Interest Reset Period definition

Interest Reset Period. The period beginning on the applicable Reset Date and ending on the calendar day preceding the next Reset Date.

Interest Reset Period means the period from and including the Initial Interest Reset Date to, but not including, the next following Interest Reset Date and thereafter each period from and including each Interest Reset Date to, but not including, the next following Interest Reset Date.

Interest Reset Period. (or “Interest Period”) means the period from and including an Interest Reset Date to but excluding the immediately succeeding Interest Reset Date; provided that the final Interest Reset Period for the Notes will be the period from and including the Interest Reset Date immediately preceding the maturity date of the Notes to but excluding the maturity date.

Examples of Interest Reset Period in a sentence

• In the case of a Fixed Rate Note, the interest rate of each Certificated Note; in the case of a Floating Rate Note, the Initial Interest Rate (if known at such time), Index Maturity, Interest Rate Basis, Spread or Spread Multiplier (if any), Maximum Interest Rate (if any), Minimum Interest Rate (if any), Interest Reset Period, Interest Reset Dates, Interest Payment Dates, and the Calculation Agent, in each case, to the extent applicable.

• The Notes shall bear interest on their principal amount: (i) from and including March 11, 2024, to, but not including, the Initial Interest Reset Date at the rate of 6.500% per annum and (ii) from and including the Initial Interest Reset Date, during each Interest Reset Period, at the rate equal to the Five-year Treasury Rate as of the most recent Reset Interest Determination Date, plus 2.404% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

More Definitions of Interest Reset Period

Interest Reset Period means, with respect to any Payment Date, the period from and including the prior Payment Date (or, with respect to the first Payment Date, from and including the Closing Date) to but excluding such Payment Date.

Interest Reset Period means for:

Interest Reset Period. Not Applicable Rating: Class A Units Only: Baa2 by Moody's BBB- by S&P Rating Agencies: Moody's and S&P Scheduled Final Distribution Date: September 1, 2031. The Units will have the same final maturity as the Securities.

Interest Reset Period. Not Applicable Rating: Class A Units: Aa3 by Moody's A+ by S&P Class B Units: Aa3 by Moody's A+ by S&P Rating Agencixx: Moody's and S&P Scheduled Final Distribution Date: February 15, 2030. Xxx Units will have the same final maturity as the Underlying Securities.

Interest Reset Period means each period from and including a Floating Rate Notes Interest Payment Date (or, in the case of the first such period, the issue date of the floating rate notes) to but excluding the next succeeding Floating Rate Notes Interest Payment Date.

Interest Reset Period. [Not Applicable] Rating:

Interest Reset Period means, with respect to each Loan, the period from and including the date of the Borrowing of such Loan to but excluding the Interest Reset Date immediately following the date of such Borrowing and each succeeding period from and including an Interest Reset Date to but excluding the immediately following Interest Reset Date.