Floating Rate Payment definition

Floating Rate Payment for each Phase, as defined in Section 3(b)(i) of the Lease.
View Source
Floating Rate Payment means a "Floating Amount" payable by the Swap Counterparty in accordance with the terms of the Swap Agreement;
View Source
Floating Rate Payment has the meaning specified in the Asset Swap Contract.
View Source

Examples of Floating Rate Payment in a sentence

  • Trust Floating Rate Payment Date: Each Trust Floating Rate Period End Date, subject to adjustment in accordance with the Following Business Day Convention.

  • On the Fixed Rate Payment Date, Buyer shall pay the Fixed Amount and, on each Floating Rate Payment Date, Seller shall pay the Floating Amount for the Calculation Period ending on that Payment Date.

  • The Floating Rate Interest Amount and Floating Rate Payment Date so published may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of an extension or shortening of the Floating Rate Interest Period.

  • If any Floating Rate Payment Date would otherwise fall on a day which is not a business day, it shall be postponed to the next day which is a business day unless it would thereby fall into the next calendar month in which event it shall be brought forward to the immediately preceding business day.

  • Section 2(c) of this Agreement will not apply; provided, however, that this provision shall not be construed so as to prevent Party A from setting off any Cap Premium Carryover (including accrued interest at the Default Rate) against amounts owed to Party B on any Floating Rate Payment Date.

  • On each Trust Floating Rate Payment Date, the Trust will pay to DBAG an amount (to the extent such amount is positive) equal to: Trust Floating Rate for the previous Trust Floating Rate Reset Date times the Notional Amount in effect for such date times the Trust Floating Rate Day Count Fraction.

  • On each Trust Floating Rate Payment Date, the Trust will pay to DBAG an amount (to the extent such amount is positive) equal to: The Weighted Average of the Prime Floating Rates for each of the Prime Floating Rate Reset Dates occurring during the related Calculation Period times the Notional Amount in effect for such date times the Prime Floating Rate Day Count Fraction.

  • Salary Adjustment for Code Sections 402(e)(3), 402(h), 403(b) and 457(b) Member pre-tax contributions under Code Sections 402(e)(3), 402(h), 403(b) and 457(b) are included in Plan Salary, unless the Employer elects to exclude such amounts by checking this line _____.

  • Breakage costs might apply if Cash is withdrawn between two Floating Rate Payment Dates.

  • All terms and expressions defined in the Guaranteed _________________________ /1/ Insert number equal to (1) twenty-four (24) minus (2) the sum of (A) the number of Floating Rate Payment Dates occurring prior to the Conversion and (B) if the Conversion Date is a Floating Rate Payment Date, one (1).

Related to Floating Rate Payment

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

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

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • 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.

  • Floating Rate Note means a Note on which interest is calculated at a floating rate, payable in arrear on one or more Interest Payment Dates in each year as may be agreed between the Issuer and the relevant Dealer, as indicated in the applicable Final Terms;