A Loan Interest Rate definition

A Loan Interest Rate means for any Interest Period, the rate at which interest is payable on the A Loan during that Interest Period, determined in accordance with Section 3.3.1 (Calculation of Interest) or, if applicable, Section 3.3.6 (Market Disruption).
A Loan Interest Rate for any Interest Period, the rate at which interest is payable on the A Loan during that Interest Period, determined in accordance with Section 3.03;
A Loan Interest Rate means the A Loan Fixed Interest Rate or the A Loan Variable Interest Rate, as relevant.

Examples of A Loan Interest Rate in a sentence

  • The Tranche A Loan Interest Rate and the Tranche B Loan Interest Rate will float and change on the day the Prime Rate changes from time to time.

  • The 2019 Term A Loan Interest Rate will float and change on the day the Prime Rate changes from time to time.

  • The principal balance of the 2019 Term A Loan Advance shall bear interest thereon from such Advance Date at the 2019 Term A Loan Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed.

  • When children arrive at the Centre, please remove outer clothing, and take them to the appropriate room to SIGN IN.

  • A Loan Interest Rate is set on the first business day of each month.

  • Except during the continuance of an Event of Default, all proceeds of any repayment, including any prepayments of the Tranche A Loan, shall be applied by Lender as follows in the following order of priority: First, accrued and unpaid interest at the Tranche A Loan Interest Rate; Second, to the Tranche A Principal; and Third, to the Exit Fee and any other amounts then due and owing under the Loan Documents with respect to the Tranche A Loan.

  • From and after the date hereof, interest on the unpaid Tranche A Principal shall accrue at the Tranche A Loan Interest Rate and be payable as hereinafter provided, and interest on the unpaid Tranche B Principal shall accrue at the Tranche B Loan Interest Rate and be payable as hereinafter provided.

  • The A Loan Interest Rate will be reset semiannually on each Interest Rate Determination Date during each year, will apply to the total outstanding disbursed amount of the A Loan at such dates and will accrue for the then relevant Interest Period between the immediately succeeding Interest Payment Date and the next succeeding Interest Payment Date.


More Definitions of A Loan Interest Rate

A Loan Interest Rate means the A Loan Fixed Interest Rate or the A Loan Variable Interest Rate, as relevant, determined in accordance with Sections 3.21 (A Loan Fixed Rate Option) and Section 3.22 (A Loan Variable Rate Option) and, if applicable, and Section 3.24 (Change in Interest Period) of this Agreement; provided that as of the Acceptance Date and until the A Loan Fixed Rate Election is made, and therefore, if the Borrowers subsequently make the A Loan Variable Rate Election, this shall mean the A Loan Variable Interest Rate. A Loan Repayment Date has the meaning assigned to that term in Section 3.3.1 (Repayment).
A Loan Interest Rate means for any Interest Period, the rate at which interest is payable on each A Loan during that Interest Period, determined in accordance with Clause 3.2 and, if applicable, Clause 3.3 below;
A Loan Interest Rate for any Interest Period, the rate at which interest is payable on the A Loan during that Interest Period, determined in accordance with Section 3.03 (Interest) and, if applicable, Section 3.04 (Change in Interest Period); “Accounting PrinciplesInternational Financial Reporting Standards (“IFRS”) promulgated by the International Accounting Standards Board (“IASB”) (which includes standards and interpretations approved by the IASB and International Accounting Standards (“IAS”) issued under previous constitutions), together with its pronouncements thereon from time to time, and applied on a consistent basis;
A Loan Interest Rate means a rate equal to the weighted average of the Tranche Interest Rates, the weighting being based on the principal amount of each Tranche and the average being rounded up to the nearest two decimal places.

Related to A Loan Interest Rate

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Mortgage Interest Rate For any Mortgage Loan, the per annum rate at which interest accrues on such Mortgage Loan pursuant to the terms of the related Mortgage Note.

  • Maximum Mortgage Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the related Mortgage Loan Schedule and in the related Mortgage Note and is the maximum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be increased on any Adjustment Date.

  • Note Interest Rate means a per annum rate equal to 0.06% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.

  • Class D Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Minimum Mortgage Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the related Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased on any Adjustment Date.

  • Base Interest Rate means a rate of interest based on the LIBOR-Rate. "Base Interest Rate Loan" means amounts outstanding under this note that bear interest at a Base Interest Rate. "Base Rate Maturity Date" means the last day of the Interest Period with respect to principal outstanding under a Base Interest Rate Loan. "Business Day" means a day on which Bank is open for business for the funding of corporate loans, and, with respect to the rate of interest based on the LIBOR Rate, on which dealings in U.S. dollar deposits outside of the United States may be carried on by Bank. "Interest Period" means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, three, six, nine or twelve months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise an on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. "LIBOR Rate" means a per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United Sates would be offered to Bank, outside of the United Sates, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtors' interest rate selection, plus Bank's costs, including the costs, if any, of reserve requirements. "Origination Date" means the first day of the Interest Period. "Reference Rate" means the rate announced by Bank from time to time at its corporate headquarters as its Reference Rate. The Reference Rate is an index rate determined by Bank from time to time as a means of pricing certain extensions of credit and is neither directly tied to any external rate of interest or index nor necessarily the lowest rate of interest or index nor necessarily the lowest rate of interest charged by Bank at any given time.

  • Class E Interest Rate means 4.99% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Mortgage Interest Rate Cap With respect to an Adjustable Rate Mortgage Loan, the limit on each Mortgage Interest Rate adjustment as set forth in the related Mortgage Note.

  • Interest Rate Cap means a Cap.

  • Capped Interest Rate is defined in the Note, if applicable.

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • LIBOR Interest Rate means, for each LIBOR Loan for the relevant Interest Period, the rate per annum (rounded upward, if necessary, to the nearest one-sixteenth of 1%) determined by the Agent to be equal to the quotient of (a) the London Interbank Offered Rate for such LIBOR Loan for such Interest Period divided by (b) one minus the Eurocurrency Reserve Requirement for such Interest Period.

  • Class A-1 Interest Rate means 0.75000% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • Net Mortgage Interest Rate As to any Mortgage Loan and Distribution Date, such Mortgage Loan's Mortgage Interest Rate thereon on the first day of the month preceding the month of the related Distribution Date reduced by (i) the Servicing Fee Rate and (ii) the Trustee Fee Rate.

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.