Interest Calculation Agent definition

Interest Calculation Agent means an independent investment bank or financial institution selected by the Issuer for the purposes of performing the functions required to be performed by it under these Conditions; the initial Interest Calculation Agent shall be the Fiscal Agent;

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Interest Calculation Agent means The Bank of New York Mellon, London Branch, or its successor appointed by the Company pursuant to the Interest Calculation Agent Agreement between the Company and The Bank of New York Mellon, London Branch, dated as of the date hereof.

Interest Calculation Agent means the entity or entities appointed as such under the Issue Deed or subsequently in accordance with the Agency Terms, and any successors.

Examples of Interest Calculation Agent in a sentence

Principal Paying and Conversion Agent Interest Calculation Agent The Bank of New York Mellon, London Branch.
Interest Calculation Agent The Bank of New York Mellon, London Branch.
All determinations and calculations made by the Interest Calculation Agent shall be conclusive and binding on the Holders of the Securities, the Company and the Trustee, absent manifest error.
The Issuer hereby appoints the Indenture Trustee as Interest Calculation Agent for such purposes.
If the Interest Calculation Agent is unable or unwilling to act as such, the Issuer shall promptly appoint a replacement Interest Calculation Agent.
The determination by the Interest Calculation Agent of LIBOR and the amount of the Class A-2b Interest Rate, the Class A-3b Interest Rate and the Class A-4b Interest Rate shall, in the absence of manifest error, be final and binding upon all parties.
The Issuer may, with the prior written approval of the Trustee, from time to time replace the Interest Calculation Agent with another financial institution in London or an independent adviser of recognised standing and appropriate expertise.
If the Interest Calculation Agent is unable or unwilling to continue to act as the Interest Calculation Agent or fails duly to determine the Reset Rate as provided in Condition 5(d), the Issuer and the Guarantor shall forthwith appoint another financial institution in London or an independent adviser of recognised standing and appropriate expertise, in either case approved in writing by the Trustee to act as such and make the relevant determination in its place.
The determination by the Interest Calculation Agent of LIBOR and the amount of the Class A-2b Interest Rate and the Class A-3b Interest Rate shall, in the absence of manifest error, be final and binding upon all parties.
With effect from the date falling two Business Days prior to the first Reset Date, and for so long as any Notes remain outstanding thereafter, the Issuer shall maintain an Interest Calculation Agent.

More Definitions of Interest Calculation Agent

Interest Calculation Agent means the interest calculation agent to be appointed and maintained by the Issuer in the circumstances set out in Condition 5(f);

Interest Calculation Agent has the meaning specified in Section 2.16.

Interest Calculation Agent means in relation to an Interest Liability the person specified as such in respect of that Interest Liability;

Interest Calculation Agent means the Interest Calculation Agent appointed under the Agency Agreement;

Interest Calculation Agent means a leading financial institution in London or Amsterdam appointed by the Issuer in accordance with Condition 5.5 (Interest Calculation Agent) for the purposes of determining the Interest Rate;

Interest Calculation Agent means the Trustee.