Examples of Rate Multiplier in a sentence
If any Margin or Rate Multiplier is specified, an adjustment shall be made to the Interest Rate by adding such Margin or multiplying by such Rate Multiplier.If a maximum or minimum for any amount (such as an Interest Rate, Instalment Amount or Redemption Amount) is specified, then such amount shall, notwithstanding any other provision in these Conditions, be subject to such maximum or minimum.
Each CMS Rate Note will bear interest at a specified rate that will be reset periodically based on the CMS Rate and any Margin and Rate Multiplier.
The Interest Amount shall be calculated by applying the Rate of Interest adjusted, if necessary, by any Margin or Rate Multiplier to the minimum Specified Denomination, and multiplying such product by the applicable Day Count Fraction and rounding, if necessary, the resultant figure to the nearest sub-unit of the relevant currency.
The Rates Payable will be determined by the Uniform Business Rate Multiplier which is set by the Government annually.
The Interest Amount shall be calculated by applying the Rate of Interest adjusted, if necessary, by any Margin or Rate Multiplier to each Specified Denomination (in the case of Bearer Notes) and the minimum Specified Denomination (in the case of Registered Notes), and multiplying such product by the applicable Day Count Fraction and rounding, if necessary, the resultant figure to the nearest sub-unit of the relevant currency.