Interest Rate Index definition

Interest Rate Index means the CPI for the Relevant Month (as specified in the applicable Final Terms) relating to the relevant Interest Payment Date. If the CPI for the applicable Relevant Month has not been published within ten (10) Business Days before the relevant Interest Payment Date, the Interest Rate Index shall be determined by the Calculation Agent as the higher of:

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Interest Rate Index means the weekly average yield on United States Treasury Securities adjusted to a constant maturity of one year, as made available by the Federal Reserve Board forty-five (45) days prior to each Note Rate Adjustment Date.

Interest Rate Index means EONIA, EURIBOR or LIBOR as used for the calculation of interests on a Loan in accordance with Clause 8.1 (Interest Rate Index).

Examples of Interest Rate Index in a sentence

On any settlement date for one or more Floating Rate Book-Entry Notes, the Company will issue a single Global Security representing up to $500,000,000 principal amount of all such Notes that have the same Base Rate, Initial Interest Rate, Index Maturity, Spread or Spread Multiplier, Interest Reset Period, Interest Payment Dates, redemption provisions, Minimum Interest Rate (if any), Maximum Interest Rate (if any) and Stated Maturity.
Computation of the Applicable Interest Rate based on the Interest Rate Index shall continue until Lender determines that the circumstances giving rise to Lender's substitution of the Interest Rate Index for the LIBOR Rate no longer exist.
You must occupy the home/residence pledged as collateral for this Home Equity loan and, if the residence securing this Home Equity loan ceases to be owner-occupied for more than 30 consecutive calendar days during the term of this Plan, we may, at the Credit Union’s sole discretion, increase the Margin added to the Interest Rate Index, by one percentage point (1.00%).
Lender’s obligation to maintain interest based on the LIBOR Rate shall be suspended and the Applicable Interest Rate shall be based on the Interest Rate Index (plus Margin) upon Lender’s determination, in good faith, that adequate and reasonable means do not exist for ascertaining the LIBOR Rate (which determination by Lender shall be conclusive and binding on Borrower in the absence of manifest error).
For any period where the Applicable Interest Rate is based on the Interest Rate Index, the Margin shall be a rate equal to the Margin, less seven (7) basis points (0.07%).
Computation of the Note Rate based on the Interest Rate Index shall continue until Lender determines that the circumstances giving rise to ▇▇▇▇▇▇’s substitution of the Interest Rate Index for the LIBOR Rate no longer exists and Lender shall promptly notify Borrowers of such determination.
Computation of the Applicable Interest Rate based on the Interest Rate Index shall continue until Lender determines that the circumstances giving rise to Lender’s substitution of the Interest Rate Index for the LIBOR Rate no longer exist, in which event the Applicable Interest Rate shall be the LIBOR Rate commencing with the first day of the Interest Period next following such determination.
Computation of the Note Rate based on the Interest Rate Index shall continue until Lender determines that the circumstances giving rise to L▇▇▇▇▇’s substitution of the Interest Rate Index for LIBOR no longer exists and Lender shall promptly notify Borrowers of such determination.
The history of each interest rate, for each money market, is captured by an Interest Rate Index, which is calculated each time an interest rate changes, resulting from a user minting, redeeming, borrowing, repaying or liquidating the asset.
On any settlement date for one or more Floating Rate Book- Entry Notes, the Company will issue a single Global Security representing up to $200,000,000 principal amount of all such Notes that have the same Base Rate, Initial Interest Rate, Index Maturity, Spread or Spread Multiplier, Interest Reset Period, Interest Payment Dates, redemption provisions, Minimum Interest Rate (if any), Maximum Interest Rate (if any) and Stated Maturity.

More Definitions of Interest Rate Index

Interest Rate Index means, for any applicable period, sixty-six and two-thirds percent (66 2/3%) of the average interest rate during such period at which funds in the Payment Fund were invested.

Interest Rate Index means the interest rate index equal to 120% of the average of the yield evaluations at par, as computed by the Remarketing Agent, of United States Treasury obligations having the term to maturity closest to the Calculation Period (without regard to any potential Interest Rate Mode Conversion Dates in the Calculation Period); provided that for each Calculation Period for the Weekly Mode or the Monthly Mode such United States Treasury obligations shall have a term to maturity of 13 weeks.

Interest Rate Index means the interest rate index used to calculate the applicable prepayment fee payable in connection with prepaying any of the Existing Non-Nomura Mortgage Indebtedness and, provided that such prepayment fee is calculated based upon a "yield maintenance" type formula, where the applicable prepayment fee is determined based upon the excess of the applicable loan interest rate over an interest rate tied to a specified interest rate index (e.g. a rate tied to U.S. Treasury Bills of a specified maturity);