Financing Rate means the charges, expressed as a percent per annum, imposed on the unpaid principal of the Loan. The Financing Rate shall consist of an interest rate component and a Grant Allocation Assessment rate component.
Financing Rate means an amount that equals: (a) the Financing Spread + (b) the London interbank offered rate (British Banker’s Association) for three-month deposits in U.S. Dollars, which is displayed on Reuters page “LIBOR01” (or any successor service or page for the purpose of displaying the London interbank offered rates of major banks, as determined by the Calculation Agent) (“LIBOR”), as of 11:00 a.m., London time, on the day that is two London business days prior to the immediately preceding Monthly Valuation Date. Notwithstanding the foregoing:
Financing Rate means the semiannual compounding rate at which charges are imposed on the unpaid principal, including capitalized interest, of a State Revolving Fund (SRF) loan as described in subsection 62-503.300(5), F.A.C., hereby incorporated by reference. The financing rate has a loan interest rate component and, for non-capitalization grant project loans, a grant allocation assessment rate component.
Examples of Financing Rate in a sentence
However, if this Agreement is not executed by the Project Sponsor and returned to the Department before July 1, 2022, the Financing Rate may be adjusted.
More Definitions of Financing Rate
Financing Rate means [XXX].
Financing Rate means the charges, expressed as a percent per annum, imposed on the unpaid principal of the Loan as set forth herein.
Financing Rate means zero per cent. 6. Early Termination Provisions: Payments on Early Termination Date:If this TRS1 Transaction terminates prior to the Termination Date (for whatever reason, including as a result of an Event of Default or Termination Event under the Swap Agreement), no termination payment shall be payable by either party in respect of the Transaction (and no amount shall be included in respect of the Transaction as part of the calculation to be made pursuant to Section 6(e) of the Swap Agreement) and neither party shall have any further liability in respect of the termination of the Transaction.7. Account Details: Account details for Party A: As per standard settlement instructions Account details for Party B: Please provide detailsand/or such other accounts as shall be advised by one Party to the other as and when necessary Please confirm that the foregoing correctly sets forth the terms of our agreement by having an authorised signatory validly execute a copy of this Confirmation and return it to us. Yours faithfully, NatWest Markets Plc Confirmed as of the date first above written: Lunar Luxembourg S.A., acting in respect of its Compartment 2022-01 Name: Title: ANNEX 3 TRS2 CONFIRMATION Dated: 25 July 2022 Lunar Luxembourg S.A., acting in respect of its Compartment 2022-01 46a, avenue J.F. KennedyL-1855 LuxembourgGrand Duchy of Luxembourg Re: Total Return Swap Transaction – TRS2 Dear Sir or Madam, Swap Confirmation to TRS2 in respect of the Series 2022-01 EUR 300,000,000 Secured Instruments due 2026, issued by Lunar Luxembourg S.A. acting in respect of its Compartment 2022-01The purpose of this communication (this “Confirmation”) is to set forth the terms and conditions of a total return swap transaction to be entered into between us on the Trade Date set forth below (the “TRS2 Transaction” or “TRS2”).This Confirmation supplements, forms a part of, and is subject to, the 2002 ISDA Master Agreement deemed to have been entered into between NatWest Markets Plc (“Party A”) and Lunar Luxembourg S.A., acting in respect of its Compartment 2022-01 (“Party B”) upon execution of the Constituting Document (as supplemented and / or amended from time to time, the “Swap Agreement”). The definitions and provisions contained in the 2006 ISDA Definitions (the “Definitions”) published by the International Swaps and Derivatives Association, Inc. are incorporated into this Confirmation. In the event of any inconsistency between the Definitions and this Confirmation, the...
Financing Rate has the meaning set forth in Section 7.8(e).
Financing Rate means an amount equal to the London interbank offered rate (British Banker’s Association) for three-month deposits in U.S. Dollars, which is displayed on Reuters page LIBOR01 (or any successor service or page for the purpose of displaying the London interbank offered rates of major banks, as determined by the Security Calculation Agent), as of 11:00 a.m., London time, on the day that is two London business days prior to the immediately preceding Monthly Valuation Date. “London business day” means each Monday, Tuesday, Wednesday, Thursday and Friday that is not a day on which banking institutions in London generally are authorized or obligated by law, regulation or executive order to close and is also a day on which dealings in U.S. dollars are transacted in the London interbank market.
Financing Rate means the effective cost of funds (expressed as a rate per annum) to the Partnership and its Subsidiaries of any financing obtained by the Partnership or any of its Subsidiaries, the proceeds of which are used to pay Liabilities arising out of the USAC Audit or the resolution thereof; provided that, if Grande Operating pays such amounts other than from the proceeds of any contemporaneous financing, then it will be deemed to have paid such amounts from proceeds from its highest-cost financing as of the date it paid such amounts.