Base Rate 2 definition

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.
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Base Rate 2 means the rate for euro [Maturity 2] year swap rate (the middle swap rate against the 6 month EURIBOR, expressed as a percentage rate per annum).]
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Examples of Base Rate 2 in a sentence

  • Consumption Rate (per cubic meter)Town RateOut of Town Rate Water Meter Service SizeMonthly Base RateMonthly Base Rate 2.

  • 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.

  • At any time any portion of this Note bears interest determined in relation to the Base Rate, -2- Borrower may convert all or a portion thereof so that it bears interest determined in relation to LIBOR for a Fixed Rate Term designated by Borrower.

  • In respect of the remaining term of the loan starting from the repricing date, the sum of Base Rate 2 (PDST-R2 benchmark yield for 8-year treasury securities as published on the PDEx page of Bloomberg at approximately 4:30 p.m., Manila time of the repricing date) plus credit spread.

  • Calculation of the Starting Point for the Medicaid Inpatient Base Rate 2 i For in-network Colorado DRG Hospitals, excluding Rehabilitation 3 Hospitals, Long-Term Care Hospitals, CAHs, Pediatric Hospitals, and 4 those Hospitals with less than twenty-one Medicaid discharges in the 5 previous fiscal year, the starting point shall be the hospital-specific 6 Medicare Federal base rate minus any DSH factors.

  • Negative Interest RateThe Bank performed a high-level assessment on its operational readiness for implementation of a (1) near zero Base Rate, (2) Zero Base Rate or a (3) Negative Base Rate as required by the PRA in its Dear CEO letter issued in October.

  • Based on the firm performance record, the bank was ready to sanction a fund- based working capital limit of 2 crores and interest rate is Base Rate +2% p.a, payable at monthly basis.However, somewhere in her mind, Aradhya was not convinced with idea of cash credit from bank and insisted to look for other alternatives.

  • Base pay for Port Police Sergeants classifications shall be increased by the following educational incentive schedule: Percent of Sergeant's Base Rate 2% 4% 6% Degree Associate of Arts Degree Bachelor's Degree Advanced Degrees (e.g., MA, MBA, JD) Police Sergeants shall continue to be eligible to receive both the educational incentive and longevity pay.

  • The value of investments and the income from them can go down as well as up and Shareholders may not get back the amount originally invested.MGTS SENTINEL DEFENSIVE FUNDThe bar chart below shows the performance of the Sub-Fund for each twelve-month period from 1 January 2012 to 31 December 2021, against the benchmark for the Sub-Fund during that time which was the Bank of England Base Rate +2%*.

  • These are based on net income reinvested.* Please note that the benchmark changed from the Bank of England Base Rate +2% to the UK Consumer Price Index (CPI)+1% on 22 February 2022.

Related to Base Rate 2

  • 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 Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

  • Base Rate means, for any day, the rate per annum equal to the higher of (a) the Federal Funds Rate for such day plus one-half of one percent (0.5%) and (b) the Prime Rate for such day. Any change in the Base Rate due to a change in the Prime Rate or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate or Federal Funds Rate.

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

  • Prime Rate Margin is set forth on Schedule I hereto.

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

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

  • Base Rate Basis means a simple interest rate equal to the sum of (a) the Base Rate and (b) the Applicable Margin applicable to Base Rate Advances. 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.

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

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

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

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • 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%.

  • Base Rate Term Loan means any portion of the Term Loan during any period in which it bears interest based on the Base Rate.

  • 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.

  • Base Rate of Pay means the employee’s hourly rate of pay excluding any premiums, incentives, add-ons or rollups.

  • 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.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

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

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

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

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

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

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

  • 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.