Spread Determination Date definition

Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.

Spread Determination Date means the Business Day that is two Business Days prior to the day of delivery of the request to make, convert or continue, as applicable, each Loan (and if such Loan is a Eurocurrency Rate Loan with an Interest Period longer than three months, the Market Rate Spread shall be reset to the Market Rate Spread as reported on the Business Day that is two Business Days prior to the day that is three months after the later of (i) the day on which such Eurocurrency Rate Loan was made, converted or continued and (ii) the last day on which the Market Rate Spread was reset).

Spread Determination Date means, at any time, (a) for any Eurocurrency Advance, (i) the date that is two Business Days before the commencement of the Interest Period applicable to such Advance and (ii) in the case of an Interest Period of more than three months’ duration, the date that is the last Business Day of each successive three-month period during such Interest Period, and (b) for any Base Rate Advance, (i) the Effective Date and (ii) the last day (or if such day is not a Business Day, the immediately preceding Business Day) of each calendar month after the Effective Date.

Examples of Spread Determination Date in a sentence

• The aggregate principal amount of Notes Outstanding at any time may not exceed such amount except as provided in Section 2.5. On each Spread Determination Date, upon receipt of an Issuer Order, the Indenture Trustee shall deliver a revised Schedule A for the Reset Rate Notes to the Custodians.

• On or before the Spread Determination Date, the Remarketing Agents, in consultation with the Administrator, will select the Swap Counterparty or Counterparties and any related Swap Agents and will cause any such Swap Agent or Swap Agents to enter into the required Swap Agreements on the Reset Date for the upcoming Reset Period.

• On each Spread Determination Date, upon receipt of an Issuer Order, the Indenture Trustee shall deliver a revised Annex 1 for the Class A-5a Notes to the DTC Custodian.

• Each Grantor confirms that value has been given by the Lender Group or the Bank Product Providers or any of them to such Grantor, that such Grantor has rights in its Collateral existing at the date of this Agreement and that such Grantor and the Agent have not agreed to postpone the time for attachment to the Security Interest in any of the Collateral of such Grantor.

• On the Floating Rate Spread Determination Date and the Fixed Rate Determination Date with respect to the first Remarketing Date, the Remarketing Dealer will determine the Dollar Price.

More Definitions of Spread Determination Date

Spread Determination Date means, for any class of Reset Rate Notes, not later than 3:00 p.m., New York City time, on the third Business Day prior to the applicable Reset Date.

Spread Determination Date means the date that is fifteen Business Days prior to each Cashflow Model Calculation Date;

Spread Determination Date means the date that is fifteen Toronto Business Days prior to each Cashflow Model Calculation Date;

Spread Determination Date means, at any time, (a) for any Term Rate Advance, (i) the date that is two Business Days before the commencement of the Interest Period applicable to such Advance and (ii) in the case of an Interest Period of more than three months’ duration, the date that is the last Business Day of each successive three-month period during such Interest Period, and (b) for any Base Rate Advance (i) the Effective Date and (ii) the last day (or if such day is not a Business Day, the immediately preceding Business Day) of each March, June, September and December after the Effective Date.

Spread Determination Date means, at any time, (a) for any Eurocurrency Advance, (i) the date that is two Business Days before the commencement of the Interest Period applicable to such Advance and (ii) in the case of an Interest Period of more than three months’ duration, the date that is the last Business Day of each successive three-month period during such Interest Period, and (b) for any Base Rate Advance or any Letter of Credit, (i) the Effective Date and (ii) the last day (or if such day is not a Business Day, the immediately preceding Business Day) of each March, June, September and December after the Effective Date.

Spread Determination Date means, at any time, (a) for any LIBO Rate Advance, (i) the date that is two Business Days before the commencement of the Interest Period applicable to such Advance and (ii) in the case of an Interest Period of more than three months’ duration, the date that is the last Business Day of each successive three-month period during such Interest Period, and (b) for any Floating Rate Advance, (i) the Effective Date and (ii) the first day (or if such day is not a Business Day, the immediately preceding Business Day) of each calendar quarter after the Effective Date.

Spread Determination Date means (i) for each Eurocurrency Rate Advance, the Business Day that is two Business Days prior to the day of delivery of the request to make, convert or continue, as applicable, such Eurocurrency Rate Advance (and if such Advance has an Interest Period longer than three months, the Credit Default Rate Spread shall be reset to the Credit Default Rate Spread as reported on the Business Day that is two Business Days prior to the day that is three months after the later of (x) the day on which such Eurocurrency Rate Advance was made, converted or continued and (y) the last day on which the Credit Default Rate Spread was reset) or (ii) for each Base Rate Advance, the last day of each calendar month.