Examples of Reset Note Reset Date in a sentence
If there has not been a first Interest Payment Date or Reset Note Reset Date (as applicable), the Rate of Interest shall be the initial Rate of Interest.
If on any Reset Determination Date none of the Reference Banks provides the Calculation Agent with a Mid-Market Swap Rate Quotation as provided in the foregoing provisions of this Condition 10(a), the First Reset Rate of Interest or the Subsequent Reset Rate of Interest (as applicable) shall be determined to be the Rate of Interest as at the last preceding Reset Note Reset Date or, in the case of the first Reset Determination Date, the First Reset Rate of Interest shall be the Initial Rate of Interest.
Thereafter, the interest rate may be recalculated on the First Reset Note Reset Date and each Reset Note Reset Date specified by reference to a Mid-Market Swap Rate for euros, and for a period equal to the Reset Period, of the Dated Tier 2 Notes, as adjusted for any applicable margin, in each case as specified in the Final Terms of the Dated Tier 2 Notes.Interest Deferral: The Issuer may on any Optional Interest Payment Date defer payments of interest on Dated Tier 2 Notes.
The amount of interest payable in respect of each Note from (and including) the Interest Commencement Date until (but excluding) the First Reset Note Reset Date shall be the relevant Fixed Coupon Amount and, if the Notes are in more than one Specified Denomination, shall be the relevant Fixed Coupon Amount in respect of the relevant Specified Denomination.