Day Count Basis definition
Examples of Day Count Basis in a sentence
Business Day Convention: Business Day: Following For Payment Dates: [London,] New York, Delaware, Illinois and Michigan For Reset Dates: London Floating Rate Option: USD-LIBOR-BBA Designated Maturity: 1 Month Spread: Floating Rate Day Count: Basis: Reset Dates: Actual/360 Compounding: The first day of each Calculation Period.
Day Count Basis: 360-day year of twelve 30-day months Issue Price: $25.00 Price to Issuer: $24.2125 Use of Proceeds: The Company expects that the net proceeds from this offering will be approximately $86.52 million (or approximately $99.59 million if the underwriters exercise their over-allotment option in full) after deducting the underwriting discount and commissions and our estimated expenses.
Business Day Convention: Following Business Day: [London,] New York, Delaware, Illinois and Michigan Fixed Rate: ___ % Fixed Rate Day Count Basis: 30/360 Floating Amounts: Floating Rate Payer: Party A Calculation Period End Dates: Monthly on the ___ of each month, commencing , 200[ ], through and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention.
Step Up/ Step Down Coupon Rate N.A. Coupon Reset Process (including rates, spread, effective date, interest rate cap and floor etc.,) N.A. Day Count Basis Actual/Actual Interest shall be computed on an “actual/actual basis”.
Interest on the Series 2006-1A-7_ Senior Notes during the initial Reset Period and during any subsequent Reset Period when the Series 2006-1A-7_ Senior Notes bear a fixed rate of interest and are denominated in a currency other than U.S. Dollars will be calculated in accordance with the Actual/Actual (ISMA) Accrual Method, or another Day Count Basis as may be established on the related Remarketing Terms Determination Date.
Day Count Basis: 360-day year of twelve 30-day months Issue Price: $25.00 Price to Issuer: $24.2125 Use of Proceeds: The Company expects that the net proceeds from this offering will be approximately $81.67 million (or approximately $94.02 million if the underwriters exercise their over-allotment option in full) after deducting the underwriting discount and commissions and our estimated expenses.
As per the relevant Supplemental DD Day Count Basis Actual/ Actual Interest on Application Money As per the relevant Supplemental DD Default Interest Rate In case of default in payment of interest and/or principal redemption on the due dates, additional interest @ 2% (Two percent) p.a. over the applicable coupon rate will be payable by the Company from the date of the occurrence of the default until the default is cured or the debentures are redeemed pursuant to such default, as applicable.
Day Count Basis: 360-day year of twelve 30-day months Issue Price: $25.00 Price to Issuer: $24.2125 Use of Proceeds: The Company expects that the net proceeds from this offering will be approximately $57.460 million after deducting the underwriting discount and commissions and our estimated expenses.
The second London Business Day preceding the first day of such interest period Day Count Basis Actual/360 Price to Public: 100% Optional Redemption: None Trade Date: January 7, 2015 Expected Settlement Date: January 12, 2015 (T+3) CUSIP: 89352H AP4 ISIN: US89352HAP47 Joint Bookrunners: Deutsche Bank Securities Inc.
Business Day Convention: Following Business Day: Principal place of business of Party A, [New York, Delaware and Texas] Fixed Rate: ____% Fixed Rate Day Count Basis: 30/360 Floating Rate Payer: Party A Calculation Period End Dates: Monthly on the [__] of each month, commencing ______, 20__, through and including the Termination Date, subject to adjustment in accordance with the Following Business Day Convention.