Floating Rate Reset Cap definition

Floating Rate Reset Cap means 300 basis points, or 3.00% per annum.

Floating Rate Reset Cap means 440 basis points, or 4.40% per annum.

Floating Rate Reset Cap means 3.00%, per annum.

Examples of Floating Rate Reset Cap in a sentence

• The Fixed Rate Reset Cap will be the prevailing market yield, as determined by the Remarketing Agent, of the benchmark U.S. treasury security having a remaining maturity that most closely corresponds to the period from such date until the earliest date on which the Junior Subordinated Notes may be redeemed at GS Group’s option in the event of a successful Remarketing, plus 350 basis points, or 3.500% per annum, and the Floating Rate Reset Cap will be 300 basis points, or 3.000% per annum.

• The Fixed Rate Reset Cap will be the prevailing market yield, as determined by the Remarketing Agent, of the benchmark U.S. treasury security having a remaining maturity that most closely corresponds to the period from such date until the earliest date on which the Junior Subordinated Notes may be redeemed at Mellon’s option in the event of a successful Remarketing, plus 350 basis points, or 3.50% per annum, and the Floating Rate Reset Cap will be 300 basis points, or 3.00% per annum.

More Definitions of Floating Rate Reset Cap

Floating Rate Reset Cap means 830 basis points, or 8.300% per annum.

Floating Rate Reset Cap means 302 basis points, or 3.02%, per annum.

Floating Rate Reset Cap means 302 basis points, or 3.02%, per annum. “Global Notes” has the meaning specified in Section 2.4.

Floating Rate Reset Cap means 596 basis points, or 5.96% per annum.

Floating Rate Reset Cap means 425 basis points, or 4.25% per annum.

Floating Rate Reset Cap means 301 basis points, or 3.01%, per annum.

Floating Rate Reset Cap means 300 basis points, or 3.000%, per annum.