Reference Treasury definition

Reference Treasury means, with respect to any Price Determination Date, the U.S. Treasury security or securities selected by the Issuer (in consultation, to the extent practicable, with the Determination Agent) (i) with an actual or interpolated maturity comparable with the remaining term to the Par Redemption Date and (ii) that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in U.S. Dollars and a maturity comparable to the remaining term to the Par Redemption Date.

Reference Treasury means, in respect of a Reset Period, the U.S. Treasury security or securities selected by us (following, where practicable, consultation with an investment bank or financial institution determined to be appropriate by us (which may be the Calculation Agent)) (i) with a maturity date on or about the last day of such Reset Period and (ii) that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in U.S. dollars and having a maturity of five years.

Reference Treasury means the United States Treasury Xxxx or Note having the interest rate and maturity specified below opposite the term "Reference Treasury".

Examples of Reference Treasury in a sentence

• All determinations made by any Reference Treasury Dealer, including the Quotation Agent, with respect to determining the Redemption Price will be final and binding absent manifest error.

• The Company shall provide the Trustee with written notice of the Special Event Redemption Price promptly after the calculation thereof, which notice shall include any calculation made by the Reference Treasury Dealer in connection with the determination of the Special Event Redemption Price.

• All determinations made by any Reference Treasury Dealer with respect to determining the Redemption Price pursuant to this Section 11.01(b) shall be final and binding on the Company, the Guarantors, the Trustee and the Holders absent manifest error.

• Government Securities” or (ii) if such release (or any successor release) is not published or does not contain such prices on such business day, (a) the average of the Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest of such Reference Treasury Dealer Quotations, or (b) if the Company obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such Quotations.

• If the Reference Treasury Dealer shall cease to be a primary U.S. Government securities dealer, the Company will substitute another nationally recognized investment banking firm that is a primary U.S. Government securities dealer.

More Definitions of Reference Treasury

Reference Treasury means, with respect to any Price Determination Date, the U.S. Treasury security or securities selected by the Determination Agent (i) with an actual maturity equal to the Remaining Life and (ii) if

Reference Treasury means, with respect to any Price Determination Date, the U.S. Treasury security or securities selected by the Determination Agent (i) with an actual maturity equal to the Remaining Life and (ii) if there is no U.S. Treasury security maturing on the Par Redemption Date but there are two or more U.S. Treasury securities with a maturity date equally distant from the Par Redemption Date, one with a maturity date preceding the Par Redemption Date and one with a maturity date following the Par Redemption Date, the Determination Agent shall select the U.S. Treasury security with a maturity date preceding the Par Redemption Date. If there are two or more U.S. Treasury securities maturing on the Par Redemption Date or two or more U.S. Treasury securities meeting the criteria of the preceding sentence, the Determination Agent shall select from among these two or more U.S. Treasury securities the U.S. Treasury security that is trading closest to par based upon the average of the bid and asked prices for such U.S. Treasury securities at 11:00 a.m., New York City time. In determining the Reference Treasury in accordance with the terms of this paragraph, the semi-annual yield to maturity of the applicable U.S. Treasury security shall be based upon the average of the bid and asked prices (expressed as a percentage of principal amount) at 11:00 a.m., New York City time, of such U.S. Treasury security, and rounded to three decimal places.

Reference Treasury means, with respect to any Price Determination Date, the U.S. Treasury security or securities selected by us (in consultation, to the extent practicable, with the Determination Agent) (i) with an actual or interpolated maturity comparable with the remaining term to the applicable Par Redemption Date and

Reference Treasury means the United States Treasury Bill or Note havixx xhe interest rate and maturity set forth in a Confirmation.

Reference Treasury means, in respect of a Reset Period, the U.S. Treasury security or securities selected by us (following, where practicable, consultation with an investment bank or financial institution determined to be appropriate by us (which may be the Calculation Agent)) (i) with a maturity date on or about the last day of such Reset Period and

Reference Treasury means the U.S. Treasury 5 1/2% Bond due February 15, 2008; provided that if in the good faith judgment of the Administrative Agent, such Bond has been redeemed, converted, repurchased, called or exchanged in full or the aggregate outstanding principal amount thereof has been materially reduced by redemption, repurchase or otherwise, then the Administrative Agent shall identify a substitute security issued or guaranteed by the United States to replace such Bond (and such replacement shall be the "Reference Treasury") and, if necessary, shall make such adjustments to the determination of Mexican Bond Spread (including for purposes of both clauses (i) and (ii) of the definition of Mexican Spread Increase and Mexican Spread Decrease as determined thereby) as may be necessary to preserve the value of adjustments to the different interest rates intended by the parties hereto to be made hereunder.

Reference Treasury means, in respect of a Reset Period, the U.S. Treasury security or securities selected by us (following, where practicable, consultation with an investment bank or financial institution determined to