Reference Rate Amendment definition

Reference Rate Amendment. A supplemental indenture to be executed by the Issuers and the Trustee at the direction of the Collateral Manager to elect a Benchmark with respect to the Floating Rate Notes (and make related changes advisable or necessary in the judgment and as determined by the Collateral Manager to implement the use of such replacement rate) pursuant to Section 8.1(a)(xxiv).
Reference Rate Amendment. The meaning specified in Section 8.1(xxiii).
Reference Rate Amendment has the meaning set forth in Section 17.2.

Examples of Reference Rate Amendment in a sentence

  • The spread over the Reference Rate (or, in the case of the Fixed Rate Notes, the Interest Rate) applicable to any Class of Re-Pricing Eligible Notes may be reduced in connection with a Re-Pricing of such Class of Notes pursuant to Section 9.7. Pursuant to a Reference Rate Amendment or as otherwise set forth herein, the Reference Rate in respect of the Floating Rate Notes may be changed to a non-LIBOR Reference Rate.

  • This requirement applies to licensees renewing licenses that expire on or after April 1, 2016 that were approved before October 1, 2013.

  • Section 8.2(a)(i) is hereby amended by deleting the text "except in connection with a Re-Pricing, Interest Rate (if any);" and replacing with the text "except in connection with a Re-Pricing or (in the case of the Class A-1 Notes) a Reference Rate Amendment, Interest Rate (if any);".

  • Section 7.15 is hereby further amended to insert the following as a new clause (c): (c) From and after the effectiveness of a Reference Rate Amendment consented to by the Calculation Agent, the obligations of the Calculation Agent with respect to the calculation of the Reference Rate applicable to the Reference Rate Eligible Notes shall be as set forth in this Indenture as amended by such Reference Rate Amendment.

  • For the avoidance of doubt, (i) if 100% of the Class D-R Notes has consented to a Reference Rate Amendment in accordance with 8.1(a)(xvi), this Section 8.2(b) shall no longer be effective with respect to the Class D-R Notes and (ii) if 100% of the Class E-R Notes has consented to a Reference Rate Amendment in accordance with 8.1(a)(xvi), this Section 8.2(b) shall no longer be effective with respect to the Class E-R Notes.

  • The 57Fe Mössbauer spectra and fitting parameters for the spectra obtained for the MW, MW- C, FA-10 and BA-10 samples are displayed in Figure 4 and Table 6, respectively.

  • Pursuant to a Reference Rate Amendment, LIBOR may be changed to an Alternate Reference Rate.

  • Following any Reference Rate Amendment, references to LIBOR in this definition shall be to the applicable non-Libor reference rate and references to a London interbank offered rate based index shall be to an index (if any) based on such non-Libor reference rate.

  • The Trustee is not responsible for the selection or use of CUSIP/ISIN numbers, or for the accuracy or correctness of CUSIP/ISIN numbers printed on any Notes or as indicated in this notice.Pursuant to Section 8.3(i) of the Indenture, the Issuer (or the Collateral Manager on behalf of the Issuer) may enter into a Reference Rate Amendment in order to change the Reference Rate in respect of the Floating Rate Notes from LIBOR to an Alternative Reference Rate.

  • The Reference Rate may be changed from LIBOR to (x) the Designated Reference Rate or (y) an alternate reference rate adopted in a Reference Rate Amendment, in each case, in accordance with requirements set forth in the Indenture.


More Definitions of Reference Rate Amendment

Reference Rate Amendment. The meaning specified in Section 8.1(xxiii). “Reference Rate Floor Obligation”: As of any date of determination, a Floating Rate Obligation (a) the interest in respect of which is paid based on the Reference Rate and (b) that provides that such rate is (in effect) calculated as the greater of (i) a specified “floor” rate per annum and (ii) the Reference Rate for the applicable interest period for such Collateral Obligation. “Refinancing”: A loan or an issuance of replacement securities, whose terms in each case will be negotiated by the Issuer or, upon request of the Issuer, by the Collateral Manager on behalf of the Issuer, from one or more financial institutions or purchasers to refinance the Debt in connection with an Optional Redemption. “Refinancing Obligation”: Each loan or replacement security issued in connection with a Refinancing. “Refinancing Proceeds”: The net Cash proceeds from a Refinancing. “Regional Diversity Measure”: As of any date of determination, the number obtained by dividing (a) 1 by (b) the sum of the squares of the quotients, for each S&P Region Classification, obtained by dividing (i) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations) issued by Obligors that belong to
Reference Rate Amendment. A supplemental indenture to elect an Alternative Reference Rate with respect to the Floating Rate Notes (and make related changes advisable or necessary to implement the use of such replacement rate, including any Benchmark Replacement Rate Adjustment) pursuant to Section 8.1(xxvii).
Reference Rate Amendment. A supplemental indenture to elect a non-Term SOFR reference rate with respect to the Floating Rate Debt (and make related changes advisable or necessary to implement the use of such replacement rate) as described in Section 8.3.
Reference Rate Amendment. A supplemental indenture to modify the Reference Rate.

Related to Reference Rate Amendment

  • Applicable Margin means:

  • Reference Rate means the rate specified as such hereon.

  • Refinancing Amendment means an amendment to this Agreement that is reasonably satisfactory to the Administrative Agent and the Borrower executed by (a) the Borrower, (b) the Administrative Agent and (c) each Lender that agrees to provide all or any portion of the Replacement Term Loans being incurred pursuant thereto and in accordance with Section 9.02(c).