Reset Interest Period definition

Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.
Reset Interest Period means the First Reset Interest Period or a Subsequent Reset Interest Period, as the case may be;
Reset Interest Period means each period from (and including) a Reset Date to (but excluding) the next succeeding Reset Date;

Examples of Reset Interest Period in a sentence

  • The Rate of Interest for each Interest Period from (and including) the First Reset Date will be the relevant Reset Rate of Interest in respect of the Reset Interest Period in which such Interest Period falls, as determined by the Calculation Agent.

  • Such an appeal must be lodged in writing (stating the reasons for the appeal) with the Operations Officer of the Association.

  • The rate of interest for each Interest Period from (and including) the First Call Date will be equal to the sum of (i) the Reference Rate in respect of the Reset Interest Period in which such Interest Period falls and (ii) the Margin, all as determined by the Fiscal Agent.

  • The Fiscal Agent will, as soon as practicable after 11:00 a.m. (Brussels time) on each Reference Rate Determination Date in relation to a Reset Interest Period, determine the Reference Rate for such Reset Interest Period and calculate the amount of interest payable per Calculation Amount on the Interest Payment Dates in relation to each Interest Period falling in such Reset Interest Period (each a “Reset Interest Amount”).

  • The Agent will at or as soon as practicable after each time at which a Rate of Interest in respect of a Reset Interest Period is to be determined, determine the relevant Rate of Interest for such Reset Interest Period.


More Definitions of Reset Interest Period

Reset Interest Period means the period from (and including) the Reset Date and ending on (but excluding) the Maturity Date;
Reset Interest Period means each period beginning on (and including) the First Reset Date or any subsequent Reset Date and ending on (but excluding) the next Reset Date or, as the case may be, the Maturity Date;
Reset Interest Period means each period beginning on (and including) the Reset Date or any Interest Payment Date thereafter and ending on (but excluding) the next Interest Payment Date;
Reset Interest Period means any period commencing on the First Reset Date (including) until the immediately following Reset Date (excluding) and thereafter commencing on any Reset Date (including) until the immediately following Reset Date (excluding). Für den Fall, dass der 5 Jahres Swapsatz am Referenz Reset Tag nicht auf der Reset- Bildschirmseite erscheint, ist der 5 Jahres Swapsatz der Reset-Referenzbankensatz am Referenz Reset Tag. Der "Reset- Referenzbankensatz" ist der Prozentsatz, der auf Basis der 5 Jahres Swapsatz-Quotierungen, die der Berechnungsstelle ungefähr um 11:00 Uhr (Frankfurter Ortszeit) von fünf führenden Swap- Händlern im Interbankenhandel (die "Reset- Referenzbanken") gestellt werden, am Referenz Reset Tag festgelegt wird. Wenn mindestens drei Quotierungen genannt werden, wird der Reset- Referenzbankensatz das rechnerische Mittel der Quotierungen unter Ausschluss der höchsten Quotierung (bzw., für den Fall von gleich hohen Quotierungen, einer der höchsten Quotierungen) und der niedrigsten Quotierung (bzw., für den Fall von gleich hohen Quotierungen, einer der niedrigsten Quotierungen) sein. Werden nur zwei Quotierungen genannt, ist der Reset- Referenzbankensatz das rechnerische Mittel der beiden Quotierungen. Wird nur eine Quotierung genannt, ist der Reset-Referenzbankensatz diese Quotierung. Kann der Reset-Referenzbanksatz nicht gemäß der vorhergehenden BestimmungenIn the event that the Reference Rate does not appear on the Reset-Screen on the relevant Reference Reset Date, the 5 year swap rate shall be determined by the Reset-Reference Banking Rate at the Reference Reset Date. The "Reset- Reference Banking Rate" means the percentage rate, which is determined on the Reference Reset Date on the basis of the 5 year Swap Rate Quotations provided to the Calculation Agent by five leading swap dealers in the interbank commerce at approximately 11.00 a.m. Frankfurt time (the "Reset-Reference Banks"). If at least three quotations are provided, the Reset- Reference Banking Rate will be the arithmetic mean of the quotations, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two quotations are provided, the Reset-Reference Banking Rate will be the arithmetic mean of the quotations provided. If only one quotation is provided, the Reset-Reference Banking Rate will be the quotation provided. If no quotations are provided, the Reset-Reference Banking ...
Reset Interest Period means each period beginning on, and including, a Reset Date and ending on, but excluding, the next succeeding Reset Date;
Reset Interest Period means each period from and including the First Call Date to but excluding the next following Reset Date and thereafter from and including each Reset Date to but excluding the next following Reset Date;
Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.“Reset Rate of Interest Determination Date” means, in relation to a Reset Interest Period, the day falling two (2) U.S. Government Securities Business Days prior to the Reset Date on which such Reset Interest Period commences.“Reset Reference Dealer Rate” means on any Reset Rate of Interest Determination Date, the rate calculated by the Interest Calculation Agent as being a yield-to-maturity based on the arithmetic mean of the secondary market bid prices for Reset U.S. Treasury Securities at approximately 4:30 p.m. (New York City time) on the Reset Rate of Interest Determination Date, of leading primary U.S. government securities dealers in New York City (each, a Reference Dealer). The Issuer will select five Reference Dealers to provide such bid prices to the Issuer to be forwarded to the Interest Calculation Agent and will eliminate the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest); provided, however, that, if fewer than five but more than two such bid prices are provided, then neither the highest nor the lowest of those quotations will be eliminated prior to calculating the arithmetic mean of such bid prices.“Reset U.S. Treasury Securities” means, on any Reset Rate of Interest Determination Date, U.S. Treasury Securities with an original maturity equal to five years, a remaining term to maturity of no more than one year shorter than five years and in a principal amount equal to an amount that is representative for a single transaction in such U.S. Treasury Securities in the New York City market. First Call Date: The Interest Payment Date falling on or about August 14, 2028. Reset Date: The First Call Date and every Interest Payment Date which falls on or about five (5), or a multiple of five (5), years after the First Call Date. Cancellation of Interest: The Issuer may elect at its full discretion to cancel (in whole or in part) the Interest Amount otherwise scheduled to be paid on any Interest Payment Date notwithstanding it has Distributable Items or the Maximum Distributable Amount is greater than zero.The Issuer will cancel the payment of an Interest Amount (in whole or in part) if the Relevant Regulator notifies in writing the Issuer that, in accordance with the Relevant Rules, it has determined that the Interest Amount (in whole or in part) should b...