Range Accrual Reference Rate definition

Range Accrual Reference Rate means such reference rate as specified in the Applicable Final Terms, whereby such specified reference rate (i) which is a Fixed Rate Range Accrual Note or a Floating Rate Range Accrual shall be determined according to Condition 5(c)(iii)(A) or (B), whichever is so specified in the applicable Final Terms, or (ii) which is a CMS Range Accrual Note shall be determined according to Condition 5(c).
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Range Accrual Reference Rate means each of Range Accrual Reference Rate 1 and Range Accrual Reference Rate 2.
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Range Accrual Reference Rate means (i) LIBOR, (ii) EURIBOR, (iii) CDOR, (iv) CNH HIBOR, (v) HIBOR or (vi) Constant Maturity Swap, as specified in the applicable Final Terms.
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Examples of Range Accrual Reference Rate in a sentence

  • Where ISDA Determination is specified in the applicable Final Terms as the manner in which (i) the Rate of Interest is to be determined, the Rate of Interest for each Interest Accrual Period, or (ii) the Range Accrual Reference Rate for each Interest Accrual Period, shall be determined by the Calculation Agent as a rate equal to the relevant ISDA Rate.

  • The fewer the number of days the Range Accrual Reference Rate falls in this range during the relevant Interest Period, the lower the relevant interest in respect of such Interest Period.

  • Said Leased Premises is more particularly shown on Exhibit A and Exhibit B attached hereto and by this reference made a part hereof.

  • Feature (3): Range Accrual Securities with Interest Rate Threshold (long) The Number of Observation Dates in Range means the number of Observation Dates within the respective Interest Period for which the Range Accrual Reference Rate (e.g. the 3M- EURIBOR) is above the specified Interest Rate Threshold.

  • Feature (3): Range Accrual Securities with Interest Rate Threshold (long) The Number of Observation Dates out of Range means the number of Observation Dates within the respective Interest Period for which the Range Accrual Reference Rate (e.g. the 3M-EURIBOR) is below the specified Interest Rate Threshold.

  • This relation differs for the different variations of the Range Accrual Securities: Feature (1): Range Accrual Securities with Interest Rate Range If the Range Accrual Reference Rate moves towards the centre of the relevant Interest Rate Range, the market value of the Range Accrual Securities regularly rises.

  • If during the term of the Securities a Reference Rate Cessation Event occurs in respect of the Reference Rate or Range Accrual Reference Rate or Risk Free Rate, that is used in accordance with the Final Terms on or before a relevant Interest Determination Date or Fixing Date in respect of the relevant Securities, the relevant rate will be replaced by an economically appropriate replacement rate selected by the Calculation Agent in accordance with the Terms and Conditions of the Securities.

  • With respect to an Observation Date, the relevant Range Accrual Reference Rate will be determined on one or on a number of Banking Day(s) (e.g. two Banking Days) in accordance with the Terms and Conditions.

  • Feature (4): Range Accrual Securities with Interest Rate Threshold (short) The Number of Observation Dates in Range means the number of Observation Dates within the respective Interest Period for which the Range Accrual Reference Rate (e.g. the 3M- EURIBOR) is below the specified Interest Rate Threshold.

  • With respect to the Number of Observation Dates in Range, one of the following options may be selected in the Final Terms: Feature (1): Range Accrual Securities with Interest Rate Range The Number of Observation Dates in Range means the number of Observation Dates within the respective Interest Period for which the Range Accrual Reference Rate (e.g. the 3M- EURIBOR) is within the specified Interest Rate Range.


More Definitions of Range Accrual Reference Rate

Range Accrual Reference Rate means the rate specified as such in the relevant Pricing Supplement which appears on the Relevant Screen Page at or around the Relevant Time on the relevant day during the Interest Period, provided, however, that (i) if the Range Accrual Reference Rate cannot be determined on any London business day during the Interest Period, the Range Accrual Reference Rate for such day shall be the Range Accrual Reference Rate as determined on the preceding London business day on which the Range Accrual Reference Rate could be determined, and (ii) if "Fixed Range Accrual Reference Rate" is specified as applicable in the relevant Pricing Supplement, the Range Accrual Reference Rate for each London business day shall be the Range Accrual Reference Rate as determined on such relevant Interest Determination Date;
Sample 1
Range Accrual Reference Rate means (i) SONIA, (ii) LIBOR, (iii) EURIBOR, (iv) SOFR,
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Range Accrual Reference Rate means (i) EURIBOR, (ii) SONIA, (iii) SOFR, (iv) €STR, (v) SARON, (vi) TONA, (vii) CNH HIBOR or (viii) a constant maturity swap rate specified in the relevant Final Terms.
Sample 1
Range Accrual Reference Rate means, subject to Condition 4(m), (i) SONIA, (ii) EURIBOR,
Sample 1
Range Accrual Reference Rate means (i) LIBOR, (ii) EURIBOR, (iii) CDOR, (iv) CNH HIBOR, (v) HIBOR or (vi) Constant Maturity Swap, as specified in the applicable Pricing Supplement.
Sample 1

Related to Range Accrual Reference Rate

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the applicable Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Principal Paying Agent on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the Relevant Decimal Place:

  • €STR Reference Rate means, in respect of any TARGET Business Day, a reference rate equal to the daily Euro Short-Term Rate ("€STR") for such TARGET Business Day as provided by the European Central Bank, as administrator of such rate (or any successor administrator of such rate), on the website of the European Central Bank initially at http://www.ecb.europa.eu, or any successor website officially designated by the European Central Bank (the "ECB's Website") (in each case, at the time specified by, or determined in accordance with, the applicable methodology, policies or guidelines on the TARGET Business Day immediately following such TARGET Business Day).

  • Reset Reference Rate means, in relation to a Reset Determination Date and subject to Condition 5(b)(iii) and Condition 5(c)(v), if applicable:

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • 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;

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • 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.

  • Applicable Reference Rate means, collectively or individually, Term SOFR, Daily Compounded XXXXX, XXXXX or the EURIBOR Rate.

  • Adjusted Base Rate means the Base Rate plus the Applicable Percentage.

  • Class A-2a Interest Rate means [●]% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.835 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.940 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.045 % 1.045 % BBB by Standard & Poor’s Baa2 by Moody’s 0.150 % 1.150 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

  • Original Accrual Rate With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related Accounting Net Yield as of the Cut-off Date; and (ii) the related mortgage rate as of the Cut-off Date minus 0.35%.

  • Adjusted Lower Tier WAC For any Distribution Date (and the related Accrual Period), an amount equal to (i) two, multiplied by (ii) the weighted average of the interest rates for such Distribution Date for the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1, Class LT3-B2 and Class LT3-Q Interests, weighted in proportion to their Class Principal Amounts as of the beginning of the related Accrual Period and computed by subjecting the rate on the Class LT3-Q Interest to a cap of 0.00%, and by subjecting the rate on each of the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1 and Class LT3-B2 Interests to a cap that corresponds to the Certificate Interest Rate (determined by substituting the REMIC 3 Net Funds Cap for the applicable Net Funds Cap) for the Corresponding Class of Certificates; provided, however, that for each Class of LIBOR Certificates, the Certificate Interest Rate shall be multiplied by an amount equal to (a) the actual number of days in the Accrual Period, divided by (b) 30.

  • HICP Daily Inflation Reference Index means (A) in relation to the first day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

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

  • Class A-3 Interest Rate means 1.49% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2a Rate means [__]% per annum (computed on the basis of a 360 day year consisting of twelve 30 day months).

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Replacement Reference Rate means a reference rate which is:

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

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