Additional Basis Points definition

Additional Basis Points means a number of basis points as specified pursuant to Section 3.01 for Securities of any series.
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Additional Basis Points means 40 basis points in the case of the Series 2027 Notes and 50 basis points in the case of the Series 2032 Notes.
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Additional Basis Points has the meaning specified in Section 11.03.
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Examples of Additional Basis Points in a sentence

  • The Borrower shall make a payment of interest only on June 20, 2001 on the outstanding principal balance due hereunder at the per annum rate equal to the Fixed LIBOR Rate for the Interest Period as of the date hereof, plus the applicable Additional Basis Points (as calculated pursuant to the Agreement), from the date hereof to, but not including, June 20, 2001, all in accordance with the Agreement.

  • The Lender shall calculate the Additional Basis Points to be added to such Fixed LIBOR Rate, and the resulting rate of interest shall be effective as of and shall relate back to March 20, 2001.


More Definitions of Additional Basis Points

Additional Basis Points means 30 basis points with respect to the Notes.
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Additional Basis Points means 50 basis points with respect to the Series 2020 Notes and 50 basis points with respect to the Series 2025 Notes.
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Related to Additional Basis Points

  • Basis Point means one one-hundredth of one percent (0.01%).

  • Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Weighted Average Interest Rates means, with respect to any Outstanding Notes of a class or tranche of the MBNAseries, or of all of the Outstanding Notes of the MBNAseries, on any date, the weighted average (weighted based on the Outstanding Dollar Principal Amount of the related Notes on such date) of the following rates of interest: