Rate Switch Date definition

Rate Switch Date means the last day of the Floating Rate Interest Period that is current as at the “Effective Date” as defined in the Fifth Supplemental Agreement.
Rate Switch Date means the last day of the Interest Period that is current as at the Amendment Effective Date.
Rate Switch Date means the first day of the Interest Period in respect of the Loan fixed after the Effective Day (or any such other date as the Lender and the Borrower may agree but which shall, in no event, be later than the end of the first Interest Period falling due after 30 June 2023); and

Examples of Rate Switch Date in a sentence

  • In respect of each Interest Period commencing prior to the Interest Rate Switch Date, the Securities shall bear interest at a fixed rate.

  • From and including the Interest Rate Switch Date, the Interest Rate in respect of each Interest Period shall be subject to the Maximum Interest Rate and the Minimum Interest Rate.

  • After the Interest Rate Switch Date, the interest amount payable in respect of the Securities is calculated by reference to the Interest Rate described in the Product Conditions which is a variable rate and a fall in the Interest Rate will reduce the amount of interest payable in respect of the Securities.

  • Develop awareness of the various opportunities for activism and community organizing occurring in local, state, national, and international settings and are able to identify potential ways to provide group worker expertise.

  • Applicable – the method by which interest is determined shall alter on the Interest Rate Switch Date.


More Definitions of Rate Switch Date

Rate Switch Date means 16 June 2023.
Rate Switch Date means the earlier of:
Rate Switch Date has the meaning given to it in Schedule 3. Reference Rate has the meaning given to it in Schedule 3.
Rate Switch Date means 30 August 2023 or any other date agreed as such between the Owner and the Charterer.
Rate Switch Date means in respect of the Loan and Unpaid Sum the earlier of:
Rate Switch Date means, if the Borrowers request a switch from a Compounded Reference Rate to a Term SOFR Reference Rate, the date (which shall be the last day of an Interest Period) on which the Facility Agent, acting in its individual capacity and on behalf and on the instructions of the Lenders, agree in writing that interest under this Agreement should be calculated by reference to the Term SOFR Reference Rate.
Rate Switch Date has the meaning given to that term in Clause 8A.2 (Rate switch definitions).