Benchmark Interest Rate definition

Benchmark Interest Rate means the notional interest at which the Benchmark Repayment Schedule has been calculated.

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Benchmark Interest Rate means the market interest rate against which the Cap-It Certificate and the underlying Cap Investment are referenced. The Benchmark Interest Rate of the Cap Investments purchased by the Issuer and of the Cap-It Certificates issued by the Issuer will normally be one of either LIBOR or Base Rate;

Benchmark Interest Rate means the interest rate as publicized by the PBOC for the loans of the same term and types on the Interest Calculation Date;

Examples of Benchmark Interest Rate in a sentence

• The Benchmark Interest Rate for the year of income is the indicator lending rate-bank variable housing loans interest rate last published by the Reserve Bank of Australia before the end of the year of income.

• Our standard loan agreement provides that the interest rate is equivalent to the Benchmark Interest Rate for the purposes of Division 7A.

• The Payment Amount will be zero unless the Benchmark Interest Rate of the Cap-It Certificate in the relevant Calculation Period is set higher than its Cap Rate, in which case the Payment Amount shall be a positive amount calculated and payable to the Certificate Holder in accordance with the Payment Formula.

• The rate of interest payable on the loan must be equal to or exceed the Benchmark Interest Rate for the year.

• The interest rate on each Loan in this Agreement shall be equal to a hundred percent (100%) of the corresponding PBOC Benchmark Interest Rate.

More Definitions of Benchmark Interest Rate

Benchmark Interest Rate the benchmark interest rate of RMB loans issued by the People’s Bank

Benchmark Interest Rate means the RMB Benchmark Interest Rate;

Benchmark Interest Rate means the relevant interbank cash interest rate applicable to the Relevant Currency;

Benchmark Interest Rate has the meaning ascribed thereto in Section 2.2(c). “Bid Date” means March 17, 2017.

Benchmark Interest Rate means 'SAFEY', which is the weighted average of the overnight call deposit rate paid by A1- rated local and F1-rated foreign financial institutions where Safex places its daily Margin deposits received by its members. Reuters code SFXROD and Bloomberg code RAONON Index.

Benchmark Interest Rate means the interest rate determined by subsection 109N (2) of the Income Tax Assessment Act 1936.

Benchmark Interest Rate means the interpolation between the publicly- documented interest rates of each maturity included in the following indices: