€STR Index Cessation Event definition

€STR Index Cessation Event means the occurrence of one or more of the following events:
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€STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:
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€STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the relevant Final Terms):
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Examples of €STR Index Cessation Event in a sentence

  • If the €STR is not published, as specified above, on any particular TARGET Business Day and both an €STR Index Cessation Event and an €STR Index Cessation Effective Date have occurred, the rate of €STR for each TARGET Business Day in the relevant Observation Period on or after such €STR Index Cessation Effective Date will be determined as if references to €STR were references to the ECB Recommended Rate.

  • If no ECB Recommended Rate has been recommended before the end of the first TARGET Business Day following the date on which the €STR Index Cessation Event occurs, then the rate of €STR for each TARGET Business Day in the relevant Observation Period on or after the €STR Index Cessation Effective Date will be determined as if references to €STR were references to the Modified EDFR.

  • If no ECB Recommended Rate has been recommended before the end of the first TARGET 2 Business Day following the date on which the €STR Index Cessation Event occurs, then the rate of €STR for each TARGET 2 Business Day in the relevant Observation Period on or after the €STR Index Cessation Effective Date will be determined as if references to €STR were references to the Modified EDFR.

  • If the €STR is not published, as specified above, on any particular TARGET 2 Business Day and both an €STR Index Cessation Event and an €STR Index Cessation Effective Date have occurred, the rate of €STR for each TARGET 2 Business Day in the relevant Observation Period on or after such €STR Index Cessation Effective Date will be determined as if references to €STR were references to the ECB Recommended Rate.

  • If no ECB Recommended Rate has been recommended before the end of the first TARGET 2 Business Day following the date on which the €STR Index Cessation Event occurs, then the rate of EONIA for each TARGET 2 Business Day in the relevant Observation Period on or after the €STR Index Cessation Effective Date will be determined as if references to EONIA were references to the Modified EDFR (EONIA).

  • If the Modified €STR is not published, as specified above, on any particular TARGET 2 Business Day and no €STR Index Cessation Event (as defined below) has occurred, the Modified €STR for such TARGET 2 Business Day shall be the rate equal to Modified €STR in respect of the last TARGET 2 Business Day for which such rate was published on the Website of the European Central Bank.

  • The consequence has been the establishment of large Commonwealth bureaucracies to oversee the operation of specific purpose payments to the States and to develop the policy that the Commonwealth seeks to impose on the States.

  • If the Modified €STR is not published, as specified above, on any particular TARGET 2 Business Day and both an €STR Index Cessation Event and an €STR Index Cessation Effective Date have occurred, the rate of EONIA for each TARGET 2 Business Day in the relevant Observation Period on or after such €STR Index Cessation Effective Date will be determined as if references to EONIA were references to the ECB Recommended Rate.

  • For the purposes of section 5(2) of the Act, a regulated design for building work relating to the integration of a vertical transportation product in a building to which the building work relates must include the registration number of the product if the product is used, or is proposed to be used, in a workplace.

  • Investors should be aware that if the Reference Rate has been discontinued, or, inter alia, another Benchmark Event, an €STR Index Cessation Event or a SOFR Index Cessation Event has occurred, the Rate of Interest on the Covered Bonds may be determined for the relevant period by reference to a substitute, alternative or successor rate, in accordance with the applicable fallback provision set out in Condition 5(b)(ii) (Rate of Interest) or Condition 5(c) (Replacement Reference Rate).


More Definitions of €STR Index Cessation Event

€STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Calculation Agent (or such other person specified in the Final Terms) and notified by the Calculation Agent (or such other person specified in the Final Terms) to the Issuer:
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€STR Index Cessation Event means the occurrence of one or more of the following events (as determined by the Calculation Agent):
Sample 1
€STR Index Cessation Event means the occurrence of one or more of the follow- ing events:
Sample 1
€STR Index Cessation Event means the occurrence of one or more of the following
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Related to €STR Index Cessation Event

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • ECB Recommended Rate Index Cessation Event means the occurrence of one or more of the following events:

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Cessation Date means the date of Participant’s Termination of Service (regardless of the reason for such termination).

  • TLAC Disqualification Event means OSFI has advised the Bank in writing that the bail-inable notes issued under the applicable pricing supplement will no longer be recognized in full as TLAC under the TLAC Guideline as interpreted by the Superintendent, provided that a TLAC Disqualification Event will not occur where the exclusion of those bail-inable notes from the Bank’s TLAC requirements is due to the remaining maturity of those bail-inable notes being less than any period prescribed by any relevant eligibility criteria applicable as of the issue date of those bail-inable notes.

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;