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 13.00% per annum.
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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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Examples of Blended Interest Rate in a sentence

  • Project costs in excess of$1 million will be funded at a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate for publicly owned drinking water systems and Blended Interest Rate of 75% of the I-Bank’s AAA All-in Market Rate for privately-owned drinking water systems.

  • On the Term Reset Date preceding each Term Funding Date, the Servicer shall calculate, and the Certificateholder Agent shall approve in writing, the Blended Interest Rate (and the components thereof) for each Class of Certificates that will take effect as of such Term Funding Date, and notify the Certificateholder Agent and the Trustee in writing of the rates or other amounts determined with respect to each such calculation.

  • 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.

  • 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 Note will accrue interest at a rate per annum equal to the Cash Interest Rate and/or the Blended Interest Rate, as applicable in accordance with the terms hereof, plus any Additional Interest and Special Interest that may accrue pursuant to Sections 3.04 and 7.03, respectively.

  • Costs in excess of $10 million will be financed at a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate.

  • 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.

  • 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.

  • Within one (1) Business Day of receipt of such notice, Bank will notify Dealer and DTC of the Commercial Paper Notes to be redeemed and of the Blended Interest Rate to Redemption for such Commercial Paper Notes and a post a Redemption Notice on XXXX.

  • The Blended Interest Rate to Redemption will be determined by the Calculation Agent based on the date of redemption occurring after the Original Redemption Date specified in the notice of redemption.


More Definitions of Blended Interest Rate

Blended Interest Rate. “BAM” or “Bond Insurer” means Build America Mutual Assurance Company.
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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%).

  • Capped Interest Rate is defined in the Note, if applicable.

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • 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.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • 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.

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Class A-1 Interest Rate means 0.75000% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Base Interest Rate means a rate of interest based on the LIBOR-Rate. "Base Interest Rate Loan" means amounts outstanding under this note that bear interest at a Base Interest Rate. "Base Rate Maturity Date" means the last day of the Interest Period with respect to principal outstanding under a Base Interest Rate Loan. "Business Day" means a day on which Bank is open for business for the funding of corporate loans, and, with respect to the rate of interest based on the LIBOR Rate, on which dealings in U.S. dollar deposits outside of the United States may be carried on by Bank. "Interest Period" means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, three, six, nine or twelve months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise an on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. "LIBOR Rate" means a per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United Sates would be offered to Bank, outside of the United Sates, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtors' interest rate selection, plus Bank's costs, including the costs, if any, of reserve requirements. "Origination Date" means the first day of the Interest Period. "Reference Rate" means the rate announced by Bank from time to time at its corporate headquarters as its Reference Rate. The Reference Rate is an index rate determined by Bank from time to time as a means of pricing certain extensions of credit and is neither directly tied to any external rate of interest or index nor necessarily the lowest rate of interest or index nor necessarily the lowest rate of interest charged by Bank at any given time.

  • Settlement Interest Rate means, for the first calendar quarter or portion thereof during which interest accrues, the rate determined by the Receiver to be equal to the equivalent coupon issue yield on twenty-six (26)-week United States Treasury Bills in effect as of Bank Closing as published in The Wall Street Journal; provided, that if no such equivalent coupon issue yield is available as of Bank Closing, the equivalent coupon issue yield for such Treasury Bills most recently published in The Wall Street Journal prior to Bank Closing shall be used. Thereafter, the rate shall be adjusted to the rate determined by the Receiver to be equal to the equivalent coupon issue yield on such Treasury Bills in effect as of the first day of each succeeding calendar quarter during which interest accrues as published in The Wall Street Journal.

  • Component Interest Rate Not applicable.

  • Applicable Interest Rate means, (i) with respect to each Revolving Credit Advance and Term Loan Advance, the Eurodollar-based Rate or the Base Rate, and (ii) with respect to each Swing Line Advance, the Base Rate or, if made available to the Borrower by the Swing Line Lender at its option, the Quoted Rate, in each case as selected by the Borrower from time to time subject to the terms and conditions of this Agreement.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its “prime rate.” If a Citibank, N.A. prime rate is not available, the applicable prime rate will be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid.

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen

  • 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.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Stated Interest Rate “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”.

  • Lower-Tier Interest Rate As described in the Preliminary Statement.

  • 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.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.