Reset Rate of Interest Determination Date definition

Reset Rate of Interest Determination Date means, in relation to a Reset Interest Period, the day falling two U.S. Government Securities Business Days prior to the Reset Date on which such Reset Interest Period commences;
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Reset Rate of Interest Determination Date means, in respect of the determination of the Reset Rate of Interest applicable during any Reset Period, the day falling two Business Days prior to the Reset Date on which such Reset Period commences.
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Reset Rate of Interest Determination Date means the day falling two Business Days prior to the Reset Date;
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Examples of Reset Rate of Interest Determination Date in a sentence

  • The Calculation Agent will, as soon as reasonably practicable after 11:00 a.m. (Central European time) on each Reset Rate of Interest Determination Date in relation to a Reset Interest Period, determine the Reset Rate of Interest for such Reset Interest Period.

  • The Agent will, as soon as practicable after 11:00 a.m. (Central European time) on each Reset Rate of Interest Determination Date, determine the applicable Reset Rate of Interest.

  • If as of [the] [a] Reset Rate of Interest Determination Date only one of the Reference Banks provides a quotation for the [respective Relevant] Swap Rate, the [respective Relevant] Swap Rate shall be equal to the rate quoted by such Refer- ence Bank.

  • The Calculation Agent will, as soon as practicable after 11:00a.m. (Central European time) on each Reset Rate of Interest Determination Date, calculate the Reset Rate of Interest for such Reset Interest Period.

  • Based on the positive experience, and including the affirmative feedback from EBRD HQ, the Secretariat intends to open a call for interns which will be displayed under IC web site.

  • The Fiscal Agent will, as soon as reasonably practicable after 11:15 a.m. (Frankfurt time) on the day falling two TARGET Settlement Days prior to the Reset Date (the Reset Rate of Interest Determination Date), determine the Reset Rate of Interest.

  • If the [respective Relevant ] Swap Rate cannot be determined in accordance with the foregoing provisions of this paragraph, the [respective Relevant] Swap Rate shall be the quotation or the arithmetic mean of the quotations on the Screen Page, as described above, on the last day preceding the Reset Rate of Interest Determination Date on which such quotations were offered.[“ Margin [for the first Reset Period]” means [●] per cent.

  • The Calculation Agent will, as soon as practicable on each Reset Rate of Interest Determination Date in relation to a Reset Interest Period, determine the CMT Rate for such Reset Interest Period and calculate the amount of interest payable per Calculation Amount on the Interest Payment Dates in relation to each Interest Period falling in such Reset Interest Period (each a "Reset Interest Amount").

  • The Fiscal Agent will, as soon as reasonably practicable after 11:00 a.m. (Central European time) on the Reset Rate of Interest Determination Date, determine the Reset Rate of Interest.

  • The Calculation Agent will, as soon as practicable after 11:15 a.m. (Hong Kong time) on the Reset Rate of Interest Determination Date, determine the Reset Rate of Interest for the Reset Interest Period and calculate the amount of interest payable per Note on the Interest Payment Dates in relation to each Interest Period falling in the Reset Interest Period as provided in Condition 5.7 below (each a “Reset Interest Amount”).


More Definitions of Reset Rate of Interest Determination Date

Reset Rate of Interest Determination Date means the day falling seven U.S. Government Securities Business Days (as defined in the Conditions) before the first day of a Reset Period.
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Reset Rate of Interest Determination Date means the day falling two Business Days prior to the First Call Date.
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Reset Rate of Interest Determination Date means the second Business Day prior to the Reset Date. (3) Auflaufende Zinsen. Der Zinslauf der Schuldverschreibungen endet mit Beginn des Tages, an dem sie zur Rückzahlung fällig werden.(3) Accrual of Interest. The Notes shall cease to bear interest as from the beginning of the day on which they are due for redemption. (4) Bestimmung des Reset-Zinssatzes. Die Berechnungsstelle wird den Reset-Zinssatz am Reset-Zinssatz-Bestimmungstag feststellen und veranlassen, dass der Reset-Zinssatz der Emittentin, der Anfänglichen Zahlstelle oder jeder anderen Zahlstelle und jeder Börse, an der die Schuldverschreibungen zu diesem Zeitpunkt notiert sind und deren Regeln eine Mitteilung verlangen, sowie den Gläubigern gemäß § 13(4) Determination of the Reset Rate of Interest. On the Reset Rate of Interest Determination Date, the Calculation Agent will determine the Reset Rate of Interest and will cause the Reset Rate of Interest to be notified to the Issuer, the Initial Paying Agent or any other relevant Paying Agent and, if required by the rules of any stock exchange on which the Notes are then listed, to such stock exchange and to the Holders inbaldmöglichst nach Feststellung, aber keinesfalls später als am vierten auf die Feststellung folgenden Geschäftstag mitgeteilt werden.accordance with § 13 as soon as possible after its determination but, in any case, not later than the fourth Business Day after its determination. (5) Berechnung der Zinsen für Teile von Zeiträumen. Sofern Zinsen für einen Zeitraum von weniger als einem Jahr zu berechnen sind, erfolgt die Berechnung des betreffenden Zinsbetrags auf der Grundlage des Zinstagequotienten (wie nachstehend definiert).(5) Calculation of Interest for Partial Periods. If interest is required to be calculated for a period of less than one full year, the respective amount of interest shall be calculated on the basis of the Day Count Fraction (as defined below). (6) Zinstagequotient. "Zinstagequotient" bezeichnet im Hinblick auf die Berechnung des Zinsbetrags auf die Schuldverschreibungen für einen beliebigen Zeitraum (der "Zinsberechnungszeitraum"):(6) Day Count Fraction. "Day Count Fraction" means, in respect of the calculation of an amount of interest on the Notes for any period of time (the "Calculation Period"):
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Related to Reset Rate of Interest Determination Date

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;

  • 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 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);

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such other day as otherwise reasonably determined by the Administrative Agent).

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

  • Initial Rate of Interest means the initial rate of interest per annum specified as such in the relevant Final Terms;