Floating Interest Payment Date means March 30, June 30, September 30 and December 30 of each year, beginning September 30, 2024.
Floating Interest Payment Date means [Specified Floating Interest Payment Dates] in each year, commencing on [First Floating Interest Payment Date].
Examples of Floating Interest Payment Date in a sentence
An “Interest Payment Date” is either a Fixed Interest Payment Date or a Floating Interest Payment Date, as applicable.
An “ Interest Payment Date” is either a Fixed Interest Payment Date or a Floating Interest Payment Date, as applicable.
However, if the postponement would cause the day to fall in the next calendar month during the Floating Interest Period, the Floating Interest Payment Date shall instead be brought forward to the immediately preceding Business Day.
In the event that any Floating Interest Payment Date during the Floating Rate Period falls on a day that is not a Business Day (as defined below), the interest payment due on that date shall be postponed to the next day that is a Business Day and interest shall accrue to but excluding the date interest is paid.
It was agreed that more attention should be given to policy indicators that are relevant for monitoring the effectiveness of labour programmes, structural changes in the labour market etc.
More Definitions of Floating Interest Payment Date
Floating Interest Payment Date means the last day of each March, June, September and December in each year.
Floating Interest Payment Date means [insert Floating Interest Payment Dates]. Floating Interest Payment Dates are subject to adjustment in accordance with the provisions set out in § 4 (4).]
Floating Interest Payment Date means February 15, May 15, August 15 and November 15 of each year, beginning February 15, 2026.
Floating Interest Payment Date means the 1st day of March, June, September and December in each year. If any Floating Interest Pay- ment Date would otherwise fall on a day which is not a Business Day, it shall be postponed to the next day which is a Business Day unless it would thereby fall into the next calendar month, in which event the Floating Interest Payment Date shall be the immediately preceding Business Day. In these Terms and Conditions, “Business Day” means a day on which all relevant parts of the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) system are operational. Each period from and including 1 June 2016 to but exclud- ing the first Floating Interest Payment Date and thereafter from and including each Floating Interest Payment Date to but excluding the next following Floating Interest Payment Date is a “Floating Interest Period”.
Floating Interest Payment Date means [●], [●], [●] and [●] of each year to Stated Maturity, beginning [●].
Floating Interest Payment Date means January 15, April 15, July 15 and October 15 of each year, beginning July 15, 2025.
Floating Interest Payment Date means such Business Day, on which the floating interest is in fact due and payable. This may fall on the Floating Coupon Date or may shift to theappropriated Business Day – if the Floating Coupon Date falls on a day which is not a Business Day based on the application of the adjustment provision as set out in § 5 (6) (Business Day Convention).[In the case of short/long Floating Interest Periods, insert: [The [first] [last] Floating Interest Period is [shortened] [extended];] [first Floating Coupon Date is: [insert first Floating Coupon Date] [(“First Coupon Date”)]] [last Floating Coupon Date is: [insert last Floating Coupon Date] [(“Last Coupon Date”)]].](d) Floating Rate of Interest. The floating rate of interest (the “Floating Rate of Interest”) for [the][each] Floating Interest Period will, except as provided below, be[For EURIBOR, insert:the Reference Interest Rate [, however, should such Reference Interest Rate be below 0.00 per cent per annum, a Reference Interest Rate of 0.00 per cent per annum will be applied,] [in case of multiplication with a factor, insert:, multiplied by the [positive][negative] Factor [and subsequently]] [in case of a Margin insert: [plus] [minus] the [relevant] Margin], all as determined by the Calculation Agent, expressed as a percentage rate per annum.][For BUBOR, insert:the Reference Interest Rate,] [in case of multiplication with a factor, insert:, multiplied by the [positive][negative] Factor [and subsequently]] [in case of a Margin insert: [plus] [minus] the [relevant] Margin], all as determined by the Calculation Agent, expressed as a percentage rate per annum.][For Compounded Daily SOFR, insert:the Compounded Daily SOFR calculated on a compounded basis for the relevant Interest Period in accordance with the formula below on the Interest Determination Date (as defined below) [, whereby a Compounded Daily SOFR of 0.00 per cent per annum will be applied, should such Compounded Daily SOFR be below 0.00 per cent per annum,] [in case of multiplication with a factor, insert:, multiplied by the [positive][negative] Factor [and subsequently]] [in case of a Margin insert: [plus] [minus] the [relevant] Margin], all as determined by the Calculation Agent, expressed as a percentage rate per annum.The Compounded Daily SOFR means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Interest Rate as the reference rate for the calculat...