Interest Rate Calculation Date definition
Examples of Interest Rate Calculation Date in a sentence
The Notes will bear interest on their principal amount (i) from and including the Issue Date to, but excluding, the Initial Interest Reset Date, at a rate of 7.300% per annum and (ii) during each Rate Reset Period (as defined in the Prospectus Supplement), at a rate per annum equal to the U.S. Treasury Rate (as defined in the Prospectus Supplement) on the applicable Interest Rate Calculation Date (as defined below) plus 3.010%.
The Calculation Agent will determine the applicable interest rate for each Interest Rate Reset Period as of the applicable Interest Rate Calculation Date.
The Calculation Agent will determine the applicable interest rate for each Interest Reset Period as of the applicable Interest Rate Calculation Date.