Spread Determination Date definition

Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.
Spread Determination Date means the Business Day that is two Business Days prior to the day of delivery of the request to make, convert or continue, as applicable, each Loan (and if such Loan is a Eurocurrency Rate Loan with an Interest Period longer than three months, the Market Rate Spread shall be reset to the Market Rate Spread as reported on the Business Day that is two Business Days prior to the day that is three months after the later of (i) the day on which such Eurocurrency Rate Loan was made, converted or continued and (ii) the last day on which the Market Rate Spread was reset).
Spread Determination Date means, at any time, (a) for any Eurocurrency Advance, (i) the date that is two Business Days before the commencement of the Interest Period applicable to such Advance and (ii) in the case of an Interest Period of more than three months’ duration, the date that is the last Business Day of each successive three-month period during such Interest Period, and (b) for any Base Rate Advance, (i) the Effective Date and (ii) the last day (or if such day is not a Business Day, the immediately preceding Business Day) of each calendar month after the Effective Date.

Examples of Spread Determination Date in a sentence

  • The aggregate principal amount of Notes Outstanding at any time may not exceed such amount except as provided in Section 2.5. On each Spread Determination Date, upon receipt of an Issuer Order, the Indenture Trustee shall deliver a revised Schedule A for the Reset Rate Notes to the Custodians.

  • On each Spread Determination Date, upon receipt of an Issuer Order, the Indenture Trustee shall deliver a revised Annex 1 for the Class A-5a Notes to the DTC Custodian.

  • The aggregate principal amount of Notes Outstanding at any time may not exceed such amount except as provided in Section 2.5. On each Spread Determination Date, upon receipt of an Issuer Order, the Indenture Trustee shall deliver a revised Schedule A for the Reset Rate Notes to the Custodians.Each Note shall be dated the date of its authentication.

  • If the Agent is unable to establish the Spread on a Spread Determination Date, the Spread for that period will be the Spread most recently determined (except if there is no Spread most recently determined, in which case the Spread shall be a spread mutually agreed upon by the Agent and the Company reflecting current market conditions), and such Spread shall remain in effect until the Agent shall determine a new Spread.

  • In addition, the Spread for each Subsequent Spread Period shall be established by 1:00 p.m., New York City time, on the fifth Business Day prior to the Commencement Date of such Subsequent Spread Period (each, a "Spread Determination Date").


More Definitions of Spread Determination Date

Spread Determination Date means the date that is fifteen Business Days prior to each Cashflow Model Calculation Date;
Spread Determination Date means, for any class of Reset Rate Notes, not later than 3:00 p.m., New York City time, on the third Business Day prior to the applicable Reset Date.
Spread Determination Date means the date that is fifteen Canadian Business Days prior to each Cash Flow Model Calculation Date;
Spread Determination Date means the date that is 15 Business Days prior to each Cash Flow Model Calculation Date; Stabilised Rate means the rate to which any Loan reverts after the expiration of any period during which any alternative method(s) of calculating the interest rate specified in the Offer Conditions are used;
Spread Determination Date means, for each Class of the Reset Rate Notes, 3:00 p.m., New York City time, on the third Business Day prior to the related Reset Date.
Spread Determination Date is the tenth calendar day prior to the Commencement Date of such Subsequent Spread Period on which the Spread for each Subsequent Spread Period will be established by 3:00 p.m., New York City time.
Spread Determination Date has the meaning set forth in Section 2.5.2(b) of the Loan Agreement.