Examples of Reference Dealer Rate in a sentence
Reset Reference Dealer Rate means, on any Reset Rate Determination Date, the percentage rate calculated by the Calculation Agent as being a yield-to-maturity based on the arithmetic mean of the secondary market bid prices for Reset U.S. Treasury Securities at approximately 4:30 p.m. (New York City time) on such Reset Rate Determination Date, and rounded, if necessary, to the nearest 0.001 per cent.
On the Determination Date (as defined below), the Calculation Agent will determine the Reference Dealer Rate (as defined below) applicable on the Make-Whole Redemption Date, calculate the Make-Whole Amount and, as soon as possible and no later than the Business Day immediately following the Determination Date, deliver a notice to that effect to the Issuer, the Fiscal Agent and the Bondholders in accordance with Condition 10.
Reset Reference Dealer Rate means, on any Reset Rate Determination Date, the rate calculated by the Calculation Agent as being a yield-to-maturity based on the arithmetic mean of the secondary market bid prices for Reset U.S. Treasury Securities at approximately 4:30 p.m. (New York City time) on such Reset Rate Determination Date, of leading primary U.S. government securities dealers in New York City (each, a Reference Dealer).
Reference Dealer Rate means, with respect to any Redemption Date, the average of the three quotations of the average midmarket annual yield to maturity of the 3.75% French Treasury Note due April 2021, or, if that security is no longer outstanding, a similar security in the reasonable judgment of the Reference Dealer, at 11.00 a.m. (London time) on the third business day in London preceding such Redemption Date quoted in writing to the Fiscal Agent by the Reference Dealer.
Reference Dealer Rate means, with respect to any Redemption Date, the average of the three quotations of the average midmarket annual yield to maturity of the 4% Deutsche Bundesrepublik due July 2015, or, if that security is no longer outstanding, a similar security in the reasonable judgment of the Reference Dealer, at 11.00 a.m. (London time) on the third business day in London preceding such Redemption Date quoted in writing to the Fiscal Agent by the Reference Dealer.