Reset Day definition

Reset Day shall have the meaning set forth in Section 4(c).
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Reset Day means an Index Business Day (t) other than an Expiry Day on which the Index Level is equal to the highest recorded level since (and including) the Index Base Date to (and including) any such Index Business Day (t).
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Reset Day means Wednesday of each week (or, if such Wednesday is not a Business Day, the next Business Day).
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Examples of Reset Day in a sentence

  • Interest is calculated in respect of each "interest accrual period", which commences on (and includes) the fourth business day of each month (each, a “SwapClear Reset Day”) and ends on (and includes) the calendar day immediately before the next SwapClear Reset Day.

  • Interest is calculated in respect of each “interest accrual period”, which commences on (and includes) a Reset Day and ends on (and includes) the calendar day immediately before the next Reset Day.

  • Interest is calculated in respect of each "interest accrual period", which commences on (and includes) the fourth business day of each month (each, an “Equities Reset Day”) and ends on (and includes) the calendar day immediately before the next Equities Reset Day.

  • Interest is calculated in respect of each "interest accrual period", which commences on (and includes) the fourth business day of each month (each, a “RepoClear Reset Day”) and ends on (and includes) the calendar day immediately before the next RepoClear Reset Day.

  • Clearing Members will be repaid via PPS any excess Relevant Contribution amounts on the Reset Day immediately following the determination of the Relevant Contribution.

  • Gold, the greater of (x) the product of (1) the Lease Rate in respect of the Fee Calculation Reset Day immediately preceding such Scheduled Valuation Day plus the Gold Spread and (2) 110 per cent.

  • Interest on Relevant Contributions will be paid to Clearing Members’ PPS accounts on the first working day after the Reset Day following the end of the relevant “interest accrual period”.

  • Excess SwapClear Contribution amounts due to SwapClear Clearing Members following the adjustment to the SwapClear Contribution will be repaid to SwapClear Clearing Members' PPS accounts on the SwapClear Reset Day immediately following the adjustment to the SwapClear Contribution.

  • Interest is calculated in respect of each "interest accrual period", which commences on (and includes) the fourth business day of each month (each, a “ForexClear Reset Day”) and ends on (and includes) the calendar day immediately before the next ForexClear Reset Day.

  • ForexClear Contribution requirements will be notified to ForexClear Clearing Members at least two working days prior to each ForexClear Reset Day on Member Intranet Report 000032.

Related to Reset Day

  • Reset Date means the First Reset Date, the Second Reset Date and each Subsequent Reset Date (as applicable);

  • Market Day means a day on which the SGX-ST is open for trading in securities.

  • Reset Dates The first day of each Calculation Period.

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • SOFR Reset Date means each Business Day during the relevant Interest Period, provided however that if both a Benchmark Event and a SOFR Index Cessation Date have occurred, it shall mean: (i) in respect of the period from, and including, the first day of the Interest Period in which the SOFR Index Cessation Date falls (such Interest Period, the "Affected Interest Period") to, but excluding, the SOFR Index Cessation Date (such period, the "Partial SOFR Period"), each Business Day during the Partial SOFR Period; (ii) in respect of the period from, and including, the SOFR Index Cessation Date to, but excluding, the Interest Payment Date in respect of the Affected Interest Period (such period, the "Partial Fallback Period"), each New York City Banking Day during the Partial Fallback Period; and (iii) in respect of each Interest Period subsequent to the Affected Interest Period, each New York City Banking Day during the relevant Interest Period; and

  • Payment Day means a day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets are open for business (including dealings in foreign exchange and foreign exchange currency deposits) in the principal financial centre for the Settlement Currency or if the Settlement Currency is euro, any day on which the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) System is open;

  • Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.

  • SOFR Rate Day has the meaning specified in the definition of “Daily Simple SOFR”.

  • Interest Reset Date means, with respect to any Interest Period with respect to the Floating Rate Notes, the first day of such Interest Period; provided that if any Interest Reset Date would otherwise be a day that is not a Business Day, that Interest Reset Date will be postponed to the next succeeding day that is a Business Day, except that if that Business Day falls in the next succeeding calendar month, such Interest Reset Date will be the immediately preceding Business Day.

  • Commercial Paper Rate means: (1) the

  • Reset Rate means, in connection with each Remarketing, the rate per annum (as determined by the Remarketing Agent(s) in consultation with the Company pursuant to the Remarketing Agreement) rounded to the nearest one thousandth (0.001) of one percent that the Notes shall bear.

  • Settlement Day means, in relation to a date, (i) with respect to a transfer of cash or other property (other than securities), the next Local Business Day and (ii) with respect to a transfer of securities, the first Local Business Day after such date on which settlement of a trade in the relevant securities, if effected on such date, would have been settled in accordance with customary practice when settling through the clearance system agreed between the parties for delivery of such securities or, otherwise, on the market in which such securities are principally traded (or, in either case, if there is no such customary practice, on the first Local Business Day after such date on which it is reasonably practicable to deliver such securities).

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Optional Reset Date has the meaning specified in Section 3.7.

  • Reset Rate of Interest means, in relation to a Reset Interest Period, the 7-year Mid-Swap Rate determined for such Reset Interest Period by the Fiscal Agent in accordance with Condition 5 (Interest);

  • Rate Fixing Day means the date falling two London Business Days before the start of a Term for a Loan or such other day as the Facility Agent determines is generally treated as the rate fixing day by market practice in the relevant interbank market.

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Reset MQD has the meaning given such term in Section 5.11(e).

  • Per day means per calendar day or part thereof.

  • Debit Day means the day that payment by You to Us is due.

  • Reset Price means the greater of (i) 50% of the Initial Exercise Price (as adjusted for share splits, share dividends, recapitalizations and similar events pursuant to Section 3(a) hereof) and (ii) 100% of the lowest VWAP occurring on any day between the Initial Exercise Date and ninety (90) calendar days following the Issuance Date; provided that the Reset Price shall in no event be less than a floor price of 50% of the Initial Exercise Price.

  • relevant day means any day other than a Saturday, Sunday or a day which is a public holiday at the Postal Address of the receiving party;

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Interest Reset Period The period beginning on the applicable Reset Date and ending on the calendar day preceding the next Reset Date.