Replacement Rate Adjustments definition

Replacement Rate Adjustments means such adjustments to the Terms and Conditions as are determined consequential to enable the operation of the Replacement Rate (which may include, without limitation, adjustments to the applicable Business Day Convention, the definition of Business Day, the Interest Determination Date, the Day Count Fraction and any methodology or definition for obtaining or calculating the Replacement Rate). In determining any Replacement Rate Adjustments the Relevant Guidance shall be taken into account.
Sample 1Sample 2Sample 3
Replacement Rate Adjustments means (a) such adjustments to the Conditions as the Relevant Determining Party determines in its reasonable discretion appropriate to reflect the operation of the relevant Replacement Rate (which may include, without limitation, adjustments to the applicable Business Day Convention, the definition of Business Day, the Interest Determination Day (to any day before, during or after the Interest Period), the Day Count Fraction, any methodology or definition for obtaining or calculating the Replacement Rate) and (b) any Adjustment Spread to apply to the relevant Replacement Rate. In determining any Replacement Rate Adjustments the Relevant Determining Party shall, preferentially but without limitation, take into account any Relevant Guidance.
Sample 1Sample 2Sample 3
Replacement Rate Adjustments means (a) such adjustments to the Terms and Conditions as the Relevant Determining Party determines in its reasonable discretion appropriate to reflect the operation of the relevant Replacement Rate (which may include, without limitation, adjustments to the applicable Business Day Convention, the definition of Business Day, the Determination Date (to any day before, during or after the Interest Period or Reset Period), the Day Count Fraction, any methodology or
Sample 1Sample 2Sample 3

Examples of Replacement Rate Adjustments in a sentence

  • Furthermore, the Issuer has a right for termination in the case of Floating Rate Notes if a Replacement Rate, an Adjustment Spread, if any, or the Replacement Rate Adjustments cannot be determined following a Rate Replacement Event as set out in the Terms and Conditions.

  • The Issuer shall give notice to the Pfandbriefholders in accordance with § 10 of the Replacement Rate and the Replacement Rate Adjustments as soon as practicable after the Replacement Rate Determination Date and shall request the Clearing System to attach the documents submitted to the Global Note in an appropriate manner to reflect the modification of the Conditions.

  • Furthermore, the relevant Issuer has a right for termination in the case of Floating Rate Notes if a Replacement Rate, an Adjustment Spread, if any, or the Replacement Rate Adjustments cannot be determined following a Rate Replacement Event as set out in the Terms and Conditions.

  • The Issuer shall give notice to the Securityholders in accordance with § [12] of the Replacement Rate and the Replacement Rate Adjustments as soon as practicable after the Replacement Rate Determination Date [in case of German law Securities the following applies: and shall request the Clearing System to attach the documents submitted to the Global Note in an appropriate manner to reflect the modification of the Conditions].

  • If a Replacement Rate, an Adjustment Spread, if any, or the Replacement Rate Adjustments cannot be determined pursuant to § 3[(8)](a) and (b), the Reference Rate in respect of the relevant Interest Determination Date shall be the Reference Rate determined for the last preceding Interest Period.

  • Furthermore, the Conditions of the Floating Rate Notes may provide for a termination right of the Issuer upon the occurrence of a Benchmark Event and a failure to determinethe Replacement Rate and Adjustment Spread, if any, or the Replacement Rate Adjustments in respect of the relevant Determination Day, as also referred to in the risk factor "2.2.2(b) (Specific risks arise in case of Floating Rate Notes that are linked to a EURIBOR reference rate due to the ongoing reforms of Benchmarks.)" above.

  • If, during the performance of Services ,any unforeseen hazardous substance, material, element or constituent or other unforeseen conditions or occurrences are encountered which, in Consultant's judgment, significantly affects or may affect the Services, the risk involved in providing the Services, or the recommended Scope of Services, Consultant will promptly notify Client.

  • If a Replacement Rate, an Adjustment Spread, if any, or the Replacement Rate Adjustments cannot be determined by the Relevant Determining Party pursuant to § 3 ([8]) (a) and (b), the Reference Interest Rate in respect of the relevant Determination Day shall be the Reference Interest Ratevorangehende Zinsperiode bestimmte Referenzzinssatz (der Vorherige Referenzzinssatz).

  • The Terms and Conditions shall be deemed to have been amended by the Replacement Rate Adjustments (as defined in § 3[(8)](b)(hh)) with effect from (and including) the relevant Interest Determination Date (including any amendment of such Interest Determination Date if so provided by the Replacement Rate Adjustments).

  • Furthermore, the Issuer has a right for termination in the case of Floating Rate Notes if a Replacement Rate, an Adjustment Spread, if any, or the Replacement Rate Adjustments cannot be determined following a Rate Replacement Event as set out in the Terms andConditions.


More Definitions of Replacement Rate Adjustments

Replacement Rate Adjustments means such adjustments to the
Sample 1
Replacement Rate Adjustments means (i) such adjustments to the Terms and Conditions as the Relevant Determining Party determines in its reasonable discretion appropriate to reflect the
Sample 1
Replacement Rate Adjustments means such adjustments to the Terms and Conditions as are determined consequential to enable the operation of the
Sample 1
Replacement Rate Adjustments means such adjustments to the Terms and Conditions as are determined consequential to enable the operation of the Replacement Rate (which may include, without limitation, adjustments to the applicable business day convention, the definition of Business Day, the Interest Determination Date, the Day Count Fraction and any methodology or definition for obtaining or calculating the Replacement Rate). In determining any Replacement Rate Adjustments the Relevant Guidance shall be taken in account.If a Replacement Rate, an Adjustment Spread, if any, or the Replacement Rate Adjustments cannot be determined pursuant to the foregoing, the Reference Rate in respect of the relevant Interest Determination Date shall be the Reference Rate determined for the last preceding Interest Period. The Issuer will inform the Calculation Agent accordingly. The Calculation Agent will, on or as soon as practicable after each time at which the Rate of Interest is to be determined, calculate the amount of interest (the "Interest Amount") payable on the Notes for the relevant Interest Period. Each Interest Amount shall be calculated by applying the Rate of Interest and the Day Count Fraction specified on the face of the Global Note to the denomination of the Notes and rounding the resultant figure to the nearest unit of the relevant currency, with 0.5 of such unit being rounded upwards. Subject to Condition 2(e) (Rate Replacement), the Calculation Agent will cause the Rate of Interest, each Interest Amount for each Interest Period, each Interest Period and therelevant Interest Payment Date to be notified to the Issuer and to the holders of the Notes in accordance with § 8 as soon as possible after their determination. Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of an extension or shortening of the Interest Period. Any such amendment will be promptly notified to the holders of the Notes in accordance with§ 8. All certificates, communications, opinions, determinations, calculations, quotations and decisions given, expressed, made or obtained for the purposes of the provisions of this § 4 by the Calculation Agent shall (in the absence of manifest error) be binding on the Issuer, the Issuing and Paying Agent and the holders of the Notes. Payments
Sample 1

Related to Replacement Rate Adjustments

  • Replacement Rate has the meaning assigned thereto in Section 4.2.(b).

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").