INTEREST SPREAD definition

INTEREST SPREAD means (i) one and one-eighths percent (1.125%) with respect to any Obligations not secured by Collateral acceptable to the Bank in its sole discretion, and (ii) five-eighths of one percent (0.625%) with respect to any Obligations secured by Collateral acceptable to the Bank in its sole discretion.
INTEREST SPREAD is hereby amended as follows:

Examples of INTEREST SPREAD in a sentence

  • MANAGE NET INTEREST MARGIN AND NET INTEREST SPREAD We intend to continue to manage our net interest margin and net interest spread by seeking to increase lending levels.

  • LOAN INTEREST SPREAD We currently charge interest on the amount borrowed when You take a loan from Us using Your Policy as collateral.

  • The funds advanced under the Loan (including the Initial Advance) will be used for working capital and general corporate purposes.

  • NET INTEREST SPREAD: Fully tax-equivalent yield on earning assets less the average rate paid on interest-bearing liabilities.

  • NET INTEREST SPREAD - The difference between the average yield earned on earning assets on a fully taxable equivalent basis and the average rate paid for interest-bearing liabilities.


More Definitions of INTEREST SPREAD

INTEREST SPREAD means (1) 125 basis points over one-month LIBOR for unsecured borrowings and, (2) 90 basis points over one-month LIBOR for secured borrowings. In both cases, the LIBOR rate used shall be the rate on the last day of the prior month.
INTEREST SPREAD means, at the time of determination, Interest accrued on a Purchase Loan reduced by Applied Dividends.
INTEREST SPREAD means, with respect to the Class A Notes, 5.75% and, with respect to the Class B Notes, 10%. Back to Contents
INTEREST SPREAD means (i) six percent (6%) for demand deposit accounts, (ii) four percent (4%) for NOW accounts (iii) three and one-quarter percent (3.25%) for money market accounts, (iv) one and one-half percent (1.5%) for savings accounts, and (v) one and one-quarter percent (1.25%) for certificates of deposit, each to be decreased a rate of thirty-five percent (35%) to account for all federal and state taxes. In addition, in the event a new category of interest- bearing account becomes generally offered in the Dallas-Fort Worth SMSA as a result of the adoption of new, or the amendment of existing, federal law or regulations, the Economic Value Losses shall be decreased by any amount attributable to a transfer of funds from demand deposit accounts to such new interest-bearing accounts.
INTEREST SPREAD means [0.00%]
INTEREST SPREAD means the difference between the average yield on total interest-earning assets and average cost of total interest-bearing liabilities
INTEREST SPREAD means (1) 125 basis points over LIBOR for unsecured borrowings and, (2) 75 basis points over LIBOR for secured borrowings.