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).

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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 Interest Payment Date.

Examples of Interest Payment Determination Date in a sentence

• On each Interest Payment Determination Date relating to the applicable Interest Payment Date, the Calculation Agent will calculate the amount of accrued interest payable on the Notes for each Interest Period by multiplying (i) the outstanding principal amount of the Notes by (ii) the product of (a) the interest rate for the relevant Interest Period multiplied by (b) the quotient of the actual number of calendar days in such Observation Period divided by 360.

• The interest rate for each Interest Period will be calculated by the Calculation Agent on the applicable Interest Payment Determination Date using Compounded SOFR with respect to the applicable Observation Period relating to the Interest Period.

• On each Interest Payment Determination Date relating to the applicable Interest Payment Date, the Calculation Agent will calculate the amount of accrued interest payable on this bond by multiplying (i) the outstanding principal amount of this bond by (ii) the product of (a) the interest rate for the relevant Interest Period multiplied by (b) the quotient of the actual number of calendar days in such Observation Period divided by 360.

• The interest rate and amount of interest to be paid on the Notes for each Floating Rate Interest Period will be determined by the Calculation Agent on the applicable Interest Payment Determination Date using compounded SOFR with respect to the applicable Observation Period relating to the applicable Floating Rate Interest Period.

• On each Interest Payment Determination Date relating to the applicable Interest Payment Date, the Calculation Agent will calculate the amount of accrued interest payable on the Notes for each Interest Period by multiplying: (i) the outstanding principal amount of the Notes by (ii) the product of (A) the interest rate for the relevant Interest Period multiplied by (B) the quotient of the actual number of calendar days in such Observation Period divided by 360.

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.