New Interest Rate definition
Examples of New Interest Rate in a sentence
Company Notice regarding New Interest Rate or New Spread or Spread Multiplier.
Company Notice Regarding New Interest Rate or New Spread or Spread Multiplier.
If the relevant Calculation Agent notifies Canada that it is not able or willing to calculate the New Interest Rate Basis, or that it is only willing to do so on the basis of an increase of its fees not acceptable to Canada, the relevant Calculation Agent shall have no responsibility with respect to such New Interest Rate Basis and Canada shall appoint a different calculation agent to determine the New Interest Rate Basis.
The BENEFICIARY shall pay any difference between the New Interest Rate and the Original Interest Rate that has not yet been paid together with the interest and principal installment to be repaid on the 15th of the month immediately following the date of execution hereof, without prejudice to the collection of the charges set forth in the Provisions Applicable to BNDES Contracts referred to in Section Eight, item I of the AGREEMENT.
If the Calculation Agent notifies the Issuer that it is not able or willing to calculate the New Interest Rate Basis, or that it is only willing to do so on the basis of an increase of its fees not acceptable to the Issuer, the Calculation Agent shall have no responsibility with respect to such New Interest Rate Basis and the Issuer shall appoint a different calculation agent to determine the New Interest Rate Basis.
The relevant Calculation Agent shall determine if it is able and willing to calculate the New Interest Rate Basis and upon its agreement in writing to do so the term “Interest Rate Basis” shall be deemed to include the New Interest Rate Basis.
If the Issuer proposes to issue Floating Rate Notes whose interest rate will be determined with reference to a basis or formula not referred to above (a “New Interest Rate Basis”), the Issuer shall give a written description of such New Interest Rate Basis to the Calculation Agent.
The Calculation Agent shall determine if it is able and willing to calculate the New Interest Rate Basis and upon its agreement in writing to do so the term “Interest Rate Basis” shall be deemed to include the New Interest Rate Basis.
Mandatory Tender Upon Conversion to a New Interest Rate Mode 24 Section 2.06.
Company Notice Regarding New Interest Rate or New Spread -------------------------------------------------------- or Spread Multiplier.