Alternative Term Rate definition

Alternative Term Rate means any rate specified as such in the Reference Rate Terms. “Alternative Term Rate Adjustment” means any rate which is either:
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Alternative Term Rate means any rate specified as such in Schedule 13 (Term Rate Terms).
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Alternative Term Rate means any rate specified as such in the Reference Rate Terms.
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Examples of Alternative Term Rate in a sentence

  • These tables are referred to as the government Table 2001 Rate Table or the insurer’s Alternative Term Rate Table.

  • Alternative Term Rate Structure: Commercial Use – Vehicles to be used commercially, as defined on the applicable GAP Waiver Agreement, may be covered with a $55 surcharge for this optional coverage.

  • Premium Variation - Alternative Term Rate Structure is not applicable to PROGRAM THREE.

  • Not later than 11:00 a.m. (Eastern time), four Business Days prior to the requested date of such Borrowing or continuation of Alternative Term Rate Loans, the Administrative Agent shall notify the Borrower (which notice may be by telephone) whether or not the requested Interest Period has been consented to by all the Lenders.


More Definitions of Alternative Term Rate

Alternative Term Rate means, for any Interest Period, with respect to any Eurocurrency Rate Loan denominated in Euros, the rate per annum equal to EURIBOR.
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Alternative Term Rate. If paragraph (e) above applies but no Alternative Term Rate is available for the Interest Period of that Loan, the applicable Revolving Loan Term Rate shall be the aggregate of:
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Related to Alternative Term Rate

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • ABR Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “Floating Interest Period”, timing and frequency of determining Three-Month Term SOFR with respect to each Floating Interest Period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Company decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Company decides that adoption of any portion of such market practice is not administratively feasible or if the Company determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Company determines is reasonably necessary).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any interest period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions. All percentages used in or resulting from any calculation of Three-Month Term SOFR shall be rounded, if necessary, to the nearest one-hundred-thousandth of a percentage point, with 0.000005% rounded up to 0.00001%.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • 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.