Reset Note Reset Date definition

Reset Note Reset Date means every date which falls on each Anniversary Date as may be specified hereon. “Reset Period” means the First Reset Period or a Subsequent Reset Period.
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Reset Note Reset Date means the First Reset Date and each Subsequent Reset Date (as applicable); “Reset Rate” means:
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Reset Note Reset Date means every date which falls on each Anniversary Date as may be specified hereon
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Examples of Reset Note Reset Date in a sentence

  • If there has not been a first Interest Payment Date or Reset Note Reset Date (as applicable), the Rate of Interest shall be the initial Rate of Interest.

  • If on any Reset Determination Date none of the Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 10(a), the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the Rate of Interest as at the last preceding Reset Note Reset Date or, in the case of the first Reset Determination Date, the First Reset Rate of Interest shall be the Initial Rate of Interest.

  • Thereafter, the interest rate may be recalculated on the First Reset Note Reset Date and each Reset Note Reset Date specified by reference to a Mid-Market Swap Rate for euros, and for a period equal to the Reset Period, of the Dated Tier 2 Notes, as adjusted for any applicable margin, in each case as specified in the Final Terms of the Dated Tier 2 Notes.Interest Deferral: The Issuer may on any Optional Interest Payment Date defer payments of interest on Dated Tier 2 Notes.

  • The amount of interest payable in respect of each Note from (and including) the Interest Commencement Date until (but excluding) the First Reset Note Reset Date shall be the relevant Fixed Coupon Amount and, if the Notes are in more than one Specified Denomination, shall be the relevant Fixed Coupon Amount in respect of the relevant Specified Denomination.


More Definitions of Reset Note Reset Date

Reset Note Reset Date. ’ means the Second Reset Note Reset Date and every date which falls on each Anniversary Date as may be specified hereon.
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Related to Reset Note Reset Date

  • Reset Date means the First Reset Date, the Second Reset Date and each Subsequent Reset Date (as applicable);

  • Note Interest Rate means a per annum rate equal to 0.02% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Reset Rate means, in connection with each Remarketing, the rate per annum (as determined by the Remarketing Agent(s) in consultation with the Company pursuant to the Remarketing Agreement) rounded to the nearest one thousandth (0.001) of one percent that the Notes shall bear.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Floating Rate Notes means the Class A-2b Notes.

  • Second Reset Date means the date specified as such in the Final Terms;

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.