Reference Rate2 definition

Reference Rate2 means "CMS10", where
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Reference Rate2 means USD CMS 10y, subject to a Maximum Reference Rate2;
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Reference Rate2 means EUR CMS 20y, subject to a Maximum Reference Rate2;
Sample 1

Examples of Reference Rate2 in a sentence

  • On the other hand, if the Range Accrual Reference Rate1 falls or the Range Accrual Reference Rate2 rises, respectively, the market value of the Range Accrual Securities regularly rises.

  • Feature (6): Dual Range Accrual Securities with Interest Rate Threshold (long/short) If the Range Accrual Reference Rate1 rises or the Range Accrual Reference Rate2 falls, respectively, the market value of the Range Accrual Securities regularly rises.

  • On the other hand, if the Range Accrual Reference Rate1 falls or the Range Accrual Reference Rate2 rises, respectively, the market value of the Range Accrual Securities regularly falls.

  • Feature (8): Dual Range Accrual Securities with Interest Rate Threshold (short/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 Rate1 (e.g. the 3M- EURIBOR) is below the specified Interest Rate Threshold1 and the Range Accrual Reference Rate2 (e.g. the 3M-WIBOR) is below the specified Interest Rate Threshold2.

  • Feature (7): Dual Range Accrual Securities with Interest Rate Threshold (short/long) If the Range Accrual Reference Rate1 rises or the Range Accrual Reference Rate2 falls, respectively, the market value of the Range Accrual Securities regularly falls.

  • Feature (7): Dual Range Accrual Securities with Interest Rate Threshold (short/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 Rate1 (e.g. the 3M-EURIBOR) is above the specified Interest Rate Threshold1 and the Range Accrual Reference Rate2 (e.g. the 3M-WIBOR) is below the specified Interest Rate Threshold2.

  • Feature (5): Dual Range Accrual Securities with Interest Rate Threshold (long/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 Rate1 (e.g. the 3M-EURIBOR) is below the specified Interest Rate Threshold1 and the Range Accrual Reference Rate2 (e.g. the 3M-WIBOR) is below the specified Interest Rate Threshold2.

  • Feature (7): Dual Range Accrual Securities with Interest Rate Threshold (short/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 Rate1 (e.g. the 3M- EURIBOR) is below the specified Interest Rate Threshold1 and the Range Accrual Reference Rate2 (e.g. the 3M-WIBOR) is above the specified Interest Rate Threshold2.

  • Feature (5): Dual Range Accrual Securities with Interest Rate Threshold (long/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 Rate1 (e.g. the 3M- EURIBOR) is above the specified Interest Rate Threshold1 and the Range Accrual Reference Rate2 (e.g. the 3M-WIBOR) is above the specified Interest Rate Threshold2.

  • Feature (8): Dual Range Accrual Securities with Interest Rate Threshold (short/short) 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 Rate1 (e.g. the 3M-EURIBOR) is above the specified Interest Rate Threshold1 and the Range Accrual Reference Rate2 (e.g. the 3M-WIBOR) is above the specified Interest Rate Threshold2.


More Definitions of Reference Rate2

Reference Rate2 means [] [month][year]-[EURIBOR (Euro In- terbank Overnight Rate)] [[Insert Currency] [LIBOR (London Inter- bank Overnight Rate)]] (Screen Page: [Insert]).]]
Sample 1

Related to Reference Rate2

  • Reference Rate means the rate specified as such hereon.

  • 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

  • €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:

  • 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:

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

  • Successor Reference Rate means the rate that the relevant Independent Adviser determines is a successor to or replacement of the Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Replacement Reference Rate means a reference rate which is:

  • 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.

  • Reference Rate of Interest Event means, with respect to the Swap Rate or any subsequent Reference Rate of Interest (the "Reference Rate of Interest") one of the following events:

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

  • LIBO Base Rate means with respect to each day an Advance is outstanding (or if such day is not a Business Day, the next succeeding Business Day), the rate per annum equal to the rate published by Bloomberg or if such rate is not available, the rate appearing at page 3750 of the Telerate Screen as one-month LIBOR on such date, and if such rate shall not be so quoted, the rate per annum at which the Lender is offered Dollar deposits at or about 11:00 A.M., eastern time, on such date by prime banks in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations in respect of its Advances are then being conducted for delivery on such day for a period of one month and in an amount comparable to the amount of the Advances to be outstanding on such day.

  • Prime Rate Spread means the difference (expressed as the number of basis points) between (a) LIBOR plus the Spread on the date LIBOR was last applicable to the Loan and (b) the Prime Rate on the date that LIBOR was last applicable to the Loan; provided, however, in no event shall such difference be a negative number.

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Prime Rate Margin is one-half of one percent (0.50%).”

  • 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%.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • EURIBOR Rate has the meaning specified in the definition of “Eurocurrency Rate”.

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • 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.

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • 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.

  • Curr Rate CLTV: Prin Bal: Maturity Date: Lien Pos: 4096851 CA 300 14 131995.17 52000 586.09 701 409685100000000 8 299 1 152000 12/07/2000 42 XXXXXXXXX 00000 2 12.990 122 51976.81 12/13/2025 2 4096852 WI 300 14 114701.82 47200 586.31 669 409685200000000 8 299 1 143000 12/07/2000 46 KENOSHA 53143 2 14.500 114 47184.02 12/13/2025 2 4096853 NY 180 14 71476 18000 227.63 701 409685300000000 6 179 1 71900 12/07/2000 40 SYRACUSE 13212 2 12.990 125 17967.22 12/13/2015 2 4096854 LA 180 14 74040.09 25000 349.73 663 409685400000000 6 179 1 82000 12/07/2000 00 XXXX XXXXXX 00000 2 14.990 121 24962.56 12/13/2015 2 4096857 MO 301 14 152510.3 44500 561.36 685 409685700000000 8 299 1 160000 11/30/2000 47 O'FALLON 63366 2 14.750 124 44485.62 12/08/2025 2 4096858 MI 240 14 143231.7 50000 649.18 684 409685800000000 9 239 1 160000 12/07/2000 47 XXXXXXXXXX XXXXX 00000 2 14.750 121 49965.4 12/13/2020 2 4096859 MN 300 14 144985.47 39600 499.55 675 409685900000000 8 299 1 152000 12/05/2000 45 XXXXXX XXXX 00000 2 14.750 122 39587.2 12/11/2025 2 4096860 NY 300 14 61663 25000 320.02 662 409686000000000 8 299 1 73000 12/07/2000 37 NEWBURGH 12550 2 14.990 119 24992.27 12/13/2025 2 4096861 GA 300 14 105425.2 35000 421.05 682 409686100000000 8 299 1 145000 12/04/2000 46 XXXXX XXXXX 00000 2 13.990 97 34986.99 12/08/2025 2 4096862 CA 180 14 139196.02 48950 639.61 719 409686200000000 6 179 1 172500 12/07/2000 40 MANTECA 95337 2 13.630 110 48865.79 12/13/2015 2 4096863 RI 300 14 73031.81 45500 534.7 704 409686300000000 8 299 1 95000 12/06/2000 45 WARWICK 2889 2 13.630 125 45481.91 12/12/2025 2 4096864 TN 180 4 67449.68 26500 407.65 644 409686400000000 6 179 1 79000 12/07/2000 37 XXXXXXX CITY 37615 2 16.990 119 26467.55 12/13/2015 2 4096866 ND 180 14 82471.06 35000 477.93 686 409686600000000 6 179 1 100000 12/04/2000 39 NORWICH 58768 2 14.500 118 34944.99 12/08/2015 2 4096867 MO 180 14 100576 35000 538.41 641 409686700000000 6 179 1 118500 12/05/2000 40 LEES SUMMIT 64081 2 16.990 115 34957.13 12/11/2015 2 4096868 IL 300 14 126816.92 40500 479.79 664 409686800000000 8 299 1 134000 12/06/2000 50 ALGONQUIN 60102 2 13.750 125 40364.06 12/13/2025 2 4096869 WA 180 14 127607.19 47300 661.69 665 409686900000000 6 179 1 140000 12/05/2000 44 RICHLAND 99352 2 14.990 125 47225.86 12/11/2015 2 Page 242 of 409