Common use of Determination of Federal Funds Rate Clause in Contracts

Determination of Federal Funds Rate. If the Base Rate set forth on the face hereof is the Federal Funds Rate, this Security will bear interest for each Interest Reset Period at the interest rate calculated with reference to the Federal Funds Rate and the Spread and/or Spread Multiplier, if any, and subject to the Minimum Interest Rate and the Maximum Interest

Appears in 6 contracts

Samples: Medium Term Note Agreement (Keycorp /New/), Medium Term Note Agreement (Keycorp /New/), Subordinated Medium Term Note Agreement (Keycorp /New/)

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