Common use of Central Bank Rate Spread Clause in Contracts

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference expressed as a percentage rate per annum (calculated by the Facility Agent (or by any other Finance Party which agrees to do so in place of the Facility Agent)) between: (a) the RFR for that RFR Banking Day; and (b) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.

Appears in 2 contracts

Samples: Term Facility Agreement (Harmony Gold Mining Co LTD), Revolving Usd Facility Agreement (Harmony Gold Mining Co LTD)

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Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum (annum) calculated by the Facility Agent (or by any other Finance Party which agrees to do so in place of the Facility Agent)) betweenof: (a) the RFR for that RFR Banking Day; and (b) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.

Appears in 2 contracts

Samples: Senior Term Facilities Agreement (CorpAcq Group PLC), Senior Term Facilities Agreement (CorpAcq Group PLC)

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum annum) (calculated by the Facility Agent (or by any other Finance Creditor Party which agrees to do so make the calculation in place of the Facility Agent)) between: (ai) the RFR for that RFR Banking Day; Day and (bii) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum annum) (calculated by the Facility Agent (or by any other Finance Party which agrees to do so make the calculation in place of the Facility Agent)) between: (ai) the RFR for that RFR Banking Day; Day and (bii) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum (annum) calculated by the Facility Agent (or by any other Finance Party which agrees to do so determine that rate in place of the Facility Agent)) between: (a) the of:(a)the RFR for that RFR Banking Day; and (b) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.225 ‌ EUROPE/73091764v9 ​

Appears in 1 contract

Samples: Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)

Central Bank Rate Spread. In ​ means, in relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum (annum) calculated by the Facility Agent (or by any other Finance Party which who agrees to do so in place of the Facility Agent)) between: (a) the RFR for that RFR Banking Day; and (b) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.:

Appears in 1 contract

Samples: Revolving Facility Agreement (Manchester United PLC)

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Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum (annum) calculated by the Facility Agent (or by any other Finance Party which agrees to do so in place of the Facility Agent)) between: (a) the RFR SOFR for that RFR Banking Day; and (b) the Central Bank Rate prevailing at the close of business on that RFR Banking Day, which may be, for the avoidance of doubt, a negative or a positive number.

Appears in 1 contract

Samples: Term Facility Agreement (SSR Mining Inc.)

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum (annum) calculated by the Facility Agent (or by any other Finance Party which agrees to do so in place of the Facility Agent)) between: between (a) the RFR for that RFR Banking Day; Day and (b) the Central Bank Rate prevailing at the close of business on that RFR Banking DayDay Credit Adjustment Spread: In respect of Interest Periods of < = 1 Month: 0.11448% per annum. In respect of Interest Periods of > 1 Month and < = 3 Months: 0.26161 per annum.

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

Central Bank Rate Spread. In relation to any RFR Banking Day, the The difference (expressed as a percentage rate per annum (annum) calculated by the Facility Agent (or by any other Finance Party which agrees to do so in place of the Facility Agent)) between: (a) the RFR for that any RFR Banking DayDay (relevant to that RFR); and (b) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.)

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