Indicative Rate definition

Indicative Rate means the acceptable exchange rate threshold at which
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Indicative Rate means the rate, if any, which the Agent has provided to the Borrower on the date that the Borrower provides the Agent with a Notice of Borrowing, as being the Base Rate or Adjusted London Interbank Offered Rate, effective on the date of such Notice of Borrowing. The Indicative Rate is not binding on the Agent or any Bank and the interest rate applicable to a Borrowing may be greater than, equal to or less than the Indicative Rate.
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Indicative Rate means the offered borrowing rates estimated based on current market of bonds issued by similarly rated municipalities in Canada by CIBC World Markets and RBC Capital Markets for the relevant borrowing term;
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Examples of Indicative Rate in a sentence

  • Thanking you,Yours faithfully, (Signature of the Bidder) Name:Designation: Seal:Date:Business Address:Format – Detailed Financial Bid Annexure 10Summary of Cost components * Indicative Rate Card for Implementation Support * Prices indicated in above Rate Card for implementing support shall not be considered for evaluation of winning bid.

  • FTE requests resulting from growth or inflation requirements are required to be identified as part of the Indicative Rate process as outlined in subsection 3.1 (a) of this Appendix.

  • If the Corporation has paid in full the lesser of (i) each of its last four Dividends in full at the Class B Share Indicative Rate on their respective Dividend Payment Dates or (ii) prior to the fourth scheduled Dividend Payment Date, all Dividends that could have been paid on the Class B Shares, the Corporation may issue an unlimited amount of additional Class B Shares and other equity securities ranking pari passu with the Class B Shares without the consent of the holders of the Class B Shares.

  • When Dividends are paid on the Class B Shares at less than the Class B Share Indicative Rate, all Dividends declared on the Class B Shares will be paid pro rata.

  • If the Corporation has paid in full the lesser of (i) each of its last four Dividends in full at the Class C Share Indicative Rate on their respective Dividend Payment Dates or (ii) prior to the fourth scheduled Dividend Payment Date, all Dividends that could have been paid on the Class C Shares, the Corporation may issue an unlimited amount of additional Class C Shares and other equity securities ranking pari passu with the Class C Shares without the consent of the holders of the Class C Shares.

  • When Dividends are paid on the Class C Shares at less than the Class C Share Indicative Rate, all Dividends declared on the Class C Shares will be paid pro rata.

  • Distributions and Indicative Rate of Returns are not guaranteed, and neither is the return of Investor’s capital.

  • None of the Trustee or the Fund Manager, or their officers, employees, related parties, associates, consultants, advisers and agents, or any other person, guarantee: • the performance of any of the Fund’s investments, or any Indicative Rate of Return.

  • PRO FORMA CONSOLIDATED FINANCIAL INFORMATION The following table sets forth selected pro forma consolidated financial information of the Resulting Issuer as at June 30, 2018 as if the Transaction has been completed as at June 30, 2018.

  • We note that the notification deadline adjustment for resource deviations has been a feature of the Revenue Sufficiency Guarantee charge allocation since the Indicative Rate filing in 2008.

Related to Indicative Rate

  • Alternative Rate means an alternative benchmark or screen rate which the Independent Adviser determines in accordance with Condition 5(j)(ii) is customarily applied in international debt capital markets transactions for the purposes of determining rates of interest (or the relevant component part thereof) in the same Specified Currency as the Notes.

  • Federal Funds Effective Rate means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it.

  • Reference Rate means the rate specified as such hereon.

  • NYFRB Rate means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received by the Administrative Agent from a federal funds broker of recognized standing selected by it; provided, further, that if any of the aforesaid rates as so determined be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Adjusted Eurocurrency Rate means, with respect to any Eurocurrency Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the Eurocurrency Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period.

  • EURIBOR Rate has the meaning specified in the definition of “Eurocurrency Rate”.

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • CDOR Rate is defined in the definition of “Eurocurrency Rate” herein.