LIBOR Rate Reset Date definition

LIBOR Rate Reset Date means, subject to Section 2.5(b), the 30th day of the months of March, June, September and December of each year commencing on June 30, 2016.

LIBOR Rate Reset Date means, subject to the paragraph immediately preceding the definition of “Calculation Agent” set forth above, the 28th day of March, June, September and December of each year continuing until the Maturity, commencing on June 28, 2019.

LIBOR Rate Reset Date has the meaning set forth in the definition of “Three-Month LIBOR Rate.”

Examples of LIBOR Rate Reset Date in a sentence

• Promptly upon determination, the Calculation Agent will inform the Indenture Trustee and FPL, or, in certain circumstances described below, FPL or its Designee will inform the Indenture Trustee, of the interest rate for the next interest period.The interest rate in effect on any LIBOR Rate Reset Date will be the applicable interest rate as reset on that date and the interest rate applicable to any other day will be the interest rate as reset on the immediately preceding LIBOR Rate Reset Date.

• The first Interest Payment Date and first LIBOR Rate Reset Date will be November 24, 2020.

• The first Interest Payment Date and first LIBOR Rate Reset Date will be May 22, 2021.

• The first Interest Payment Date and first LIBOR Rate Reset Date will be June 1, 2021.

More Definitions of LIBOR Rate Reset Date

LIBOR Rate Reset Date means, subject to the paragraph immediately preceding the definition of “Calculation Agent” set forth above, the 28th day of February, May, August and November of each year continuing until Maturity, commencing on November 28, 2018.

LIBOR Rate Reset Date means each February 15, May 15, August 15, and November 15 during the Floating Rate Period, commencing February 15, 2028; provided that if any such day is not Business Day, then the LIBOR Rate Reset Date shall be the next day that is a Business Day, except that if such next day that is a Business Day falls in the next succeeding calendar month, then such date shall be the immediately preceding Business Day.

LIBOR Rate Reset Date has the meaning set forth in Section 204(b) hereof.

LIBOR Rate Reset Date means, subject to the paragraph immediately preceding the definition of “Calculation Agent” set forth above, the 22nd day of February, May, August and November of each year continuing until the Maturity, commencing on May 22, 2021.

LIBOR Rate Reset Date means, subject to the paragraph immediately preceding the definition of “Calculation Agent” set forth above, the 14th day of February, May, August and November of each year continuing until the Maturity, commencing on February 14, 2019.

LIBOR Rate Reset Date means, subject to the above paragraph immediately preceding the definition of “Business Day,” the January 7, April 7, July 7 and October 7 of each year continuing until the Stated Maturity, commencing on January 7, 2021.

LIBOR Rate Reset Date means, subject to the above paragraph immediately preceding the definition of “Calculation Agent,” the March 15, June 15, September 15 and December 15 of each year continuing until the Stated Maturity, commencing on December 15, 2019.