Applicable Term Benchmark Margin definition

Applicable Term Benchmark Margin means the Term Benchmark Margin determined in accordance with the Pricing Schedule.
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Applicable Term Benchmark Margin means the Term Benchmark Margin determined in accordance with the Pricing Schedule. “Approved Electronic Platform” has the meaning assigned to it in Section 7.06(a).
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Applicable Term Benchmark Margin means that number of basis points per annum set forth on the Pricing Grid under the heading “Applicable Term Benchmark Margin”.
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Examples of Applicable Term Benchmark Margin in a sentence

  • The Applicable Term Benchmark Margin and the Applicable Base Rate Margin, respectively, shall be determined in accordance with the table below (in basis points per annum) and the other provisions of this Schedule 5 on the basis of the publicly announced ratings (“Credit Ratings”) by Moody’s, S&P and Fitch on the Borrower’s senior unsecured Debentures, the applicable rate to change when and as such Credit Ratings change.


More Definitions of Applicable Term Benchmark Margin

Applicable Term Benchmark Margin means, at any time with respect to each outstanding Term Benchmark Advance, a rate per annum determined in accordance with Schedule 5.
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Related to Applicable Term Benchmark Margin

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

  • Adjusted community rate means the rating method used to