SARON Index Cessation Effective Date definition

SARON Index Cessation Effective Date means the earliest of:
SARON Index Cessation Effective Date means, in respect of a SARON Index Cessation Event, the earliest of:
SARON Index Cessation Effective Date means the earliest of (as determined by the Calculation Agent and notified by the Calculation Agent to the Issuer):

Examples of SARON Index Cessation Effective Date in a sentence

  • If a SARON Index Cessation Event occurs, the rate for a SARON Fixing Day occurring on or after the SARON Index Cessation Effective Date will be the NWG Recommended Rate.

  • If there is an NWG Recommended Rate before the end of the first Zurich Banking Day following the SARON Index Cessation Effective Date but neither the administrator nor authorized distributors provide or publish the NWG Recommended Rate, then, subject to the below, in respect of any day for which the NWG Recommended Rate is required, references to the NWG Recommended Rate will be deemed to be references to the last provided or published NWG Recommended Rate.


More Definitions of SARON Index Cessation Effective Date

SARON Index Cessation Effective Date means the earliest of, in the case of the occurrence of a SARON Index Cessation Event described in:
SARON Index Cessation Effective Date means, in respect of SARON and a SARON Index Cessation Event, the first date on which SARON would ordinarily have been provided and is no longer provided;

Related to SARON Index Cessation Effective Date

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • Plan Effective Date means the “Effective Date” as defined in the Plan of Reorganization.

  • €STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • OBFR Index Cessation Event means the occurrence of one or more of the following events:

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent: