Examples of Rate Calculation Date in a sentence
If the Issuer [In the case of Notes issued by BASF Finance: or, as the case may be, the Guarantor] decides to postpone the Rate Calculation Date and the Spot Rate does not become available until the 15th consecutive day after the Initial Rate Calculation Date, the Business Day first succeeding the 15th consecutive day after the Initial Rate Calculation Date shall be the Rate Calculation Date.
If the Rate Calculation Date is postponed the relevant due date for payments will be postponed to the second Business Day after the Rate Calculation Date.
If two or three quotations are provided, the rate for a Rate Calculation Date will be the arithmetic mean of the rates provided.
If yes, list the items with reasons (tabular; 300 words)No deviations.
If “RMB Currency Event” is specified in the applicable Final Terms and a RMB Currency Event, as determined by the Issuer acting in good faith, exists on a date for payment of any amount in respect of any Note or Coupon, the Issuer’s obligation to make a payment in RMB under the terms of the Notes may be replaced by an obligation to pay such amount in U.S. dollars converted using the Spot Rate for the relevant Rate Calculation Date.