CMS-10 Accrual Rate definition

CMS-10 Accrual Rate means, for any Currency Business Day in an Accrual Period, the annual swap rate for USD swap transactions with a maturity of 10 years, expressed as a percentage, which appears on the Reuters Screen ISDAFIX1 page as of 11:00 a.m. New York City time, on the relevant day, provided that if such rate does not appear on the Reuters Screen ISDAFIX1 page on the relevant day, the rate for such day will be determined by the Calculation Agent in its sole and absolute discretion acting in a commercially reasonable manner.
Sample 1Sample 2Sample 3
CMS-10 Accrual Rate means, for any Currency Business Day in an Accrual Period, the annual swap rate for euro swap transactions with a maturity of 10 years, expressed as a percentage, which appears on the Reuters Screen ISDAFIX2 page under 11 a.m. Frankfurt time, on the relevant day, provided that:
Sample 1Sample 2
CMS-10 Accrual Rate means, for any Currency Business Day in an Accrual Period, the annual swap rate for euro swap transactions with a maturity of 10 years, expressed as a percentage, which appears on the Reuters
Sample 1

Related to CMS-10 Accrual Rate

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the weekly average yield to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the most recent weekly average yield to maturity for two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15. If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clause (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.

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