Floating Rate Convention definition

Floating Rate Convention means that each relevant date shall be the date which numerically corresponds to the preceding such date in the calendar month which is the number of months specified in the applicable Final Terms as the Specified Period after the calendar month in which the preceding such date occurred; provided, however, that:

Floating Rate Convention means that the date is postponed to the next following day which is a Business Day unless that day falls in the next calendar month, in which event:

Floating Rate Convention or “Eurodollar Convention” means that each relevant date shall be the date which numerically corresponds to the preceding such date in the calendar month which is the number of months specified in the relevant Final Terms as the Specified Period after the calendar month in which the preceding such date occurred provided, however, that:

Examples of Floating Rate Convention in a sentence

• A Specified Period, rather than Specified Interest Payment Dates, will only be relevant if the Business Day Convention is the FRN Convention, Floating Rate Convention or Eurodollar Convention.

• A Specified Period, rather than Specified Periodic Distribution Dates, will only be relevant if the Business Day Convention is the Floating Rate Convention.

• A Specified Period, rather than Interest Payment Dates, will only be relevant if the Business Day Convention is the FRN Convention, Floating Rate Convention or Eurodollar Convention.

• A Specified Period, rather than Specified Interest Payment Dates, will only be relevant if the Business Day Convention is the FRN Convention, Floating Rate Convention or EurodollarConvention.

• A Return Accumulation Period, rather than Specified Periodic Distribution Dates, will only be relevant if the Business Day Convention is the FRN Convention, Floating Rate Convention or Eurodollar Convention.

More Definitions of Floating Rate Convention

Floating Rate Convention has the meaning specified in the applicable Final Terms;

Floating Rate Convention means that the relevant date shall be postponed to the next day that is a Business Day unless it would thereby fall into the next calendar month, in which event (x) such date shall be brought forward to the immediately preceding Business Day and(y) each subsequent such date shall be the last Business Day of the month in which such date would have fallen had it not been subject to adjustment;

Floating Rate Convention means that the date is postponed to the next following day which is a Business Day unless that day falls in the next calendar month, in which event: (A) such date is brought forward to the first preceding day that is a Business Day; and

Floating Rate Convention means that the date is postponed to the first following day which is a Business Day unless it would thereby fall in the next calendar month, in which event:

Floating Rate Convention means any Interest Payment Date as adjusted in accordance with a specified Business Day Convention.

Floating Rate Convention means, if a business day convention is specified in the applicable Final Terms and if any Interest Payment Date (or any other date) would otherwise fall on a day which is not a Business Day and no express Interest Payment Date(s) is/are specified in the applicable Final Terms, such Interest Payment Date shall be postponed to the next day which is a Business Day unless it would thereby fall into the next calendar month, in which event (I) such Interest Payment Date (or other date) shall be brought forward to the immediately preceding Business Day and (II) each subsequent Interest Payment Date (or other date) shall be the last Business Day in the month which falls the number of months or other period specified as the Interest Period, or Accrual Period, as the case may be, in the applicable Final Terms after the preceding applicable Interest Payment Date occurred.

Floating Rate Convention means that each relevant date shall be the date which numerically corresponds to the preceding such date in the calendar month which is the