Index Interest Rate definition

Index Interest Rate means each of the LIBOR Index Rate and the SIFMA Index Rate. “Index Interest Rate Period” means any period during which the Bonds bear interest at an Index Interest Rate.

Index Interest Rate means, as established pursuant to Section 2.03(B) during any Index Interest Rate Period, a per annum rate of interest equal to the sum of (i) the Applicable Spread plus (ii) the product of the Index as of the date of determination multiplied by the Applicable Factor.

Index Interest Rate means a variable interest rate on all or a portion of the Bonds established in accordance with Section 2.3(D) hereof.

Examples of Index Interest Rate in a sentence

• If no Benchmark Index Interest Rate is available for such term, the nearest available term will be used.

• The discount rate is determined by taking the greater of the Benchmark Index Interest Rate less the Discount Rate Adjustment, and the Discount Rate Minimum.

• The applicable term of the Benchmark Index Interest Rate is the same as the number of days remaining until the end of the Guarantee Period.

• The applicable term that determines the Benchmark Index Interest Rate is the same as the number of days remaining until the end of the applicable Guarantee Period.

• Loan Yields Debt Investment Yields Variable and Hybrid Loans by Index Interest Rate Components of Loans and Investments 2.76% 2.70% 2.74% 2.76% 2.93% 2Q21 3Q21 4Q21 1Q22 2Q22 1 1 Excludes $2.1 million of prepayment penalty income on debt securities during 4Q21.

More Definitions of Index Interest Rate

Index Interest Rate means each of the LIBOR Index Rate or the SIFMA Index Rate, as applicable.

Index Interest Rate means each of the LIBOR Index Rate or the SIFMA Index Rate. Index Interest Rate Period

Index Interest Rate means for each Interest Period, a per annum rate equal to the sum of (a) the SOFR Rate, plus (b) one-and-seventy-hundredths percent (1.70%), as determined by the Calculation Agent in accordance with Section 2.01(d) hereof and in all cases not to exceed the Maximum Interest Rate.

Index Interest Rate means each of the LIBOR Index Rate, the SIFMA Index Rate, the Amortization Period Rate, the Taxable Rate and the Default Rate.

Index Interest Rate means an interest rate given by the addition of (i) the index Published in the Interest rate table, unless otherwise agreed, which the Bank is authorised to change unilaterally and

Index Interest Rate means, (a) during the Cash-Collateralized Mode, (i) for the first Interest Period, % per annum (which rate shall be based on the one-year LIBOR swap rate as of 6 calendar days prior to the Closing Date plus 75 basis points (0.75%)) and (ii) for the second Interest Period the rate will be the two-year LIBOR rate in effect three calendar days prior to such second Interest Period, plus 80 basis points (0.80%), in each case the applicable Index Interest Rate shall be rounded upward to the second decimal place and shall never be less than 0.75% per annum; and (b) during the Permanent Mode, for each Interest Period, a per annum rate equal to the sum of (a) the product of (I) 0.79, times (II) the LIBOR Rate, plus (b) two percent (2.0%); in either case as determined by the Calculation Agent in accordance with Section 2.01(d) hereof and in all cases not to exceed the Maximum Interest Rate.

Index Interest Rate means each of the SOFR Index Rate and the SIFMA Index