Comparable Maturity definition

Comparable Maturity means, with respect to an Interest Rate Period of one (1), two (2), three (3) or five (5) years, one (1), two (2), three (3) or five (5) years, respectively.
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Comparable Maturity. The term "
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Comparable Maturity means a period of _____ years corresponding to the term of the relevant Interest Period.
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Examples of Comparable Maturity in a sentence

  • If you create your own calculator, you will need the Treasury yield data in the table “Treasury Securities of Comparable Maturity under Regula­ tion C,” available at the same web address.

  • To determine the yield on a Treasury security, lenders must use the table entitled ‘‘Treasury Securities of Comparable Maturity under Regulation C,’’ which will be published on the FFIEC’s Web site (http:// www.ffiec.gov/hmda) and made available in paper form upon request.

  • If you create your own calculator, you will need the Treasury yield data in the table “Trea­ sury Securities of Comparable Maturity under Regulation C,” available at the same web address.

  • Yet if one takes the ambition of § 939A to be more than the mechanical erasure of references to credit ratings—that is, if one takes the diagnosis of overreliance seriously—it is clear that the provision has not been successful.

  • The Rate Spread Calculator generates the spread between the Annual Percentage Rate (APR) and the comparable treasury security, utilizing the "Treasury Securities of Comparable Maturity under Regulation C" table, action taken, lock-in date, APR, term (loan maturity), and lien status.

  • To determine the yield on a Treasury security, lenders must use the table entitled “Treasury Securities of Comparable Maturity under Regulation C,” which will be published on the FFIEC's web site (http://www.ffiec.gov/hmda) and made available in paper form upon request.

  • To determine the yield on a Treasury security, lenders must use the table entitled “Treasury Securities of Comparable Maturity under Regulation C,” which will be published on the FFIEC’s web site (http://www.ffiec.gov/hmda) and made available in paper form upon request.

  • Using the Federal Financial Institutions Examination Council "Treasury Securities of Comparable Maturity under Regulation C" Table, CRC estimates that the average comparable Treasury rate for 2005 was 4.66%, and that higher-cost loans in 2005 therefore carried APRs of 7.66% or higher for first lien loans, and 9.66% or higher for second lien loans.

  • The Notes Do Not Pay Interest and Your Return May Be Lower than the Return on a Conventional Debt Security of Comparable Maturity.

  • To determine the applicable Treasury security yield, the institution must use the table ‘‘Treasury Securi­ ties of Comparable Maturity under Regulation C’’ on the FFIEC web site (www.ffiec.gov/ratespread/ help.aspx).Financial institutions must report whether the loan is subject to the Home Ownership and Equity Protection Act (HOEPA) (15 USC 1639).


More Definitions of Comparable Maturity

Comparable Maturity means, with respect to an Interest Rate Period of one (1), two (2), three (3) or five (5) years, one (1), two (2), three (3) or five (5) years, respectively. "Effective Interest Rate on Comparable Maturity U.S. Treasury Obligations" means as of the November 1 preceding an Interest Reset Date (i) if available, the most recent Weekly Comparable Maturity Treasury Rate published during the twenty-five (25) calendar day period preceding such November 1 or (ii) if such Weekly Comparable Maturity Treasury Rate is not available, the Alternate Comparable Maturity Treasury Rate as of such November 1. "Interest Rate Period" means a period of one (1), two (2), three (3) or five (5) years (but never extending beyond December 1 2006), commencing with an Interest Reset Date and ending on, but not including, the December 1 of such first, second, third or fifth year, as the case may be. "Interest Reset Date" means December 1, 2001 or the expiration date of any subsequent Interest Rate Period.
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Related to Comparable Maturity

  • Applicable Maturity means: (a) in relation to Screen Rate Determination, the period of time designated in the Reference Rate, and (b) in relation to ISDA Determination, the Designated Maturity.

  • Maturity when used with respect to any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise.

  • Applicable Maturity Date means (a) with respect to the Revolving Loans, the Swing Line Loans and Letters of Credit, the Revolving Loan Maturity Date and (b) with respect to the Term Loan, the Term Loan Maturity Date.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Final Maturity has the meaning specified in Section 308.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Maximum Maturity means an obligation that has a remaining maturity of not greater than the period specified in the Standard (or if no such period is specified, thirty years);

  • Term Loan A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Latest Possible Maturity Date The Distribution Date following the third anniversary of the scheduled maturity date of the Mortgage Loan having the latest scheduled maturity date as of the Cut-off Date.

  • Extended Maturity Date shall have the meaning set forth in Section 2.5(c) hereof.

  • Constant Maturity Swap Rate means: (1) the rate for U.S. dollar swaps with the designated maturity specified in the applicable pricing supplement, expressed as a percentage, which appears on the Reuters Screen (or any successor service) ISDAFIX1 Page as of 11:00 A.M., New York City time, on the particular Interest Determination Date; or (2) if the rate referred to in clause (1) does not appear on the Reuters Screen (or any successor service) ISDAFIX1 Page by 2:00 P.M., New York City time, on such Interest Determination Date, a percentage determined on the basis of the mid-market semiannual swap rate quotations provided by the reference banks (as defined below) as of approximately 11:00 A.M., New York City time, on such Interest Determination Date, and, for this purpose, the semi-annual swap rate means the mean of the bid and offered rates for the semi-annual fixed leg, calculated on a 30/360 day count basis, of a fixed-for-floating U.S. dollar interest rate swap transaction with a term equal to the designated maturity

  • Scheduled Maturity Date means June 30, 2032.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Revolving Loan Maturity Date means January 1, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by the Borrower and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Expected Maturity Date means June 15, 2021.

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Pricing Rate the per annum percentage rate for determination of the Price Differential;

  • Bund Rate means, with respect to any relevant date, the rate per annum equal to the equivalent yield to maturity as of such date of the Comparable German Bund Issue, assuming a price for the Comparable German Bund Issue (expressed as a percentage of its principal amount) equal to the Comparable German Bund Price for such relevant date, where:

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.