Interest Payment Determination Date definition
Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Interest Payment Date (or, in the case of the redemption of the Notes, preceding the applicable redemption date).
Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.
Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Floating Rate Period Interest Payment Date (or, in the case of the redemption of the Notes, preceding the applicable Redemption Date).
Examples of Interest Payment Determination Date in a sentence
The interest rate on the Notes for a particular Interest Period (as defined in the Third Supplemental Indenture) will be a per annum rate equal to a benchmark rate, which will initially be Compounded SOFR (as defined in the Third Supplemental Indenture), as determined on the Interest Payment Determination Date (as defined in the Third Supplemental Indenture), plus a spread of 121 basis points (1.210%).
The interest rate on the Notes (the “Interest Rate”) for a particular Interest Period (as defined herein) will be a per annum rate equal to a benchmark rate, which will initially be Compounded SOFR, as determined on the Interest Payment Determination Date, plus a spread (the “Spread”) of 121 basis points (1.210%).
More Definitions of Interest Payment Determination Date
Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Interest Payment Date.
Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Interest Payment Date (or, in the final interest period, before the maturity date).
Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Interest Payment Date (or in the final Interest Period, before the Stated Maturity Date, or in the case of the redemption of any Notes, before the applicable redemption date).
Interest Payment Determination Date means the date that is two U.S. Government Securities Business Days before each Interest Payment Date (or, in the final interest period, before the maturity date or, in the case of a redemption or repayment of the Securities of this series, before the applicable redemption or repayment date).
Interest Payment Determination Date means the date that is two U.S. Government Securities Business Days before each Floating Rate Interest Payment Date.
Interest Payment Determination Date means the date two UST Business Days (as defined herein) before each Floating Rate Interest Payment Date (or in the final interest period, before the maturity date).
Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Series 2021F Payment Date.