Daily BSBY Floating Rate Option definition

Daily BSBY Floating Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms specified in Section 3.01(a)(iii).
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Daily BSBY Floating Rate Option means the option of the Seller to have Capital accrue Yield at the rate and under the terms specified in Section 2.05(a)(iii).
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Daily BSBY Floating Rate Option means the option of the Borrowers to have Loans bear interest at the rate and under the terms specified in Section 2(ii).
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Examples of Daily BSBY Floating Rate Option in a sentence

  • Any Loan Request that fails to select an Interest Rate Option shall be deemed to be a request for the Daily BSBY Floating Rate Option.

  • Other than the Australian Loan and the Polish Loan, each advance under this Note made in an Agreed Foreign Currency shall bear interest at the Daily BSBY Floating Rate Option in accordance with the terms hereof.

  • The majority of identifiable homeless people in Glasgow are men (see page 23).

  • Here Maldonado acted as corporate counsel during a period of time when his licensed had lapsed.

  • However, UBS shall not be obligated to pay any expenses of IMCO, the Trust or the Funds, including without limitation, interest and taxes, brokerage commissions and other costs in connection with the purchase or sale of securities or other investment instruments for the Funds and custodian fees and expenses.

  • If any Purchaser notifies the Administrative Agent of a determination under Section 2.06(b), the Seller shall, subject to the Seller’s obligation to pay any Breakage Amounts, as to any Investment of the Purchaser to which a BSBY Rate Option or Daily BSBY Floating Rate Option applies, on the date specified in such notice either convert such Investment to the Base Rate Option otherwise available with respect to such Investment or reduce the Capital of such Investment in accordance with Section 2.02(g).


More Definitions of Daily BSBY Floating Rate Option

Daily BSBY Floating Rate Option means the option of the Seller to have Investments bear interest at the rate and under the terms specified in Section 1.24(a)(iii).
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Related to Daily BSBY Floating Rate Option

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • Base Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(i) [Revolving Credit Base Rate Option].

  • LIBOR Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(ii) [Revolving Credit LIBOR Rate Option].

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at or about 11:00 a.m., London time, two (2) London Banking Days prior to such day, for U.S. Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate will be deemed zero for purposes of this Agreement.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Rate Option means the Eurodollar Rate or the Floating Rate.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Revolving Credit Base Rate Option A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • USD-LIBOR-BBA means, in respect of a calendar day, the LIBOR rate for U.S. Dollars deposits with a designated maturity which appears on the Reuters Screen LIBOR01 Page (or the successor or replacement to such page as determined by the Calculation Agent) at 11:00 a.m., London time, on the day that is two London Business Days preceding the relevant reset date.

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

  • LIBOR Index Rate means, for any Interest Period, the rate per annum (rounded upwards, if necessary, to the next higher one hundred-thousandth of a percentage point) for deposits in U.S. Dollars for a period equal to such Interest Period, which appears on the LIBOR01 Page as of 11:00 a.m. (London, England time) on the day two (2) Business Days before the commencement of such Interest Period.

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

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

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Fixed Rate Period has the meaning specified in Section 2.1.

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

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

  • USD LIBOR means the London interbank offered rate for U.S. dollars.