Examples of Reference Rate Event in a sentence
Reference Rate Event Provisions: Not Applicable PART B – OTHER INFORMATION 1.
If the Issuer determines that a Reference Rate Event has occurred in respect of the Rate of Premium, the Issuer shall give a Reference Rate Event Notice to the Securityholders as soon as practicable in accordance with General Note Condition 14.
If the Securityholders provide the Issuer with details of the circumstances which could constitute a Reference Rate Event, the Issuer will consider such notice, but will not be obliged to determine that a Reference Rate Event has occurred solely as a result of receipt of such notice.
There is no certainty as to when a Reference Rate Event may occur.
The Issuer shall be under no duty to monitor, enquire or satisfy itself as to whether any Reference Rate Event has occurred.