Floating Rate Notes Interest Period definition

Floating Rate Notes Interest Period means the period beginning on (and including) a Floating Rate Notes Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Notes Interest Payment Date; provided that the first Floating Rate Notes Interest Period will begin on (and include) the Issue Date and will end on (but exclude) the first Floating Rate Notes Interest Payment Date.

Floating Rate Notes Interest Period means each period commencing on and including a Floating Rate Notes Interest Payment Date and ending on and including the day immediately preceding the next Floating Rate Notes Interest Payment Date, other than with respect to the first Floating Rate Notes Interest Period which will begin on and include July 18, 2006 and will end on and include October 17, 2006.

Floating Rate Notes Interest Period means the period commencing on and including a Floating Rate Notes Interest Payment Date and ending on and including the day immediately preceding the next succeeding Floating Rate Notes Interest Payment Date, with the exception that (i) the first Floating Rate Notes Interest Period shall commence on and include , 2020 and (ii) the final Floating Rate Notes Interest Period shall end on and exclude the Floating Rate Notes Maturity Date.

Examples of Floating Rate Notes Interest Period in a sentence

• However, the final Floating Rate Notes Interest Period will be the period from and including the Floating Rate Notes Interest Payment Date immediately preceding the Maturity Date to but excluding the Maturity Date.

• The interest rate per year for the 2022 Floating Rate Notes in any 2022 Floating Rate Notes Interest Period (which, for the avoidance of doubt, does not include the initial interest period) will be equal to Three-Month LIBOR plus 156 basis points (the “2022 Floating Rate Notes Interest Rate”), as determined by the Calculation Agent.

• Interest on the Callable Floating Rate Notes will be calculated on the basis of the actual number of days in each Callable Floating Rate Notes Interest Period, assuming a 360-day year.

• The interest rate for the first September 2018 Floating Rate Notes Interest Period shall be the Three Month LIBOR (as defined below), as determined on September 19, 2017, plus 0.170%.

• Thereafter, the interest rate on the Callable Floating Rate Notes for any Callable Floating Rate Notes Interest Period will be a per annum rate equal to the Benchmark, as determined on the applicable Interest Determination Date plus the Callable Floating Rate Notes Margin.

• The initial interest rate on the Callable Floating Rate Notes for the first Callable Floating Rate Notes Interest Period will be equal to the Benchmark plus 0.89% per annum (the “Callable Floating Rate Notes Margin”).

• The Calculation Agent in respect of the Senior Note will determine the Floating Rate Notes Interest Rate for each Floating Rate Notes Interest Period on the fifth U.S. Government Securities Business Day by reference to the SOFR Index Average (as defined below) on that date (the “Floating Rate Notes Interest Determination Date”).

• The interest rate per year for the Floating Rate Notes in any Floating Rate Notes Interest Period (which, for the avoidance of doubt, does not include the initial interest period) will be equal to Three-Month LIBOR plus 156 basis points (the “Floating Rate Notes Interest Rate”), as determined by the Calculation Agent.

• The interest rate for each March 2019 Floating Rate Notes Interest Period after the first March 2019 Floating Rate Notes Interest Period will be the Three Month LIBOR, as determined on the applicable Interest Determination Date, plus 0.220%.

• The interest rate for each 2018 Floating Rate Notes Interest Period after the first 2018 Floating Rate Notes Interest Period will be the Three Month LIBOR, as determined on the applicable Interest Determination Date, plus 0.170%.

More Definitions of Floating Rate Notes Interest Period

Floating Rate Notes Interest Period means each period beginning from (and including) the issue date described on the cover page of this prospectus supplement to (but excluding) the first Floating Rate Notes Interest Payment Date, or from (and including) any Floating Rate Notes Interest Payment Date to (but excluding) the next Floating Rate Notes Interest Payment Date, or from (and including) any Floating Rate Notes Interest Payment Date immediately preceding the applicable redemption date to (but excluding) such redemption date; provided, however, that, in the case of any Floating Rate Notes Interest Period during which any Floating Rate Notes become due and payable on a date other than a Floating Rate Notes Interest Payment Date, such Floating Rate Notes Interest Period will end on (but exclude) such date on which such Floating Rate Notes have become due and payable;

Floating Rate Notes Interest Period. The interest periods will be the periods from and including an Interest Reset Date to but excluding the immediately succeeding Interest Reset Date, except that (i) the final interest period will be the period from and including the Interest Reset Date immediately preceding the maturity date to but excluding the maturity date and (ii) the initial interest period will be the period from and including the Settlement Date to but excluding the first Interest Reset Date (each a “Floating Rate Notes Interest Period”).