Exchange Spread definition

Exchange Spread means 0 basis points during the three-month period commencing on the Initial Maturity Date and shall increase by 50 basis points at the beginning of each subsequent three-month period.
Exchange Spread means 0 basis points during the 3 month period commencing on the Extension Date and shall increase by 50 basis points at the beginning of each subsequent 3 month period, subject to the Total Cap in effect at the beginning of each such period. Interest on the Exchange Notes will be payable quarterly in arrears (in the case of Floating Rate Notes, as defined below) or semi-annually in arrears (in the case of Fixed Rate Notes, as defined below) and, in each case, on the final maturity date and, with respect to any principal amount redeemed, the relevant redemption date.
Exchange Spread means 0 basis points during the three-month period commencing on the Maturity Date

Examples of Exchange Spread in a sentence

  • In addition, you will also have to pay Foreign Exchange Spread of 1% of the converted Ringgit Malaysia amount for the conversion of the transactions made in foreign currency.

  • The text of the proposed rule change is provided below (additions are italicized; deletions are [bracketed]).* * * * *C2 Options Exchange, Incorporated Rules* * * * *Rule 1.1. Definitions* * * * *Exchange Spread MarketThe term ‘‘Exchange spread market’’ means the derived net market based on the BBOs in the individual series legs comprisingUnder Seal; Filing Acceptance Date: United States Postal Service® hereby March 20, 2017; Filing Authority: 39 CFR 3015.5; Public Representative: Curtis E.

  • Interest: The Exchange Notes (other than Fixed Rate Notes, which shall bear interest as described under "Fixed Rate Notes" below) will bear interest at a rate equal to the Initial Rate (as defined below) plus the Exchange Spread (as defined below).

  • Bump Rate CDDeposit required to open account $1,500 minimumSee section 4.1.7.8 of the Booklet for information regarding Early Withdrawal Penalties.WorldCurrency® AccountsStandard Currency Exchange Spread Less than 1% of the Wholesale Rate** If you ask us and we agree to conduct a Currency Exchange for you (such as when you add or withdraw funds from your account), we will convert the funds by calculating a Customer Exchange Rate.

  • HealthSouth Corporation, a Delaware corporation (such corporation, and its successors and assigns under the Indenture hereinafter referred to, being herein called the "Company"), promises to pay interest on the principal amount of this Increasing Rate Note at a rate per annum equal to [ ]%(2) plus the Exchange Spread.


More Definitions of Exchange Spread

Exchange Spread means 50 basis points during the 3 month period commencing on the Maturity Date and shall increase by 50 basis points at the beginning of each subsequent 3 month period.
Exchange Spread means 50 basis points during the six-month period commencing on the Bridge Maturity Date and shall increase by 50 basis points at the beginning of each subsequent three-month period. Tax Gross Up: Same as Bridge Loans. Rank: Exchange Notes will rank pari passu with Bridge Loans but will be subordinated in right of payment to all existing and future senior indebtedness of the Borrower.
Exchange Spread means 50 basis points.
Exchange Spread means 0 basis points during the 3 month period commencing on the Maturity Date and shall increase by 50 basis points at the beginning of each subsequent 3 month period. Any holder of Exchange Notes may, at its option, elect to have all or part of its Exchange Notes accrue at a fixed interest rate equal to the interest rate in effect at the time of the election (subject to minimum thresholds to be mutually agreed). Calculation of interest shall be on the basis of the actual number of days elapsed in a year of twelve 30-day months.
Exchange Spread means zero basis points during the three-month period commencing on the Conversion Date and shall increase by 50 basis points at the beginning of each subsequent three-month period. [The interest rate borne by the Increasing Rate Notes shall not exceed 11.00%5 per annum.]1 [The interest rate borne by the Increasing Rate Notes shall not exceed 11.50%6 per annum (plus the PIK Margin).]2 Notwithstanding the foregoing, if all or any portion of the principal amount of the Increasing Rate Notes or any interest payable thereon shall not be paid when due (whether at maturity, by acceleration or otherwise), the Increasing Rate Notes shall bear interest in cash at a rate per annum that is 2% above the rate otherwise applicable thereto from the date of such nonpayment until the amount not so paid is paid in full (both before and after judgment), and the Issuer shall pay interest in cash on overdue installments of interest at the same rate to the extent lawful. [Notwithstanding anything to the contrary herein, the payment of accrued interest in connection with any redemption of the Senior PIK Election Exchange and PIK Notes pursuant to Sections 3.07 or 3.08 or repurchases of the Senior PIK Election Exchange Notes and PIK Notes pursuant to Section 4.10 or 4.14 of the Indenture shall be made solely in cash.]2 Interest and Additional Interest, if any, will be computed on the basis of a 360-day year of twelve 30-day months. [PIK Interest shall be payable (x) with respect to the Senior PIK Election Exchange Notes represented by one or more Global Notes registered in the name of, or held by, The Depository Trust
Exchange Spread means zero (0) basis points during the 90 day period commencing on the Initial Maturity Date, increasing by 50 basis points at the beginning of each subsequent 90 day period thereafter. Project Leap Bridge Credit Agreement
Exchange Spread means 0 basis points during the three-month period commencing on the Initial Maturity Date and shall increase by 50 basis points at the beginning of each subsequent three-month period. The interest rate borne by Increasing Rate Notes shall not (a) exceed 12.0% per annum or (b) be less than 9.0% per annum. To the extent the interest rate borne by Increasing Rate Notes exceeds 11.5% per annum, the Company may, at its option, elect to pay such excess interest by issuing additional Increasing Rate Notes to the Holders in an aggregate principal amount equal to the aggregate amount of such excess interest. Notwithstanding the foregoing, at any time when an Event of Default has occurred and is continuing, the Increasing Rate Notes shall bear interest at a rate per annum that is 2.0% above the rate otherwise applicable thereto (and without giving effect to clause (a) above) from and including the date on which such Event of Default occurred to and excluding the date on which such Event of Default has been cured, and the Company shall pay interest on overdue installments of interest at the same rate to the extent lawful. [In addition, if a Registration Default (as defined in Exhibit C to the Indenture) occurs, the Company will pay liquidated damages in the form of increased interest of $0.192 per week per $1,000 principal amount of Increasing Rate Notes to the Holders who are unable freely to transfer Increasing Rate Notes from and including the date of the occurrence of such Registration Default to but excluding the date on which all such Registration Defaults have been cured.]