Floating Rate Pricing based on Grid Sample Clauses

Floating Rate Pricing based on Grid. Pricing applicable to each loan made available under Facility #3 is as follows: - Prime-based loans: Interest is payable in Canadian dollars at Prime plus the Applicable Facility #3 Margin per annum - U.S. Prime-based loans: Interest is payable in U.S. dollars at U.S. Prime plus the Applicable Facility #3 Margin per annum - Guaranteed Notes: Acceptance fee is payable in Canadian dollars at the Applicable Facility #3 Margin per annum - Libor-based loans: Interest is payable in U.S. dollars at Libor plus the Applicable Facility #3 Margin per 360-day period - [delete if not applicable] Non-refundable [insert facility fee if demand facility, or insert standby fee if term facility] calculated at a rate equal to the Applicable Facility #3 Margin is payable monthly in Canadian dollars on the last day of each month, calculated daily on the unused portion of the authorized amount of Facility #3 (with all amounts outstanding in U.S. dollars being converted to the Equivalent Amount in Canadian dollars). - The Applicable Facility #3 Margin shall be equal to the percentage rate per annum (or, in the case of Libor-based loans, per 360-day period) set out in the following table opposite the applicable Net Debt to EBITDA ratio [modify if necessary to describe applicable ratio] for the Borrower at the time of determination: [Net Debt to EBITDA Ratio] Prime-based loans and U.S. Prime-based loans Guaranteed Notes Libor-based loans [Standby/Facility] Fee < 1to1 % % % % > 1 to 1 but < 1.5 to 1 % % % %
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Floating Rate Pricing based on Grid. Pricing applicable to Facility #2 is as follows: - Prime-based loans: Interest is payable in Canadian dollars at Prime plus the Applicable Facility #2 Margin per annum - U.S. Prime-based loans: Interest is payable in U.S. dollars at U.S. Prime plus the Applicable Facility #2 Margin per annum - Guaranteed Notes: Acceptance fee is payable in Canadian dollars at the Applicable Facility #2 Margin per annum - Libor-based loans: Interest is payable in U.S. dollars at Libor plus the Applicable Facility #2 Margin per 360-day period - The Applicable Facility #2 Margin shall be equal to the percentage rate per annum (or, in the case of Libor-based loans, per 360-day period) set out in the following table opposite the applicable Net Debt to EBITDA ratio [modify if necessary to describe applicable ratio] for the Borrower at the time of determination: [Net Debt to EBITDA Ratio] Prime-based loans and U.S. Prime-based loans Guaranteed Notes Libor-based loans < 1to1 % % % > 1 to 1 but < 1.5 to 1 % % %
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Related to Floating Rate Pricing based on Grid

  • Interest on Floating Rate Notes (a) Interest Payment Dates Each Floating Rate Note bears interest from (and including) the Interest Commencement Date and such interest will be payable in arrear on either:

  • Determination of Interest Rates for the LIBOR Floating Rate Classes The Interest Rates for the LIBOR Floating Rate Classes for each Interest Accrual Period shall be determined by Xxxxxx Xxx or the Paying Agent on the Index Determination Date in the month following the month in which the Settlement Date occurs and on each Index Determination Date thereafter so long as the LIBOR Floating Rate Classes are outstanding on the basis of LIBOR and the applicable formulae specified in the Prospectus Supplement or the Lower Tier Schedule, as the case may be. For any period during which LIBOR for any LIBOR Floating Rate Class is to be determined on the basis of the “LIBO Method” (as defined in the Prospectus), until such Class is paid in full, Xxxxxx Mae shall at all times retain at least four Reference Banks (as defined in the Prospectus). The Paying Agent and Xxxxxx Xxx shall have no liability or responsibility to any Person for (i) the selection of any Reference Bank for purposes of determining LIBOR or (ii) any inability to retain at least four Reference Banks which is caused by circumstances beyond their reasonable control. In determining LIBOR, any Interest Rate for the LIBOR Floating Rate Classes or any Reserve Interest Rate (as defined in the Prospectus), Xxxxxx Mae or the Paying Agent may conclusively rely and shall be protected in relying upon the rates or offered quotations (whether written, oral or disseminated by means of an electronic information system) provided by the sources specified in the Prospectus. Neither Xxxxxx Xxx nor the Paying Agent shall have any liability or responsibility to any Person for (i) the Paying Agent’s selection of New York City banks for purposes of determining any Reserve Interest Rate or (ii) its inability, following a good-faith reasonable effort, to obtain the applicable rates or quotations or to determine the arithmetic mean of such quotations, all as provided for in the Prospectus.

  • Interest on Fixed Rate Notes Each Fixed Rate Note bears interest from (and including) the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest. Interest will be payable in arrear on the Interest Payment Date(s) in each year up to (and including) the Maturity Date. If the Notes are in definitive form, except as provided in the applicable Final Terms, the amount of interest payable on each Interest Payment Date in respect of the Fixed Interest Period ending on (but excluding) such date will amount to the Fixed Coupon Amount. Payments of interest on any Interest Payment Date will, if so specified in the applicable Final Terms, amount to the Broken Amount so specified. As used in the Conditions, Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date. Except in the case of Notes in definitive form where an applicable Fixed Coupon Amount or Broken Amount is specified in the applicable Final Terms, interest shall be calculated in respect of any period by applying the Rate of Interest to:

  • Deposit Pay ment of The Fixed Reserve Price 5.1. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price.

  • FIXED RATES If a fixed rate is in this Agreement, it is based on an estimate of the costs for the period covered by the rate. When the actual costs for this period are determined, an adjustment will be made to a rate of a future year(s) to compensate for the difference between the costs used to establish the fixed rate and actual costs.

  • Fixed Rate The Borrower may elect to have all or portions of the principal balance of the line of credit bear interest at the Fixed Rate, subject to the following requirements:

  • Wage Rate Payments / Changes During Contract Term The wages to be paid under any resulting Contract shall not be less than the prevailing rate of wages and supplements as set forth by law. It is required that the Contractor keep informed of all changes in the Prevailing Wage Rates during the Contract term that apply to the classes of individuals supplied by the Contractor on any projects resulting from this Contract, subject to the provisions of the Labor Law. Contractor is solely liable for and must pay such required prevailing wage adjustments during the Contract term as required by law.

  • Interest on Loans (a) Except as otherwise set forth herein, each Class of Loan shall bear interest on the unpaid principal amount thereof from the date made through repayment (whether by acceleration or otherwise) thereof as follows:

  • Debt Service - Interest on Short-Term Debt Tax Anticipation Warrants Tax Anticipation Notes Corporate Personal Prop Repl Tax Anticipation Notes State Aid Anticipation Certificates Other Interest on Short-Term Debt (Describe & Itemize) Total Debt Service - Interest On Short-Term Debt Debt Service - Interest on Long-Term Debt Debt Service - Payments of Principal on Long-Term Debt 15 (Lease/Purchase Principal Retired) Debt Service Other (Describe & Itemize) Total Debt Service 4000 4100 4110 4120 4190 4000 5000 5100 5110 5120 5130 5140 5150 5100 5200 5300 5400 5000 0 0 0 0 0 70,000 70,000 0 70,000 70,000 100,000 100,000 0 0 0 170,000 170,000 A B C D E F G H I J K 1 (100) (200) (300) (400) (500) (600) (700) (800) (900) 177 Description: Enter Whole Numbers Only PROVISION FOR CONTINGENCIES (DS) Funct # 6000 Salaries Employee Benefits Purchased Services Supplies & Materials Capital Outlay Other Objects Non-Capitalized Equipment Termination Benefits Total 178 179 180 Total Direct Disbursements/Expenditures Excess (Deficiency) of Receipts/Revenues Over Disbursements/Expenditures 0 170,000 170,000 (9,000) 181 40 - TRANSPORTATION FUND (TR) 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 SUPPORT SERVICES (TR) Support Services - Pupils Other Support Services - Pupils (Describe & Itemize) Support Services - Business Pupil Transportation Services Other Support Services (Describe & Itemize) Total Support Services COMMUNITY SERVICES (TR) PAYMENTS TO OTHER DIST & GOVT UNITS (TR) Payments to Other Dist & Govt Units (In-State) Payments for Regular Program Payments for Special Education Programs Payments for Adult/Continuing Education Programs Payments for CTE Programs Payments for Community College Programs Other Payments to In-State Govt Units (Describe & Itemize) Total Payments to Other Dist & Govt Units (In-State) Payments to Other Dist & Govt Units (Out-of-State) (Describe & Itemize) Total Payments to Other Dist & Govt Units DEBT SERVICE (TR)

  • ISDA Determination for Floating Rate Notes Where ISDA Determination is specified in the applicable Final Terms as the manner in which the Rate of Interest is to be determined, the Rate of Interest for each Interest Period will be the relevant ISDA Rate plus or minus (as indicated in the applicable Final Terms) the Margin (if any). For the purposes of this sub-paragraph (A), “

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