Common use of Central Bank Rate Clause in Contracts

Central Bank Rate. (a) The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; or

Appears in 18 contracts

Samples: Facility Agreement (Castor Maritime Inc.), Facility Agreement (Gran Tierra Energy Inc.), Agreement (SSR Mining Inc.)

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Central Bank Rate. (a) The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; oror (b) if that target is not a single figure, the arithmetic mean of: (i) the upper bound of the short-term interest rate target range set by the US Federal Open Market Committee and published by the Federal Reserve Bank of New York; and (ii) the lower bound of that target range.

Appears in 13 contracts

Samples: Loan Agreement (EuroDry Ltd.), Credit Agreement (CNH Industrial N.V.), Agreement (Global Ship Lease, Inc.)

Central Bank Rate. (a) The a)The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; or

Appears in 2 contracts

Samples: Amendment Agreement (Paysafe LTD), Amendment Agreement (Paysafe LTD)

Central Bank Rate. (ac) The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; oror (d) if that target is not a single figure, the arithmetic mean of: (i) the upper bound of the short-term interest rate target range set by the US Federal Open Market Committee and published by the Federal Reserve Bank of New York; and (ii) the lower bound of that target range.

Appears in 2 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Central Bank Rate. (a) The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; oror (b) if that target is not a single figure, the arithmetic mean of: (i) the upper bound of the short-term interest rate target range set by the US Federal Open Market Committee and published by the Federal Reserve Bank of New York; and

Appears in 2 contracts

Samples: Supplemental Agreement (COOL Co LTD.), Criteo S.A.

Central Bank Rate. (a) The a)The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; oror(b)if that target is not a single figure, the arithmetic mean of:(i)(the upper bound of the short-term interest rate target range set by the US Federal Open Market Committee and published by the Federal Reserve Bank of New York; and(ii)the lower bound of that target range.

Appears in 1 contract

Samples: Assignment Agreement (Ardmore Shipping Corp)

Central Bank Rate. (a) The a)The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; oror ​ xxxxxxx.xxx | Page 145 of 153 ​

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

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Central Bank Rate. (a) The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; time or, if that target is not a single figure, the arithmetic mean of:

Appears in 1 contract

Samples: Agreement (Kosmos Energy Ltd.)

Central Bank Rate. (a) The the short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; oror (b) if that target is not a single figure, the arithmetic mean of: (i) the upper bound of the short-term interest rate target range set by the US Federal Open Market Committee and published by the Federal Reserve Bank of New York; and (ii) the lower bound of that target range.

Appears in 1 contract

Samples: Performance Shipping Inc.

Central Bank Rate. (a) The c)The short-term interest rate target set by the US Federal Open Market Committee as published by the Federal Reserve Bank of New York from time to time; or

Appears in 1 contract

Samples: And Restatement Agreement (Ardmore Shipping Corp)

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