Reset Interest Determination Date definition
Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;
Reset Interest Determination Date means, in respect of any Reset Period, the day falling two business days prior to the first day of such Reset Period.
Reset Interest Determination Date means, in respect of any Interest Reset Period, the day falling two Business Days prior to the beginning of such Interest Reset Period.
Examples of Reset Interest Determination Date in a sentence
The applicable interest rate for each Interest Reset Period will be determined by the Calculation Agent as of the applicable Reset Interest Determination Date.
More Definitions of Reset Interest Determination Date
Reset Interest Determination Date means, with respect to a Reset Period, the day falling two Business Days prior to the Reset Date on which such Reset Period commences;
Reset Interest Determination Date means the day falling two Business Days prior to the relevant Reset Date;
Reset Interest Determination Date means, in respect of any Reset Period, the day that is two Business Days prior to the first day of such Reset Period.
Reset Interest Determination Date means, in respect of any Interest Reset Period, the day falling two Business Days prior to the beginning of the applicable Interest Reset Period. So long as no Event of Default with respect to the Notes has occurred and is continuing, the Company shall have the right on one or more occasions, to defer payment of all or part of the current and accrued interest otherwise due on this Security by extending the interest payment period for up to twenty (20) consecutive Interest Payment Periods (each period, commencing on the date that the first such interest payment would otherwise have been made, an “Optional Deferral Period”). The Company may not elect to defer payment of interest if an Event of Default (as set forth in the Supplemental Indenture) with respect to the Notes has occurred and is continuing; provided that the deferral of interest payments may not extend beyond the Maturity Date or end on a day other than the day immediately preceding an Interest Payment Date. As provided in the Indenture, interest will continue to accrue on the Notes, and deferred interest payments will accrue additional interest on a semi-annual basis at a rate equal to the interest rate then-applicable to the Notes, including, to the extent permitted by law, interest on the deferred interest (“Compound Interest”). No interest shall be due and payable during an Optional Deferral Period, except at the end of such Optional Deferral Period or upon a redemption of this Note during such Optional Deferral Period. So long as no Event of Default shall have occurred and be continuing, prior to the termination of any Optional Deferral Period, the Company may further defer the payment of interest by extending such Optional Deferral Period; provided that such Optional Deferral Period together with all such previous and further deferrals of interest payments shall not exceed twenty (20) consecutive Interest Payment Periods at any one time or extend beyond the Maturity Date. Upon the termination of any Optional Deferral Period, which shall be an Interest Payment Date, the Company shall pay all interest accrued and unpaid on this Note, including any Compound Interest, to the Person in whose name this Note is registered on the Regular Record Date for such Interest Payment Date, provided that interest accrued and unpaid on this Security, including any Compound Interest, payable at the Maturity Date or on any Tax Event Redemption Date will be paid to the Person to whom principal is payable. Once t...
Reset Interest Determination Date means, in respect of a Reset Interest Period, the date specified as such in the applicable Final Terms or, in the case of Exempt Notes, the applicable Pricing Supplement;
Reset Interest Determination Date means the second U.S. Government Business Day prior to the relevant Reset Date;
Reset Interest Determination Date means, in respect of a Reset Interest Period, the date specified as such in the applicable Pricing Supplement;