Floating Rate Payment Date definition

Floating Rate Payment Date has the meaning given to it in Condition 3.2.
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Floating Rate Payment Date means each January 19, April 19, July 19 and October 19 occurring after January 19, 2016.
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Floating Rate Payment Date means, in relation to each Capital Payment Period commencing on or after the Reset Date, March 29, June 29, September 29 and December 29 of each year.
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Examples of Floating Rate Payment Date in a sentence

  • The Issuer will pay to the Funding Swap Counterparty on each Floating Rate Payment Date an amount equal to the Floating Rate multiplied by the daily weighted average of the FSN in the FSN Calculation Period multiplied by the Floating Rate Day Count Fraction.

  • 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).

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

  • The main transactions are the following:- Acquisition of Panima;- Increase of the share capital in Lomé Catering, Macau Catering Services and Dutyfly Solutions.

  • 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.

  • 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).

  • 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.

  • 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).

  • 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).


More Definitions of Floating Rate Payment Date

Floating Rate Payment Date means (i) each Semi-annual Date occurring during the term of this Agreement and (ii) the Final Maturity Date, provided, (x) if any Floating Rate Payment Date would otherwise be a day that is not a Banking Day, such Floating Rate Payment Date shall be the first preceding Banking Day and (y) if the Conversion shall have occurred, the Conversion Date shall be the final Floating Rate Payment Date. For purposes of this definition "Semi-annual Date" shall mean each ---------------- February 15 and August 15 of each year commencing February 15, 1997;
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Floating Rate Payment Date means any date that interest on the Floating Rate Bonds is paid: (i) for the Initial Floating Rate Period, July 2, 2018, and, thereafter, the first Business Day of each month prior to a Mandatory Purchase Date, or any Mandatory Purchase Date if shorter and(ii) for any Subsequent Floating Rate Period, the first Business Day after the Extension Date of a monthly, quarterly, or semiannual period, as determined by the Remarketing Agent, and, thereafter, on the first Business Day of each succeeding monthly, quarterly, or semiannual period prior to any Mandatory Purchase Date, or any Mandatory Purchase Date if shorter.
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Related to Floating Rate Payment Date

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

  • Floating Rate Interest Payment Date has the meaning provided in Section 2.7(b).

  • 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.

  • 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.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, 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.

  • Fixed Rate Interest Payment Date has the meaning set forth in clause (d) of Section 2.01 of this Supplemental Indenture.

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

  • 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.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Floating Rate Note means any Class A-2b Note.

  • Fixed Rate Period has the meaning specified in Section 2.1.

  • 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.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Payment Date means the last day of each March, June, September and December.

  • Adjusted Interest Rate means, with respect to any Reset Transaction, the rate per annum that is the arithmetic average of the rates quoted by two Reference Dealers selected by the Company or its successor as the rate at which interest on the Securities should accrue so that the fair market value, expressed in dollars, of a Security immediately after the later of:

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Redemption Payment Date As defined in Section 13.1.

  • Maximum Uncertificated Accrued Interest Deferral Amount With respect to any Distribution Date, the excess of (a) accrued interest at the Uncertificated REMIC 3 Pass-Through Rate applicable to REMIC 3 Regular Interest LTZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC 3 Regular Interest LTZZ minus the REMIC 3 Overcollateralization Amount, in each case for such Distribution Date, over (b) the sum of the Uncertificated Accrued Interest on REMIC 3 Regular Interest LTIA1, REMIC 3 Regular Interest LTIIA1, REMIC 3 Regular Interest LTIIA2, REMIC 3 Regular Interest LTIIA3, REMIC 3 Regular Interest LTIIA4, REMIC 3 Regular Interest LTM1, REMIC 3 Regular Interest LTM2, REMIC 3 Regular Interest LTM3, REMIC 3 Regular Interest LTM4, REMIC 3 Regular Interest LTM5, REMIC 3 Regular Interest LTM6, REMIC 3 Regular Interest LTM7, REMIC 3 Regular Interest LTM8, REMIC 3 Regular Interest LTM9, REMIC 3 Regular Interest LTM10, REMIC 3 Regular Interest LTB1, REMIC 3 Regular Interest LTB2 and REMIC 3 Regular Interest LTB3 with the rate on each such REMIC 3 Regular Interest subject to a cap equal to the lesser of (i) LIBOR plus the related Certificate Margin for the related Corresponding Certificate and (ii) the Net WAC Rate for the purpose of this calculation; provided, however, that for this purpose, calculations of the Uncertificated REMIC 3 Pass-Through Rate and the related caps with respect to each such REMIC 3 Regular Interest shall be multiplied by a fraction, the numerator of which is the actual number of days in the Accrual Period and the denominator of which is 30.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • 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.

  • 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.

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