Weekly Reset Date definition

Weekly Reset Date means Wednesday of each week, or if Wednesday is not a Business Day, the immediately preceding Business Day, provided that, if the Reset Rate Method is being changed to the Weekly Reset Rate Method, the initial Weekly Reset Date will be the Business Day preceding the Reset Rate Change Date.
Sample 1Sample 2Sample 3
Weekly Reset Date means Wednesday of each calendar week unless (i) such Wednesday is not a Business Day or (ii) absent this clause (ii) the Weekly Measurement Date related thereto would occur during the preceding calendar week, in each of which cases the Weekly Reset Date shall be the first Business Day after such Wednesday.
Sample 1

Examples of Weekly Reset Date in a sentence

  • Unless otherwise specified herein, any defined term that constitutes the calculation or determination of an amount with respect to a Weekly Reset Date, the components of such calculation or determination shall be made as of the Weekly Measurement Date related to such Weekly Reset Date.

Related to Weekly Reset Date

  • Reset Date means the First Reset Date, the Second Reset Date and each Subsequent Reset Date (as applicable);

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.