New Interest Rate definition

New Interest Rate. As determined by application of the provisions set forth herein and in the Remarketing Agreement and Remarketing Agency Agreement.
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New Interest Rate. As determined by application of the provisions set forth in the attached form of the Notes on the LIBOR Determination Date or the Fixed Rate Determination Date, as applicable. Spread: Interest Payment Dates:
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New Interest Rate means the variable rate of interest payable from time to time on the Program Loans.
Sample 1

Examples of New Interest Rate in a sentence

  • Company Notice regarding New Interest Rate or New Spread or Spread Multiplier.

  • Similarly, the number of global reports to the National Center for Missing and Exploited Children has risen by over 80%.

  • NCLC, “Payday Lenders Plan to Evade California’s New Interest Rate Cap Law Through Rent-A-Bank Schemes” (Oct.

  • If Canada 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”), Canada shall give a description of such New Interest Rate Basis to the relevant Calculation Agent.

  • The New Interest Rate will be effective June 1, 2018, and beginning on July 1, 2018, Hahn Hotels, LLC will begin monthly payments of principal and interest at the New Interest Rate.

  • Apart from the above, none of the Directors has any material interest in the abovementioned transactions and is required to abstain from voting on the board resolutions approving the 2020 Supplemental Loan Agreement, the New Interest Rate and the transactions contemplated thereunder.

  • 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 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.


More Definitions of New Interest Rate

New Interest Rate. As determined by application of the provisions set forth herein and in the Remarketing Agreement and Remarketing Agency Agreement. ------------------------------------------------- ------------------------------ Beneficial Owner Tender Provisions: As set forth in the Remarketing Prospectus dated __________ __, ____. In the event that the Remarketing Agents fail to remarket all Class Notes validly tendered for remarketing on the Reset Date, then the Remarketing Agents shall promptly notify the Administrator and the Trustee of such failure. ------------------------------------------------- ------------------------------ ------------------------------------------------- ------------------------------ Failed Remarketing Rate: ____% ------------------------------------------------- ------------------------------ Form of Notes: Global certificate registered in the name of the nominee of the applicable depository of the Notes, which is DTC, Clearstream, Luxembourg or Euroclear. The beneficial owners of the Notes ("Beneficial Owners") are not entitled to receive definitive certificates representing their Notes, except under limited circumstances. A Beneficial Owner's ownership of a Note currently is recorded on or through the records of the brokerage firm or other entity that is a participant in DTC, Clearstream, Luxembourg or Euroclear and that maintains such Beneficial Owner's account. ------------------------------------------------- ------------------------------ Purchase Price: 100% of the principal amount of the tendered Notes. Payable to DTC, Clearstream, Luxembourg or Euroclear for the Beneficial Owners of tendered Notes. ------------------------------------------------- ------------------------------ Remarketing Fee (expressed as a percentage of As set forth in the principal the outstanding principal amount of the Notes, Remarketing Agency Agreement. payable except in the case of a Failed Remarketing): ------------------------------------------------- ------------------------------ Wire Instructions: ------------------------------------------------- ------------------------------ Other: ------------------------------------------------- ------------------------------ Closing: __________ __, ____ ------------------------------------------------- ------------------------------
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New Interest Rate. “Original Interest Rate” “Percentage Ratio(s)” “Prime Rate” “Security Documents” “Share(s)” “Share Charge” “Shareholder(s)” “Stock Exchange” “US$” “%” Five point five per cent (5.5%) of the Loan per annum; Ten point five per cent (10.5%) of the Loan per annum; the percentage ratio(s) under Rule 14.07 of the Listing Rules; the US Dollar Prime rate as quoted by the US Board of Governors of the Federal Reserve System from time to time; the Guarantee and any other document executed from time to time by whatever person as a further guarantee of or security for all or any part of the Borrower’s obligations under the 2019 Loan Agreement (as amended or supplemented by the 2020 Supplemental Loan Agreement); ordinary Share(s) of the Company; the share charge to be executed by the Borrower as the charger over 20% equity interest in Agria Asia Investments Limited to secure the Borrower’s liability and obligations under the 2019 Loan Agreement (as amended or supplemented by the 2020 Supplemental Loan Agreement); holder(s) of the Shares in the share capital of the Company; The Stock Exchange of Hong Kong Limited; The US dollar(s), the lawful currency of the United State of American; per cent.
Sample 1
New Interest Rate means the interest rate, using the applicable Interest Rate Index, that applies in calculating an applicable prepayment fee where the loan in question is prepaid on the Closing Date. If (i) Contributor shall have exercised its right to extend the Option Exercise Date (as defined in the Option Agreement) and the scheduled Closing Date, in accordance with the terms of the Option Agreement, (ii) the prepayment fee payable in connection with prepaying any of the Existing Non- Nomura Mortgage Indebtedness is calculated based upon an Interest Rate Index, and (iii) the interest rate for such Interest Rate Index in effect on the extended Closing Date differs from the interest rate for such Interest Rate Index that would have applied in calculating the prepayment fee if Contributee had not so exercised its extension option, then the following shall apply:
Sample 1
New Interest Rate. As determined by application of the provisions set forth in the attached form of the Notes on the LIBOR Determination Date. Spread: [Plus/Minus] ______ basis points. Interest Payment Dates: January 23, April 23, July 23 and October 23 Subsequent Spread Period: October 23, 1997 to October 23, ____ Redemption Provisions: Redeemable as set forth in the attached Prospectus Supplement dated October 18, 1996; [describe additional redemption provisions, if any] Beneficial Owner Tender Provisions: As set forth in the attached Prospectus Supplement dated October 18, 1996. In the event that the Remarketing Underwriter fails to purchase all Notes validly tendered for purchase on the Tender Date, then the Remarketing Underwriter shall promptly notify the Company and the Trustee of such failure.
Sample 1

Related to New Interest Rate

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

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

  • Capped Interest Rate is defined in the Note, if applicable.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Base Interest Rate means a rate of interest based on the LIBOR-Rate. "Base Interest Rate Loan" means amounts outstanding under this note that bear interest at a Base Interest Rate. "Base Rate Maturity Date" means the last day of the Interest Period with respect to principal outstanding under a Base Interest Rate Loan. "Business Day" means a day on which Bank is open for business for the funding of corporate loans, and, with respect to the rate of interest based on the LIBOR Rate, on which dealings in U.S. dollar deposits outside of the United States may be carried on by Bank. "Interest Period" means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, three, six, nine or twelve months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise an on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. "LIBOR Rate" means a per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United Sates would be offered to Bank, outside of the United Sates, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtors' interest rate selection, plus Bank's costs, including the costs, if any, of reserve requirements. "Origination Date" means the first day of the Interest Period. "Reference Rate" means the rate announced by Bank from time to time at its corporate headquarters as its Reference Rate. The Reference Rate is an index rate determined by Bank from time to time as a means of pricing certain extensions of credit and is neither directly tied to any external rate of interest or index nor necessarily the lowest rate of interest or index nor necessarily the lowest rate of interest charged by Bank at any given time.

  • Applicable Interest Rate means, (i) with respect to each Revolving Credit Advance and Term Loan Advance, the Eurodollar-based Rate or the Base Rate, and (ii) with respect to each Swing Line Advance, the Base Rate or, if made available to the Borrower by the Swing Line Lender at its option, the Quoted Rate, in each case as selected by the Borrower from time to time subject to the terms and conditions of this Agreement.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Note Interest Rate means a per annum rate equal to 0.06% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Lower-Tier Interest Rate As described in the Preliminary Statement.

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • LIBOR Interest Rate means, for each LIBOR Loan for the relevant Interest Period, the rate per annum (rounded upward, if necessary, to the nearest one-sixteenth of 1%) determined by the Agent to be equal to the quotient of (a) the London Interbank Offered Rate for such LIBOR Loan for such Interest Period divided by (b) one minus the Eurocurrency Reserve Requirement for such Interest Period.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

  • Cash Interest Rate means the Federal Funds Effective Rate - the rate for that day opposite the caption “Federal Funds (Effective)” as set forth in the weekly statistical release designated as H.15 (519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • Class A-1 Interest Rate means 0.75000% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Bond Interest Rate means, with respect to any Tranche of Securitization Bonds, the rate at which interest accrues on the Securitization Bonds of such Tranche, as specified in the Series Supplement.

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • Class E Interest Rate means 4.99% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Stated Interest Rate “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”.