Assignee Rate for any Fixed Period for any Receivable Interest funded by a Bank or an Investor that is not funding such Receivable Interest through the issuance of commercial paper or other promissory notes, means an interest rate per annum equal to the Eurodollar Rate for such Fixed Period plus the Applicable Spread; provided, however, that in case of:
Assignee Rate means in respect of any Advance by a Secondary Lender or acquired by a Lender (other than a Conduit Lender) for any Settlement Period an interest rate per annum equal to the sum of the Applicable Margin plus the Eurodollar Rate for such Settlement Period; provided, however, that in case of:
Assignee Rate for any Fixed Period for any Receivable Interest in the Pool Receivables means an interest rate per annum equal to the applicable percentage per annum (set forth in the Fee Agreements) above the Eurodollar Rate (Reserve Adjusted) for such Fixed Period; provided, however, that in the case of:
Examples of Assignee Rate in a sentence
During a Benchmark Unavailability Period or at any time that the relevant tenor for the then-current Benchmark is not available, the then-current Benchmark shall not be utilized in determining the Assignee Rate as provided in such definition.
More Definitions of Assignee Rate
Assignee Rate for any Settlement Period for any Receivable Interest means an interest rate per annum equal to the Eurodollar Rate plus the Applicable Percentage for such Settlement Period; provided, however, that in case of:
Assignee Rate means, for any Interest Period, an interest rate per annum equal to the Adjusted Eurodollar Rate plus 2.75%; provided, however, that, if (x) it shall become unlawful for any Committed Purchaser to obtain funds in the London interbank market in order to purchase, fund or maintain its initial investment in the Class A Certificates or any Increase hereunder, or deposits in dollars (in the applicable amounts) are not being offered by such Committed Purchaser in the London interbank market, (y) any Committed Purchaser is unable to establish the Adjusted Eurodollar Rate for any applicable period due to circumstances affecting the London interbank market generally, or (z) the Managing Agent for a Purchaser Group notifies the Seller and the Program Agent of its determination that the Adjusted Eurodollar Rate will not adequately reflect the cost of funding or maintaining the Class A Invested Amount (until such Managing Agent shall have notified the Seller and the Program Agent that such Managing Agent has determined that the Adjusted Eurodollar Rate will adequately reflect such cost), then, in each case, the Assignee Rate shall be the Alternate Base Rate in effect from time to time plus 1/2 of 1%; provided, further, that following the occurrence and during the continuation of an Early Amortization Period, the "Assignee Rate" shall be the applicable interest rate per annum determined pursuant to the provisions set forth above plus 1/2 of 1% per annum.
Assignee Rate means, for any Fixed Period for any Eligible Asset, an interest rate per annum equal to the Eurodollar Rate for such Fixed Period plus the Applicable Margin in effect from time to time, PROVIDED, HOWEVER, that in the case of
Assignee Rate means in respect of any Advance for any Settlement Period an interest rate per annum equal to the Applicable Margin above the Eurodollar Rate for such Settlement Period; PROVIDED, HOWEVER, that in case of:
Assignee Rate with respect to any Principal for any Transaction, means an interest rate per annum equal to the Adjusted LIBOR Rate with respect to such Principal for such Transaction; provided, however, that in case of:
Assignee Rate for any Tranche Period means a rate per annum equal to the sum of (i) the Adjusted LIBO Rate plus (ii) 1.50%; provided, however, that the “Assignee Rate” shall be equal to the Base Rate in effect from time to time (x) for any Tranche Period not equal to a month, (y) at any time when it is unlawful for the Purchaser or any Liquidity Provider to obtain funds in, or BTMU is not offering deposits in dollars in, the London interbank market and (z) for any Tranche Period as to which the Agent has not received notice, by no later than 12:00 noon (New York City time) on the third Business Day prior to the first day of such Tranche Period, that the related Tranche shall not be funded by Commercial Paper Notes.