Treasury Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the Treasury Rate, the Treasury Rate shall be determined as of the applicable Interest Determination Date (a "Treasury Rate Interest Determination Date"), as the rate from the auction held on such Treasury Rate Interest Determination Date (the "Auction") of direct obligations of the United States ("Treasury Bills") having the Index Maturity specified above under the caption "INVESTMENT RATE" on the display on Bridge Telerate, Inc. (or any successor service) on page 56 (or any other page as may replace such page on such service) ("Telerate Page 56") or page 57 (or any other page as may replace such page on such service) ("Telerate Page 57") or, if not so published by 3:00 P.M., New York City time, on the related Calculation Date, the Bond Equivalent Yield (as hereinafter defined) of the rate for such Treasury Bills as published in H.15 Daily Update, or such other recognized electronic source used for the purpose of displaying such rate, under the caption "U.S. Government Securities/Treasury Bills/Auction High" or, if not so published by 3:00 P.M., New York City time, on the related Calculation Date, the Bond Equivalent Yield of the auction rate of such Treasury Bills as announced by the United States Department of the Treasury. In the event that the auction rate of Treasury Bills having the Index Maturity specified above is not so announced by the United States Department of the Treasury, or if no such auction is held, then the Treasury Rate will be the Bond Equivalent Yield of the rate on such Treasury Rate Interest Determination Date of Treasury Bills having the Index Maturity specified above as published in H.15(519) under the caption "U.S. Government Securities/Treasury Bills/Secondary Market" or, if not yet published by 3:00 P.M., New York City time, on the related Calculation Date, the rate on such Treasury Rate Interest Determination Date of such Treasury Bills as published in H.15 Daily Update, or such other recognized electronic source used for the purpose of displaying such rate, under the caption "U.S. Government Securities/Treasury Bills/Secondary Market." If such rate is not yet published in H.15(519), H.15 Daily Update or another recognized electronic source, then the Treasury Rate will be calculated by the Calculation Agent and will be the Bond Equivalent Yield of the arithmetic mean of the secondary market bid rates, as of approximately 3:30 P.M., New York City time, ...
Treasury Rate. The definition for “Ten Year U.S. Treasury Rate” for a quarterly period is the arithmetic average of the weekly per annum Ten Year Average Yields published by the Federal Reserve Board during such quarter. In the event that the Federal Reserve Board does not publish a weekly per annum, Ten Year Average Yield during any week in a quarter, then the Ten Year U.S. Treasury Rate for such week shall be the weekly per annum Ten Year Average Yields published by any federal Reserve Bank or by any U.S. Government department or agency selected by Employer for such week. In the event that Employer determines in good faith that for any reason Employer cannot determine the Ten Year U.S. Treasury Rate for any quarter as provided above, then the Ten Year U.S. Treasury Rate for such quarter shall be the arithmetic average of the per annum average yields to maturity based upon the daily closing bids during such quarter for each of the issues of actively traded marketable U.S. Treasury fixed interest rate securities (other than securities which can, at the option of the holder, be surrendered at face value in payment of any federal estate tax) with the final maturity date not less than eight nor more than twelve years from the date of each such quotation, for each business day in New York City (or less frequently if daily quotations shall not be generally available) in each such quarterly period as chosen by at least three recognized dealers in U.S. Government securities selected by Employer. NEW DEFINITIONS
Treasury Rate. The term "Treasury Rate" means, as of the date of any calculation or determination, the latest published rate for United States Treasury Notes or Bills (but the rate on Bills issued on a discounted basis shall be converted to a bond equivalent) as published weekly in the Federal Reserve Statistical Release H.15(519) of Selected Interest Rates in an amount which approximates (as determined by Lender) the amount (i) approximately comparable to the portion of the Loan to which the Treasury Rate applies for the Interest Period, or (ii) in the case of a prepayment, the amount prepaid and with a maturity closest to the original maturity of the installment which is prepaid in whole or in part.
Treasury Rate. 26 Trust................................................................ 27
Treasury Rate. 10 Trustee..................................................................... 10 Trust Indenture Act of 1939................................................. 10
Treasury Rate. If Holder notifies Borrower of a determination under Section 1.6 hereof, the LIBOR Rate shall automatically be converted to the Treasury Rate as of the date specified in such notice (and accrued interest thereon shall be due and payable on such date). "Treasury Rate" shall mean a rate equal to the "Index" of the weekly average yield on United States Treasury Securities adjusted to a constant maturity of one year, as made available by the Federal Reserve Board 45 days prior to each Rate Adjustment Date (the "Yield"), plus or minus, as the case may be, the difference between the Yield and the last available LIBOR Rate (stated as a number out to five decimal places).
Treasury Rate. If an Interest Rate Basis for this Note is Cdn. Treasury Rate, as indicated above, the Cdn. Treasury Rate shall be determined on the applicable Interest Determination Date (a "Cdn. Treasury Rate Interest Determination Date") as the rate (expressed as an annual percentage rate based on a year of 365 or 366 days) determined by the Bank to be the average (rounded to the nearest one-hundred-thousandth of one per cent, with .000005 being rounded up) of the bid quotations for Government of Canada Treasury Bills with a maturity approximately coextensive with the Maturity of this Note, as set forth on the Reuters CDOS Page on the Cdn. Treasury Rate Interest Determination Date or if the Reuters CDOS Page is unavailable for any reason, the Cdn. Treasury Rate shall be the rate (expressed as an annual percentage rate based on a year of 365 or 366 days) determined by the Bank to be the average (rounded to the nearest one-hundred-thousandth of one per cent, with .000005 being rounded up) of rates bid by each of the Schedule I Canadian chartered banks selected by the Bank (after consultation with the Trustee) at approximately 10:00 a.m. (Toronto time) on the Cdn. Treasury Rate Interest Determination Date for Government of Canada Treasury Bills with a maturity approximately coextensive with the Maturity of the Note. If on the Cdn. Treasury Rate Interest Determination Date only one such Schedule I Canadian chartered bank provides a bid quotation, then such bid shall be used for purposes of determining the Cdn. Treasury Rate.
Treasury Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the Treasury Rate, the Treasury Rate shall be determined as of the applicable Interest Determination Date (a "Treasury Rate Interest Determination Date") as:
Treasury Rate. If Borrower shall repay or prepay any portion of a Credit which bears interest at the Treasury Rate on any day other than the last day of its term (whether an optional prepayment, a mandatory prepayment, a payment upon acceleration or otherwise), Borrower shall pay to such Lender the "prepayment indemnity" more particularly described on Schedule 2.13(b).
Treasury Rate. With respect to any prepayment pursuant to §3.3.2 or §3.3.3, the yield to maturity at a time of computation of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15 (519) which has become publicly available at least two business days prior to the date of prepayment (or, if such Statistical Release is no longer published, any publicly available source similar market data)) most nearly equal to the period from the applicable date of prepayment to May 1, 2013, provided, however, that if the period from the date of prepayment to May 1, 2013 is not equal to the constant maturity of a United States Treasury security for which a weekly average yield is given, the Treasury Rate shall be obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the weekly average yields of United States Treasury securities for which such yields are given, except that if the period from the date of prepayment to May 1, 2013 is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used. TRS Funding Obligations. All obligations to fund the TRS Transactions that are in fact funded with proceeds of the Notes.
