Interest Reset Date definition

Interest Reset Date means, with respect to any Interest Period with respect to the Floating Rate Notes, the first day of such Interest Period; provided that if any Interest Reset Date would otherwise be a day that is not a Business Day, that Interest Reset Date will be postponed to the next succeeding day that is a Business Day, except that if that Business Day falls in the next succeeding calendar month, such Interest Reset Date will be the immediately preceding Business Day.
Interest Reset Date has the meaning specified in the Note Certificate(s).
Interest Reset Date means, in respect of an Interest Period, each New York City Banking Day in such Interest Period up to and including the Interest Rate Cut Off Date;

Examples of Interest Reset Date in a sentence

  • The interest rate applicable to the Floating Rate Notes will be reset quarterly on each Floating Rate Notes Interest Reset Date (as defined below).


More Definitions of Interest Reset Date

Interest Reset Date means the Initial Interest Reset Date and each date falling on the five-year anniversary of the preceding Interest Reset Date.
Interest Reset Date means each U.S. Government Securities Business Day during an observation period.
Interest Reset Date means, for each Interest Period other than the first Interest Period, the first day of such Interest Period, subject to the Business Day Convention.
Interest Reset Date means the first day of the relevant Interest Period.
Interest Reset Date means for each Interest Period, other than the first Interest Period, the first day of such Interest Period.
Interest Reset Date means the first day of each calendar month, or, if the first day of such calendar month is not a Business Day, the immediately preceding Business Day
Interest Reset Date means the Business Day which is two Business Days prior to the first day of each Settlement Period.