Reference Yield definition

Reference Yield means, as of any date of determination, a rate per annum, as determined by the Calculation Agent in a commercially reasonable manner, equal to the sum of:
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Reference Yield shall have the meaning assigned that term in Section 2.13(a).
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Reference Yield. The weighted yield used for the valuation of the securities as set out in Appendix I A; "Repurchase Date" The date on which the Securities subject to a Repurchase Transaction are sold back against payment to the buyer;
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Examples of Reference Yield in a sentence

  • The discount rate applied to the expected annuity payments shall be the Reference Yield.

  • The sum of the Fixed Spread and the Reference Yield is referred to as the “Repurchase Yield.”Holders of any 2045 Notes that are validly tendered at or prior to the Early Tender Date and that are accepted for purchase will receive the Total Consideration.

  • The Reference Yield and the Offer Yield, as such terms are used in the Offer to Purchase and Consent Solicitation Statement, are 1.321% and 1.821%, respectively.

  • The discount rate applied to these payments shall be the Reference Yield.

  • The discount rate applied to these projected payments shall be the Reference Yield.

  • The discount rate applied to the committed consulting fees shall be the Reference Yield.

  • Hypothetical Tender Consideration and Hypothetical Total Consideration for all other series of Notes, based on the Reference Yield (as defined herein) of the Reference Treasury Security (as set forth above) as of 2:00 p.m., New York City time on March 3, 2014 and an Early Settlement Date (as defined herein) on March 18, 2014.

  • The actual Total Consideration will be based on the Fixed Spread added to the Reference Yield as of the Price Determination Time.

  • Although the Total Purchase Price will be calculated based solely on the UST Reference Yield (determined as described above), information regarding the closing yield to maturity of the UST Reference Security on any trading day may also be found in The Wall Street Journal and The New York Times.

  • The Offerors anticipate determining the Reference Yield and Total Consideration (each as defined in the Offer to Purchase) for the Tender Offer at approximately 2:00 p.m., New York City time, on December 28, 2017.


More Definitions of Reference Yield

Reference Yield means 5.11680%.
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Reference Yield means 6.1125%.
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Related to Reference Yield

  • Effective Yield means, as to any Indebtedness, the effective yield on such Indebtedness in the reasonable determination of the Administrative Agent in consultation with the Borrower and consistent with generally accepted financial practices, taking into account the applicable interest rate margins, any interest rate floors (the effect of which floors shall be determined in a manner set forth in the proviso below), or similar devices and all fees, including upfront or similar fees or original issue discount (amortized over the shorter of (i) the remaining weighted average life to maturity of such Indebtedness and (ii) the four years following the date of incurrence thereof) payable generally to Lenders or other institutions providing such Indebtedness in connection with the initial primary syndication thereof, but excluding any arrangement, structuring, ticking, or other similar fees payable in connection therewith that are not generally shared with the relevant Lenders and, if applicable, consent fees for an amendment paid generally to consenting Lenders; provided that with respect to any Indebtedness that includes a “LIBOR floor” or “ABR floor,” (a) to the extent that the Adjusted LIBOR Rate (with an Interest Period of three months) or ABR (without giving effect to any floors in such definitions), as applicable, on the date that the Effective Yield is being calculated is less than such floor, the amount of such difference shall be deemed added to the interest rate margin for such Indebtedness for the purpose of calculating the Effective Yield and (b) to the extent that the Adjusted LIBOR Rate (with an Interest Period of three months) or ABR (without giving effect to any floors in such definitions), as applicable, on the date that the Effective Yield is being calculated is greater than such floor, then the floor shall be disregarded in calculating the Effective Yield.

  • Applicable Margin means: