Floating Rate Tranche definition

Floating Rate Tranche means a Tranche on which Floating Rate is applied.

Floating Rate Tranche means the Series [ ] Environmental Control Bonds, Tranche [ ].]

Floating Rate Tranche means a Tranche disbursed on a Floating Rate basis.

Examples of Floating Rate Tranche in a sentence

• If pursuant to Articles 1.05 and 1.06 disbursement of any Floating Rate Tranche takes place after the Scheduled Disbursement Date the Relevant Interbank Rate applicable to the first Floating Rate Reference Period shall apply as though the disbursement had been made on the Scheduled Disbursement Date.

• The Borrower shall pay interest on the outstanding balance of each Floating Rate Tranche at the Floating Rate quarterly, semi-annually or annually in arrears on the relevant Payment Dates, as specified in the Disbursement Notice commencing on the first such Payment Date following the Disbursement Date of the Tranche.

• The Borrower shall pay interest on the outstanding balance of each Floating Rate Tranche at the Floating Rate quarterly, semi-annually or annually in arrears on the relevant Payment Dates, as specified in the Disbursement Offer commencing on the first such Payment Date following the Disbursement Date of the Tranche.

• The Borrower shall pay interest on the outstanding balance of each Floating Rate Tranche at the Floating Rate semi-annually in arrears on the relevant Payment Dates, as specified in the Disbursement Offer commencing on the first such Payment Date following the Disbursement Date of the Tranche.

• If, pursuant to Articles 1.05 and 1.06, disbursement of any Floating Rate Tranche takes place after the Scheduled Disbursement Date, the Relevant Interbank Rate applicable to the first Floating Rate Reference Period shall apply as though the disbursement had been made on the Scheduled Disbursement Date.

More Definitions of Floating Rate Tranche

Floating Rate Tranche means each portion of the Loan bearing interest at any time at a Floating Rate.

Floating Rate Tranche means a Tranche on which the Floating Rate is applied. "GAAP" means generally accepted accounting principles in Finland, including IFRS. "GDPR" means the General Data Protection Regulation (EU) 2016/679.

Floating Rate Tranche. For a Series of Class A Certificates in its Funding Period, the tranche under the Series of Certificates which is equal to the Outstanding Floating Tranche Balance for such Series.

Floating Rate Tranche means a Tranche on which a Floating Rate is applied. "Frozen Rate Calculation Date" means:

Floating Rate Tranche means a Tranche disbursed on a Flo- ating Rate basis. «Framework Agreement» has the meaning given to it in Reci- tal (4). «Indemnifiable Prepayment Event» means a prepayment event under Article 4.03A other than paragraphs 4.03A(1) and 4.03A(2). «Interest Revision/Conversion» means the determination of new financial conditions relative to the interest rate, speci- fically the same interest rate basis (»revision») or a different interest rate basis (»conversion») which can be offered for the remaining term of a Tranche or until a next Interest Revision/ Conversion Date, if any. «Interest Revision/Conversion Date» means the date, being a Payment Date, specified by the Bank pursuant to Article 1.02B in the Disbursement Notice or pursuant to Article 3 and Sche- dule D. «Interest Revision/Conversion Proposal» means a proposal made by the Bank under Schedule D, for an amount which, at the proposed Interest Revision/Conversion Date, is not less than EUR 10.000.000 (ten million euros) or the equivalent thereof. «Interest Revision/Conversion Request» means a written notice from the Borrower, delivered at least 75 (seventy-five) days be- fore an Interest Revision/Conversion Date, requesting the Bank to submit to it an Interest Revision/Conversion Proposal. The Interest Revision/Conversion Request shall also specify:

Floating Rate Tranche means a Tranche on which Floating Rate is applied. ‘‘Indemnifiable Prepayment Event’’ means a prepayment event under Article 4.03A other than paragraphs 4.03A(1) and 4.03A(2). ‘‘Loan’’ means the aggregate amount of Tranches disbursed from time to time by the Bank under this Contract.

Floating Rate Tranche means a Tranche on which Floating Rate is applied. "Indemnifiable Prepayment Event" means a prepayment event under Article 4.03A. "LIBOR" has the meaning given to it in Schedule B.