Common use of Interest Determination Date Clause in Contracts

Interest Determination Date. If the brokers selected by the Calculation Agent are not quoting as mentioned above, the Federal Funds Rate will remain the Federal Funds Rate then in effect on such Interest Determination Date.

Appears in 9 contracts

Sources: Commercial Paper Dealer Agreement (TechnipFMC PLC), Commercial Paper Dealer Agreement (Axa Financial Inc), Commercial Paper Dealer Agreement (Sysco Corp)