Examples of Reset Screen Page in a sentence
For the purposes of these Conditions, the relevant “ EUR 5 year Swap Rate”, in respect of a Reset Period, shall be the annual mid-swap rate as displayed on the EUR Reset Screen Page as at 11:00 a.m. (CET) on the relevant Reset Interest Determination Date.
In the event that such mid-swap rate does not appear on the Reset Screen Page on the relevant Reset Determination Date at approximately that time, the Swap Rate will be the Reset Reference Bank Rate.
In the event that the relevant 12 Year Swap Ratedoes not appear on the Reset Screen Page on the relevant Reset Date, the 12 Year Swap Rate will be established by the Borrower and the Lender Committee (acting on the instructions of the Majority Lenders) in accordance with the mechanics applicable to the 10 Year Swap Rate.
Substitution or Variation Event has the meaning specified in Condition 14.2.Swap Rate means, in relation to a Reset Period and the Reset Determination Date in relation to such Reset Period, the annual mid-swap rate for a term of 5 years as displayed on the Reset Screen Page as at 11:00 a.m. (Brussels time) on such Reset Determination Date.
The Seller is not required to be qualified, authorized, registered or licensed to do business as a foreign corporation in any jurisdiction other than the jurisdictions listed in Part 2.1 of the Disclosure Schedule.