Midpoint Date definition

Midpoint Date means with respect to any Fixed Rate Period, the first day which is at least one-half of the number of days in such Fixed Rate Period after the first day of such Fixed Rate Period.
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Midpoint Date means the date that is halfway between March 31, 2008 and the Closing Date (determined by including March 31, 2008 and including or excluding the Closing Date, as the case may be, in order to cause the period used for such determination to comprise an odd number of days).
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Midpoint Date means, with respect to any Term Rate Period, the first Interest Payment Date which is at least one-half of the number of days into such Term Rate Period.
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Examples of Midpoint Date in a sentence

  • The Interest Rate shall be calculated by determining the per annum yield to maturity of a U.S. Treasury obligation maturing on or most closely prior to the Midpoint Date.

  • An Independent Trustee's Present Value Factor shall be calculated according to the following formula: n Present Value Factor = 1/(1+i) where n= the number of years (expressed to the nearest 1/100th of a year) remaining until the date that is the midpoint between the date of the first remaining payment and the last remaining payment payable to the Independent Trustee under the Plan (the "Midpoint Date"); and i= the "Interest Rate" as determined below.

  • An Independent Trustee's Present Value Factor shall be calculated according to the following formula: Present Value Factor = 1/(1+i)n where n= the number of years (expressed to the nearest 1/100th of a year) remaining until the date that is the midpoint between the date of the first remaining payment and the last remaining payment payable to the Independent Trustee under the Plan (the "Midpoint Date"); and i= the "Interest Rate" as determined below.

  • For example, if the Premises Completion Midpoint Date were September 12, 2001, Base Rent would be $26.00 per rentable square foot through August 31, 2002.

  • Midpoint Date: The date that is exactly in the middle of the time period, which begins with the date of the oldest flagged entry summary on a Reconciliation entry and ends on the date of the filing of a Reconciliation entry.

  • For a project with an anticipated midpoint of construction date other than 1 October 2012 a cost escalation factor can be determined from this appendix as follows:Project Anticipated Midpoint Date - 1 Apr 2013 (MCP Index = 2629)Cost Escalation Factor = MCP Index 1 Apr 2013 / MCP Index 1 Oct 2012 = 2629/2607 = 1.00843.

  • For example, if the Substantial Completion Date for the First Increment were August 3, 2001, and the Substantial Completion Date for the Second Increment were October 23, 2001, the Premises Completion Midpoint Date would be September 12, 2001.

  • For purposes of this Lease, the "Premises Completion Midpoint Date" shall be the date that is half way between the Substantial Completion Date for the First Increment and the Substantial Completion Date for the Second Increment.

Related to Midpoint Date

  • Current Date means any day during the 20-day period ending on the date of the Closing.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Pricing Date means, for any fiscal quarter of the Consolidated Group ending on or after September 30, 2018, the date on which the Administrative Agent is in receipt of the MLP’s most recent consolidated financial statements (and, in the case of the year-end financial statements, audit report) for the fiscal quarter then ended, pursuant to Section 6.1. The Applicable Margin shall be established based on the Total Leverage Ratio for the most recently completed fiscal quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If the Borrowers have not delivered the MLP’s consolidated financial statements by the date such financial statements (and, in the case of the year-end financial statements, audit report) are required to be delivered under Section 6.1, until such financial statements and audit report are delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., the Total Leverage Ratio shall be deemed to be greater than 4.50 to 1.0). If the Borrowers subsequently deliver such financial statements before the next Pricing Date, the Applicable Margin established by such late delivered financial statements shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such financial statements shall be in effect from the Pricing Date that occurs immediately after the end of the fiscal quarter covered by such financial statements until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrowers and the Lenders absent manifest error. Notwithstanding the foregoing, if, as a result of any restatement of or other adjustment to the consolidated financial statements of the MLP or for any reason, the Lenders determine that (a) Total Leverage Ratio as calculated on any Pricing Date was inaccurate and (b) a proper calculation of Total Leverage Ratio would have resulted in a higher Applicable Margin for any period, then the Borrowers shall automatically and retroactively be obligated to pay to the Administrative Agent for the benefit of the Lenders, promptly on demand by the Administrative Agent, an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period.

  • Base Date means a date 30 day prior to the submission of tenders.

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • ST Valuation Date means the Redemption Valuation Date.

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.C.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Strike Date means 12 March 2014, subject to postponement in accordance with the following provisions. If on the Strike Date the Reference Price of an Underlying is not determined and published or if on the Strike Date a Market Disruption Event with respect to an Underlying occurs, then the next following Exchange Business Day on which the Reference Price of such Underlying is determined and published again and on which a Market Disruption Event with respect to such Underlying does not occur will be deemed to be the relevant Strike Date for such Underlying.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Reduction Date has the meaning set forth in Section 20.1B.

  • Quotation Date means, in relation to any Interest Period (or any other period for which an interest rate is to be determined under any provision of a Finance Document), the day on which quotations would ordinarily be given by leading banks in the London Interbank Market for deposits in the currency in relation to which such rate is to be determined for delivery on the first day of that Interest Period or other period;

  • Capitalization Date has the meaning set forth in Section 3.2(a).

  • Bid Valuation Date means May 10, 2010.

  • Inception Date means in respect of a Fund, the first date on which the Fund issued shares.

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;

  • Reference Balance Sheet Date is defined in Section 3.5.

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Applicable Market Value has the meaning specified in Section 5.1.

  • Restatement Date means the earlier to occur of (i) the date the Board, a committee of the Board or the officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (ii) the date a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • Quarterly Date means the last day of each March, June, September and December.