Blended Interest Rate definition

Blended Interest Rate means the rate of interest on this Loan Agreement as shown on the Term Sheet.
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Blended Interest Rate means for each Class of Certificates other than the Class F and the Class R Certificates, a per annum interest rate determined as of each Term Reset Date equal to the weighted average of (i) the Certificate Interest Rate as in effect on the day prior to such Term Reset Date and (ii) the Treasury Rate determined as of such Term Reset Date plus the Applicable Rate Spread, if any, for such Class. Such weighted average shall be weighted by reference to the Outstanding Principal Amount of such Class as of such Term Reset Date as compared to the increase in the Outstanding Principal Amount of such Class taking effect on the related Term Funding Date.
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Blended Interest Rate. “BAM” or “Bond Insurer” means Build America Mutual Assurance Company.
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Examples of Blended Interest Rate in a sentence

  • Coastal Community Water Quality Restoration - A total of $2.5 million has been committed towards Cumberland County Improvement Authority to resolve failing septic systems and prevent shellfish bed closures in Downe Township, limited to Fortescue and Gandy’s Beach offering financing terms consisting of 50% principal forgiveness and a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate for the first $5 million of project costs.

  • Each NANO Loan shall consist of a fifty percent (50%) DEP PFL and a Blended Interest Rate of 50% of I-Bank’s AAA Market Interest Rate.

  • PFLs consist of between 19% (i.e., Superstorm Sandy), to 100% (i.e., small system lead remediation) of eligible project costs with the remaining portion of the loan typically bearing a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate, with the exception of the DW Lead Line Replacement Program (see below).

  • Project costs between $4 million and $10 million are financed at a Blended Interest Rate of 25% of the I-Bank’s AAA All-in Market Rate.

  • For project costs between $4 million and $10 million, financing terms consist of a Blended Interest Rate of 25% of the I-Bank’s AAA All-in Market Rate.

  • For project costs in excess of the Principal Forgiveness financing package, up to $10M of project costs may be financed at the affordability rate (Blended Interest Rate of 25% of the I-Bank’s AAA All-in Market Rate) for applicants that meet affordability criteria.

  • Each Interest Owing Water Bank Borrower will be charged the Water Bank Blended Interest Rate on the Borrower’s outstanding requisitions.

  • For the first $4 million of project costs, Borrowers are offered financing terms consisting of 50% principal forgiveness and the balanced financed at a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate, subject to a $2 million PFL limit per applicant.

  • For the first $4 million of project costs, financing terms consist of 50% principal forgiveness and a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate, subject to a $2 million PFL limit per applicant.

  • Commented [b39]: This section will provide a comprehensive list of the reports required by your contract as well as the how often the report must be submitted, its due date, and the Department person the report should be submitted to.


More Definitions of Blended Interest Rate

Blended Interest Rate means 13.00% per annum.
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Blended Interest Rate means sum of each interest rates corresponding to the various grading, and concentration of marginable securities in the portfolio.
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Related to Blended Interest Rate

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.