Floating Rate Securities definition

Floating Rate Securities means an issue of Securities in respect of which interest at a floating rate is determined in accordance with the Issue Terms applicable to such Securities.

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Floating Rate Securities means any Securities constituting Initial Securities and any Refinancing Securities or Additional Securities issued with a floating or variable rate of interest.

Floating Rate Securities. Defined. For purposes hereof, “Floating Rate Securities” shall mean any Securities of any Series issued in the future under this Agreement that are in their terms stated to be “Floating Rate Securities” under this Agreement.

Examples of Floating Rate Securities in a sentence

• Notwithstanding the foregoing, any notice to Holders of Floating Rate Securities regarding the determination of a periodic rate of interest, if such notice is required pursuant to Section 2.03, shall be sufficiently given if given in the manner specified pursuant to Section 2.03.

• If the applicable due date for payment (other than the maturity date) on the Floating Rate Securities is not a Business Day, the applicable due date for payment will be moved to the next succeeding day which is a Business Day, unless such Business Day is in the next succeeding month, in which case the applicable due date for payment shall be moved to the immediately preceding Business Day.

• In the event that the maturity date on the Floating Rate Securities is not a Business Day, payment will be made on the next succeeding day which is a Business Day and no interest on such payment shall accrue for the period from and after the maturity date.

• Interest on Floating Rate Securities, except as otherwise set forth therein, will be calculated on the basis of actual days elapsed and a year of 360 days, except that in the case of a CMT Rate Security, a Treasury Rate Security, or a floating rate security for which the CMT Rate or the Treasury Rate is an applicable base rate, interest will be calculated on the basis of the actual number of days in the year.

• The Issuer and Japan reserve the right to appoint, at their discretion, agents (one or more “Agents”, or each, an “Agent”) for the payment of principal of and interest on the Securities (the “Principal Paying Agent”), for the calculation of interest rates and the amounts of interest on the Floating Rate Securities (the “Calculation Agent”) or for the transfer and exchange of Securities (the “Transfer Agent”) at such place or places as the Issuer may determine.

More Definitions of Floating Rate Securities

Floating Rate Securities means Securities specified as such in the relevant Issue Terms (being Securities in respect of which any Coupon Amount is determined by reference to a floating rate).

Floating Rate Securities means any of the Company’s Floating Rate Convertible Subordinated Notes Due June 15, 2013, as amended or supplemented from time to time, that are issued under this Indenture.

Floating Rate Securities refers to every series of Securities that bears interest at a floating or adjustable rate, as provided in the relevant Officer’s Certificate or supplemental indenture.

Floating Rate Securities means each Security carrying a floating interest rate on the Cut-off Date as referred to in Schedule 2 (Description of Securities). Floating Rate Securities Guaranteed Value means, on any day, the Aggregate Guaranteed Value without taking into account any of the reductions under and including items (i) up to and including (iv) in such definition of Aggregate Guaranteed Value relating to the Floating Rate Securities at the Cut-off Date minus (i) the portion of each State Instalment Amount and each Prepayment Amount paid by the State pursuant to Clause 4.1 (Payment of Aggregate Guaranteed Value) or Clause 4.2 (Break Costs) and allocated to the Floating Rate Securities Guaranteed Value pursuant to Clause 4.1(d) or Clause 4.2(d), as the case may be, up to (but excluding) such date, and (ii) the aggregate Principal Amount Outstanding of the IABF Floating Rate Bonds at such date and (iii) the aggregate of amounts not paid when due by ING Bank pursuant to Clause 5.1(d) in respect of IABF Floating Rate Bonds that have matured. Funding Fee has the meaning given thereto in Clause 4.3 (Funding Fee).

Floating Rate Securities means the Floating Rate Senior Notes due 2002 of the Partnership, including the Original Floating Rate Securities and the Floating Rate Exchange Securities.

Floating Rate Securities means securities whose terms provide for the adjustment of their interest rates at periodic intervals or on demand and that, at any time until the final maturity of the security or the period remaining until the principal can be recovered through demand, can reasonably be expected to have a market value that approximates their amortized cost including, without limitation, floating rate notes, demand notes, variable rate notes and adjustable rate securities.

Floating Rate Securities means the Company's Floating Rate Senior Notes due 2014.