Adjusted SIFMA Rate definition

Adjusted SIFMA Rate means the sum of the SIFMA Rate plus the applicable spread shown below for each maturity of the 2015A-2 Bonds. Maturity Date Applicable Spread May 1, 2016 0.15% December 1, 2017 0.50% December 1, 2018 0.65% December 1, 2019 0.70% December 1, 2021 0.90% Notwithstanding the foregoing: (A) the Adjusted SIFMA Rate to be applicable to the 2015A-2 Bonds from the initial date of issuance thereof to and including the first Adjustment Date shall be as set forth in a certificate executed by the Representative and the Commission and delivered to the Trustee; and (B) the Adjusted SIFMA Rate shall in no event exceed the Maximum Rate.
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Adjusted SIFMA Rate means the sum of the SIFMA Rate plus, (i) for the 2014B-2 Bonds maturing on December 1, 2015, %, and (ii) for the 2014B-2 Bonds maturing on December 1, 2016, %. Notwithstanding the foregoing, (A) the Adjusted SIFMA Rate to be applicable to the 2014B-2 Bonds from the initial date of issuance of the 2014B-2 Bonds to and including the first Adjustment Date shall be as set forth in a certificate executed by the Representative and the Commission and delivered to the Trustee, and (B) the Adjusted SIFMA Rate shall in no event exceed the Maximum Rate.
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Adjusted SIFMA Rate means the SIFMA Rate (as defined herein), plus ( basis points); provided that in no event shall the Adjusted SIFMA Rate be less than zero percent (0.0%).
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Examples of Adjusted SIFMA Rate in a sentence

  • Upon determining the Adjusted SIFMA Rate for a given week, the Calculation Agent shall notify the Commission of such rate by electronic mail (e-mail) or by telephone or in such other manner as may be appropriate on the date of such determination, which notice, if provided by telephone, shall be promptly confirmed in writing.

  • The Adjusted SIFMA Rate shall adjust on each Adjustment Date, based upon the SIFMA Rate published for such week, with the effective date for each adjustment of the Adjusted SIFMA Rate to be each Thursday.

  • Principal Amount May 1, 2016 $ 15,635,000 December 1, 2017 25,000,000 December 1, 2018 25,000,000 December 1, 2019 25,000,000 December 1, 2021 25,000,000 The 2015A-2 Bonds shall bear interest from and including the Dated Date thereof at the Adjusted SIFMA Rate.

  • For our company, the last year has naturally been shaped mainly by the merger and this has affected our organisational work in particular.

  • Except for the initial Adjusted SIFMA Rate applicable to the 2015A-2 Bonds upon their issuance, which shall be determined by the Representative on or prior to the date of issuance of the 2015A-2 Bonds, the Adjusted SIFMA Rate for the 2015A-2 Bonds will be determined by the Calculation Agent and the authority to so determine such rate is hereby delegated by the Commission to the Calculation Agent; provided, however, the Adjusted SIFMA Rate shall not exceed the Maximum Rate.

  • The determination of the Adjusted SIFMA Rate (absent manifest error) shall be conclusive and binding upon the Commission and the Owners of the 2015A-2 Bonds.

  • PENNSYLVANIA TURNPIKE CERTIFICATE OF AUTHENTICATION U.S. BANK NATIONAL ASSOCIATION, Authenticating Agent (Cust) (Minor) EXHIBIT B FORM OF 2015A-2 BOND INTEREST RATE: Adjusted SIFMA Rate (as described herein) REGISTERED OWNER: Cede & Co.

  • Where the need for additional support is indicated (in collaboration with the person and DHB staff), sleep-over or awake support may be provided over-night.

  • Councillor Perkin stated that there were ‘no red flags’, and all recommendations made were in line with best practice guidelines across the country.

  • Except for the initial Adjusted SIFMA Rate applicable to the 2013A Bonds upon their issuance, which shall be determined by the Representative on or prior to the date of issuance of the 2013A Bonds, the Adjusted SIFMA Rate for the 2013A Bonds will be determined by the Calculation Agent and the authority to so determine such rate is hereby delegated by the Commission to the Calculation Agent; provided, however, the Adjusted SIFMA Rate shall not exceed the Maximum Rate.


More Definitions of Adjusted SIFMA Rate

Adjusted SIFMA Rate means, with respect to the Series B Bonds, the SIFMA Rate (as defined herein), plus and with respect to the Series C Bonds, the SIFMA Rate (as defined herein), plus ; provided that in no event shall the Adjusted SIFMA Rate in each case be less than zero percent (0.0%).
Sample 1
Adjusted SIFMA Rate means the sum of the SIFMA Rate plus, (i) for the 2014B-1 Bonds maturing on December 1, 2015, %, (ii) for the 2014B-1 Bonds maturing on December 1, 2016, %, (iii) for the 2014B-1 Bonds maturing on December 1, 2017, %,
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Adjusted SIFMA Rate means the rate of interest per annum equal to the sum obtained by adding (a) the SIFMA Index Rate plus (b) the Spread.
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Adjusted SIFMA Rate has the meaning set forth in the Bond.
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Adjusted SIFMA Rate means the sum of the SIFMA Rate plus the per annum spread for each maturity determined by the Authority as described in the Certificate of Determination.
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Adjusted SIFMA Rate means the rate which is the SIFMA Rate, plus 0.53% (53 basis points) but in no event shall the interest rate be less than 0%. The Adjusted SIFMA Rate for Series 2012D Bonds is more particularly described herein.
Sample 1

Related to Adjusted SIFMA Rate

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Adjusted LIBOR means, for any Borrowing of Eurodollar Loans, a rate per annum determined in accordance with the following formula: Adjusted LIBOR = LIBOR

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Adjusted LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.

  • HICP Daily Inflation Reference Index means (A) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Adjusted Mortgage Rate As to each Mortgage Loan, and at any time, the per annum rate equal to the Mortgage Rate less the Master Servicing Fee Rate.

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Weighted Average Net Mortgage Rate With respect to any Distribution Date, the weighted average of the applicable Net Mortgage Rates of the Mortgage Loans as of the first day of the related Due Period, weighted on the basis of their respective Stated Principal Balances as of the first day of such Due Period (after giving effect to any payments received during any applicable grace period).

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of (a) the EURIBO Rate for such Interest Period and (b) the Mandatory Costs Rate.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Adjusted Base Rate means the Base Rate plus the Applicable Percentage.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Unadjusted Reference Interest Rate Replacement means the Reference Interest Rate Replacement excluding the Reference Interest Rate Replacement Adjustment.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the applicable Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Principal Paying Agent on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the Relevant Decimal Place:

  • Adjusted Net Maximum Mortgage Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first day of the month preceding the month in which the related Distribution Date occurs minus the sum of (i) the Trustee Fee Rate and (ii) the Servicing Fee Rate.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Limited Indexation Factor means, in respect of a Limited Indexation Month or Limited Indexation Date, as the case may be, the ratio of the Index Figure applicable to that month or date, as the case may be, divided by the Index Figure applicable to the month or date, as the case may be, twelve months prior thereto, provided that (a) if such ratio is greater than the Maximum Indexation Factor specified in the relevant Final Terms, it shall be deemed to be equal to such Maximum Indexation Factor and (b) if such ratio is less than the Minimum Indexation Factor specified in the relevant Final Terms, it shall be deemed to be equal to such Minimum Indexation Factor;

  • Cap Rate For each Calculation Period, as set forth for such period on Schedule I attached hereto. Floating Rate for initial Calculation Period: To be determined Floating Rate Day Count Fraction: Actual/360 Floating Rate Option: USD-LIBOR-BBA, provided, however, if the Floating Rate Option for a Calculation Period is greater than 10.00% then the Floating Rate Option for such Calculation Period shall be deemed equal to 10.00%.

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.

  • Adjusted Prime Rate A rate per annum equal to the sum of (a) the Prime Rate Margin and (b) the greater of (i) the Prime Rate or (ii) one percent (1%) in excess of the Federal Funds Effective Rate. Any change in the Adjusted Prime Rate shall be effective immediately from and after such change in the Adjusted Prime Rate.