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.
On any shift, Saturday shall be the twenty-four-hour period commencing at 12:00 midnight Friday.Sunday Shift Period.
Independent Directors The Designated Independent Director will be selected by the Bank, acting through the Branch, as holder of all of the outstanding LLC Common Securities and may be replaced by the Bank (except during a Shift Period or during such time as the LLC will have failed to pay Distributions on the Partnership Interests for the most recent Distribution Period).
Observation Shift Period: [5/[.] TARGET Settlement Days/U.S.Government Securities Business Days/London Banking Days/Not Applicable] (NB: A minimum of 5 should be specified for the Lag Period or Observation Shift Period, unless otherwise agreed with the Calculation Agent) .
Observation [5/[ specify other] U.S. Government Securities BusinessShift Period: 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, if applicable, such other party responsible for the calculation of the Rate of Interest, as specified in the applicable Final Terms.
Observation Shift Period:[5/[ specify other] London Banking Days][Not Applicable] (N.B. When setting the Lag Lookback Period (p) or the Observation Shift Period, the practicalities of this period should be discussed with the Agent or, if applicable, such other party responsible for the calculation of the Rate of Interest, as specified in the applicable Final Terms.
For these purposes, (i) the Reference Rate shall be deemed to be €STR in the case of €STR Compounded Index and SOFR in the case of SOFR 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 the Relevant Number and (v) D shall be deemed to be the Numerator.
For these purposes, (i) the Reference Rate shall be deemed to be SONIA in the case of 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 the Relevant Number, (v) D shall be deemed to be the Numerator and (vi) the Relevant Screen Page will be determined by the Issuer.
The instructor will turn in student excuses to the Registrar’s Office.
It is anticipated that the Lag Period or the Observation Shift Period will be no fewer than five London Banking Days unless otherwise agreed with the Agent or the Calculation Agent, as applicable)Relevant Number: [[Five][specify other] London Banking 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.