Party A Floating Rate definition

Party A Floating Rate. In respect of each Party A Calculation Period, Three-Month USD-LIBOR determined in respect of the first day of such Party A Calculation Period.
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Party A Floating Rate. In respect of each Party A Calculation Period, One-Month USD-LIBOR determined in respect of the first day of such Party A Calculation Period. Spread: -0.04 per cent. Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts:
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Party A Floating Rate. In respect of each Party A Calculation Period, Three-Month USD-LIBOR determined in respect of the first day of such Party A Calculation Period. Spread: 0.05 per cent. for Party A Calculation Periods commencing prior to the Quarterly Interest Payment Date falling in January 2013 and 0.10 per cent. thereafter. Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts: Party B Currency In respect of each Party B Calculation Amount: Period, an amount in Sterling equivalent to the Party A Currency Amount for the Party A Calculation Period commencing on the first day of such Party B Calculation Period converted by reference to the Currency Exchange Rate.
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Examples of Party A Floating Rate in a sentence

  • The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party A Floating Rate (excluding the Spread)) and the Party A Floating Amount due on such date will be deemed to include such amounts.

  • The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date (together with an additional floating amount accrued thereon at the applicable Party A Floating Rate) and the Party A Floating Amount due on such date will be deemed to include such amounts.

  • The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date subject to further deferral (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party A Floating Rate (excluding the Spread)) and the Party A Floating Amount due on such date will be deemed to include such amounts.

  • Accordingly, on such Party A Floating Rate Payer Payment Date, Party A shall pay the Party A Floating Rate Amount as well as the Additional Party A Amount.

  • The obligation of Party A to pay the Party A Floating Rate Amount on any Party A Floating Rate Payer Payment Date will be increased by an amount (the "ADDITIONAL PARTY A AMOUNT") equal to the Party A Floating Rate Amount otherwise payable on such Party A Floating Rate Payer Payment Date (prior to any adjustment thereof in accordance with this Section 3.2) multiplied by the Increase Ratio.

  • The obligation of Party A to pay the Party A Floating Rate Amount on any Party A Floating Rate Payer Payment Date will be reduced by an amount equal to the Party A Floating Rate Amount otherwise payable on such Party A Floating Rate Payer Payment Date (prior to any adjustment thereof in accordance with this Section 3.2) multiplied by the Reduction Ratio.

  • Any such amount so deferred on the Party A Floating Amount shall be payable on the next Party A Payment Date (together with an additional floating amount accrued thereon at the applicable Party A Floating Rate) and the Party A Floating Amount due on such date shall be deemed to include such amounts.

  • The amount so deferred on the Party A Floating Amount shall be payable on the next Party A Floating Amount Payment Date (together with an additional floating amount accrued thereon at the applicable Party A Floating Rate) and the Party A Floating Amount due on such date shall be deemed to include such amounts.

  • Floating Rate Payer: Party A Floating Rate: The greater of (a) 0% and (b) USD-LIBOR-BBA with a Designated Maturity of one month minus the Strike Rate (as set forth in Schedule A).

  • The obligation of Party A to pay the Party A Floating Rate Amount on any Party A Floating Rate Payer Payment Date will be increased by an amount (the "Additional Party A Amount") equal to the Party A Floating Rate Amount otherwise payable on such Party A Floating Rate Payer Payment Date (prior to any adjustment thereof in accordance with this Section 3.2) multiplied by the Increase Ratio.


More Definitions of Party A Floating Rate

Party A Floating Rate. In respect of each Party A Calculation Period, EURIBOR determined in respect of the first day of such Party A Calculation Period. Spread: 0.15 per cent. for Party A Calculation Periods commencing prior to the Quarterly Interest Payment Date falling in April 2013 and 0.30 per cent. thereafter. Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts:
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Party A Floating Rate. In respect of each Party A Calculation Period, One-Month USD-LIBOR determined in respect of the first day of such Party A Calculation Period. Spread: {circle} per cent. Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts: Party B Currency Amount: In respect of each Party B Calculation Period, an amount in Sterling equivalent to the Party A Currency Amount for the Party A Calculation Period commencing on the first day of such Party B Calculation Period converted by reference to the Dollar Currency Exchange Rate.
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Party A Floating Rate. In respect of each Party A Calculation Period, Three-Month USD-LIBOR determined in respect of the first day of such Party A Calculation Period.5 Spread: * per cent. [for Party A Calculation Periods commencing prior to the Quarterly Interest Payment Date falling in * and * per cent. thereafter.] Party A Floating Rate Day Count Fraction: Actual/360 ---------------------- 4 In Series 1 Class A swap, language to be replaced with "The * day of each month from and including l, 2006 up to and including the Termination Date, provided that upon the occurrence of a Trigger Event or the enforcement of the Master Issuer Security in accordance with the Master Issuer Deed of Charge, the Party A Payment Date shall occur on each Quarterly Interest Payment Date from and including the first Quarterly Interest Payment following the occurrence of such Trigger Event or such enforcement of the Master Issuer Security, as applicable, up to and including the Termination Date." 5 In Series 1 Class A swap, One-Month USD-LIBOR will apply. Party B Floating Amounts:
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Party A Floating Rate. Hybrid Rate
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Party A Floating Rate. In respect of each Party A Calculation Period, CAD-BA determined in respect of the first day of such Party A Calculation Period. Spread: 0.055 per cent. for Party A Calculation Periods commencing prior to the Quarterly Interest Payment Date falling in April 2013 and 0.11 per cent. thereafter. Party A Floating Rate Day Count Fraction: Actual/365 (Fixed) Party B Floating Amounts:
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Party A Floating Rate means the annual interest rate that results from dividing (i) the sum of the Interest Collection Proceeds relating to the Purchased Receivables that are Eligible Receivables received during the immediately preceding Calculation Period, as reduced by (a) all Collections in respect of Defaulted Receivables or Delinquent Receivables received during such Calculation Period and (b) all amounts paid by the Fund in priority to the Unit Interest Distributions from such Interest Collection Proceeds in accordance with the Unit Interest Distribution Payments Priorities by (ii) the Floating Rate Payer Notional Amount, all of which shall be multiplied by the result of dividing 360 by the number of days in the relevant Calculation Period. If the Swap Agreement is terminated prior to the redemption of the Notes in full, a termination payment may be due between the parties thereunder. The Swap Agreement provides that, to the extent that the Issuer does not have sufficient funds available to make any payment to the Swap Counterparty under the Interest Rate Swap Transaction, on its due date (having taken into account the netting provisions applied under the ISDA Master Agreement) such obligation shall be deferred until such payment is actually made. Such failure shall not constitute a ground for termination of the Swap Agreement. The Swap Agreement, unless previously terminated, shall terminate on the Final Legal Maturity Date, including, but without limitation, in circumstances where payment of principal and interest on the Notes has been made in full on or before the Final Legal Maturity Date, in which case the Swap Agreement shall terminate on the date on which such payment is made in full. Swap Counterparty: Downgrade Event If the rating of the Swap Counterparty falls below the relevant rating specified in the Swap Agreement, at any time, then the Swap Counterparty will be required within the time period specified in the Swap Agreement to take certain remedial measures as set out in the Swap Agreement which include:
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Related to Party A Floating Rate

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Floating Rate means, for any day, a rate per annum equal to (i) the Alternate Base Rate for such day plus (ii) the Applicable Margin, in each case changing when and as the Alternate Base Rate changes.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • Floating Rate Note means a Note on which interest is calculated at a floating rate, payable in arrear on one or more Interest Payment Dates in each year as may be agreed between the Issuer and the relevant Dealer, as indicated in the applicable Final Terms;

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Funding Rate means any individual rate notified by a Lender to the Facility Agent pursuant to sub-paragraph (ii) of paragraph (a) of Clause 10.3 (Cost of funds).

  • Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Floating Rate Obligation Any Collateral Obligation that bears a floating rate of interest.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Floating Rate Certificate A Certificate that provides for the payment of interest at a Floating Pass-Through Rate determined periodically by reference to a formula specified in the related Supplement.

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Floating Interest Rate means: (a) initially Three-Month Term SOFR (as defined below). (b) Notwithstanding the foregoing clause (i) of this Section 2(b): (i) If the Calculation Agent, determines prior to the relevant Floating Interest Determination Date that a Benchmark Transition Event and its related Benchmark Replacement Date (each of such terms as defined below) have occurred with respect to Three-Month Term SOFR, then the Company shall promptly provide notice of such determination to the Holders and Section 2(c) (Effect of Benchmark Transition Event) will thereafter apply to all determinations, calculations and quotations made or obtained for the purposes of calculating the Floating Interest Rate payable on the Subordinated Notes during a relevant Floating Interest Period. (ii) However, if the Calculation Agent, determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect to Three-Month Term SOFR, but for any reason the Benchmark Replacement has not been determined as of the relevant Floating Interest Determination Date, the Floating Interest Rate for the applicable Floating Interest Period will be equal to the Floating Interest Rate on the last Floating Interest Determination Date for the Subordinated Notes, as determined by the Calculation Agent (as defined below). (iii) If the then-current Benchmark is Three-Month Term SOFR and any of the foregoing provisions concerning the calculation of the interest rate and the payment of interest during the Floating Interest Period are inconsistent with any of the Three-Month Term SOFR Conventions determined by the Company, then the relevant Three-Month Term SOFR Conventions will apply.

  • Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Bund Rate means, as of any redemption date, the rate per annum equal to the equivalent yield to maturity as of such redemption date of the Comparable German Bund Issue, assuming a price for the Comparable German Bund Issue (expressed as a percentage of its principal amount) equal to the Comparable German Bund Price for such relevant date, where:

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • 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