ICE Swap Rate definition
ICE Swap Rate means the ICE Swap Rate benchmark (formerly known as ISDAFIX) administered by ICE.
ICE Swap Rate means, for any interest determination date, the rate for U.S. dollar swaps, expressed as a percentage, with a maturity for a number of years specified in the applicable pricing supplement, which appears on Reuters page “ICESWAP1” (or such other page as may replace that page on that service) as of 11:00 a.m., New York City time, on that interest determination date. An ICE Swap Rate is also sometimes referred to as a “constant- maturity swap rate” or a “CMS rate.”
ICE Swap Rate means the average mid-market rates for fixed-for-floating interest rate swaps in four major currencies at selected maturities on a daily basis as quoted by a panel of major interest rate swap dealers. It was formerly known as ISDAFIX. This licence permits the Customer to:
Examples of ICE Swap Rate in a sentence
The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant.
The board has opted to award the quote with an indexed rate; the ICE Swap Rate index formula will remain constant.
The term “Index Rate” means the the ICE Swap Rate as published by the ICE Benchmark Administration equally maturing with the Initial Period.
The Borough has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant.
This agreement will continue to apply to Your use of the Data and Your access to the ’Beta’ ICE Swap Rate Settings Webpage as set out in the introductory paragraph at the start of this agreement.
More Definitions of ICE Swap Rate
ICE Swap Rate means the ICE Swap Rate benchmark (formerly known as ISDAFIX) administered by ICE. This Schedule H supplements, forms part of, and is subject to the terms of, the Agreement and constitutes a historical access licence (this “Licence”) in respect of the ICE Swap Rate. This Licence permits the Customer and Customer Group Companies to access the ICE Direct Data Service for the purposes of retrieving historical ICE Swap Rate benchmark settings, made available 7 calendar days after initial publication. This Licence does not permit the Customer and/or Customer Group Companies to distribute or re- distribute ICE Swap Rate benchmark settings or historical individual ICE Swap Rate submissions outside their Customer Group Companies for any purpose whatsoever, or to reverse-engineer, use, distribute or re-distribute any data which are used as an input to calculate any ICE Swap Rate Materials.
ICE Swap Rate means the ICE Swap Rate benchmark (formerly known as ISDAFIX) administered by ICE. This Schedule H supplements, forms part of, and is subject to the terms of, the Agreement and constitutes a historical access licence (this “Licence”) in respect of the ICE Swap Rate. This Licence permits the Customer and Customer Group Companies to access the ICE Direct Data Service for the purposes of retrieving historical ICE Swap Rate benchmark settings*, made available 7 calendar days after initial publication. * Note all GBP LIBOR ICE Swap Rate settings ceased after 31 December 2021. This Licence does not permit the Customer and/or Customer Group Companies to distribute or re- distribute ICE Swap Rate benchmark settings or historical individual ICE Swap Rate submissions outside their Customer Group Companies for any purpose whatsoever, or to reverse-engineer, use, distribute or re-distribute any data which are used as an input to calculate any ICE Swap Rate Materials. The fees payable in respect of this Licence for any given period are set out in the Licensing & Data section of ICE’s website at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/iba/licensing or as otherwise notified to the Customer by ICE from time to time. Fees are payable annually in advance within 30 days of the date on which this Licence is effective and thereafter on the 1st January (or next Business Day) of every year of the Term of this Agreement. This Licence is to be effective on .
ICE Swap Rate means, with respect to any Floating Rate Interest Period,
ICE Swap Rate means the ICE Swap Rate benchmark (formerly known as ISDAFIX) administered by ICE. This Schedule H supplements, forms part of, and is subject to the terms of, the Agreement and constitutes a historical access licence (this “Licence”) in respect of the ICE Swap Rate. This Licence permits the Customer and Customer Group Companies to access the ICE Direct Data Service for the purposes of retrieving historical ICE Swap Rate benchmark settings, made available 7 calendar days after initial publication. This Licence does not permit the Customer and/or Customer Group Companies to distribute or re- distribute ICE Swap Rate benchmark settings or historical individual ICE Swap Rate submissions outside their Customer Group Companies for any purpose whatsoever, or to reverse-engineer, use, distribute or re-distribute any data which are used as an input to calculate any ICE Swap Rate Materials. Customer agrees and acknowledges (on behalf of itself and the Customer Group Companies) that markets are transitioning from using USD LIBOR, which is in the process of being wound down. This may result in a reduction in the number of USD LIBOR-linked swaps and related prices offered, displayed and/or traded. To the extent that there is any such reduction in relation to USD LIBOR-linked swaps that are used to generate input data for USD LIBOR ICE Swap Rate settings, this could result in a greater reliance on Levels 2 and 3 of the waterfall in calculating USD LIBOR ICE Swap Rates, and could result in ICE being unable to calculate and publish one or more USD LIBOR ICE Swap Rate settings. Further to the FCA’s March 5, 2021 announcement, its Article 21A Notice, and announcements* from US authorities in relation to the use of USD LIBOR, ICE expects to consult on the potential cessation of USD LIBOR ICE Swap Rate in due course. The fees payable in respect of this Licence for any given period are set out in the Licensing & Data section of ICE’s website at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/iba/licensing or as otherwise notified to the Customer by ICE from time to time. Fees are payable annually in advance within 30 days of the date on which this Licence is effective and thereafter on the 1st January (or next Business Day) of every year of the Term of this Agreement. This Licence is to be effective on . ICE Benchmark Administration Limited (“ICE”) By: Name: Title: Date: (“the Customer”) By: Name: Title: Date: This is Schedule I to the Master Licence Agreement dated as of (“the Agreement”), made by an...
ICE Swap Rate means the annual mid-swap rate for Euro swap transactions having a maturity of 5 years commencing on the Reset Date, expressed as a percentage, which appears on the Screen Page as of 11:00 a.m. (Frankfurt am Main time).