Interest Rate Determination Date definition

Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.
Interest Rate Determination Date means, with respect to any Interest Period, the second Business Day prior to the first day of such Interest Period.
Interest Rate Determination Date means each date for calculating the LIBOR for purposes of determining the interest rate in respect of an Interest Period. The Interest Rate Determination Date shall be the second Business Day prior to the first day of the related Interest Period for a LIBOR Advance.

Examples of Interest Rate Determination Date in a sentence

  • Except as otherwise provided herein, a Conversion/Continuation Notice for conversion to, or continuation of, any SOFR Loans shall be irrevocable on and after the related Interest Rate Determination Date, and Companies shall be bound to effect a conversion or continuation in accordance therewith.

  • Except as otherwise provided herein, a Funding Notice for an Initial Term Loan or a Multi-Draw Term Loan, as applicable, that is a SOFR Loan shall be irrevocable on and after the related Interest Rate Determination Date, and Companies shall be bound to make a borrowing in accordance therewith.


More Definitions of Interest Rate Determination Date

Interest Rate Determination Date means the date for calculating the Eurocurrency Rate for an Interest Period, which date shall be (i) in the case of any Eurocurrency Loan in Dollars, the second Business Day prior to first day of the related Interest Period for such Loan or (ii) in the case of any Eurocurrency Loan in an Alternative Currency, the date on which quotations would ordinarily be given by prime banks in the relevant interbank market for deposits in the Applicable Currency for value on the first day of the related Interest Period for such Eurocurrency Loan; provided, however, that if for any such Interest Period with respect to an Alternative Currency Loan, quotations would ordinarily be given on more than one date, the Interest Rate Determination Date shall be the last of those dates.
Interest Rate Determination Date means the Due Date and each March 31, June 30, September 30 and December 31 thereafter.
Interest Rate Determination Date means, with respect to the Auction Rate Notes, the Auction Date, or if no Auction Date is applicable to such Class, the Business Day immediately preceding the date of commencement of an Auction Period.
Interest Rate Determination Date means the date the Note is initially funded and the first Business Day of each calendar month thereafter.
Interest Rate Determination Date means, with respect to any Interest Period, the date that is four (4) Business Days prior to each Interest Payment Date.
Interest Rate Determination Date means, for each Accrual Period, and (i) for the Reset Rate Notes that bear interest at a LIBOR-, GBP-LIBOR- or EURIBOR-based rate, the related LIBOR or EURIBOR Determination Date, as applicable, or (ii) for the Reset Rate Notes that bear interest at a floating rate that is not LIBOR-, GBP-LIBOR- or EURIBOR-based, the applicable date or dates set forth in the Remarketing Terms Notice, on which the applicable rate of interest to be in effect as of the next Interest Rate Change Date will be determined by the Administrator.
Interest Rate Determination Date means, for any Interest Period, the Business Day immediately preceding the Determination Date for such Interest Period.