Interbank Rate means, for any period, (a) in respect of Loans denominated in Dollars, the Federal Funds Effective Rate and (b) in respect of Loans denominated in any other currency, the Agent’s cost of funds for such currency (as reasonably determined by the Agent) for such period.
Interbank Rate means, for any period, the Administrative Agent’s cost of funds for such period.
Interbank Rate means, with respect to each Interest Period, the rate per annum at which dollar deposits in immediately available funds are offered to the Bank two Business Days prior to the beginning of such Interest Period by major banks in the London interbank eurodollar market as at or about 11:00 a.m. London time, for delivery on the first day of such Interest Period, for the number of days comprised therein and in an amount comparable to the amount of the Loan to which such Interest Period relates.
Examples of Interbank Rate in a sentence
As per OET Certificate Conditions.Not applicable (i.e. Interbank Rate 2 means Zero (0)).
Interbank Rate 1: Not applicable.Interbank Rate 2: Not applicable.Dividend Percentage: Not applicable.
Not applicable.Not applicable (i.e. Interbank Rate 2 means Zero (0)).
For the purpose of the calculation of "Financing Ratet-1" below, the Interbank Rate shall be deemed to be equal to (0) zero.
Interbank Rate 1: applicable (see the "Specific Provisions for each Series" above).Interbank Rate 2: Not applicable.Dividend Percentage: see the "Specific Provisions for each Series" above.
More Definitions of Interbank Rate
Interbank Rate means with respect to any Revolving Credit Loan for any Interest Period, the rate per annum equal to the rate (rounded upwards, if necessary, to the nearest 1/16 of 1%) quoted as the rate at which dollar deposits in immediately available funds are offered on the first Business Day of each calendar month in the interbank Eurodollar market on or about 9:00 A.M. Milwaukee time for a period of one (1) calendar month. Each such determination shall be conclusive and binding upon the parties hereto in the absence of demonstrable error. M&I currently uses the Knight Ridder Information Service to provide information with respect to the interbank Eurodollar market, but M&I may change the service providing such information at any time.
Interbank Rate means in relation to any Interest Period or other period, the arithmetic mean (rounded upward to the nearest four decimal places) of the offered quotations for U.S. dollar deposits for such period which appear on the relevant Telerate Page of the Telerate Service which displays a British Bankers Association Interest Settlement Rate for U.S. dollars (or such other page or such other service as may replace such page and/or service, as appropriate, for the purpose of displaying London Interbank Offered Rates of leading banks) at or about 11:00 a.m. (London time) on the applicable Quotation Day; provided that if there is one only or no such offered quotations on the relevant Telerate Page of the Telerate Service or there is no relevant Telerate Page, the applicable interest rate shall be the arithmetic mean (rounded upwards, if not already such a multiple of one-sixteenth of one per cent (0.0625%)) of the rates at which each of the Reference Banks was offering to prime banks in the Budapest Interbank market deposits in U.S. dollars at or about 11:00 a.m. (Budapest time) on the applicable Quotation Day for a period equal to such period and in an amount comparable with the amount to be outstanding during such period;
Interbank Rate means the rate per annum determined by the Agent, on the basis of quotations furnished to it by the Eurodollar Reference Bank, to be the average (rounded upward, if necessary, to the nearest 1/16 of 1%) of the rates at which deposits in Dollars are offered to the Eurodollar Reference Bank by prime banks in the London interbank market at approximately 11:00 A.M. (London time), two Eurodollar Business Days before the first day of such Interest Period, in an amount substantially equal to the proposed Eurodollar Rate Loan to be made, continued or converted by the Eurodollar Reference Bank and for a period of time comparable to such Interest Period.
Interbank Rate means, with respect to each Eurodollar Period, the rate per annum determined by the Agent two (2) Business Days prior to the beginning of such Eurodollar Period, at which the Agent is offered deposits in dollars by major banks in the interbank eurodollar market at or about 11:00 a.m. London time, for delivery on the first day of such Eurodollar Period, in an amount and period equal to the amount of the Eurodollar Loan to be outstanding during such Eurodollar Period.
Interbank Rate means the interbank offered interest rate charged by prime banks to each other for overnight deposits at the place of payment and in the currency of the amount outstanding for each day on which interest is to be charged (being, if an amount in euros is outstanding, the Euro Overnight Index Average (EONIA) Rate calculated by the European Central Bank and, if an amount is outstanding in Hungarian forints, the overnight Budapest Interbank Offered Rate (BUBOR) published by the National Bank of Hungary). (5)
Interbank Rate means, for any period, (a) in respect of Loans denominated in Dollars, the Federal Funds Rate, and (b) in respect of Loans denominated in a Specified Foreign Currency, the Overdraft Rate.
Interbank Rate means the wholesale rate quoted between banks and other liquidity providers; LONG PARTY means, in relation to a Contract, the party that has notionally bought the relevant Underlying Instrument; MARGIN means the amount that you must pay to us and have in your Account to enter into or maintain a Contract with us in accordance with these T&Cs; MARGIN CALL means a call on you normally made via the Trading Platform, requesting you to top up the amount of money you have in your Account as Margin; MARGIN CALL LEVEL means the level at which the Trading Platform may automatically trigger a Margin Call. As at the date of this document, this is where Total Equity reaches 100% of the Total Margin Requirement; MARGIN FX CONTRACT means a contract between you and us for the taking of a spot Position in a foreign currency; MARGIN LEVEL means that percentage of Total Equity to Total Margin Requirements; MARGIN PERCENTAGE means such percentage as specified by us, and as amended by us in accordance with clause 10.4 of these T&Cs from time to time; MARGIN REQUIREMENT means the amount of money that you are required to pay to us and deposit with us for entering into a trade and/or maintaining an open Position; MATERIAL ERROR means errors, omissions or misquotes that may occur in relation to Products; MINIMUM TRADING SIZE means such minimum Contract Quantity or Contract Value as we may specify through our Trading Platform from time to time for any type of Product; MAXIMUM TRADING SIZE means such maximum Contract Quantity or Contract Value as we may specify through our Trading Platform from time to time for any type of Product; NEXT SERIAL FUTURES CONTRACT means a contract of the same type as the futures contract, which is the Underlying Instrument of the relevant CFD Contract, but with the expiry date being the next occurring expiry date; NORMAL TRADING SIZE means the minimum and maximum Contract Quantity or Contract Value that we consider appropriate, having regard if appropriate, to the normal market size for which prices are available on any relevant exchange and for which we quote live price information; ORDERS means an offer made by you under the Agreements; POSITION means the long or short Position you have taken with us. Position has the same meaning as Contract in the Agreements; PRODUCTS means any of the Margin FX Contracts and CFDs listed on our Website at any given time, offered by us; ROLLOVER BENEFIT means a benefit you may receive on Futures Based CFDs held overni...