Final Reference Rate means the annualized rate Lender or a participant would use to fund a new advance in such amount for the Remaining Fixed Pricing Period on the date of such prepayment. For a Breakage Fee, the Final Reference Rate means the annualized rate as of the date Notice is given.
Final Reference Rate means, with respect to a Reference Currency, the applicable Reference Rate on the Final Valuation Date (subject, in the case of a Market Disruption Event, to a possible determination by the Calculation Agent in the manner described in the section “Description of the Notes—Market Disruption Event” herein).
Final Reference Rate means the annualized interest rate Lender would allocate to fund a new advance, on the date of prepayment, with similar scheduled repayment of principal from the time of the advance payment through the Fee End Date, assuming all scheduled repayments of principal due on or after the Fee End Date are paid on the Fee End Date. Any prepayment does not otherwise affect Borrower’s obligation to pay any fees due under this Agreement. No prepayment fee shall be due to Lender for advance payments of principal made after the Fee End Date.
Examples of Final Reference Rate in a sentence
If the Initial Reference Rate is less than or equal to the Final Reference Rate, there is no prepayment fee.
In such a circumstance, the Calculation Agent shall calculate the relevant Final Reference Rate or Rates, as the case may be, for the affected Reference Currency or Currencies, as applicable, in good faith and in a commercially reasonable manner, taking into account the latest available quotation for the applicable Reference Rate(s) and any other information that it deems relevant.
If the Initial Reference Rate is greater than the Final Reference Rate, the prepayment fee shall be equal to the difference between the Initial and Final Reference Rates (expressed as a decimal), multiplied by the appropriate factor from the Prepayment Fee Factor Schedule, multiplied by the principal amount of the loan being prepaid.
The Final Reference Rate (as determined by the current 24-month U.S. Treasury rate on Page 119 of Telerate) is 7.5%.
Calculate the interest payment that will accrue on the Prepayment Amount over the Remaining Fixed Pricing Period at the Final Reference Rate (“Final Interest Amounts”).
More Definitions of Final Reference Rate
Final Reference Rate means the annualized interest rate Lender would allocate to fund a new advance, on the date of prepayment, with similar scheduled repayment of principal from the time of each such advance payment through the Fee End Date, assuming all scheduled repayments of principal due on or after the Fee End Date are paid on the Fee End Date.
Final Reference Rate means the TZS/USD offer reference rate, expressed as the amount of TZS per one USD for settlement in two Reference CurrencyBusiness Days, reported by the Bank of Tanzania (www.bot.go.tz) under the caption “Selling” at approximately 18:00, Dar es Salaam time, for and on the Final Valuation Date, provided that, if Price Source Disruption occurs, Valuation Postponement will apply for the purpose of determining the Final Reference Rate.
Final Reference Rate means the Reference Rate onthe Final Valuation Date.
Final Reference Rate shall be the Reference Rate at time of prepayment. The Reference Rate shall be interpolated from the Federal Reserve Statistical Release (Publication H.15) as displayed on Page 119 of the Dow Xxxxx Telerate Service (or such other page or service as may replace that page or service for the purpose of displaying rates comparable to said U.S. Treasure rates) on the day the loan was made (Initial Reference Rate) or the day of prepayment (Final Reference Rate).
Final Reference Rate means the annualized interest rate that the Administrative Agent would allocate to fund a new advance, on the date of prepayment, with similar scheduled repayment of principal from the time of each such advance payment through the applicable End Date. The Company acknowledges that the Prepayment Premium is not a penalty, does not constitute damages for Company’s breach of the Credit Agreement, and does not constitute payment of unmatured interest. Instead, it is a fee payable by the Company to the Lenders if all or any portion of a Fixed Rate Loan is repaid prior to its scheduled due date. The Company acknowledges that the Prepayment Premium, if applicable, is a reasonable fee and charge of the Lenders and reflects a fair and reasonable return to the Lenders for the consideration advanced to the Company in the form of a Fixed Rate option for the Delayed Draw Term Loans. American AgCredit, FLCA $180,000,000.00 100.000000000% $180,000,000.00 100.000000000% TOTAL $180,000,000.00 100.000000000% $180,000,000.00 100.000000000% American AgCredit, FLCA $180,000,000.00 $24,000,000.00 $180,000,000.00 $24,000,000.00 AgFirst Farm Credit Bank $19,750,000.00 $19,750,000.00 CoBank, FCB $12,250,000.00 $12,250,000.00 Farm Credit Bank of Texas $10,500,000.00 $10,500,000.00 Farm Credit Mid-America, FLCA $23,750,000.00 $23,750,000.00 Farm Credit Services of America, FLCA $23,750,000.00 $23,750,000.00 AgCountry Farm Credit Services, FLCA $14,500,000.00 $14,500,000.00 Greenstone Farm Credit Services, FLCA $10,750,000.00 $10,750,000.00 Northwest Farm Credit Services, FLCA $11,000,000.00 $11,000,000.00 Farm Credit West, FLCA $11,000,000.00 $11,000,000.00 Farm Credit East, ACA $7,500,000.00 $7,500,000.00 Capital Farm Credit, ACA $7,500,000.00 $7,500,000.00 Texas Farm Credit Services, FLCA $3,750,000.00 $3,750,000.00 TOTAL $180,000,000.00 $180,000,000.00 $180,000,000.00 $180,000,000.00 CHAR1\0000000x0
Final Reference Rate means the annualized interest rate that the Administrative Agent would allocate to fund a new advance, on the date of prepayment, with similar scheduled repayment of principal from the time of each such advance payment through the applicable End Date.
Final Reference Rate means the annualized rate a Lender would allocate for its cost of funds for the period commencing on the Determination Date and ending on the End Date for the applicable Loan using the same methodology as used by the Administrative Agent in quoting the Initial Reference Rate. “Initial Reference Rate” means the annualized rate used by a Lender commencing on the Effective Date for its cost of funds for the applicable Loan. Schedule 2.01 Commitments and Applicable Percentages Term A-3 Lender Term A-3 Loan Commitment as of January 31, 2023 Applicable Percentage of Term A-3 Loan as of January 31, 2023 AgWest Farm Credit, PCA (as successor in interest to Northwest Farm Credit Services, PCA) $450,000,000.00 100.000000000% Total $450,000,000.00 100.0000000000% Term A-4 Lender Term A-4 Loan Commitment as of the Restatement Effective Date Applicable Percentage of Term A-4 Loan as of the Restatement Effective Date AgWest Farm Credit, PCA (as successor in interest to Northwest Farm Credit Services, PCA) $325,000,000.00 100.000000000% Total $325,000,000.00 100.0000000000% Term A-5 Lender Term A-5 Loan Commitment as of the First Amendment Effective Date Applicable Percentage of Term A-5 Loan as of the First Amendment Effective Date AgWest Farm Credit, PCA (as successor in interest to Northwest Farm Credit Services, PCA) $500,000,000.00 100.000000000% Total $500,000,000.00 100.0000000000%