Reset Rate Note definition

Reset Rate Note means any Class A-5 Notes or Class A-6 Notes, as applicable.
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Reset Rate Note means any Class A-[·] Notes.
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Reset Rate Note means any Class A-4 Notes, Class A-5A Notes, Class A-5B Notes, Class A-6A Notes, Class A-6B Notes, Class A-7A Notes, Class A-7B Notes or Class A-8 Notes, as applicable.
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Examples of Reset Rate Note in a sentence

  • The foregoing authorization shall represent a limited power of attorney granted by the Trust to the Administrator to act on its behalf, and the Administrator shall not be liable to any party, any third party or any Noteholder for any such actions taken in good faith and in accordance with these Reset Rate Note Procedures.

  • Each Noteholder and Note Owner of a Reset Rate Note shall be subject to the restrictions on transfer thereof set forth in Appendix A-3 to this Indenture.

  • The foregoing authorization shall represent a limited power of attorney granted by the Trust to the Administrator to act on its behalf and the Administrator shall not be liable to any party, any third party or any Noteholder for any such actions taken in good faith and in accordance with these Reset Rate Note Procedures.

  • No Reset Rate Noteholder or beneficial owner of any Reset Rate Note will have any rights or claims against any Remarketing Agent as a result of such Remarketing Agent’s not purchasing any tendered Reset Rate Note, which results in the declaration of a Failed Remarketing.

  • Each Reset Rate Noteholder or Note Owner, as applicable, of such Reset Rate Note, by its acceptance of a Reset Rate Note or a beneficial interest therein, respectively, also agrees that it will Transfer such Reset Rate Note or beneficial interest therein, as the case may be, only as provided herein and in accordance with the Indenture.

  • Any Remarketing Agent that owns a Reset Rate Note may exercise any vote or join in any action which any beneficial owner of the Reset Rate Notes may be entitled to exercise or take with like effect as if it did not act in any capacity under the Remarketing Agreement or Remarketing Agency Agreement.

  • Agent has received a timely delivered Hold Notice, if applicable (or if the holder of the Call Option has delivered the related Call Option Notice), on the Reset Date that commences each Reset Period, each Reset Rate Note will be automatically tendered, or deemed tendered, to the relevant Remarketing Agent for remarketing by such Remarketing Agent on the Reset Date at 100% of its Outstanding Amount.

  • The foregoing authorization shall represent a limited power of attorney granted by the Issuer to the Issuer Administrator to act on its behalf and the Issuer Administrator shall not be liable to any party, any third party or any Noteholder for any such actions taken in good faith and in accordance with these Reset Rate Note Procedures.

  • On any Quarterly Distribution Date on which the Indenture Trustee pays only a portion of the Reset Rate Notes Carry-over Amount (and any interest accrued thereon) on Reset Rate Notes, the Indenture Trustee shall give written notice in the manner set forth in the immediately preceding paragraph to the Registered Owner of such Reset Rate Note receiving such partial payment of the Reset Rate Notes Carry-over Amount remaining unpaid on such Reset Rate Note.

  • Such Reset Rate Notes Carry-over Amount shall be separately calculated for each Reset Rate Note by the Indenture Trustee during such Accrual Period in sufficient time for the Indenture Trustee to give notice to each Registered Owner of such Reset Rate Notes Carry-over Amount as required in the next succeeding sentence.


More Definitions of Reset Rate Note

Reset Rate Note means a Subordinated Note (as indicated in the applicable Final Terms);
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Related to Reset Rate Note

  • Fixed Rate Note means a Note on which interest is calculated at a fixed rate payable in arrear on a fixed date or fixed dates in each year and on redemption or on such other dates as may be agreed between the Issuer and the relevant Dealer(s) (as indicated in the applicable Final Terms);

  • Floating Rate Note means a Note on which interest is calculated at a floating rate, payable in arrear on one or more Interest Payment Dates in each year as may be agreed between the Issuer and the relevant Dealer, as indicated in the applicable Final Terms;

  • Fixed Rate Notes Together, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Bid Rate Note means a promissory note of the Borrower substantially in the form of Exhibit B, payable to a Lender.

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

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Federal Funds Open Rate Note Unless otherwise specified on the face hereof, “Federal Funds Open Rate” means the rate set forth on Moneyline Telerate (or any successor service) on page 5 (or any other page as may replace the specified page on that service) for an Interest Determination Date underneath the caption “FEDERAL FUNDS” in the row titled “OPEN”. If the rate is not available for an Interest Determination Date, the rate for that Interest Determination Date shall be the Federal Funds Rate as determined below.

  • Interest Rate Cap means a Cap.

  • Reset Rate has the meaning specified in Section 2(d).

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

  • Interest Rate Cap Provider if any, shall mean the entity listed as the Interest Rate Cap Provider in the Series Term Sheet, in its capacity as obligor under the Class Interest Rate Caps, or if any Replacement Class Interest Rate Caps or Qualified Substitute Cap Arrangements are obtained pursuant to Section 15, the obligor with respect to such Replacement Class Interest Rate Caps or Qualified Substitute Cap Arrangements.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.

  • Coupon Rate has the meaning set forth in Section 2.8.

  • Reset Rate of Interest means, in relation to a Reset Interest Period, the 7-year Mid-Swap Rate determined for such Reset Interest Period by the Fiscal Agent in accordance with Condition 5 (Interest);

  • Reset Dates The first day of each Calculation Period.

  • Interest Reset Date means, with respect to any Interest Period with respect to the Floating Rate Notes, the first day of such Interest Period; provided that if any Interest Reset Date would otherwise be a day that is not a Business Day, that Interest Reset Date will be postponed to the next succeeding day that is a Business Day, except that if that Business Day falls in the next succeeding calendar month, such Interest Reset Date will be the immediately preceding Business Day.

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • Fixed Rate Interest Payment Date has the meaning provided in Section 3.02(e)(i).

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • Variable Interest Rate means any interest rate that does not qualify as a fixed credit interest rate;

  • 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.

  • Interest Rate Cap Agreement means, as applicable, an Interest Rate Cap Agreement (together with the confirmation and schedules relating thereto) in form and substance reasonably satisfactory to Lender between Borrower and an Acceptable Counterparty or a Replacement Interest Rate Cap Agreement.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.