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 31 July 2023.
Rate Switch Date means the last day of the Interest Period that is current as at the Amendment Effective Date.

Examples of Rate Switch Date in a sentence

  • The Lender shall, promptly upon becoming aware of the occurrence of the Rate Switch Date, notify the Borrowers of that occurrence.


More Definitions of Rate Switch 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).
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 the earlier of:
Rate Switch Date has the meaning given to that term in Clause 8A.2 (Rate switch definitions).
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.