Examples of Floating Rate Payment Date in a sentence
The condition is considered by the applicant to relate to the management and operation of the proposed crèche and is not therefore a relevant planning matter.
The period from and including one Floating Rate Payment Date (or, in the case of the first, the Issue Date) to (and excluding) the next Floating Rate Payment Date (or, in the case of the last FSN Calculation Period, the Scheduled Maturity Date).
Following the Fixed Rate Period (the Floating Rate Period), each Note will bear interest on its then Principal Amount at a Floating Rate (as defined in Condition 3(c)) per annum payable quarterly in arrear on 22 October, 22 January, 22 April and 22 July in each year (subject to adjustment as provided below), commencing on 22 January 2018 (each a Floating Rate Payment Date and together with the Fixed Rate Payment Dates, an Interest Payment Date).
Reset Date: With respect to a Calculation Period, the day which is five London Banking Days prior to the Floating Rate Payment Date falling at the end of such Calculation Period and, for the avoidance of doubt, the rate so determined on such Reset Date shall apply from the first day of such Calculation Period.Compounding: Inapplicable.
If any Floating Rate Payment Date would otherwise fall on a day which is not a Business Day (as defined below) it shall be postponed to the next day which is a Business Day unless it would then fall into the next calendar month in which event it shall be brought forward to the immediately preceding Business Day.The obligations of the Issuer to make payments of interest on any particular Interest Payment Date are subject to the provisions of Condition 3 (h).
If the Notes become due and payable under Condition 6(c) or under Condition 5(e) other than on a Floating Rate Payment Date, the Floating Rate and the Interest Amount shall nevertheless continue to be calculated as previously by the Agent Bank in accordance with this Condition 3 but no publication of the Floating Rate and the Interest Amount so calculated need be made.
If any Floating Rate Payment Date would otherwise fall on a day which is not a Business Day (as defined below) it shall be postponed to the next day which is a Business Day unless it would then fall into the next calendar month in which event it shall be brought forward to the immediately preceding Business Day.The obligations of the Issuer to make payments of interest on any particular Interest Payment Date are subject to the provisions of Condition 3(h).
The main transactions are the following:- Acquisition of Panima;- Increase of the share capital in Lomé Catering, Macau Catering Services and Dutyfly Solutions.
Following the Fixed Rate Period (the Floating Rate Period), each Note will bear interest on its principal amount at a Floating Rate (as defined in Condition 3(c)) per annum payable quarterly in arrear on July 6, October 6, January 6 and April 6 in each year (subject to adjustment as provided below), commencing on October 6, 2015 (each a Floating Rate Payment Date and together with the Fixed Rate Payment Dates, an Interest Payment Date).
If an Early Termination Date occurs or is designated other than where Paragraph 11.9(b)(i) applies, the Settlement Amount for the Funding Swap will (notwithstanding Section 6(e) of the ISDA Master Agreement) be an amount payable by the Issuer which is equal to the sum of the FSN as of the Early Termination Date and the Floating Payments accrued to the Early Termination Date (and accordingly determined as if the Early Termination Date were a Floating Rate Payment Date).