Examples of Specified Duration in a sentence
If “Linear Interpolation” is specified as applicable then the Calculation Agent will determine, based on Linear Interpolation, the Interest Rate for any specified Interest Calculation Period (or if no Interest Calculation Period is specified, each Interest Calculation Period not equal to the Specified Duration).
If ‘Linear Interpolation’ is specified as applicable in the Series Terms, then the Calculation Agent shall determine, based on Linear Interpolation, the Rate of Interest for any specified Interest Accrual Period (or, if no Interest Accrual Period is specified, each Interest Accrual Period not equal to the Specified Duration specified as applicable in the Series Terms, ignoring any adjustment made in accordance with any Business Day Convention).
Relevant Rate means the Benchmark for a Representative Amount of the Specified Currency for a period (if applicable or appropriate to the Benchmark) equal to the Specified Duration commencing on the Effective Date.
The Specified Duration is a period of fifteen (15) months following the termination of Employee’s employment, or, if the period of fifteen (15) months is determined by a court of competent jurisdiction or arbitrator to be unreasonably broad or you are employed by Insight in the District of Columbia, Massachusetts, Oregon, or Utah at the time of termination, then a period of twelve (12) months following the termination of Employee’s employment.
If ‘Linear Interpolation’ is specified as applicable in the Series Terms, then the Calculation Agent shall determine, based on Linear Interpolation, the Rate of Interest for any specified Interest Accrual Period (or, if no Interest AccrualPeriod is specified, each Interest Accrual Period not equal to the Specified Duration specified as applicable in the Series Terms, ignoring any adjustment made in accordance with any Business Day Convention).