Rate Type definition

Rate Type means the Offshore Rate, the Base Rate or the CP Rate.

Rate Type means the Adjusted LIBO Rate, the Base Rate or the CP Rate.

Rate Type means the type of tariff that is applied to the Transmission Service, based on the period for which the Transmission Service with a determined term is subscribed, as set out in Subscription & Allocation of Services (ACT – attachment B). The Rate Type of a Transmission Service is either Yearly or Seasonal or Short Term.

Examples of Rate Type in a sentence

• Interest in respect of any Loan hereunder shall accrue from and including the date of such Loan to, but excluding, the date on which such Loan is paid or refinanced with a Loan of a different Interest Rate Type.

• If no election as to the Interest Rate Type of a Revolving Credit Borrowing is specified in any such notice, then the requested Revolving Credit Borrowing shall be an ABR Borrowing.

• For purposes of the calculation required by the immediately preceding sentence, LIBOR Revolving Credit Loans having different Interest Periods, regardless of whether they commence on the same date, shall be considered separate Loans and all Loans of a single Interest Rate Type made on a single date shall be considered a single Loan if such Loans have a common Interest Period.

• At any time, each Portion of Investment shall have only one Rate Period and one Rate Type.

• See the Schedule of Interest Rate Type Provisions for additional provisions, if any, specific to the Interest Rate Type.

More Definitions of Rate Type

Rate Type is defined in Section 2.4.

Rate Type means the Alternative Rate, the Base Rate or the CP Rate.

Rate Type means the Eurodollar Rate, the Base Rate or the CP Rate.

Rate Type means the Interest Rate Type for the Base Currency and the Interest Rate Type for the Quote Currency set by agreement of the Contracting Parties and recorded in the Confirmation, in particular the Fixed and Floating Rate.

Rate Type means the LIBOR Rate, the CDOR Rate, the Cost of Funds Rate, the Reference Rate or the CP Rate.

Rate Type. As defined in Section 2.4. Rating Agencies: Collectively, Fitch, Moody’s and S&P.

Rate Type means the Adjusted Eurocurrency Rate, Term SOFR, the Base Rate or the CP Rate.