Floating Rate Required Holders definition

Floating Rate Required Holders means, at any time, the holders of at least 51% in principal amount of the Floating Rate Notes at the time outstanding (exclusive of Floating Rate Notes then owned by the Company or any of its affiliates).
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Floating Rate Required Holders means, at any time, the holders of more than 50% in principal amount of the Series U Notes at the time outstanding (exclusive of Series U Notes then owned by the Company or any of its Affiliates).
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Floating Rate Required Holders means, at any time, the holders of greater than 50.00% in principal amount of each Series of the Floating Rate Notes at the time outstanding (exclusive of Notes then owned by the Company or any of its Affiliates or any Portfolio Investment),
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Examples of Floating Rate Required Holders in a sentence

  • In connection with the implementation of a Benchmark Replacement, the Floating Rate Required Holders, with the consent of the Company, will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of the other parties hereto.

  • Additionally, the Company may object to any changes to this Agreement that would cause an adverse tax consequence to the Company as a result of such changes and, in that case, the Floating Rate Required Holders and the Company shall negotiate in good faith to adjust the changes to eliminate such tax consequence if feasible.

  • The Floating Rate Required Holders will promptly notify the Company and other parties hereto of (i) any occurrence of a Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement Conforming Changes, and (iv) the commencement or conclusion of any Benchmark Unavailability Period.

  • In addition, reference is made to FAIRNET’s data protection information.

  • In the event that a Benchmark Replacement is implemented as set forth above at a time that Term SOFR is unavailable, at the request of the Company, the Floating Rate Required Holders and the Company may make further changes to this Agreement to implement Term SOFR as the Benchmark Replacement, effective following the immediately succeeding Dividend Payment Date after such changes are agreed to.

  • This Agreement shall become effective only upon the date of the Company and the Floating Rate Required Holders shall have executed and delivered this Agreement.

  • In the event that any holder does not concur with such determination by the Company, as evidenced by notice to the Company given by such holder within ten (10) Business Days after receipt by the holders of the notice delivered by the Company pursuant to the immediately preceding sentence, the determination of the Adjusted LIBOR Rate shall be made by Floating Rate Required Holders in accordance with the provisions of this Agreement, shall be conclusive and binding absent manifest error.

  • In connection with the implementation of a Benchmark Replacement, the Floating Rate Required Holders, with the consent of the Company, will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein, any amendments implementing suchBenchmark Replacement Conforming Changes will become effective without any further action or consent of the other parties hereto (other than the consent of the Company).

  • In connection with the implementation of a Benchmark Replacement, the Floating Rate Required Holders, with the consent of the Company, will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein, any amendmentsimplementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of the other parties hereto (other than the consent of the Company).

  • In connection with the implementation of a Benchmark Replacement, the Floating Rate Required Holders, with the consent of the Company, will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of the other parties hereto (other than the consent of the Company).


More Definitions of Floating Rate Required Holders

Floating Rate Required Holders means, at any time, the holders of more than 50% of the aggregate MRP Liquidation Preference Amount of the MRP Shares at the time outstanding (exclusive of MRP Shares then owned by the Company or any of its Affiliates).
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Floating Rate Required Holders means, at any time, the holders of at least 51% in principal amount of the Series J Notes at the time outstanding (exclusive of Series J Notes then owned by the Company or any of its affiliates).
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Floating Rate Required Holders means, at any time the holders of greater than 50.00% in principal amount of Floating Rate Dollar Notes in the case of determinations relating to SOFR or any Benchmark replacement related thereto or Floating Rate Euro Notes in the case of determinations relating to EURIBOR or any Benchmark replacement related thereto, at the time outstanding (exclusive of Notes then owned by any Affiliated Holders), as applicable.
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Floating Rate Required Holders means, at any time, the holders of more than 50% in principal amount of the Series E Notes at the time outstanding (exclusive of Series E Notes then owned by the Company or any of its Affiliates).
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Related to Floating Rate Required Holders

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

  • 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 Certificates The Class A Certificates and the Mezzanine Certificates.

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

  • Required Prepayment Date as defined in Section 2.15(c).

  • 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.

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

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

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

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

  • Floating Day Count Fraction means, in respect of the calculation of an amount of interest for any Interest Period:

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.

  • Encumbered Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes, an amount equal to the product of

  • Required Principal As determined for any Distribution Date for a given Series (or Class within such Series), unless otherwise specified in the related Supplement, the amounts on deposit in the Certificate Account allocable to principal payments on the Underlying Securities (including from Credit Support, if any, and Advances, if any, but excluding amounts in respect of principal payments to the extent that Advances with respect thereto were distributed as Required Principal on a prior Distribution Date) and required to be distributed in respect of the Certificates of such Series (or Class) in accordance with the terms of such Certificates and such related Supplement.

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of:

  • 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.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

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

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.

  • Floating Rate Notes means the Class A-2b Notes.

  • Class A Non-PO Optimal Principal Amount As to any Distribution Date, an amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan, and (y) the sum of:

  • Unencumbered Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes, an amount equal to the product of

  • Series Required Transferor Amount means an amount equal to 7% of the Invested Amount.

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

  • Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.