Index Reset Date definition

Index Reset Date means the first Business Day of each calendar month.
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Index Reset Date means the first Business Day of each calendar month or as otherwise established in the applicable Certificate of Determination or Bondholder Agreement.
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Index Reset Date means the Term SOFR Index Reset Date LIBOR Index Reset Date.
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Examples of Index Reset Date in a sentence

  • The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date during the LIBOR Index Rate Period, and such rate shall become effective on the LIBOR Index Reset Date next succeeding the Computation Date and interest at such rate shall accrue each day during such LIBOR Index Rate Period, commencing on and including the first day of such period to but excluding the last day of such period.

  • The Calculation Agent shall determine the LIBOR Index Rate for each LIBOR Index Interest Period on the Computation Date immediately preceding such LIBOR Index Interest Period, and such rate shall become effective for the LIBOR Index Interest Period on the LIBOR Index Reset Date immediately succeeding such Computation Date.

  • If the LIBOR Index Rate is not determined by the Calculation Agent on the Computation Date, the Bonds shall continue to bear interest at the LIBOR Index Rate in effect on the immediately preceding LIBOR Index Reset Date until the Calculation Agent next determines the LIBOR Index Rate as required hereunder.

  • Upon receipt of such notice, the Borrower shall, upon demand from the Purchaser convert the interest on all Advances to a rate determined by the Purchaser, after consultation with the Borrower, on the next succeeding LIBOR Index Reset Date, if the Purchaser may lawfully continue to maintain such Advances to such day, or on the next Business Day, and if the Purchaser may not lawfully continue to maintain Advances through the next succeeding LIBOR Index Reset Date therefor, then immediately upon demand.

  • The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date and such rate shall become effective on the LIBOR Index Reset Date next succeeding such Computation Date, and interest at such rate shall accrue each day during such LIBOR Index Rate Period, commencing on and including the first day of such period to but excluding the last day of such period.

  • The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date, and such rate shall become effective on the LIBOR Index Reset Date immediately succeeding such Computation Date and interest shall accrue each day commencing on and including the Issue Date to but excluding the Maturity Date.

  • If the SIFMA Index Rate is not determined by the Calculation Agent by 5:00 p.m. on the Business Day immediately preceding each Interest Payment Date, the interest rate on the Bonds shall be the rate in effect for the immediately preceding SIFMA Index Reset Date until the Trustee next determines the SIFMA Index Rate as required hereunder.

  • The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date during the LIBOR Index Rate Period, and such rate shall become effective on the LIBOR Index Reset Date immediately succeeding such Computation Date and interest at such rate shall accrue each day during such LIBOR Index Rate Period, commencing on and including the first day of such period to but excluding the last day of such period.

  • If the LIBOR Index Rate is not determined by the Calculation Agent on the Computation Date, the rate of interest on such Advance shall be the rate in effect for the immediately preceding LIBOR Index Reset Date until the Calculation Agent next determines the LIBOR Index Rate as required hereunder.

  • The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date with respect to all Advances, and such rate shall become effective on the LIBOR Index Reset Date next succeeding the Computation Date and interest at such rate shall accrue each day with respect to all Advances, commencing on and including the next succeeding LIBOR Index Reset Date to but excluding the immediately succeeding LIBOR Index Reset Date.


More Definitions of Index Reset Date

Index Reset Date means the LIBOR Index Reset Date.
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Index Reset Date means the first day of each Index Interest
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Related to Index Reset Date

  • Reset Date means the First Trading Date and thereafter each day (except Saturday and Sunday) as determined in the reasonable discretion of the Determination Agent pursuant to §317 BGB and in consideration of the relevant capital market practice and by acting in good faith.

  • SOFR Reset Date means each Business Day during the relevant Interest Period, provided however that if both a Benchmark Event and a SOFR Index Cessation Date have occurred, it shall mean: (i) in respect of the period from, and including, the first day of the Interest Period in which the SOFR Index Cessation Date falls (such Interest Period, the “Affected Interest Period”) to, but excluding, the SOFR Index Cessation Date (such period, the “Partial SOFR Period”), each Business Day during the Partial SOFR Period; (ii) in respect of the period from, and including, the SOFR Index Cessation Date to, but excluding, the Interest Payment Date in respect of the Affected Interest Period (such period, the “Partial Fallback Period”), each New York City Banking Day during the Partial Fallback Period; and (iii) in respect of each Interest Period subsequent to the Affected Interest Period, each New York City Banking Day during the relevant Interest Period.

  • Interest Reset Date means, with respect to any Interest Period with respect to the Floating Rate Notes, the first day of such Interest Period; provided that if any Interest Reset Date would otherwise be a day that is not a Business Day, that Interest Reset Date will be postponed to the next succeeding day that is a Business Day, except that if that Business Day falls in the next succeeding calendar month, such Interest Reset Date will be the immediately preceding Business Day.

  • Reset Dates The first day of each Calculation Period.

  • Reset Period means the period from, and including, the First Reset Date to, but excluding, the next following Reset Date and thereafter each period from, and including, each Reset Date to, but excluding, the next following Reset Date.