Consignment Base Rate definition

Consignment Base Rate. A rate determined by the Agent from time to time in its sole discretion, which rate may be changed by the Agent following seven (7) days prior Notice to Consigners plus the Applicable Consignment Rate Margin."
Sample 1Sample 2
Consignment Base Rate. A rate determined by RIHT from time to time in its sole discretion plus the Eurodollar Applicable Margin from time to time applicable to Gold Loans, which rate may be changed by RIHT following seven (7) days' prior written notice to the Borrower and the other Gold Banks.
Sample 1Sample 2
Consignment Base Rate. Consignment Fixed Rate" and "Maturity Date" and replacing them with the following:
Sample 1Sample 2

Examples of Consignment Base Rate in a sentence

  • All shares repurchased or redeemed by such Company, were repurchased or redeemed in compliance with: (i) all Applicable Laws; and (ii) all requirements set forth in such Company's Charter Documents and relevant Contracts.

  • The Consignment Fee and the Gold Fronting Fee with respect to Consignment Base Rate Amounts shall be payable monthly in arrears on the first Business Day of each calendar month, commencing on the first such date following the Closing Date, with a final payment on the Gold Maturity Date or any earlier date on which the Total Gold Commitment shall terminate.

  • Each Consignment Request for Consignment Base Rate Amounts shall be in a minimum aggregate amount of 100 xxxx ounces or an integral multiple of one hundred (100) in excess thereof, and each Consignment Request for Consignment Fixed Rate Amounts shall be in a minimum aggregate amount of five thousand (5,000) xxxx ounces or an integral multiple of one thousand (1000) in excess thereof.

  • In the event that the Borrower fails to provide any such notice with respect to the continuation of any Consignment Fixed Rate Amounts as such, then such Consignment Fixed Rate Amounts shall be automatically converted to a Consignment Base Rate Amounts on the last day of the first Interest Period relating thereto.

  • Consigned Precious Metal which is accruing a Consignment Fee and Gold Fronting Fee calculated by reference to the Consignment Base Rate.

  • Prior to the occurrence of an Event of Default and absent other instruction by the Borrower, the Gold Agent shall apply Dollar amounts received to reduction of Consigned Precious Metal, for application first to Consignment Base Rate Amounts and then to Consignment Fixed Rate Amounts.

  • The Consignees shall give to the Agent Notice of each Purchase and Consignment requested hereunder (a "Purchase and Consignment Request") no later than 2:00 p.m. two (2) Business Days prior to the proposed Drawdown Date of any Consignment Base Rate Amount or Consignment Fixed Rate Amount.

  • The Borrower shall give to the Administrative Agent and the Gold Fronting Bank written notice in the form of Exhibit I hereto (or telephonic notice confirmed in a writing in the form of Exhibit I hereto) of each Purchase and Consignment requested hereunder (a "Purchase and Consignment Request") no later than 2:00 p.m. (New York, New York time) three (3) Business Days prior to the proposed Gold Drawdown Date of any Consignment Base Rate Amount or Consignment Fixed Rate Amount.

  • Prior to the occurrence of a Default or an Event of Default and absent other instruction by the Consignees, the Agent shall apply Dollar amounts received to reduction of Consigned Precious Metal, for application first to Consignment Base Rate Amounts and then to Consignment Fixed Rate Amounts and, subject to a Gold Settlement, for allocation among the Fronting Institutions in accordance with their respective Commitment Percentages of the Consignment Fixed Rate Amounts reduced.

  • Each Purchase and Consignment Request for Consignment Base Rate Amounts and Consignment Fixed Rate Amounts shall be in a minimum aggregate amount of five thousand (5,000) xxxx ounces or an integral multiple of one hundred (100) in excess thereof.


More Definitions of Consignment Base Rate

Consignment Base Rate. On any date of determination, a rate equal to the average of the difference, over the previous sixty (60) Business Days, between (a) the Eurodollar Rate applicable to Revolving Credit Loans for three month Interest Periods and (b) the London gold forward rate as displayed on Reutxx'x xxxd loan screen, or, if Reutxx'x xxxd loan screen is not available, as set by the Administrative Agent, for three month Interest Periods.
Sample 1
Consignment Base Rate. Consignment Conversion Request", "Consignment Fixed Rate", "Fair Market Value", "Gold Commitment Percentage", "Gold Fronting Banks", "Redeliver(ed) or Redelivery" and "Spot Value";
Sample 1
Consignment Base Rate. On any date of determination, the rate per annum as from time to time specified by the Gold Fronting Bank.
Sample 1

Related to Consignment Base Rate

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • CD Base Rate has the meaning set forth in Section 2.07(b).

  • Canadian Base Rate means at any time, the greater of (a) the Canadian Prime Rate and (b) except during any period of time during which a notice delivered to Centuri under Section 5.8 shall remain in effect, the annual rate of interest equal to the sum of (i) the CDOR Rate for an Interest Period of one month at such time plus (ii) one percent (1%) per annum; each change in the Canadian Base Rate shall take effect simultaneously with the corresponding change or changes in the Canadian Prime Rate or the CDOR Rate, as applicable.

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

  • Fixed Base Rate means, for each Disbursed Amount, the equivalent of the London interbank offered rate for six-month deposits in dollars for value on the Rate Fixing Date for such Disbursed Amount, expressed as a single fixed interest rate based on the fixed interest rates corresponding to the repayment installments of such Disbursed Amount, as reasonably determined by the Bank and expressed as a percentage per annum.

  • LIBO Base Rate means with respect to each day an Advance is outstanding (or if such day is not a Business Day, the next succeeding Business Day), the rate per annum equal to the rate published by Bloomberg or if such rate is not available, the rate appearing at page 3750 of the Telerate Screen as one-month LIBOR on such date, and if such rate shall not be so quoted, the rate per annum at which the Lender is offered Dollar deposits at or about 11:00 A.M., eastern time, on such date by prime banks in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations in respect of its Advances are then being conducted for delivery on such day for a period of one month and in an amount comparable to the amount of the Advances to be outstanding on such day.

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Lease Rate means for each 20[__]-[__] Lease, the rent charge portion of each Monthly Payment, calculated on a constant yield basis at an imputed interest rate.

  • Alternative Base Rate means the rate that has replaced LIBOR in customary market usage for determining floating interest rates in respect of bonds denominated in Dollars or, if the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines that there is no such rate, such other rate as the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines in its or the Issuer’s sole discretion is most comparable to LIBOR. If the Alternative Base Rate is determined, such Alternative Base Rate shall be the Alternative Base Rate for the remaining Interest Periods.

  • Adjusted Base Rate means the Base Rate plus the Applicable Percentage.

  • Alternate Base Rate Loan means a Loan which bears interest at the Alternate Base Rate or the Default Rate.

  • Reference Rate means the rate specified as such hereon.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the applicable Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Principal Paying Agent on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the Relevant Decimal Place:

  • Applicable Base Rate means (i) with respect to a Rate Period of fewer than 49 days, the greater of (a) the SIFMA Municipal Swap Index or (b) the LIBOR Rate, and (ii) with respect to a Rate Period of 49 or more days, the LIBOR Rate.

  • Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.

  • Eurodollar Base Rate has the meaning specified in the definition of Eurodollar Rate.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Cost of Funds Rate means, for any Accrual Period and any Lender, the rate determined as set forth below:

  • Corporate Base Rate means a rate per annum equal to the corporate base rate of interest announced by First Chicago from time to time, changing when and as said corporate base rate changes.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Eurodollar Rate with respect to each day during each Interest Period pertaining to a Eurodollar Loan, a rate per annum determined for such day in accordance with the following formula (rounded upward to the nearest 1/100th of 1%):

  • Adjusted Eurocurrency Rate means, with respect to any Eurocurrency Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the Eurocurrency Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period.

  • Base Rate Basis means a simple interest rate equal to the sum of (i) the Base Rate and (ii) the Applicable Margin applicable to Base Rate Advances for the applicable Loans. The Base Rate Basis shall be adjusted automatically as of the opening of business on the effective date of each change in the Base Rate to account for such change, and shall also be adjusted to reflect changes of the Applicable Margin applicable to Base Rate Advances.