Interest Base definition

Interest Base means in respect of a Loan with floating interest rate, the interest base (EURIBOR, NIBOR, CIBOR or STIBOR) stated in the Final Terms for that Loan or any reference rate replacing EURIBOR, NIBOR, CIBOR or STIBOR (as applicable) in accordance with Clause 22 (Replacement of Interest Base).
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Interest Base means, for a Loan with floating interest rate, the interest base (EURIBOR, NIBOR or STIBOR) stated in the relevant Final Terms;
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Examples of Interest Base in a sentence

  • During the period commencing on the Fully Available Date and ending on the date immediately prior to the Full Occupancy Date, Square Footage Base Rent shall be $13,562.00 per month, and Interest Base Rent shall be $21,173.00 per month.

  • A classified employee shall be advanced through the steps of the Support Professionals Salary Schedule at the rate of one step per year of service in the District, except as otherwise provided in the Classified Employee's Association Support Staff Professional Agreement or if otherwise determined through the Interest Base Negotiation process.

  • The rate of the Default Interest will be a variable rate, which will be updated from time to time if there is a change in the Base Rate for Arrears Amounts and will be calculated as follows: ● The Default Interest Base will be the Base Rate for Arrears Amounts, calculated annually, and, as of 27.10.2022 is 3.01%.

  • Any indemnification payments made pursuant to this Section 10 will be treated by Buyer and Seller as an adjustment to the Membership Interest Base Purchase Price for Tax purposes unless otherwise prescribed by applicable Legal Requirements.

  • The purchase price for the Membership Interest shall be equal to (i) $140,000,000 (one hundred forty million dollars) (the “Membership Interest Base Purchase Price”) plus (ii) the Final Company Inventory Value.

  • Annual Interest Margin Annual Interest Margin- 2% Annual Interest= Base Rate +Margin (Annual Interest/12)/Number of days in the month Penalty Interest 15% Credit Life Insurance Digital Overdraft of KES 20,000 & below – none.

  • Square Footage Base Rent and Interest Base Rent shall be paid on a monthly basis as described in the immediately preceding paragraph.

  • Unless otherwise provided for in the Agreement, in respect of Forced HUF Conversions the Bank applies 1 month’s BUBOR as an Interest Base, and the Margin is equivalent to the Margin set out in the Agreement.

  • Additionally, the Finance Programs, Lender Guide, descriptions of specific Units of Lender Financed Inventory, amounts and terms of Advances, Maturity Dates, Extensions, Interest, Base Rates, Administrative Charges, Lender Universal Program Fees, late fees, NSF fees, and other charges allowed by this Note or any other Loan Document may be proven by the records kept by Lender.

  • Seller and Buyer have agreed to an allocation of the Membership Interest Base Purchase Price to the Company Assets and the Butane Blending Technology for federal Tax purposes, and to work and cooperate with each other to coordinate their completion of Form 8594, Asset Acquisition Statement (the “Form 8594”) under Section 1060 of the Code, and pursuant to regulations promulgated thereunder, so that the amounts allocated on the Form 8594 will be consistent.

Related to Interest Base

  • Interest Basis means the First Interest Basis or the Second Interest Basis, as applicable.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.