Base Rate Yield Rate definition

Base Rate Yield Rate means, as of any date of determination, an interest rate per annum equal to the Base Rate for such date plus the Applicable Spread.
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Base Rate Yield Rate means, as of any date of determination, an interest rate per annum equal to the Base Rate for such date plus the Applicable Spread (applicable to Base Rate Advances).
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Examples of Base Rate Yield Rate in a sentence

  • If any Event of Default shall have occurred (that has not been waived), the SOFR Yield Rate and Base Rate Yield Rate shall be increased as set forth in Section 2.08(a), effective as of the date of the occurrence of such Event of Default (that has not been waived), and shall apply after the occurrence of such Event of Default (that has not been waived).

  • The Base Rate Advances Outstanding shall bear interest at the Base Rate Yield Rate.

  • Each Base Rate Advance shall accrue interest at the Base Rate Yield Rate for each day beginning on, and including, the Advance Date with respect to such Base Rate Advance and ending on, but excluding, the Conversion Date for such Base Rate Advance or the date such Base Rate Advance is repaid in full.

  • All computations of interest and all computations with respect to the Yield and Base Rate Yield Rate with respect to Base Rate Advances shall be computed on the basis of a year of 365 or 366 days, as the case may be, for the actual number of days elapsed.

Related to Base Rate Yield Rate

  • 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: