Permanent Discontinuation Trigger definition

Permanent Discontinuation Trigger means, in respect of an Applicable Benchmark Rate:
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Permanent Discontinuation Trigger means, in respect of an Applicable Reference Rate:
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Examples of Permanent Discontinuation Trigger in a sentence

  • Example Calendar The below example assumes all days are Business Days and that no Permanent Discontinuation Trigger has occurred in respect of the Bank Bill Rate.

  • Determination Date(a) subject to paragraph (b), the first day of each calendar month (as adjusted in accordance with the Business Day Convention); and (b) if a Permanent Discontinuation Trigger occurs in respect of the Bank Bill Rate, the day which is 5 Business Days prior to each Distribution Date occurring after the end of the calendar month in which the applicable Permanent Fallback Effective Date occurs.

  • Each REMIC 1 Interest (other than the Class R-1 Interest) is hereby designated as a regular interest in REMIC 1.

  • Certain amendments may be made to the Transaction Documents without the consent of the Noteholders or other Secured Creditors if at any time a Permanent Discontinuation Trigger occurs with respect to BBSW (or other Applicable Benchmark Rate) and the Manager determines that such amendments to the Transaction Documents are necessary to give effect to the application of the applicable Fallback Rate in the manner contemplated by Section 8.10(c) (“Benchmark Replacement”).

  • The fallback methodology involves the use of alternative benchmark rates (to the extent available) as the benchmark rate applicable to the Notes, including (i) in the case of a Permanent Discontinuation Trigger affecting BBSW, AONIA; (ii) in the event of a Permanent Discontinuation Trigger affecting AONIA, the RBA Recommended Rate; and (iii) in the event of a Permanent Discontinuation Trigger affecting the RBA Recommended Rate, the Final Fallback Rate.

Related to Permanent Discontinuation Trigger

  • Permanent total disability means incapacity because of accidental injury or occupational disease to earn any wages in any employment for which the employee may become physically suited and reasonably fitted by education, training or experience, including vocational rehabilitation; loss of both hands, or both feet, or both legs, or both eyes, or any two thereof, shall constitute permanent total disability;

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Permanent Total Disablement means a bodily injury caused by accidental, external, violent and visible means, which as a direct consequence thereof totally disables and prevents the insured from attending to any business or occupation of any and every kind or if he/she has no business or occupation, from attending to his/her usual and normal duties that last for a continuous period of twelve calendar months from the date of the accident, with no hopes of improvement in future

  • Network Termination Point (NTP) means the physical point at which a subscriber is provided with access to a public communications network; in the case of networks involving switching or routing, the NTP is identified by means of a specific network address, which may be linked to a subscriber number or name;

  • Change in Control Period means the period beginning three (3) months prior to a Change in Control and ending twelve (12) months following a Change in Control.