Interest Rate Floor definition

Interest Rate Floor means that the Coupon Interest cannot fall below the fixed Interest Rate Floor.

Interest Rate Floor means a series of interest rate put options (European) in which the buyer of the option receives a payment at the end of each period when the underlying interest rate is below a rate agreed in advance.

Interest Rate Floor means that the interest rate of the Bonds cannot be lower than the fixed Interest Rate Floor

Examples of Interest Rate Floor in a sentence

• The Interest Rate Floors and Caps of any fixing method take precedence, meaning that the Coupon Interest cannot be lower than the Interest Rate Floor nor higher than the Interest Rate Cap.

• On each agreed Settlement Date for the payment of a Floating Amount, the Seller shall pay to the Buyer the Floating Amount if such amount is a positive number and the Buyer shall pay to the Seller the Floating Amount if such amount is a negative number.(3) Interest Rate Cap and Interest Rate Floor.

• On each agreed Settlement Date for the payment of a Floating Amount, the Seller under an Interest Rate Cap shall pay to the Buyer the Floating Amount if such amount is a positive number and the Seller under an Interest Rate Floor shall pay to the Buyer the Floating Amount if such amount is a negative number.

• The purpose of this Supplement ("Interest Rate Supplement") is to govern Interest Rate Transactions, which means an Interest Rate Swap, Cross Currency Rate Swap, Forward Rate Agreement, Interest Rate Cap, Interest Rate Floor, Interest Rate Swaption or any other Transaction so agreed by the parties in respect of an individual Transaction or in the Special Provisions.

• The Mortgage Interest Rate is adjusted, with respect to adjustable rate Mortgage Loans, on each Interest Rate Adjustment Date to equal the Index plus the Gross Margin (rounded up or down to the nearest .125%), subject to the Mortgage Interest Rate Cap and Mortgage Interest Rate Floor.

More Definitions of Interest Rate Floor

Interest Rate Floor means 0.00 per cent. per annum. “Underlying Cap” means 6.00 per cent. per annum. “Underlying Floor” means -0.05 per cent. per annum.

Interest Rate Floor means 4.0%

Interest Rate Floor means a Transaction in which the Seller pays to the Buyer against payment of an agreed premium, once or periodically, Floating Amounts in a specified currency calculated on a Notional Amount in such currency and the Floating Rate, if such amount is a negative number.

Interest Rate Floor is defined in Section 7.1.4 of this Agreement.

Interest Rate Floor means 4.5% (the “Interest Rate Floor”).

Interest Rate Floor means an instrument that pays off on each settlement date based on the market value of a reference rate (i.e. SIFMA or LIBOR) and a specified contract rate which effectively establishing a minimum on a variable rate.

Interest Rate Floor means those certain interest rate hedge instruments sold by HCR Healthcare, LLC in the notional amount of the aggregate principal amount of the Mortgage Loan and the Mezzanine Loans, having a LIBOR floor of 4%.