Acceptance Rate definition

Acceptance Rate means, for each Acceptance created by an Issuing Bank, the bid acceptance commission rate (as a percentage per annum) as such Issuing Bank shall have notified to the Administrative Agent prior to 11:00 a.m. (New York City time) on the Business Day which occurs one Business Day prior to the date of the creation of such Acceptance as being in effect on the date of such creation.
Acceptance Rate means the rate for any Acceptance financing, as determined from time to time by the Agent in its sole and absolute discretion.
Acceptance Rate means for any Interest Period the all-in discount rate (including any acceptance commission of Bank) equal to the equivalent of LIBOR, plus 0.20% per annum.

Examples of Acceptance Rate in a sentence

  • Such interest rate is the applicable reference rate for the Relevant Screen Page referenced in determining the Bankers' Acceptance Rate designated as the Floating Rate Index (as such terms are defined in the applicable offering document).

  • If there is any change in the Bankers’ Acceptance Rate or the Applicable Rate for Bankers’ Acceptances during any quarter, the maximum stated amount of all outstanding Bankers’ Acceptances shall be computed and multiplied by the Bankers’ Acceptance Rate or Applicable Rate, as applicable, separately for each period during such quarter that such Bankers’ Acceptance Rate or Applicable Rate, as applicable, was in effect.

  • Thereafter, if not redeemed by the Bank, the Notes will have a floating interest rate payable at the 3-month Bankers’ Acceptance Rate plus 361 basis points, payable quarterly in arrears, on February 1, May 1, August 1 and November 1 of each year, commencing August 1, 2026, until the maturity date.

  • If two or more of the Reference Banks provide the Calculation Agent with such offered quotations, the 3 Month Canadian Dollar Bankers’ Acceptance Rate for such Interest Period shall be the average (to five decimal places and rounded as provided above) of such offered quotations.

  • Fixed Rate] [ ] month [currency] [LIBOR] [EURIBOR] [Canadian Dollar Bankers Acceptance Rate] [CNH HIBOR] [ ] +/- [ ] per cent.


More Definitions of Acceptance Rate

Acceptance Rate means annual interest rate applicable to Bankers Acceptances which shall be the sum of: (a) the rate set forth in Column II of the Bank’s internally prepared Discount Rate for Acceptance Financing (as determined and updated from time to time by the Bank) for the selected Term; plus (b) the Acceptance Margin.
Acceptance Rate the rate for any Acceptance financing equal to the Acceptance Margin plus the discount rate, as determined from time to time by the Accepting Bank in its sole and absolute discretion, as generally available as the discount rate to other customers of the Accepting Bank for bankers' acceptances of an amount comparable to the amount of such Acceptance and having a tenor comparable to the tenor of such Acceptance.
Acceptance Rate the rate per annum equal to the Applicable Margin then in effect for Eurodollar Loans plus the discount rate, as determined from time to time by the Accepting Bank, in its sole and absolute discretion, as generally available as the discount rate to other customers of the Accepting Bank for bankers' acceptances for up to and including
Acceptance Rate means, with respect to the 0% Interest Benefit Program, a fraction, expressed as a percentage, the numerator of which equals the principal balance of student loans the obligors for which have qualified to participate in such program and the denominator of which equals the principal balance of all student loans eligible to qualify for such program.
Acceptance Rate means, at any time with respect to any Acceptance Draft, the discount rate for bankers' acceptances in a comparable amount and of comparable maturity generally available from the Issuing Bank at such time, as determined by the Issuing Bank in its sole discretion.
Acceptance Rate means the annual percentage rate set from time to time by the Bank as a reference rate then in effect for determining its stamping fees on Canadian Dollar Bankers' Acceptances accepted by it.
Acceptance Rate means in respect of any Equipment, the aggregate of the Cost of Funds and the Margin.