Examples of Reset Rate Determination Date in a sentence
The Calculation Agent will, on the Reset Rate Determination Date, determine the Reset Rate of Interest.
In the event that any of the information required for the purposes of the determination of the 5-year Swap Rate does not appear on the Screen Page on the relevant Reset Rate Determination Date, the Reset Reference Bank Rate on that Reset Rate Determination Date as determined by the Calculation Agent.
If the Relevant Five-Year Reset Rate is still not determined on the Reset Rate Determination Date in accordance with the foregoing procedures, the Relevant Five-Year Reset Rate shall be the 5 Year Mid-Swap Rate that appeared on the most recent Screen Page that was last available prior to 11:00 a.m. (Central European Time) on the Reset Rate Determination Date, as determined by the Calculation Agent.
Relevant Five-Year Reset Rate means the mid swap rate for euro swap transactions with a maturity of five years displayed on Bloomberg page “ISDAFIX1” (or such other page as may replace that page on Bloomberg, or such other service as may be nominated by the person providing or sponsoring the information appearing there for the purposes of displaying comparable rates) at or around 11.00 a.m. (Central European Time) on the Reset Rate Determination Date.
Relevant Five-Year Reset Rate means the 5 Year Mid-Swap Rate displayed on the Screen Page at or around 11.00 a.m. (Central European Time) on the Reset Rate Determination Date.