Base Treasury Rate definition
Base Treasury Rate means the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. Government Securities/Treasury Constant Maturities” for the week ending one (1) week prior to the Payment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the last day of the Prop 13
Base Treasury Rate means as set forth in Section 28(b) herein.
Examples of Base Treasury Rate in a sentence
If Release H.15 is no longer published, Landlord shall select a comparable publication to determine the Base Treasury Rate.
Such Implicit Rate shall be equal to the Base Implicit Rate plus or minus (as appropriate) the number of basis points by which the Treasury Rate on such Commencement Date differs from the Base Treasury Rate.