Interest Setting Date definition

Interest Setting Date means, (a) with respect to any Interest Period for which the Applicable Rate is determined by reference to the LIBO Rate, the date which is three LIBO Business Days before the first day of such Interest Period or (b) with respect to any period for which the Applicable Rate is determined by reference to the Base Rate, the date specified by the Company, in the written notice delivered by the Company pursuant to Section 6.01(a) of the Participation Agreement, as the first day that such Applicable Rate is to apply.
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Interest Setting Date means the date which is two Business Days before the first day of a particular Interest Period.
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Interest Setting Date means, (i) with respect to the first Interest Period after the Initial Funding Date, the date which is the first day of such Interest Period, (ii) with respect to any LIBO Rate Period, the date which is two LIBO Business Days before the first day of such LIBO Rate Period or (iii) with respect to any Base Rate Period, the date specified by the Company in the written notice delivered by the Company pursuant to Section 5.01 of the Participation Agreement as the first day that such Applicable Rate is to apply.
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Examples of Interest Setting Date in a sentence

  • In 2013 and 2012, CLC obtained a peso-denominated loan from a local bank amounting to P=322.00 million and P=400.00 million, respectively, with terms of two years at interest rate of 1.00% per annum or the prevailing three month PDST-F on Interest Setting Date plus a credit spread of 3.50% per annum, whichever is higher.

  • During 2013 and 2012, CLC obtained a peso-denominated loan from a local bank amounting to P=322.00 million and P=400.00 million, respectively, with terms of two years at interest rate of 1% per annum or the prevailing three month PDST-F on Interest Setting Date plus a credit spread of 3.5% perannum, whichever is higher.

  • Interest Setting Date: the seventh Business Day preceding each Interest Payment Date.

  • On each Interest Setting Date, the Interest Rate applicable as at such date shall be determined and interest shall be calculated at that rate for the relevant Interest Period.

  • As soon as possible (and in any event no later than close of business on the relevant Interest Setting Date), the Issuer (or the Calculation Agent on its behalf) will ensure that the Interest Amount for each Bond with respect to the relevant Interest Period and the Interest Payment Date relating to each such Interest Amount, are communicated to Monte Titoli.

  • For the same reasons, the Court cannot validly consider that, as stipulated in the 18th up to the 26th promissory notes, petitioners are granted the option to prepay the loan or credit facility without penalty within 10 calendar days from the Interest Setting Date if they are not agreeable to the interest rate fixed.

  • On each Interest Setting Date, the WATBY plus the Applicable Margin applicable as at such date shall be determined and interest shall be calculated at that rate for the relevant Interest Period.

  • On every Interest Rate Setting Date, the Facility Agent shall determine the Applicable Margin for the relevant Interest Period based on information with respect to Guarantor EBITDA and Guarantor Senior Debt, which shall be included in a Compliance Certificate delivered by the Borrowers for the most recently-ended Fiscal Quarter prior to such Interest Rate Setting Date (or for the initial Interest Setting Date, the certificate delivered pursuant to Section 4.01(p)).

  • All elections by the Lessor (or by the Lessee on the Lessor's behalf) hereunder shall be subject to the limitations set forth in the definitions of "Interest Period", "Interest Setting Date" and "Payment Date".

  • In the same discussion of the IFTA records, NARA made an additional statement that causes us concern:In creating the DRS, the Department and bureau representatives have made a good faith effort to reschedule series (or portions of series) as temporary, where the records were found to lack continuing value as archival records.


More Definitions of Interest Setting Date

Interest Setting Date means 1 April 2004 and thereafter, the first London Business Day in July, October, January and April for each year;
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Interest Setting Date means, with respect to any Interest Period, the date which is three (3) Business Days before the first day of such Interest Period.
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Interest Setting Date means the first day of each Interest Period commencing on the first day of the Interest Period immediately following March 31, 2012.
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Interest Setting Date means, with respect to any Interest Period, the date which is three (3) Business Days before the first day of such Interest Period; PROVIDED, HOWEVER, that with respect to any period for which the interest rate is determined by reference to the Base Rate, the date specified by the Lender as the first day that either such rate is to apply.
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Interest Setting Date means, (a) with respect to any Interest Period for which the Applicable Rate is determined by reference to the LIBO Rate, the date which is three LIBO Business Days before the first day of such Interest Period or (b) with respect to any period for which the Applicable Rate is determined by reference to the Base Rate, the date specified by the Company, in the written notice delivered by the Company pursuant to Section 6.01(a) of the Participation Agreement, as the first day that such Applicable Rate is to apply. "Interim Note Commitment" of any Purchaser means the commitment of such Person, if any, to make Advances pursuant to the Interim Notes up to the aggregate principal amount set forth below the name of such Person on Schedule I to the Participation Agreement under the heading "Interim Note Commitment", as the same may be adjusted from time to time pursuant to any Assignment(s) and Acceptance(s) executed by such Purchaser or reduced pursuant to the terms of the Participation Agreement.
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Related to Interest Setting Date

  • Interest Settlement Rate As defined in Section 4.08.

  • Telerate British Bankers Assoc. Interest Settlement Rates Page means the display designated as Page 3750 on the Telerate System Incorporated Service (or such other page as may replace such page on such service for the purpose of displaying the rates at which dollar deposits are offered by leading banks in the London interbank deposit market).

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Reuters Screen USPRIME1 Page means the display which appears on the display on Reuters (or any successor service) as page “USPRIME1” (or any other page as may replace such page), for the purpose of displaying prime rates or base lending rates of major United States banks.

  • Reuters Screen US PRIME1 Page means the display designated as page “US PRIME1” on the Reuters Monitor Money Rates Service (or such other page as may replace the US PRIME1 page on that service for the purpose of displaying prime rates or base lending rates of major United States banks).

  • Reuters Screen USPRIME 1 Page means the display designated as page "USPRIME 1" on the Reuters Monitor Money Rates Service, or any successor service, or any other page as may replace the USPRIME 1 Page on that service for the purpose of displaying prime rates or base lending rates of major United States banks.

  • Rate Fixing Date means, for each Disbursed Amount, the first day of the Interest Period next following the Interest Period in which such Disbursed Amount is withdrawn.

  • Reuters Screen LIBOR Page means the display on the Reuters screen LIBOR01 page or LIBOR02 page, as specified in applicable pricing supplement, on the Reuters 3000 Xtra service (or any successor service) (or any replacement page or pages on the Reuters 3000 Xtra service or any successor service on which London interbank rates of major banks for the relevant index currency are displayed).

  • London Inter-Bank Offered Rate means the interest rate at which the Bank's London Branch, London, Great Britain, would offer U.S. dollar deposits for the applicable interest period to other major banks in the London inter-bank market at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period. A "London Banking Day" is a day on which the Bank's London Branch is open for business and dealing in offshore dollars.

  • Adjusted London Interbank Offered Rate applicable to any Interest Period means a rate per annum equal to the quotient obtained (rounded upward, if necessary, to the next higher 1/100 of 1%) by dividing (i) the applicable London Interbank Offered Rate by (ii) 1.00 minus the Euro-Dollar Reserve Percentage.

  • 3-Month LIBOR means the London interbank offered interest rate for three-month, U.S. dollar deposits determined by the Trustee in the following order of priority:

  • London Interbank Offered Rate has the meaning set forth in Section 2.07(b).

  • Purchase Contract Settlement Date means [ ].

  • One-Month LIBOR With respect to the Class A Certificates, the Mezzanine Certificates, REMIC II Regular Interest II-LTA1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTA3, REMIC II Regular Interest II-LTA4, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3, REMIC II Regular Interest II-LTM4, REMIC II Regular Interest II-LTM5, REMIC II Regular Interest II-LTM6, REMIC II Regular Interest II-LTM7, REMIC II Regular Interest II-LTM8, REMIC II Regular Interest II-LTM9, REMIC II Regular Interest II-LTM10 and REMIC II Regular Interest II-LTM11 and any Accrual Period therefor, the rate determined by the Trust Administrator on the related Interest Determination Date on the basis of the offered rate for one-month U.S. dollar deposits, as such rate appears on Telerate Page 3750 as of 11:00 a.m. (London time) on such Interest Determination Date; provided that if such rate does not appear on Telerate Page 3750, the rate for such date will be determined on the basis of the offered rates of the Reference Banks for one-month U.S. dollar deposits, as of 11:00 a.m. (London time) on such Interest Determination Date. In such event, the Trust Administrator will request the principal London office of each of the Reference Banks to provide a quotation of its rate. If on such Interest Determination Date, two or more Reference Banks provide such offered quotations, One-Month LIBOR for the related Accrual Period shall be the arithmetic mean of such offered quotations (rounded upwards if necessary to the nearest whole multiple of 1/16%). If on such Interest Determination Date, fewer than two Reference Banks provide such offered quotations, One-Month LIBOR for the related Accrual Period shall be the higher of (i) One-Month LIBOR as determined on the previous Interest Determination Date and (ii) the Reserve Interest Rate. Notwithstanding the foregoing, if, under the priorities described above, One-Month LIBOR for an Interest Determination Date would be based on One-Month LIBOR for the previous Interest Determination Date for the third consecutive Interest Determination Date, the Trust Administrator shall select, after consultation with the NIMS Insurer, an alternative comparable index (over which the Trust Administrator has no control), used for determining one-month Eurodollar lending rates that is calculated and published (or otherwise made available) by an independent party.

  • Reuters Screen US PRIME 1 Page means the display on the “US PRIME 1” page on the Reuters 3000 Xtra service, or any successor service, or any replacement page or pages on that service, for the purpose of displaying prime rates or base lending rates of major U.S. banks.

  • BBA means the British Bankers’ Association.

  • Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.

  • Reuters Screen LIBOR01 Page means the display page currently so designated on the Reuters Monitor Money Rates (or such other page as may replace that page on that service, or such other service as may be nominated as the information vendor, for the purpose of displaying comparable rates or prices).

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Six-Month LIBOR The average of interbank offered rates for six-month U.S. dollar deposits in the London market based on quotations of major banks.

  • Moneyline Telerate Page 3750 The display page currently so designated on the Moneyline Telerate Information Services, Inc. (or any page replacing that page on that service for the purpose of displaying London inter-bank offered rates of major banks).

  • Reuters Screen Page means, when used in connection with a designated page and any designated information, the display page so designated on the Reuters Market 3000 (or such other page as may replace that page on that service for the purpose of displaying such information).

  • LIBOR Telerate is specified on the face hereof or neither “LIBOR Reuters” nor “LIBOR Telerate” is specified on the face hereof as the method for calculating LIBOR, the display on Telerate (or any successor service) on the page specified on the face hereof (or any other page as may replace such page on such service) for the purpose of displaying the London interbank rates of major banks for the LIBOR Currency.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • BBA LIBOR has the meaning specified in the definition of “Eurocurrency Rate.”