Calculation Date definition

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.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Calculation Date means each day on which the Underlying is traded on the Relevant Exchange.

Calculation Date has the meaning assigned thereto in the definition of Applicable Margin.

Examples of Calculation Date in a sentence

If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Leverage Ratio Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such Indebtedness if such Hedging Obligation has a remaining term in excess of 12 months).
No later than 4:00 p.m. (London time) on each such Calculation Date, the Administrative Agent shall give notice thereof to the Lenders and the Borrowers.
Not later than 2:00 p.m. (London time) on each Calculation Date, if any L/C Obligations are outstanding on such date in a Specified Currency, the applicable Issuing Bank shall determine the Exchange Rate(s) as of such Calculation Date for all such L/C Obligations outstanding as of such date with respect to all Letters of Credit issued by such Issuing Bank or its Affiliates and give prompt notice thereof to the Administrative Agent.

Calculation Date means the last Business Day of each calendar month.

Calculation Date means each day on which the Reference Price is published by the Relevant Exchange.

Calculation Date has the meaning set forth in the definition of “Fixed Charge Coverage Ratio.”

Calculation Date means each day on which the Reference Price is published by the Reference Market.

Calculation Date means the third Business Day (as defined in Condition 5(b)(i)) prior to the Make-whole Redemption Date;

Calculation Date means each day on which the Reference Pricei is published by the respective Relevant Exchangei.

Calculation Date means the close of business on the last day of each Collection Period.