OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank Funding Rate) ceases to publish the daily Overnight Bank Funding Rate or the date as of which the daily Overnight Bank Funding Rate may no longer be used;
OBFR Index Cessation Effective Date means, in respect of a OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the Overnight Bank Funding Rate), ceases to publish the Overnight Bank Funding Rate, or the date as of which the Overnight Bank Funding Rate may no longer be used.
OBFR Index Cessation Effective Date means, in respect of a OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.
Examples of OBFR Index Cessation Effective Date in a sentence
For the avoidance of doubt, in no event shall the Calculation Agent be responsible for determining whether any SOFR Index Cessation Effective Date, SOFR Index Cessation Event, OBFR Index Cessation Event, OBFR Index Cessation Effective Date or any adjustments or conforming changes thereto has occurred, or for the Issuer’s decisions and determinations described in this Condition 5.
More Definitions of OBFR Index Cessation Effective Date
OBFR Index Cessation Effective Date means, in respect of an OBFR Index Cessation Event, the date on which the New York Federal Reserve (or any successor administrator of OBFR) ceases to publish OBFR, or the date on which OBFR may no longer be used;
OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank
OBFR Index Cessation Effective Date means, in respect of a OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the Overnight Bank Funding Rate), ceases to publish the Overnight Bank Funding Rate, or the date as of which the Overnight Bank Funding Rate may no longer be used. "OBFR Index Cessation Event" means the occurrence of one or more of the following events: (a) a public statement by the Federal Reserve Bank of New York (or a successor administrator of the OBFR) announcing that it has ceased or will cease to provide OBFR permanently or indefinitely, provided that, at that time, there is no successor administrator that will continue to provide OBFR; or (b) the publication of information which reasonably confirms that the Federal Reserve Bank of New York (or a successor administrator of OBFR) has ceased or will cease to provide OBFR permanently or indefinitely, provided that, at that time, there is no successor administrator that will continue to publish or provide OBFR; or (c) a public statement by a U.S. regulator or other U.S. official sector entity prohibiting the use of OBFR that applies to, but need not be limited to, all swap transactions, including existing swap transactions. "SOFR Index Cessation Effective Date" means, in respect of a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the Secured Overnight Financing Rate), ceases to publish the Secured Overnight Financing Rate, or the date as of which the Secured Overnight Financing Rate may no longer be used. "SOFR Index Cessation Event" means the occurrence of one or more of the following events: (a) a public statement by the Federal Reserve Bank of New York (or a successor administrator of the Secured Overnight Financing Rate) announcing that it has ceased or will cease to provide the Secured Overnight Financing Rate permanently or indefinitely, provided that, at that time, there is no successor administrator that will continue to provide a Secured Overnight Financing Rate; or (b) the publication of information which reasonably confirms that the Federal Reserve Bank of New York (or a successor administrator of the Secured Overnight Financing Rate) has ceased or will cease to provide the Secured Overnight Financing Rate permanently or indefinitely, provided that, at that time, there is no successor administrator that will continue to provide the Secured Overnight Financing Rate; or (c) a public sta...
OBFR Index Cessation Effective Date means, in respect of a OBFR Index Cessa- tion Event, the date on which the Federal Reserve Bank of New York (or any suc- cessor administrator of OBFR), ceases to publish OBFR, or the date as of which OBFR may no longer be used.
OBFR Index Cessation Effective Date means, in respect of an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used. PROVISIONS RELATING TO REDEMPTION 17. Final Redemption Amount of each Note (Condition 6): US$1,000 per minimum Specified Denomination 18. Early Redemption Amount (Condition 6(c)): As set out in the Conditions GENERAL PROVISIONS APPLICABLE TO THE NOTES 19. Form of Notes (Condition 1(a)): Fed Bookentry Notes: