Floating Rate Spread Determination Date definition
Examples of Floating Rate Spread Determination Date in a sentence
On the Floating Rate Spread Determination Date or the Fixed Rate Determination Date with respect to the first Remarketing Date, the Remarketing Dealer shall determine the Dollar Price.
On the Floating Rate Spread Determination Date and the Fixed Rate Determination Date with respect to the first Remarketing Date, the Remarketing Dealer will determine the Dollar Price.
In accordance with procedures established in the Remarketing Agreement and subject to Section 212 of the First Supplemental Indenture, if the Company exercises the Floating Rate Option no later than the seventh Business Day prior to the Floating Rate Spread Determination Date by providing notice to the Trustee and Remarketing Agent, then the Securities shall bear interest at the Floating Period Interest Rate for each Floating Rate Reset Period in the Floating Rate Period.
In accordance with procedures established in the Remarketing Agreement and subject to Section 3.4 of the Indenture, if the Company exercises the Floating Rate Option no later than the fifth Business Day prior to the Floating Rate Spread Determination Date by providing notice to the Trustee and Remarketing Agent, then the Securities shall bear interest at the Floating Period Interest Rate for each Floating Rate Reset Period in the Floating Rate Period.