Initial Interest Reset Date definition

Examples of Initial Interest Reset Date in a sentence

• Unless otherwise specified herein or in the Pricing Supplement, if any Interest Reset Date specified in the Pricing Supplement (including the Initial Interest Reset Date, as specified in the Pricing Supplement) falls on a day that is not a Business Day, the Interest Reset Date will be postponed to the next day that is a Business Day, except that, if the next Business Day is in the next succeeding calendar month, the Interest Reset Date will be the immediately preceding Business Day.

• The Calculation Agent’s determination of any interest rate and its calculation of the amount of interest for any Interest Reset Period beginning on or after the Initial Interest Reset Date will be conclusive and binding absent manifest error, will be made in the Calculation Agent’s sole discretion and, notwithstanding anything to the contrary in the Indenture, will become effective without consent from any other person or entity.

• Each Floating Interest Rate Notice must also state the Interest Rate Basis or Bases, the Initial Interest Reset Date, the Interest Reset Period and Dates, the Interest Payment Period and Dates, the Index Maturity and the Floating Rate Maximum Interest Rate and/or Floating Rate Minimum Interest Rate, if any.

• Commencing with the Initial Interest Reset Date specified above following the Interest Accrual Date specified above, the rate at which interest on this Security is payable shall be adjusted as specified above under "Interest Reset Period".

• The initial base rate and the initial interest reset date are identified as the "Initial Base Rate" and "Initial Interest Reset Date," respectively, on Exhibit B attached hereto.