Interest Rate Methodology definition

Interest Rate Methodology means the average of the Bank of England Sterling Overnight Index Average (XXXXX) Compounded Index, plus 1 percentage point, from the date the Generator receives the Subsidy for the period interest is required to run under Condition 32.11, and subject to Condition 32.11(C);
Interest Rate Methodology means the average of the Bank of England Sterling Overnight Index Average (SONIA) Compounded Index, plus one (1) percentage point, from the date the Emitter receives the Subsidy for the period interest is required to run under Condition 28.13 (Subsidy Interest), and subject to Condition 28.13(C);

Examples of Interest Rate Methodology in a sentence

  • Interest Rate Methodology: Rate of Interest on loan will be 2% p.a. above the deposit interest rate.

  • For discussion on the interest rate methodology for the base scenario, please see 2015 GRA Vol II Investment Income II.1.3 on Interest Rate Methodology.

  • Board staff submitted that Union should apply the Board approved Accounting Interest Rate Methodology as set out in the Board’s letter of November 28, 2006, under Board File No. EB-2006-0117, to the cumulative under-recovery of the St. Clair Line for the period January 1, 2003 to May 1, 2010.

Related to Interest Rate Methodology

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Base Interest Rate means the rate determined by the Bank at the time of a Conversion execution (other than a Commodity Conversion), based on: (i) the currency requested by the Borrower; (ii) the type of interest rate requested by the Borrower; (iii) the Amortization Schedule; (iv) the existing market conditions; and

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.