Reset Notes definition

Reset Notes means a Note on which interest is calculated at reset rates payable in arrear on a fixed date or dates in each year and/or at intervals of one, two, three, six or 12 months or at such other date or intervals as may be agreed between the Issuer and the relevant dealer(s) (as indicated in the relevant Final Terms);
Sample 1Sample 2Sample 3
Reset Notes means a Note on which interest is calculated at a fixed rate, which is reset by reference to a formula in respect of each successive Reset Period, payable in arrear on a fixed date or fixed dates in each year and on redemption or on such other dates as may be agreed between the Issuer and the relevant Dealer(s) (as indicated in the applicable Final Terms);
Sample 1Sample 2Sample 3
Reset Notes means one or more notes in the form of Exhibit A hereto due December 31, 2009, dated the Reset Determination Date and in an aggregate principal amount at maturity equal to the future value on December 31, 2009 of the aggregate Reset Note Price which shall have been amortized through such date, such amount to be so amortized on a daily basis and compounded semi- annually on each January 1 and July 1 at the Reset Accretion Rate from the Reset Determination Date, until December 31, 2009 computed on the basis of a 360-day year of twelve 30-day months.
Sample 1

Examples of Reset Notes in a sentence

  • The Subsequent Reset Rate of Interest for any Reset Period could be less than the Initial Rate of Interest or the Subsequent Reset Rate of Interest for prior Reset Periods and could affect the market value of an investment in the Reset Notes.

  • Fixed Rate] [Fixed Reset Notes] [[[ ] month [EURIBOR/STIBOR/NIBOR] +/- [ ] per cent.

  • The Rate of Interest for each Reset Period shall otherwise be determined by the Agent or the Calculation Agent, as applicable, on the relevant Reset Determination Date in accordance with the provisions of this Condition 4.2. Once the Rate of Interest is determined for a Reset Period, the provisions ofCondition 4.1 shall apply to Fixed Reset Notes, as applicable, as if the Fixed Reset Notes were Fixed Rate Notes.

  • The interest rate on Reset Notes will reset on each Reset Date, which can be expected to affect the interest payment on an investment in Reset Notes and could affect the market value of the Reset Notes Reset Notes will initially bear interest at the Initial Rate of Interest from and including the Interest Commencement Date up to but excluding the First Reset Date.

  • The provisions of this Condition 4 shall apply, as applicable, in respect of any determination by the Agent or the Calculation Agent, as applicable, of the Rate of Interest for a Reset Period in accordance with this Condition 4.2 as if the Fixed Reset Notes were Floating Rate Notes.

  • This Condition 4(c) (Interest on Reset Notes) is applicable to the Notes only if the Reset Note Provisions are specified in the relevant Final Terms (or Pricing Supplement if applicable) as being applicable.

  • The Issuer is not regulated as a financial institution in Canada.BENCHMARKS REGULATION – Amounts payable on Floating Rate Notes and Fixed Reset Notes may be calculated by reference to the Secured Overnight Financing Rate (SOFR) which is administered by the Federal Reserve Bank of New York.


More Definitions of Reset Notes

Reset Notes means the Class A-RR Notes, the Class B-RR Notes, the Class C-
Sample 1
Reset Notes means the Company's 13.500% Senior Subordinated Reset Notes due 1997 issued under the Reset Indenture, the interest rate on which has been reset to 16 1/8%.
Sample 1
Reset Notes means the Company's 13.500% Senior Subordinated Reset Notes due 1997 (the interest rate on which has been reset to 16 1/8%) issued under an Indenture, dated as of April 1, 1988, among the Company (as successor to Brooke Partners L.P.) and Brooke Capital Corp., as Issuers, L Holdings Inc., as General Partner, and Shawmut Bank, N.A., as successor trustee to National Westminster Bank, USA, as amended, modified or supplemented from time to time.
Sample 1
Reset Notes means the Refinancing Notes, the Class X Notes and the Additional Class F Notes.
Sample 1

Related to Reset Notes

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Fixed Rate Notes Together, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Floating Rate Notes means the Class A-2b Notes.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.