Interest Quotation Day definition

Interest Quotation Day means, in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.
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Interest Quotation Day means, in relation to any period for which the Reference Rate is to be determined, the day falling two Business Days before the first day of the relevant Interest Period.
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Interest Quotation Day means, in relation to any period for which Interest Rate is to be
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Examples of Interest Quotation Day in a sentence

  • The Interest Rate will be reset at each Interest Quotation Day by the Bond Trustee, who will notify the Issuer and the Paying Agent and, if the Bonds are listed, the Exchange, of the new Interest Rate and the actual number of calendar days for the next Interest Period.

  • Norwegian Interbank Offered Rate) being the interest rate fixed for a period comparable to the relevant Interest Period on Oslo Børs’ webpage at approximately 12.15 (Oslo time) on the Interest Quotation Day or, on days on which Oslo Børs has shorter opening hours (New Year’s Eve and the Wednesday before Maundy Thursday), the data published at approximately 10.15 a.m. (Oslo time) on the Interest Quotation Day shall be used.

  • NIBOR: (Norwegian Interbank Offered Rate) being the interest rate fixed for a period comparable to the relevant Interest Period on Oslo Børs’ webpage at approximately 12.15 (Oslo time) on the Interest Quotation Day or, on days on which Oslo Børs has shorter opening hours (New Year’s Eve and the Wednesday before Maundy Thursday), the data published at approximately10.15 a.m. (Oslo time) on the Interest Quotation Day shall be used.

  • The Interest Rate will be reset at each Interest Quotation Day by the Bond Trustee, who will notify the Issuer and the Paying Agent, of the new Interest Rate and the actual number of calendar days for the next Interest Period.

  • Interest Quotation Day: In relation to any period for which Interest Rate is to bedetermined, the day falling two (2) Business Days before the first day of the relevant Interest Period.

  • The Interest Rate will be reset at each Interest Quotation Day by the Bond Trustee, who will notify the Issuer and the Paying Agent and, if the Bonds are listed, the Exchange, of the new Interest Rate and the actual number of calendar days for the next Interest Period.] Any interpolation of the interest rate will be quoted with the number of decimals corresponding to the quoted number of decimals of the Reference Rate.


More Definitions of Interest Quotation Day

Interest Quotation Day means, in respect of the Tranche A Bonds and the Tranche B Bonds in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.
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Interest Quotation Day means, in relation to any period for which Interest Rate
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Interest Quotation Day means, in relation to any period for which the Reference Rate is to be determined, the day falling two Business Days before the first day of the relevant Interest Period. Page 10 “Interim Accounts” means the unaudited unconsolidated and consolidated financial statements of the Issuer for the half-year period ending on each 30 June and 31 December in each year, prepared in accordance with GAAP.
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Related to Interest Quotation Day

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Simple Interest Method means the method of allocating a fixed level payment to principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of the fixed rate of interest multiplied by the unpaid principal balance multiplied by the period of time elapsed since the preceding payment of interest was made and the remainder of such payment is allocable to principal.