Contractual Yield definition

Contractual Yield means, with respect to the Called Principal of this Note, 100 basis points over the Term SOFR Reference Rate for an interest period of three months at approximately 5:00 a.m., New York time, two U.S. Government Securities Business Days prior to the Settlement Date, as such rate is published by the Term SOFR Administrator.
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Contractual Yield means, with respect to the Called Principal of this Note, 100 basis points over the Term SOFR Reference Rate for an interest period of three months at approximately 5:00 a.m., New York time, two U.S. Government Securities Business Days prior to the Settlement Date, as such rate is published by the Term SOFR Administrator.​
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Examples of Contractual Yield in a sentence

  • XXXX will produce from the Feedstock Biodiesel (in accordance with the Contractual Yield and meeting the Product Specifications contained in Sections 4 and 5 hereof) and make such Biodiesel available to MBF for pick up at the Biodiesel Delivery Point in the quantities and on the Biodiesel Delivery Dates specified on Schedule 1 hereto.

  • MBF will deliver to XXXX the Feedstock that MBF wishes for XXXX to process into Biodiesel, and XXXX will produce from such Feedstock, an amount of Biodiesel at least equal to the Contractual Yield, but shall not be obligated to exceed the Biodiesel Volume listed on Schedule 1.

Related to Contractual Yield

  • Extra Contractual Obligations shall be defined as those liabilities not covered under any other provision of this Contract and that arise from the handling of any claim on business covered hereunder, such liabilities arising because of, but not limited to, the following: failure by the Company to settle within the Policy limit, or by reason of alleged or actual negligence, fraud or bad faith in rejecting an offer of settlement or in the preparation of the defense or in the trial of any action against its insured or reinsured or in the preparation or prosecution of an appeal consequent upon such action.

  • EU Standard Contractual Clauses means the standard contractual clauses promulgated by the Commission Implementing Decision (EU) 2021/914 of 4 June 2021 (C/2021/3972) on standard contractual clauses for the transfer of personal data to third countries pursuant to the GDPR.

  • Standard Contractual Clauses means the clauses attached hereto as Exhibit 1 pursuant to the European Commission’s decision (C(2010)593) of 5 February 2010 on Standard Contractual Clauses for the transfer of personal data to processors established in third countries which do not ensure an adequate level of data protection.

  • Contractual Obligations means, as to any Person, any provision of any security issued by such Person or of any agreement, undertaking, contract, indenture, mortgage, deed of trust or other instrument, document or agreement to which such Person is a party or by which it or any of its Property is bound.

  • Contractual Obligation means, as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound.

  • Actual Uptime means, of the Total Operation Hours, the aggregate number of hours in any month during which each equipment is actually available for use.

  • Contractual Requirement shall have the meaning provided in Section 8.3.

  • Contractual Services are defined as those specified services established within the OAG approved budget for which the Provider is to be paid upon completion at the set rate also established within the OAG approved budget, as authorized expenditures eligible for payment, or reimbursement pursuant to ARTICLE 9, AUTHORIZED EXPENDITURES, of this Agreement.

  • Actual/360 means that interest is calculated on the basis of the actual number of days elapsed in a year of 360 days.

  • Contractual Delivery Date means the stipulated date on which the contractor shall attain

  • Pre-Contractual Statement means any undertaking, promise, assurance, statement, representation, warranty or understanding (whether in writing or not) of any person (whether party to this agreement or not) relating to the Engagement other than as expressly set out in this agreement or any documents referred to in it;

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Currency Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Actual/365 (Fixed) means that interest or any other relevant accrual factor shall be calculated on the basis of the actual number of days elapsed in a year of 365 days, regardless of whether accrual or payment occurs during a calendar leap year.

  • Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.