DBS Prime definition

DBS Prime means DBS Bank’s prime lending rate prevailing from time to time. DBS Prime may be varied at any time by DBS Bank without notice;
DBS Prime means the prime lending rate of DBS Bank prevailing from time to time, which is subject to variation without prior notice to the Applicant or any other person;
DBS Prime means DBS Bank’s prime lending rate prevailing from time to time, which is subject to variation without prior notice;

Examples of DBS Prime in a sentence

  • The interest shall be calculated on a daily basis at a rate per annum of 2% above DBS Prime Rate.

  • If any amount under the Facility is unpaid on due date or exceeds the permitted facility limit, such overdue or excess sum will be subject to the DBS’ then prevailing overdue or over limit interest rate in the form of interest on debit balance in your Multi-Currency Settlement Account under your Wealth Management Accounts, and that prevailing overdue interest rate or over limit interest rate will be the aggregate of (1) DBS Prime Rate and (2) 5% per annum.

  • At the end of the reporting period, the details of the bank borrowings of the Group are as follows: 20222021 Secured bank borrowings repayable on demandHK$’000 25,923HK$’000 – Bank borrowings as at 30 September 2022 carried interest at variable market rates benchmarking to the interest rates of 2.25% below HSBC Prime Rate or 2.5% below DBS Prime Rate.

  • DBS Prime may be varied at any time by DBS Bank without notice; "GST" means any goods and services tax payable under the Goods and Services Tax Act, Chapter 117A of Singapore or any other taxes, levies or charges whatsoever of a similar nature which may be substituted for or levied in addition to any such tax, by whatever name called.


More Definitions of DBS Prime

DBS Prime means DBS Bank’s prime lending rate prevailing from time to time. DBS Prime may be varied at any time by DBS Bank without notice; "GST" means any goods and services tax payable under the Goods and Services Tax Act, Chapter 117A of Singapore or any other taxes, levies or charges whatsoever of a similar nature which may be substituted for or levied in addition to any such tax, by whatever name called. "Guarantor" shall include any guarantor, surety or indemnitor for the Loan, and shall include his personal representative or administrator; "Institution" refers to the institution of study with which the Borrower is enrolled in a course of study; "Loan Currency" shall mean Singapore Dollars unless otherwise expressly specified by DBS Bank. "Overdue Interest Rate" means the rate of 10% per annum or such other rate(s) as DBS Bank may determine from time to time, compounded monthly on the last day of each calendar month. "Singapore Dollar (s)" and the sign "S$" mean the lawful currency of Singapore.

Related to DBS Prime

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • U.S. Prime Rate means, at any time, the fluctuating annual rate of interest established by the Administrative Agent from time to time as being the reference rate of interest it will use at such time in the U.S.A. for determining rates of interest on USDollar commercial loans to its customers in the U.S.A. and designated at its US prime rate plus (b) the Applicable Margin; adjusted automatically with each change in the established, quoted or published rate, all without necessity of notice to the Borrower or any other Person.

  • Pricing Grid the pricing grid attached hereto as Annex A.

  • Credit Risk Manager Fee Rate 0.0125% per annum.

  • Applicable LIBOR Margin means, at any date:

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Prime As of any date of determination, the annual interest rate, adjusted daily, published from time to time in The Wall Street Journal (Western Edition) as the “PRIME RATE” in the “MONEY RATES” section.

  • Central Bank Rate Spread means, with respect to any RFR Banking Day, the difference (expressed as a percentage rate per annum) (calculated by the Administrative Agent) between: (i) XXXXX for that RFR Banking Day; and (ii) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.

  • Applicable Eurocurrency Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Prime Rate Spread means the difference (expressed as the number of basis points) between (a) LIBOR plus the Spread on the date LIBOR was last applicable to the Loan and (b) the Prime Rate on the date that LIBOR was last applicable to the Loan; provided, however, in no event shall such difference be a negative number.

  • Credit Score means a composite numerical score scaled from 0-100 as calculated by PJMSettlement that incorporates various predictors of creditworthiness.

  • Applicable ABR Margin means, at any date:

  • Trading Cushion means the mandatory fifteen (15) Trading Days between Put Dates.

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: I 50.0 II 62.5 III 75.0 IV 87.5 V 100.0

  • Applicable Revolver LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Reference Bond means for any Reset Period a government security or securities issued by the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany) selected by the Issuer on the advice of an investment bank of international repute as having an actual or interpolated maturity comparable with the relevant Reset Period that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the same currency as the Notes and of a comparable maturity to the relevant Reset Period.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Prime Rate Margin is one-quarter of one percent (0.25%).

  • Reference Bond Dealer means each of five banks which are primary government securities dealers or market makers in pricing corporate bond issuances, as selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Canadian Prime Rate means, on any day, the annual rate of interest equal to the greater of (a) the annual rate of interest announced by the Canadian Reference Lender and in effect as its prime rate at its principal office in Toronto, Ontario on such day for determining interest rates on Canadian Dollar-denominated commercial loans in Canada, and (b) the annual rate of interest equal to the sum of the one-month CDOR in effect on such day plus 1.0% per annum.

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • London Inter-Bank Offered Rate means the interest rate at which the Bank's London Branch, London, Great Britain, would offer U.S. dollar deposits for the applicable interest period to other major banks in the London inter-bank market at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period. A "London Banking Day" is a day on which the Bank's London Branch is open for business and dealing in offshore dollars.

  • Applicable Pricing Grid means the table set forth on Schedule 1.1C.