Initial Spread definition

Initial Spread means 1.51 per cent.;

Initial Spread means 4.807 per cent.;

Initial Spread means 8% minus the 5-year Government Investment Issues (GII) rate as at the Issue Date.

Examples of Initial Spread in a sentence

• The Transferor agrees, simultaneously with the execution and delivery of this Agreement, to execute and deliver the Spread Account Agreement and, pursuant to the terms thereof, to deposit the Initial Spread Account Deposit in the Spread Account on the Closing Date.

• Requisite Amount of Spread Account (1) Initial Spread Account Deposit $9,749,989 ------------ (2) Subsequent Spread Account Deposits 3,000,011 ------------ (3) Total Initial & Subsequent Spread Account Deposits (1)+(2) 12,750,000 ------------ (4) $100,000 100,000 ------------ (5) 2% of Original Pool Balance (total deliveries) 8,500,000 ------------ (6) End of period Note Balance (before accel.

• Unless otherwise provided, capitalized terms in this Certification of Expected True Interest Cost and Initial Spread (“Certification”) shall have the meanings assigned to such terms in the Offer(s) to which this Certification is attached: The undersigned is an officer of [FINANCIAL ADVISOR] (the “Advisor”) and is duly authorized to execute and deliver this Certification on behalf of the Advisor.

• The Initial Spread Index (ISI) is a numeric rating of the expected rate of fire spread.

• During the Initial Spread Period, the interest rate on the Notes will be reset on each Interest Reset Date, and will equal LIBOR plus the Initial Spread.

More Definitions of Initial Spread

Initial Spread means, with respect to any Series of iMTP Shares, the rate per annum specified as the Initial Spread for such Series of iMTP Shares in the Appendix for such Series of iMTP Shares.

Initial Spread means: 1.58 per cent. “Reference Treasury Dealer” means each of the three nationally recognized investmentbanking firms selected by the Issuer that areprimary U.S. Government securities dealers. “Reference Treasury Dealer Quotations” means with respect to each ReferenceTreasury Dealer and any Calculation Date, theaverage, as determined by the Calculation Agent, of the bid and asked prices for the Comparable Treasury Issue, expressed in each case as a percentage of its principal amount, quoted in writing to the Calculation Agent bysuch Reference Treasury Dealer at 10.00 p.m. New York City time, on such Calculation Date. “US Treasury Rate” means the rate inpercentage per annum notified by theCalculation Agent to the Issuer and the Noteholders (in accordance with the Conditions) equal to the yield on U.S. Treasury securities having a maturity of five years as is displayed on H.15(519) under the caption "Treasury constant maturities", as displayed on Reuters page "FRBCMT" (or any successor page or service displaying yields on U.S. Treasury securities as agreed between the Issuer and the Calculation Agent) at 5 p.m. (New York time) on the Calculation Date. If such page (or any successor page or service does not display the relevant yield at 5 p.m. (New York time) on the Calculation Date, U.S. Treasury Rate shall mean the rate in percentage per annum equal to the semi- annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for the Calculation Date.If there is no Comparable Treasury Price on the Calculation Date for whatever reason, U.S. Treasury Rate shall mean the rate in percentage per annum notified by the Calculation Agent to the Issuer and the Noteholders (in accordance with the Conditions) equal to the yield on U.S. Treasury securities having a maturity of five years as is displayed on H.15(519) under the caption "Treasury constant maturities", as was displayed on Reuters page "FRBCMT" (or any successor page or service displaying yields onU.S. Treasury securities as agreed between the Issuer and the Calculation Agent), at 5 p.m. (New York time) on the last available date preceding the Calculation Date on which such rate was displayed on Reuters page "FRBCMT" (or any successor page or service displaying yields on U.S. Treasury securities as agreed between the Issuer and the Calculation Agent).

Initial Spread means 4.865 per cent;

Initial Spread means the Spread applicable during the Initial Spread Period.

Initial Spread means 4.408 per cent;

Initial Spread means (a)4.123% per annum (being the yield on the Notes at the date of this Pricing Supplement) minus (b) 1.920%. For information purposes only, (b) is the five and a half year mid-swap rate in percent per annum equal to the linear interpolation of the U.S. Dollar mid-swap rates with a maturity of five years and six years as was displayed on Bloomberg Screen IRSB 18 Page as of 12.45 p.m. (New York time) on April 8, 2014

Initial Spread means 4.29 per cent.