Relevant Rates Benchmark definition

Relevant Rates Benchmark means, in respect of any Notes:
Sample 1Sample 2Sample 3
Relevant Rates Benchmark means the Relevant Rate (or, if applicable, the index, benchmark or other price source that is referred to in the Relevant Rate);
Sample 1Sample 2Sample 3

Examples of Relevant Rates Benchmark in a sentence

  • If the Issuer or its designee determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Relevant Time in respect of any determination of the Relevant Rates Benchmark on any date, the Benchmark Replacement will replace the then-current Relevant Rates Benchmark for all purposes relating to the Obligations in respect of such determination on such date and all determinations on all subsequent dates.

  • This poses a limitation to some of the products ever getting patented.

  • Benchmark Discontinuance or Prohibition on Use:Administrator/Benchmark Event: applicable for Condition 7(f):[Not Applicable] [Applicable as per the Conditions] [Alternative Pre-nominated Reference Rate: [None] [Specify] (specify in respect of each Relevant Rates Benchmark)] [Early Redemption Amount (Benchmark Trigger Event) – Fair Market Value Less Costs] / [Early Redemption Amount (Benchmark Trigger Event) – Fair Market Value] shall apply] / [Not Applicable]25.

  • The outreach program for all 22 entities is managed by a half-time FTE housed in the Office of Lakes & Watersheds.A list of the municipalities, the permit, inter-municipal agreement, outreach efforts, research, and much more can be found at www.myfairlakes.com/mamswap.aspx.

  • Following the occurrence of any of these events the Issuer, in consultation with the Calc ulation Agent, may replace the Relevant Rates Benchmark with any “Alternative Pre-nominated Reference Rate” which has been specified in the applicable Final Terms or if no Alternative Pre-nominated Reference Rate is specified in the applicable Final Terms, with an alternative rate that is consistent with accepted market practice for debt obligations such as the Notes.

  • If the Issuer determines that such a requirement applies to the administrator or sponsor (or the Relevant Rates Benchmark) but it has not been satisfied then an “Administrator/Benchmark Event” will occur and the Issuer, in consultation with the Calculation Agent, may then apply certain fallbacks.

  • One example, supported by state and non-state agencies for at least a global distribution mechanism of money is the Global Fund to AIDS, Tuberculosis and Malaria http://www.theglobalfund.org/en/churches, NGOs, cooperatives whose potential to report problems, to act or at least to monitor developments increase due to the emergence of new communication techniques based on the Internet.

  • In the case where the Notes reference a Relevant Rates Benchmark, the fallbacks summarised in the risk factor entitled “Future discontinuance of LIBOR may adversely affect the value of Floating Rate Notes which reference LIBOR” above will apply.

  • This Condition 8(e) (Effect of Benchmark Transition Event) applies where the Relevant Rates Benchmark is U.S. dollar LIBOR or SOFR.

  • The cessation of publication of the GBP LIBOR ICE Swap Rate or the USD LIBOR ICE Swap Rate may trigger the applicable fallbacks that are contained Conditions 6.17 (Relevant Rates Benchmark Discontinuance or Prohibition on Use) to 6.20 (General Fallback Arrangements) having the consequences and risks described below.

Related to Relevant Rates Benchmark

  • Relevant Rate means the Benchmark for a Representative Amount of the Specified Currency for a period (if applicable or appropriate to the Benchmark) equal to the Specified Duration commencing on the Effective Date.

  • Relevant Benchmark means the Index, the Reference Interest Rate and any other index, benchmark or price source by reference to which principal or other amounts payable under the Securities is calculated.

  • Term Benchmark when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted Term SOFR Rate.

  • Benchmark means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.15(a).

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • Settlement Rate has the meaning specified in Section 5.1.

  • Determination Date With respect to any Distribution Date, the 15th day of the month of such Distribution Date or, if such 15th day is not a Business Day, the immediately preceding Business Day.

  • Benchmarks mean the performance milestones that are set forth in Appendix D.