Base Lending Rate means, for any day, the higher of (i) the rate announced by The Chase Manhattan Bank (the “Bank”) from time to time at its principal office in New York, New York as its prime rate for domestic (United States) commercial loans in effect on such day and (ii) the Federal Funds Rate (as hereinafter defined) in effect on such day plus 1/2%. (Such Base Lending Rate is not necessarily intended to be the lowest rate of interest charged by the Bank in connection with extensions of credit.) Each change in the Base Lending Rate shall result in a corresponding change in the interest rate and such change shall be effective on the effective date of such change in the Base Lending Rate.

Base Lending Rate means the UK base rate published by the Royal Bank of Scotland, as varied from time to time.

Base Lending Rate means the weighted average of the cost of fund to any bank;

Examples of Base Lending Rate in a sentence

The Base Lending Rate is internally determined using Broker Call, Prime Rate as determined by commercial banks utilized by RBC CM, Fed Funds, RBC CM’s cost of funds, and other commercially recognized rates of interest.
The rates of interest charged to my RBC Express Credit account will be determined in accordance with the following schedule: Average Debit Balance $0 to $24,999 $25,000 to $49,999 $50,000 to $74,999 $75,000 to $99,999 $100,000 to $249,999 $250,000 and over Percentage Over Base Lending Rate* 2.75% 2.25% 1.75% 1.375% 1.125% 1.00% *Please contact your financial professional for the current Base Lending Rate.
The rate of interest charged to my account is equal to the Base Lending Rate plus a sliding scale of percentages according to the size of your debit balance.

More Definitions of Base Lending Rate

Base Lending Rate means the rate of interest fixed by the Lender from time to time based on the guidelines issued by Bank Negara Malaysia from time to time which is reflective of the total cost to the Lender for maintaining the Banking Facilities together with such allowable profit margin or such substituted rate by whatever name stipulated by the Lender from time to time pursuant to any subsequent guidelines issued by Bank Negara Malaysia or any other authority having jurisdiction over the Lender.

Base Lending Rate means the rate of interest established from time to time by the Bank as its base lending rate and may or may not be the lowest rate of interest charged by the Bank to any of its customers. Changes in the Base Lending Rate shall take effect on the date announced by the Bank unless otherwise specified in the announcement. / / FIXED RATE. At the rate of _____________ percent per annum. / / DISCOUNT. Interest to maturity has been deducted from the proceeds of the Note. Interest at the rate of _____________ percent per annum shall be paid on any amount not paid when due hereunder until that amount and any such interest are so paid. / / OTHER. INTEREST PAYMENTS (Check One) Interest, at the rate set forth above, shall be paid by the Borrower to the Bank as follows, or monthly in arrears if none are so marked: /X/ PERIODICALLY. Monthly, but if filled in then ________________, in arrears, with the first payment due on June 1, 1996 and each subsequent payment due on

Base Lending Rate means, at any time, the higher of, (a) the Prime Rate and (b) the rate that is 1/2 of 1% in excess of the Federal Funds Effective Rate.

Base Lending Rate means the variable per annum rate equal to the Base Rate plus the Applicable Base Lending Rate Margin.

Base Lending Rate means in relation to a currency, the base lending rate for that currency as established and quoted by us from time to time

Base Lending Rate as used herein and in any supplement and amendment hereto shall mean the rate of interest announced from time to time by Bank, at its head office, as its Base Lending Rate, it being understood that such rate is a reference rate and not necessarily the lowest rate of interest charged by the Bank."