Shift Period definition

Shift Period means, for any Observation Period, and where ‘Observation Period Shift’ is specified as the Observation Method in the applicable Final Terms or Pricing Supplement, the number of United States Government Securities Business Days specified as such in the applicable Final Terms or Pricing Supplement;
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Shift Period. Shift Event", "Ordinary Shares", "Parity Securities" and "Junior Securities" have the meanings defined in the Waiver and Improvement Agreement, as amended;
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Shift Period. This shall be an eight (8) hour period for employees working a five (5) day workweek or a ten (10) hour period for employees working a four (4) workweek.
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Examples of Shift Period in a sentence

  • The following rates shall apply on Sundays and holidays and all work before a shift begins and after it ends: Saturday Shift Period.

  • For these purposes, (i) the Reference Rate shall be deemed to be SOFR in the case of SOFR Compounded Index and SONIA in the case of SONIA Compounded Index; (ii) the Calculation Method shall be deemed to be Compounded Daily; (iii) the Observation Method shall be deemed to be Observation Shift; (iv) the Observation Shift Period shall be deemed to be “p”; (v) D shall remain the same; and (vi) in the case of SONIA, the Relevant Screen Page will be determined by the Issuer.

  • Off-Prime Shift Period: 5:01PM - 7:59AM Weekdays plus weekends and holidays.

  • Observation Method: [Lookback][Lock- out][Observation Shift][Not Applicable] Lookback Period (p): [Five/[specify other]U.S. Government Securities Business Days][Not Applicable] Observation Shift Period: [Five/[specify other] U.S. Government Securities Business Days][Not Applicable] (N.B. When setting the Lookback Period (p) or the Observation Shift Period, the practicalities of this period should be discussed with the Agent or the Calculation Agent, as applicable.

  • It is anticipated that Lookback Period (p) or the Observation Shift Period will be no fewer than Five U.S. Government Securities Business Days unless otherwise agreed with the Agent or the Calculation Agent, as applicable)Relevant Number: [Five/[specify other] U.S. Government Securities Business Days][Not Applicable] (N.B. When setting the Relevant Number, the practicalities of this period should be discussed with the Agent or the Calculation Agent, as applicable.

  • The term of such director elected thereby shall terminate, and the total number of directors shall be decreased by one, upon the first meeting of Securityholders after the payment or the declaration and setting aside for payment of full dividends on the Series A Preferred Securities for four consecutive Series A Dividend Periods and if a Shift Period is not then in effect.

  • The Bank hereby agrees to take the actions set forth below following the occurrence of a Shift Event, whether or not a Shift Period remains in effect.

  • If, with respect to any Interest Period, the relevant rate is not published for the Compounded Index either on the relevant Start or End date, then the Agent shall calculate the rate of interest for that Interest Period as if Index Determination was specified in the applicable Final Terms as not being applicable and Observation Shift had been specified as the Observation Method in the applicable Final Terms, and where the Observation Shift Period shall be deemed to be the same as the Relevant Number.


More Definitions of Shift Period

Shift Period means, for any Observation Period, and where ‘Observation Period Shift’ is specified as the Observation Method in the applicable Final Terms or Pricing Supplement, the
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Shift Period means any period commencing on the occurrence of any Shift Event and ending upon the date immediately preceding the first date upon which no Shift Event exists.
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Shift Period means the period from the day of occurrence of a Shift Event through but excluding the first day on which none of the elements of a Shift Event is present. In the case of decline in the total risk-based capital ratio or Tier 1 risk-based capital ratio below the applicable requirement, that element of a Shift Event will cease to exist at any time the Bank certifies to the Company pursuant to a Capital Adequacy Certificate, that both capital ratios equal or surpass the applicable requirement. In the case of a Receivership Proceeding, that element of a Shift Event will cease to exist at any time such Receivership Proceeding is terminated (either because the Bank is no longer subject to any procedure under law n(degree) 85-98 of January 25, 1985 (or any similar procedure in the future) other than a plan de continuation or no receiver is any longer appointed in relation to the Bank). In the case of determination by the French Banking Commission, that element will cease to exist if the French Banking Commission provides a further notice to the Bank and to the Company that the relevant Shift Event will not apply in the near term.
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Related to Shift Period

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Project Period means the period es- tablished in the award document dur- ing which Federal sponsorship begins and ends.

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • Payment Period means the three months following each Collection Quarter.

  • Period shall have the meaning ascribed to it in Schedule 8;