Examples of Rate Setting Date in a sentence
The Reference Rate will be set for the first time [Reference Rate Setting Deadline] before the Issue Date and subsequently set [Reference Rate Setting Deadline] before the applicable Payment Date for the following Interest Period (the Reference Rate Setting Date).
The Note Interest Rate Margin for each Class of Sterling Notes that would have applied on any Interest Rate Setting Date following the Effective Date will be adjusted as follows: A.
Adjustment to the Note Interest Rate Margin applicable after the Effective Date The rate of interest payable on each Class of Sterling Notes following the Effective Date will be equal to Compounded Daily SONIA plus the Note Interest Rate Margin applicable on any Interest Rate Setting Date following the Effective Date as adjusted as set out below (the Adjusted Note Interest Rate Margin).
The Series Note Calculation Agent will in relation to each Class of Notes, as soon as practicable after the Interest Rate Setting Time on each Interest Rate Setting Date in relation to an Interest Period for that Class of Notes, determine the Interest Rate applicable to that Class of Notes for that Interest Period.
If Borrower satisfies all of the conditions to Lender's obligation to make the Advance, then Borrower may submit to Lender, by facsimile transmission before 1:00 p.m. Washington, D.C. time on any Business Day ("Rate Setting Date"), a completed and executed Rate Form.