Subsequent Reset Reference Rate definition

Subsequent Reset Reference Rate means either:

Examples of Subsequent Reset Reference Rate in a sentence

  • Most evidence regarding gender pay inequality comes from surveys of individuals that contain occupatio- nal data but lack good indicators of firms and jobs.

  • On the Reset Date (or on each Reset Date, if more than one Reset Date is specified), the Rate of Interest will be reset to the aggregate of the applicable Subsequent Reset Reference Rate, the applicable Initial Credit Spread and the applicable Step-Up Margin (each as defined in the Terms and Conditions of the Senior Notes, the Terms and Conditions of the Tier 3 Notes and in the Terms and Conditions of the Tier 2 Notes), as determined by the Calculation Agent.

  • This Condition 5(c)(ii) applies only where Mid-Swap Rate is specified in the applicable Final Terms as the Subsequent Reset Reference Rate.

  • On the first Reset Date, however, and on each subsequent Reset Date (if any) thereafter, the interest rate will be reset to the sum of the applicable Subsequent Reset Reference Rate and the applicable Reset Margin as determined by the Issue and Paying Agent on the relevant Reset Determination Date (each such interest rate, a “Subsequent Reset Rate”).

  • On the first Reset Date, however, and on each subsequent Reset Date (if any) thereafter, the interest rate will be reset to the sum of the applicable Subsequent Reset Reference Rate and the applicable Reset Margin as determined by the Issue and Paying Agent on the relevant Reset Determination Date (each such interest rate, a Subsequent Reset Rate).

  • If the CMT Screen Page is not available or if the CMT Rate cannot be determined in accordance with limbs (i) or (ii) of the definition of “CMT Rate” in Condition 5(i), the Subsequent Reset Reference Rate shall be determined in accordance with limb (iii) of the definition of “CMT Rate” in Condition 5(i).

  • Date of plan preparation and date and description of all revisions.

  • This Condition 5(c)(ii) applies only where Single Mid-Swaps or Mean Mid-Swaps is specified in the applicable Final Terms as the Subsequent Reset Reference Rate.

  • Day Count Fraction and related definitions have the meanings given in Condition 5.1. (b) Subsequent Reset Rate Screen Page If the Subsequent Reset Rate Screen Page is not available, the Principal Paying Agent shall request each of the Reference Banks (as defined below) to provide the Principal Paying Agent with its offered quotation (expressed as a percentage rate per annum) for the Subsequent Reset Reference Rate at approximately the Subsequent Reset Rate Time on the Reset Determination Date in question.

  • If on any Reset Determination Date, the Subsequent Reset Rate Screen Page is not available or the Subsequent Reset Reference Rate does not appear on the Subsequent Reset Rate Screen Page as of the relevant Subsequent Reset Rate Time on such Reset Determination Date, the Calculation Agent shall request each of the Reference Banks to provide the Calculation Agent with its Mid-Swap Rate Quotation at approximately the Subsequent Reset Rate Time on the Reset Determination Date in question.

Related to Subsequent Reset Reference Rate

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the applicable Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Principal Paying Agent on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the Relevant Decimal Place:

  • Applicable Reference Rate means with respect to any Loan made in any currency, the rate indicated on Annex II under the heading “Applicable Reference Rate” for such currency.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • Alternative Reference Rate means the rate that the Independent Adviser or the Issuer (as applicable) determines has replaced the relevant Reference Rate in customary market usage in the international debt capital markets for the purposes of determining rates of interest in respect of bonds denominated in the Specified Currency and of a comparable duration to the relevant Interest Period, or, if the Independent Adviser or the Issuer (as applicable) determines that there is no such rate, such other rate as the Independent Adviser or the Issuer (as applicable) determines in its discretion (acting in good faith) is most comparable to the relevant Reference Rate;

  • Reference Rate means the rate specified as such hereon.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;