Observation Period Shift definition

Observation Period Shift means the number of U.S. Government Securities Business Days specified in the applicable Final Terms.
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Observation Period Shift means the number of London Banking Days specified in the applicable Final Terms or Pricing Supplement; and
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Observation Period Shift is as specified in the applicable Final Terms;
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Examples of Observation Period Shift in a sentence

  • If SOFR Compound (“ SOFR Compound”) is specified as applicable hereon, the SOFR Benchmark for each Interest Accrual Period shall be equal to the value of the SOFR rates for each day during the relevant Interest Accrual Period (where SOFR Compound with Lookback or SOFR Compound with Payment Delay is specified hereon to determine SOFR Compound) or SOFR Observation Period (where SOFR Compound with SOFR Observation Period Shift is specified hereon to determine SOFR Compound).

  • Note that this Global Note envisages only Averaging with Lookback, Averaging with Observation Period Shift and Averaging with Lockout methods.

  • ISDA Determination:Floating Rate Option: [●]Designated Maturity: [●] 12 To be included where the Reference Rate is SOFR and the Observation Method is Look-back, Observation Period Shift or Lock-out.

  • To be included where the Reference Rate is SOFR and the Observation Method is Look-back, Observation Period Shift or Lock-out.

  • Shift/Look-back Period is only applicable where the Observation Method is Look-back or Observation Period Shift.

  • Supplement 75 contains new provisions and confirmation templates that allow market participants to select the relevant method (i.e. Lookback, Observation Period Shift, Lockout, OIS Compounding and Payment Delay) to compound or average the relevant overnight RFRs. The new compounding/averaging provisions in Supplements 74 and 75 enable market participants to align more closely with RFR conventions that have been developed in cash markets.

  • Delete this field and the "Observation Period Shift Additional Business Days" field if Compounding with Observation Period Shift or Averaging with Observation Period Shift is not selected or Compounding/Averaging is specified as Not Applicable.

  • In this Summit mem- bers from all areas of the European HPC community, from researchers toindustry to decision makers, congre- gated to share in discussions about the state of play of European HPC, its achievements and European priori- ties going forwards.

  • As at December 2021 the number of Observation Period Shift Business Days for Compounding with Observation Period Shift and Averaging with Observation Period Shift in the Compounding/Averaging Matrix has not yet been populated for any of GBP-SONIA, USD- SOFR or EUR-EuroSTR however, the default designation is 5 Observation Period Shift Busines Days in accordance with the 2021 ISDA Definitions.

  • And he’ll make sure the development of solutions is an inclusive, community-driven process.”Source: EPA NOx emissions trends by industry, October 2019 ftp://newftp.epa.gov/Air/emismod/2016/v1/reports/all_2011v63_2014v71_2016v1_county_summary_09- Oct-2019.zip It is completely illogical to force the upwind power generation sector to take the brunt of the NOx reductions that EPA has projected as necessary.

Related to Observation Period Shift

  • 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 Date means each of the following Observation Dates:

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

  • Barrier Observation Date means each of the Barrier Observation Dates as specified in § 1 of the Product and Underlying Data. If a Barrier Observation Date is not a Calculation Date for one or more Basket Components, the immediately following day, which is a Calculation Date shall be the respective Barrier Observation Date for all Basket Components.

  • Observation Date (k means the "Observation Date (k)" as specified in § 1 of the Product and Underlying Data. If an Observation Date (k) is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the respective Observation Date (k). The respective Early Payment Date (k) will be postponed accordingly. Interest shall not be payable due to such postponement.

  • Final Observation Date means the Final Observation Date as specified in § 1 of the Product and Underlying Data. If the Final Observation Date is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the Final Observation Date. The Final Payment Date will be postponed accordingly. Interest shall not be payable due to such postponement.

  • Initial Observation Date means the Initial Observation Date as specified in § 1 of the Product and Underlying Data. If the Initial Observation Date is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the Initial Observation Date.

  • 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.

  • Observation means a method of collecting data on the performance of a teacher's assigned duties and responsibilities. An observation for the purpose of evaluation will be included in the determination of the annual summative evaluation rating and shall be conducted by an individual employed in the school district in a supervisory role and capacity and possessing a school administrator, Principal, or supervisor endorsement as defined in N.J.A.C. 6A:9-2.1.

  • Covenant Testing Period means the period commencing on the last day of the fiscal month of Borrower most recently ended prior to the occurrence of a Fixed Charge Test Commencement Date for which month Borrowers have delivered to Agent monthly financial statements of Solutions and its Subsidiaries, and continuing until the Termination Date has occurred.

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • Period 2 Two hundred eleven (211) days to one year after the Effective Date.

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.