Reset Effective Date definition

Reset Effective Date means the date three Business Days following the date of a Successful Remarketing pursuant to which the Coupon Rate is reset to a Reset Rate.

Reset Effective Date has the meaning specified in the Officer’s Certificate.

Reset Effective Date means (i) May 17, 2004 in case the interest rate is reset on the Initial Remarketing Date, or (ii) the Purchase Contract Settlement Date, in case the interest rate is reset on the Secondary Remarketing Date.

Examples of Reset Effective Date in a sentence

• If the Coupon Rate is so reset, the Senior Notes will bear interest at the Reset Rate from the related Reset Effective Date until the principal thereof and interest thereon is paid or duly made available for payment and shall bear interest, to the extent permitted by law, compounded quarterly, on any overdue principal and payment of interest at the Coupon Rate through and including the day immediately preceding the Reset Effective Date and at the Reset Rate thereafter.

• The Reset Rate shall be effective from and after the Reset Effective Date.

• In the event of a Successful Remarketing of the Senior Notes, the Coupon Rate will be reset by the Remarketing Agent at the appropriate Reset Rate with effect from the related Reset Effective Date, as set forth under Section 8.03.

• The Coupon Rate on the Debentures to be in effect on and after the Reset Effective Date will be determined on the Successful Remarketing Date with respect thereto, and reset to the Reset Rate.

• We will notify you in writing of these changes before the Rider Reset Effective Date and you will have the option to cancel the Rider Reset as discussed below.

More Definitions of Reset Effective Date

Reset Effective Date means (i) February 17, 2005 in case the interest rate is reset on the Initial Remarketing Date or (ii) the Purchase Contract Settlement Date, in case the interest rate is reset on the Secondary Remarketing Date.

Reset Effective Date has the meaning set forth in Section 5.03(c)(ii).

Reset Effective Date has the meaning set forth in the Purchase Contract and Pledge Agreement.

Reset Effective Date means the third Business Day following a Successful Initial Remarketing or August 17, 2004.

Reset Effective Date means the third Business Day immediately following any Reset Date.

Reset Effective Date means (i) the Initial Reset Date, in case the Distribution rate is reset on the Initial Remarketing Date, or (ii) the Purchase Contract Settlement Date, in case the Distribution rate is reset on the Secondary Remarketing Date.

Reset Effective Date means the Purchase Contract Settlement Date, in the event of a Successful Remarketing pursuant to which the Coupon Rate is reset to a Reset Rate.