Alternative Offered Interest Rate definition

Alternative Offered Interest Rate means a publicly available alternative offered interest rate quotation that is intended to allow financial instruments or contracts, such as, but not limited to, debt securities, to use such alternative offered interest rate quotation for determining floating rates of interest (or related interest components) in the Specified Currency.
Alternative Offered Interest Rate means a publicly available alternative offered interest rate quotation that is intended to allow financial instruments or contracts, such as, but not limited to, debt securities, to use such alternative offered interest rate

Related to Alternative Offered Interest Rate

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