as such in the applicable Final Terms.
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Examples of Floating Rate Commencement Date in a sentence

  • Commencing on the Floating Rate Commencement Date and on each subsequent Interest Reset Date, the rate at which interest on such Fixed Rate/Floating Rate Note shall be payable shall be reset as of such Floating Rate Commencement Date and as of each Interest Reset Date and shall be determined by reference to the applicable Interest Rate Basis (i) plus or minus the applicable Spread, if any, and/or (ii) multiplied by the applicable Spread Multiplier, if any.

  • Floating Rate Commencement Date has the meaning given in the relevant Pricing Supplement.

  • For the purposes of paragraph 2.1, BIAn will be zero prior to the Floating Rate Commencement Date.

  • Commencing on the Floating Rate Commencement Date and on each subsequent Interest Reset Date, the rate at which interest on such Fixed Rate/Floating Rate Note shall be payable shall be reset as of such Floating Rate Commencement Date and as of each Interest Reset Date and shall be determined by reference to the applicable Interest Rate Basis: (i) plus or minus the applicable Spread, if any; and/or (ii) multiplied by the applicable Spread Multiplier, if any.

  • Fixed Rate Period means the period commencing on the Issue Date and concluding on the date immediately prior to the Floating Rate Commencement Date.

  • Floating Rate Period means the period commencing on the Floating Rate Commencement Date and concluding on the date on which no Subordinated Notes of a Series remain Outstanding.

  • Fixed Rate per annum from (and including) the Interest Commencement Date to (but excluding) the earlier of (a) the Maturity Date and (b) the Floating Rate Commencement Date (if any) (ii) 6-month EURIBOR plus 0.50 per cent.

  • Floating Rate Period means the period commencing on the Floating Rate Commencement Date and concluding on the date on which no Capital Notes of a Series remain Outstanding.

  • For the avoidance of doubt, the Floating Rate Commencement Date in respect of the Second Further Notes is 1 April 2006 and in respect of the Third Further Notes is 1 April 2007.

  • The Notes bear interest on their principal amount from (and including) the Floating Rate Commencement Date at the applicable Floating Rate of Interest, such interest being, subject as provided in Condition 6(g), payable in arrear on each Interest Payment Date.


More Definitions of Floating Rate Commencement Date

Floating Rate Commencement Date means, if the Calculation Agent has determined that a Mid- Swap Discontinuation Event has occurred, the Reset Date relating to the first Reset Determination Date falling on or after the date of such determination;
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Related to Floating Rate Commencement Date

  • 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.

  • 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.

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • 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.

  • 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.

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

  • 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 Option has the meaning given to it in the ISDA Definitions;

  • Fixed Rate of Interest means the rate of interest payable from time to time in respect of a Fixed Rate Note or during the Fixed Interest Rate Period in respect of a Fixed/Floating Rate Note and that is either specified in the relevant Pricing Schedule or calculated in accordance with the provisions in the relevant Pricing Schedule.

  • Subsequent Reset Rate of Interest means, in respect of any Subsequent Reset Period, the rate of interest determined by the Calculation Agent on the relevant Reset Determination Date as the sum of the relevant Mid-Swap Rate and the relevant Subsequent Margin.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Interest Rate Change Date The date on which the Mortgage Interest Rate is subject to change as provided in the related Mortgage Note.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • 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.

  • 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.

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