Reset Interest Determination Date definition

Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;
Reset Interest Determination Date means, with respect to a Reset Period, the day falling two Business Days prior to the Reset Date on which such Reset Period commences;
Reset Interest Determination Date means, in respect of any Interest Reset Period, the day falling two Business Days prior to the beginning of such Interest Reset Period.

Examples of Reset Interest Determination Date in a sentence

  • The Lender and the Borrower have agreed that the terms and conditions set forth in this Agreement including the Interest Rate (as defined below) payable in respect of the Loan and the terms and conditions of the reset of the Interest Rate on each Reset Interest Determination Date (as defined below) do not differ materially from the terms and conditions of similar agreements concluded on market terms as of the date of this Agreement.


More Definitions of Reset Interest Determination Date

Reset Interest Determination Date means the day falling two Business Days prior to the relevant Reset Date;
Reset Interest Determination Date means, in respect of any Reset Period, the day falling two business days prior to the beginning of such Reset Period.
Reset Interest Determination Date means, in respect of a Reset Interest Period, the date specified as such in the applicable Final Terms or, in the case of Exempt Notes, the applicable Pricing Supplement;
Reset Interest Determination Date means the day falling two Business Days prior to the Reset Date.
Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the Reset Date that commences such Reset Period.
Reset Interest Determination Date means the day falling two business days prior to the Reset Date.
Reset Interest Determination Date means the day falling two business days prior to the Reset Date. “Reset Reference Bank Rate” means the percentage rate determined on the basis of the 5-Year Mid-SwapRate Quotation provided by five leading swap dealers in the interbank market to the paying agent as atapproximately 11:00 a.m. (New York time) on the Reset Interest Determination Date. If at least three quotations are provided, the 5-Year Mid-Swap Rate will be the arithmetic mean of the quotations, eliminating the highest quotation (or, in the event of equality one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two quotations are provided, the 5-Year Mid-Swap Rate will be the arithmetic mean of the quotations provided. If only one quotation is provided, the 5-Year Mid-Swap Rate will be the quotation provided. If no quotations are provided, the 5-Year Mid-Swap Rate shall be equal to the last available 5-year semi-annual mid-swap rate on the Reset Screen Page.