Examples of Floating Rate Interest Reset Date in a sentence
As another example, the RFI suggests that plans could report data on whether, and how, plan fiduciaries voted on proxy proposals involving climate-related financial risk.
The interest rate on this Global Security will be reset quarterly on each Floating Rate Interest Reset Date.
With respect to any Floating Rate Interest Determination Date, LIBOR shall be the rate (expressed as a percentage per annum) for deposits in Dollars having a maturity of three months commencing on the related Floating Rate Interest Reset Date that appears on Reuters Page LIBOR01 as of 11:00 a.m., London time, on that Floating Rate Interest Determination Date.
Floating Rate Interest Reset Dates: Every February 16, May 16, August 16 and November 16 in each year, commencing on August 16, 2018; provided that the Floating Interest Rate in effect from (and including) May 16, 2018 to (but excluding) the first Floating Rate Interest Reset Date will be the initial Floating Interest Rate.
If any Floating Rate Interest Reset Date and Interest Payment Date would otherwise be a day that is not a EURIBOR Business Day, such Floating Rate Interest Reset Date and Interest Payment Date shall be the next succeeding EURIBOR Business Day, unless the next succeeding EURIBOR Business Day is in the next succeeding calendar month, in which case such Floating Rate Interest Reset Date and Interest Payment Date shall be the immediately preceding EURIBOR Business Day.