Modified EDFR definition

Modified EDFR means a reference rate equal to the EDFR plus the EDFR Spread;

Modified EDFR means a reference rate equal to the EDFR plus the EDFR Spread; “Observation Look-Back Period” is as specified in the applicable Pricing Supplement; and

Modified EDFR means the sum of (i) the Eurosystem Deposit Facility Rate and (ii) the EDFR Spread.

Examples of Modified EDFR in a sentence

• If no ECB Recommended Rate has been recommended before the end of the first TARGET 2 Business Day following the date on which the €STR Index Cessation Event occurs, then the rate of €STR for each TARGET 2 Business Day in the relevant Observation Period on or after the €STR Index Cessation Effective Date will be determined as if references to €STR were references to the Modified EDFR.

• If an ECB Recommended Rate has been recommended and both an ECB Recommended Rate Index Cessation Event and an ECB Recommended Rate Index Cessation Effective Date subsequently occur, then the rate of €STR for each TARGET 2 Business Day in the relevant Observation Period occurring on or after that ECB Recommended Rate Index Cessation Effective Date will be determined as if references to €STR were references to the Modified EDFR.

• If the Applicable Fallback Rate is the Modified SNB Policy Rate or Modified EDFR, references to the Applicable Fallback Rate in this Section 7.3(m) shall be deemed to be references to the index, benchmark or other price source that is referred to in the definition of Modified SNB Policy Rate or Modified EDFR, as applicable.

• If no ECB Recommended Rate has been recommended before the end of the first TARGET Business Day following the date on which the €STR Index Cessation Event occurs, then the rate of €STR for each TARGET Business Day in the relevant Observation Period on or after the €STR Index Cessation Effective Date will be determined as if references to €STR were references to the Modified EDFR.

• An organized, sustained, and well-coordinated effort will be needed by AHRQ, CDC, CMS, ONC, and other federal agencies to continue and extend the work that has begun on the integration of patient safety systems.

• Borrower shall either repay in full the Non-Formula Advances and the unpaid interest thereon or convert the Non-Formula Advances into Advances.

More Definitions of Modified EDFR

Modified EDFR means a rate equal to the Eurosystem Deposit Facility Rate plus the EDFR Spread.

Modified EDFR means a reference rate equal to the EDFR plus the EDFR Spread as determined by the Issuer and notified by the Issuer to the Calculation Agent.

Modified EDFR means in respect of any relevant day (including any day “i”), a rate equal to EDFR in respect of that day, plus the EDFR Spread.