Reset Determination Date definition

Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date, in respect of the first Subsequent Reset Period, the second Business Day prior to the Second Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

Reset Determination Date means the second Business Day immediately preceding the Reset Date.

Reset Determination Date means for each Reset Period the date as specified in the Final Terms falling on or before the commencement of such Reset Period on which the rate of interest applying during such Reset Period will be determined.

Examples of Reset Determination Date in a sentence

• The Senior Notes shall bear interest from (and including) [●], 2024 to (but excluding) [·] (the “Reset Date”), at a rate of [●]% per annum, and from (and including) the Reset Date to (but excluding) the Maturity Date (the “Reset Period”), at a rate per annum equal to the applicable U.S. Treasury Rate (as defined below) as determined by the Calculation Agent on the Reset Determination Date (as defined below), plus [●]%.

• MATURITY DATE: August 15, 2030 for the Fixed Reset Rate Notes November 15, 2028 for the Floating Rate Notes INTEREST RATE: For the Fixed Reset Rate Notes - from (and including) August 15, 2024, to (but excluding) August 15, 2029, 4.964% per annum; and - from (and including) August 15, 2029 to (but excluding) maturity, a rate per annum equal to the applicable U.S. Treasury Rate as determined by the Calculation Agent on the Reset Determination Date, plus 1.220%.

More Definitions of Reset Determination Date

Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

Reset Determination Date means, in respect of a Reset Period, the date specified as such in the relevant Final Terms or Pricing Supplement, as applicable;

Reset Determination Date means, in respect of a Reset Period, the date specified as such in the relevant Final Terms.

Reset Determination Date means, in relation to a Reset Period, the day falling two Business Days prior to the Reset Date on which such Reset Period commences;

Reset Determination Date means, in respect of a Reset Period, (a) each date specified as such in the Final Terms or, if none is so specified, (b) (i) if the Specified Currency is Sterling or Renminbi, the first Business Day of such Reset Period, (ii) if the Specified Currency is Euro, the day falling two Business Days prior to the first day of such Reset Period, (iii) if the Specified Currency is US dollars, the day falling two U.S. Government Securities Business Days prior to the first day of such Reset Period (iv) for any other Specified Currency, the day falling two Business Days in the principal financial centre for such Specified Currency prior to the first day of such Reset Period;

Reset Determination Date means, for each Reset Period, the date specified hereon falling on or before the commencement of such Reset Period, on which the Subsequent Reset Rate applying during such Reset Period will be determined.

Reset Determination Date will be the second business day immediately preceding the Reset Date.