Floating Rate Tranche definition

Floating Rate Tranche means a Tranche on which Floating Rate is applied.
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Floating Rate Tranche means the Series [ ] Environmental Control Bonds, Tranche [ ].]
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Floating Rate Tranche means a Tranche disbursed on a Floating Rate basis.
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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 Issuer will consent to such proposed action only with the consent of (i) the Holders of at least 66 2/3% of the Outstanding Amount of the [Floating Rate Tranche] and (ii) the Holders of at least 66 2/3% of the Outstanding Amount of all of such other Series or Tranches, and each counterparty to any other Swap Agreement, materially and adversely affected thereby.

  • The Environmental Control Bonds of each Tranche of the Series [ ] Environmental Control Bonds shall have the initial principal amounts, bear interest at the rates per annum and shall have Expected Final Payment Dates and Final Maturity Dates as set forth below: [ ] $ % [_____] Interest shall be paid on the Series [Floating Rate Tranche] in accordance with Section 4(e) hereof.

  • The Payment Dates for each Tranche of the Series [ ] Environmental Control Bonds are [_______________] and [_______________] and additional Payment Dates for the [Floating Rate Tranche] are [_______________] and [_______________] of each year or, if any such date is not a Business Day, the next succeeding Business Day, commencing on [_______________] and continuing until the earlier of repayment of such Tranche in full and the applicable Final Maturity Date.

  • During such 30 day period, the Swap Agent shall be required to identify a Qualified Replacement Counterparty, or if a Qualified Replacement Counterparty cannot be found, the Swap Agent shall be required to identify the highest rated Replacement Counterparty available that is approved by the Holders of at least 66 2/3% of the Outstanding Amount of the [Floating Rate Tranche] (an "Approved Replacement Counterparty").


More Definitions of Floating Rate Tranche

Floating Rate Tranche means each portion of the Loan bearing interest at any time at a Floating Rate.
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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.
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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.
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Floating Rate Tranche means any portion of the Loan bearing interest at a rate determined by reference to the Floating Rate in accordance with the provisions of Article II.
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Floating Rate Tranche means a Tranche on which Floating Rate is applied. "FRB" means the Board of Governors of the Federal Reserve System of the United States. "GAAP" means, in respect of each Borrower, generally accepted accounting principles in Luxembourg, or, with respect to any other company, generally accepted accounting principles in the jurisdiction of incorporation of the relevant company. "GBP" means pounds sterling, being the lawful currency of the United Kingdom. "Group" means the Guarantor and the Subsidiaries (including the Borrowers) and "member of the Group" means any of them. "Guarantee" has the meaning given to it in Recital (6). "Guarantee Agreement" has the meaning given to it in Recital (6). "Guarantor" has the meaning given to it in Recital (6). “Horizon 2020 Legal Basis” means the Regulation 1291/2013 of the European Parliament and of the Council of 11 December 2013 establishing Horizon 2020 and Council Decision of 3 December 2013 establishing the specific programme implementing Horizon 2020. "IFRS" means international accounting standards within the meaning of IAS Regulation 1606/2002 to the extent applicable to the relevant financial statements. "Indemnifiable Prepayment Event" means a prepayment event under Article 4.03A other than paragraph 4.03A(2) or 4.03A(5). "Interest Revision/Conversion" means the determination of new financial conditions relative to the interest rate, specifically 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, 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 Date" means the date, which shall be a Payment Date, specified by the Bank pursuant to Article 1.02B in the Disbursement Offer or pursuant to Article 3 and Schedule D. "Interest Revision/Conversion Proposal" means a proposal made by the Bank pursuant to Schedule D. "Interest Revision/Conversion Request" means a written notice from a Borrower, delivered at least 75 (seventy-five) days before 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:
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Floating Rate Tranche means a Tranche on which a Floating Rate is applied. "Frozen Rate Calculation Date" means:
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Floating Rate Tranche has meaning given to it in clause 9.2 (Fixed Rate Option) of the Facility Agreement.
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