Additional Costs Rate definition

Additional Costs Rate has the meaning given to it in Schedule 13 (Mandatory Costs Formulae);

Additional Costs Rate means for any funding period by which the Administrative Agent measures and funds the Loans hereunder, the applicable rate determined by Administrative Agent and the relevant Lenders in accordance with SCHEDULE II.

Additional Costs Rate has the meaning given to it in paragraph 2 of Schedule 2 (Mandatory Cost Formulae);

Examples of Additional Costs Rate in a sentence

• For the purpose of clause 10.1 (Increased Costs) and the Sixth Schedule (Additional Costs Rate), an Unpaid Sum shall be treated as an advance made by the relevant Lender hereunder.

• The Borrower shall pay interest on the Principal Amount of the Loans outstanding from time to time) at a rate per annum equal to the sum of (i) the LIBO Rate, (ii) the Applicable Margin plus (iii) the Additional Costs Rate, if relevant.

• The Additional Costs Rate will be calculated by the Facility Agent as a weighted average of the Banks’ Additional Costs Rates (weighted in proportion to the percentage participation of each Bank in the relevant Advance and will be expressed as a percentage rate per annum).

• The Additional Costs Rate for any Lender lending from a Lending Office in a Participating Member State will be the percentage notified by that Lender to the Administrative Agent.

• The agent is required to calculate the Additional Cost Rate for each lender on the first day of each interest period for each loan as follows:(a) Bank of England Costs: (Ignoring Special Deposits which, to date, the Bank of England has not required) the Bank of England element of the Additional Costs Rate is the actual cost suffered by each relevant lender.

More Definitions of Additional Costs Rate

Additional Costs Rate in relation to the Advance or any Unpaid Sum, means the rate determined in accordance with the Fifth Schedule;

Additional Costs Rate means, in relation to an Advance or unpaid sum owing to a bank, the rate per annum notified by any Bank to the Agent to be the cost to that Bank of compliance with all reserve asset, liquidity or cash margin or other like requirements of the Bank of England, the Financial Services Authority, the European Central Bank or any other applicable monetary, regulatory, supervisory or other authority (other than the National Bank of Poland) in relation to that Advance or unpaid sum and which in the case of the Bank of England and the Financial Services Authority shall be determined in accordance with Schedule G (Additional Costs Rate).

Additional Costs Rate means, for any Interest Period, the applicable rate determined by the Lender in accordance with Schedule II.

Additional Costs Rate has the meaning given to it in Schedule 4 (Mandatory Costs Formulae).

Additional Costs Rate means, in relation to an Advance or unpaid sum:

Additional Costs Rate means in relation to an Advance or unpaid sum the rate per annum notified by any Bank to the Facility Agent to be the cost to that Bank of compliance with all reserve asset, liquidity or cash margin or other like requirements of the Bank of England, the Financial Services Authority, the European Central Bank or in relation to Regulation D in the United States of America and which in the case of the Bank of England and the Financial Services Authority shall be determined in accordance with Schedule 5;

Additional Costs Rate means the rate determined by the Offshore Administrative Agent to be the cost to any Lender subject to regulation by the Bank of England, the Financial Services Authority, or any other applicable monetary authority of compliance with all mandatory reserve asset, liquidity, cash margin, fee or other requirements thereof (and, in the case of the Bank of England and the Financial Services Authority, shall be determined in accordance with Schedule 8, Part A);