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 Interest Period means the period beginning on (and including) the First Call Date and ending on (but excluding) the first Floating Rate Interest Payment Date and each successive period beginning on (and including) a Floating Rate Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Interest Payment Date.
Floating Rate Interest Period shall have the meaning provided in Section 2.08.
Examples of Floating Rate Interest Period in a sentence
Subject to the limitations specified on the reverse of this Security, interest on the Securities shall be computed and payable in arrear on the basis of a 360-day year of twelve 30-day months during the Fixed Rate Period and on the basis of the actual number of days in each Floating Rate Interest Period and a 360-day year during the Floating Rate Period.
The interest rate on the Securities during any Floating Rate Interest Period will in no event be higher than the maximum rate permitted by law or lower than 0% per annum.
More Definitions of Floating Rate Interest Period
Floating Rate Interest Period means the period from and including the immediately preceding Floating Period Interest Payment Date in respect of which interest has been paid or duly provided for, to, but excluding, the applicable Floating Period Interest Payment Date or Maturity Date or Redemption Date, if applicable (except that the first Floating Rate Interest Period will commence on May 15, 2029).
Floating Rate Interest Period means each period commencing on the date of the Closing and, thereafter, commencing on an Floating Rate Interest Payment Date and continuing up to, but not including, the next Floating Rate Interest Payment Date.
Floating Rate Interest Period means either a Fixed/Floating Rate Notes Floating Rate Interest Period or a Floating Rate Notes Interest Period, as applicable.
Floating Rate Interest Period means each period beginning on (and including) the Reset Date or any Interest Payment Date and ending on (but excluding) the next Interest Payment Date when Condition 4(b) (Interest – Floating Rate) applies;
Floating Rate Interest Period means the period beginning on and including November 21, 2006 to but excluding the first Floating Rate Interest Payment Date and each successive period from and including a Floating Rate Interest Payment Date to but excluding the next Floating Rate Interest Payment Date. Interest shall be computed on the basis of the actual number of days in the applicable Interest Period divided by 360.
Floating Rate Interest Period means either the 2026 Notes Floating Rate Interest Period or the 2031 Notes Floating Rate Interest Period, as applicable.
Floating Rate Interest Period means the period from and including a Floating Rate Interest Reset Date to but excluding the next succeeding Floating Rate Interest Reset Date and, in the case of the last such period, from and including the Floating Rate Interest Reset Date immediately preceding the Floating Rate Maturity Date or Floating Rate Principal Payment Date, as the case may be, to but not including such Floating Rate Maturity Date or Floating Rate Principal Payment Date, as the case may be. If the Floating Rate Principal Payment Date or Floating Rate Maturity Date is not a LIBOR business day, then the principal amount of the Floating Rate Notes plus accrued and unpaid interest thereon shall be paid on the next succeeding LIBOR business day and no interest shall accrue for the Floating Rate Maturity Date, Floating Rate Principal Payment Date or any day thereafter.