SORA Observation Period definition

SORA Observation Period means, for the relevant Interest Accrual Period, the period from, and including, the date falling "p" Singapore Business Days prior to the first day of such Interest Accrual Period (and the first Interest Accrual Period shall begin on and include the Interest Commencement Date) and to, but excluding, the date falling "p" Singapore Business Days prior to the Interest Period Date for such Interest Accrual Period (or the date falling "p" Singapore Business Days prior to such earlier date, if any, on which the Notes become due and payable).
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SORA Observation Period means, for the relevant Interest Accrual Period, the period from, and including, the date falling five Singapore Business Days (or, if higher, such other number of Singapore Business Days specified hereon) prior to the first day of such Interest Accrual Period (and the first Interest Accrual Period shall begin on and include the Interest Commencement Date) and to, but excluding, the date falling five Singapore Business Days (or, if higher, such other number of Singapore Business Days specified hereon) prior to the Interest Period Date at the end of such Interest Accrual Period (or the date falling five Singapore Business Days (or, if higher, such other number of Singapore Business Days specified hereon) prior to such earlier date, if any, on which the Notes become due and payable);
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SORA Observation Period means, in respect of any Floating Interest Period, the period from (and including) the day falling “p” Singapore Business Days prior to the first day of such Floating Interest Period to (but excluding) the day falling “p” Singapore Business Days prior to the Interest Payment Date for such Floating Interest Period or such other date on which the relevant payment of interest falls due (but which by its definition or the operation of the relevant provisions is excluded from such Floating Interest Period); and
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Related to SORA Observation Period

  • SOFR Observation Period means, in respect of an Interest Accrual Period, the period from (and including) the date falling the number of SOFR Observation Shift Days prior to the first day of such Interest Accrual Period to (but excluding) the date falling the number of SOFR Observation Shift Days prior to the Interest Period Date for such Interest Accrual Period;

  • Observation Period means, in respect of an Interest Period, the period from, and including, the date falling "p" London Banking Days prior to the first day of such Interest Period (and the first Interest Period shall begin on and include the Interest Commencement Date) and ending on, but excluding, the date which is p London Banking Days prior to the Interest Payment Date for such Interest Period (or the date falling p London Banking Days prior to such earlier date, if any, on which the Notes become due and payable);

  • Observation Shift Days means the number of London Banking Days specified in the relevant Final Terms; and

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.