Examples of First Reset Date in a sentence
Unless previously redeemed or repurchased and cancelled in accordance with these Conditions and subject to the further provisions of this Condition 4(a)(i), the Securities will bear interest on their principal amount as follows:(i) from (and including) the Issue Date to (but excluding) the NC 5.25 Securities First Reset Date, at the rate of 2.625 per cent.
Unless previously redeemed or repurchased and cancelled in accordance with these Conditions and subject to the further provisions of this Condition 4(a)(i), the Securities will bear interest on their principal amount as follows:(i) from (and including) the Issue Date to (but excluding) the NC 9 Securities First Reset Date, at the rate of 3.375 per cent.
If no quotations are provided, the EUR Reset Reference Bank Rate for the relevant period will be: (i) in the case of each Reset Period other than the Reset Period commencing on the NC 5.25 Securities First Reset Date, the EUR 5 year Swap Rate in respect of the immediately preceding Reset Period, or (ii) in the case of the Reset Period commencing on the NC 5.25 Securities First Reset Date, -0.426 per cent.
If no quotations are provided, the EUR Reset Reference Bank Rate for the relevant period will be: (i) in the case of each Reset Period other than the Reset Period commencing on the NC 9 Securities First Reset Date, the EUR 5 year Swap Rate in respect of the immediately preceding Reset Period, or (ii) in the case of the Reset Period commencing on the NC 9 Securities First Reset Date, -0.426 per cent.