Base Rate 1 definition

Base Rate 1 is (non disclosed) Eksportfinans’ internal base rate applied to loans with fixed margins determined for the Fixed Margin Periods and/or New Fixed Margin Periods as of the start of the Fixed Margin Periods and/or New Fixed Margin Periods, respectively; and “Base Rate 2” is (non disclosed) Eksportfinans’ internal base rate applied to loans with fixed margins determined for the Fixed Margin Periods and/or New Fixed Margin Periods, at the time of receipt of the prepaid Loan A.
Base Rate 1 means the rate for euro [Maturity 1] year swap rate (the middle swap rate against the 6 month EURIBOR, expressed as a percentage rate per annum).

Examples of Base Rate 1 in a sentence

  • Portfolio Yield and Base Rate (1) The annualized Portfolio Yield for the preceding Monthly Period was equal to.............................

  • The "Reference Interest Rate" will be the result obtained by subtracting Base Rate 1 from Base Rate 2 on the relevant Financing Level Calculation Date, as determined at such time and in such manner as the Calculation Agent may in its sole discretion determine.

  • Details of the loan follow: Interest: Philippine Peso Loan - In respect of the period that covers the first seven (7) years from the initial drawdown date, the sum of Base Rate 1 (PDST-R2 benchmark yield for 7- year treasury securities as published on the PDEx page of Bloomberg at approximately 4:30 p.m., Manila time of an interest setting date) and credit spread.

  • Base Rate 1 Year 2 Years 3 Years 4 Years 5 Years 3509 Environmental Health Sanitarian 1 July 1, 2016 to June 30, 2020 0.00% 1925.70 2021.99 2118.27 2214.56 2310.84 2407.13 0 1 2 3 4 5 6 Date % Incr.

  • None of these parties submitted testimony nor briefs regarding UPPCO’s proposal requesting no tariff or rule changes.D. PSCR Base Rate 1.

  • Comprised of (select one): o Bid Loans based on an Absolute Rate o Bid Loans based on Eurocurrency [Base] Rate 1 _______days/mos $____________________ 2 _______days/mos $____________________ 3 _______days/mos $____________________ The U.S. Bid Borrowing requested herein complies with the requirements of the proviso to the first sentence of Section 2.7 of the Agreement.

  • Student Activity Fee Distribution Tier 1 Base Rate 1 ApprovedFY 2019ProposedFY 2020DollarChangePercentChangeHealth & Wellness Fee The Student Services Fee is adopted by the Student Government Association (SGA).

  • Interest is charged if the option to pay by instalments is requested and agreed to, and the annual interest used is the Bank of England Base Rate +1%.

  • Base Rate 1 Year 2 Years 3 Years 4 Years 5 Years 6 Years 7 Years 0000 0000 0000 2011 2009 Architect II Electrical Engineer Landscape Architect Structural Engineer Mechanical Engineer (through 1/18/17); Changed title and moved to the salary band above effective 1/19/17) July 1, 2016 to June 30, 2020 0.00% 2566.94 2695.29 2823.63 2951.98 3080.33 3208.68 3337.02 3465.37 Code Class Date % Incr.

  • For this purpose the hourly rate calculated to the nearest cent (less than half a cent to be disregarded) shall be calculated by multiplying the sum of the appropriate amounts prescribed in subclause 1 (b) - Weekly Base Rate, 1 (c) - Additional Payment and 1 (g) - Industry Allowance of this division, by 52 over 50.4 rounded to the nearest cent, adding to that sub-total the amount prescribed in subclause 1 (d)- Special Allowance of this division and dividing the total by 38, rounded to the nearest cent.

Related to Base Rate 1

  • Base Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(i) [Revolving Credit Base Rate Option].

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Prime Rate Margin is one-half of one percent (0.50%).”

  • Eurocurrency Base Rate means, for such Interest Period:

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(i).

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • 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%.

  • Eurodollar Base Rate has the meaning specified in the definition of Eurodollar Rate.

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Base rate of pay means the rate of pay payable to the Employee for their Ordinary Hours of work, but not including any of the following: a) loadings; b) monetary allowances; c) overtime; and d) penalty rates.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Base Rate Basis means a simple interest rate equal to the sum of (i) the Base Rate and (ii) the Applicable Margin applicable to Base Rate Advances for the applicable Loans. The Base Rate Basis shall be adjusted automatically as of the opening of business on the effective date of each change in the Base Rate to account for such change, and shall also be adjusted to reflect changes of the Applicable Margin applicable to Base Rate Advances.

  • LIBO Base Rate means with respect to each day an Advance is outstanding (or if such day is not a Business Day, the next succeeding Business Day), the rate per annum equal to the rate published by Bloomberg or if such rate is not available, the rate appearing at page 3750 of the Telerate Screen as one-month LIBOR on such date, and if such rate shall not be so quoted, the rate per annum at which the Lender is offered Dollar deposits at or about 11:00 A.M., eastern time, on such date by prime banks in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations in respect of its Advances are then being conducted for delivery on such day for a period of one month and in an amount comparable to the amount of the Advances to be outstanding on such day.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Revolving Credit Base Rate Option A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or