Reset Rate of Interest Determination Date definition

Reset Rate of Interest Determination Date means, in relation to a Reset Interest Period, the day falling two U.S. Government Securities Business Days prior to the Reset Date on which such Reset Interest Period commences;
Reset Rate of Interest Determination Date means, in respect of the determination of the Reset Rate of Interest applicable during any Reset Period, the day falling two Business Days prior to the Reset Date on which such Reset Period commences.
Reset Rate of Interest Determination Date means the day falling two Business Days prior to the Reset Date;

Examples of Reset Rate of Interest Determination Date in a sentence

  • If on any Reset Rate of Interest Determination Date, the Relevant Screen Page is not available or the 5- year Mid-Swap Rate does not appear on the Relevant Screen Page, the Issuer (or an agent appointed by the Issuer) shall request each of the Reset Reference Banks to provide it with its 5-year Mid-Swap Rate Quotations at approximately 11:00 a.m. (Central European time) on such Reset Rate of Interest Determination Date.

  • The Agent will, as soon as practicable after 11:00 a.m. (Central European time) on each Reset Rate of Interest Determination Date, determine the applicable Reset Rate of Interest.

  • The Calculation Agent will, as soon as reasonably practicable after 11:00 a.m. (Central European time) on each Reset Rate of Interest Determination Date in relation to a Reset Interest Period, determine the Reset Rate of Interest for such Reset Interest Period.


More Definitions of Reset Rate of Interest Determination Date

Reset Rate of Interest Determination Date means the day falling seven U.S. Government Securities Business Days (as defined in the Conditions) before the first day of a Reset Period.
Reset Rate of Interest Determination Date means the day falling two Business Days prior to the First Call Date.
Reset Rate of Interest Determination Date means the second Business Day prior to the Reset Date. (3) Auflaufende Zinsen. Der Zinslauf der Schuldverschreibungen endet mit Beginn des Tages, an dem sie zur Rückzahlung fällig werden.(3) Accrual of Interest. The Notes shall cease to bear interest as from the beginning of the day on which they are due for redemption. (4) Bestimmung des Reset-Zinssatzes. Die Berechnungsstelle wird den Reset-Zinssatz am Reset-Zinssatz-Bestimmungstag feststellen und veranlassen, dass der Reset-Zinssatz der Emittentin, der Anfänglichen Zahlstelle oder jeder anderen Zahlstelle und jeder Börse, an der die Schuldverschreibungen zu diesem Zeitpunkt notiert sind und deren Regeln eine Mitteilung verlangen, sowie den Gläubigern gemäß § 13(4) Determination of the Reset Rate of Interest. On the Reset Rate of Interest Determination Date, the Calculation Agent will determine the Reset Rate of Interest and will cause the Reset Rate of Interest to be notified to the Issuer, the Initial Paying Agent or any other relevant Paying Agent and, if required by the rules of any stock exchange on which the Notes are then listed, to such stock exchange and to the Holders inbaldmöglichst nach Feststellung, aber keinesfalls später als am vierten auf die Feststellung folgenden Geschäftstag mitgeteilt werden.accordance with § 13 as soon as possible after its determination but, in any case, not later than the fourth Business Day after its determination. (5) Berechnung der Zinsen für Teile von Zeiträumen. Sofern Zinsen für einen Zeitraum von weniger als einem Jahr zu berechnen sind, erfolgt die Berechnung des betreffenden Zinsbetrags auf der Grundlage des Zinstagequotienten (wie nachstehend definiert).(5) Calculation of Interest for Partial Periods. If interest is required to be calculated for a period of less than one full year, the respective amount of interest shall be calculated on the basis of the Day Count Fraction (as defined below). (6) Zinstagequotient. "Zinstagequotient" bezeichnet im Hinblick auf die Berechnung des Zinsbetrags auf die Schuldverschreibungen für einen beliebigen Zeitraum (der "Zinsberechnungszeitraum"):(6) Day Count Fraction. "Day Count Fraction" means, in respect of the calculation of an amount of interest on the Notes for any period of time (the "Calculation Period"):

Related to Reset Rate of Interest Determination Date

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • 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;

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.

  • 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;

  • 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);

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such other day as otherwise reasonably determined by the Administrative Agent).

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • Subsequent Reset Rate of Interest means, in respect of any Subsequent Reset Period and subject to Condition 4(b)(ii), the rate of interest determined by the Calculation Agent on the relevant Reset Determination Date as the sum of the relevant Mid-Swap Rate and the relevant Subsequent Margin.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • 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.

  • 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.

  • First Reset Rate of Interest means, in respect of the First Reset Period and subject to Condition 5.2(b), the rate of interest determined by the Calculation Agent on the relevant Reset Determination Date as the sum of the Reference Rate and the First Margin;

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

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Initial Rate of Interest means the initial rate of interest per annum specified as such in the relevant Final Terms;

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.