Interest Rate Calculation Date definition

Interest Rate Calculation Date means, in respect of each Interest Rate Reset Period, the Business Day immediately prior to the beginning of such Interest Rate Reset Period.
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Interest Rate Calculation Date means, in respect of any Interest Reset Period, the day falling one Business Day prior to the beginning of such Interest Reset Period.
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Interest Rate Calculation Date means, for any Reset Date, the Business Day prior to such Reset Date.
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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.


More Definitions of Interest Rate Calculation Date

Interest Rate Calculation Date means the business day prior to each Interest Reset Date. Interest Payment Dates: Quarterly on February 24, May 24, August 24, and November 24 of each year, beginning February 24, 2025 (long first coupon).
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Interest Rate Calculation Date means the last Business Day of each calendar month.
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Related to Interest Rate Calculation Date

  • 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.

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Interest Rate Change Date The date on which the Mortgage Interest Rate is subject to change as provided in the related Mortgage Note.

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;