Determination of CMT Rate. If the Interest Rate Basis is CMT Rate, the interest rate payable with respect to this Note shall equal the CMT Rate determined as specified herein, plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any. The CMT Rate shall be determined as of the second Business Day prior to the Interest Reset Date specified on the face hereof (a “CMT Rate Interest Determination Date”) and shall equal:
Appears in 4 contracts
