Relevant Interest Rate definition

Relevant Interest Rate means RBS LIBOR or, in the case where a Transaction is to be, or has been, entered into under the Master Agreement and the Borrower has not made an election pursuant to Clause 4.4(b), TELERATE;

Relevant Interest Rate means such applicable interest rate as we may reasonably select from time to time which is appropriate to the currency of the outstanding amount or the Underlying Instruments (as applicable) as detailed on the daily statement.

Relevant Interest Rate means, the lesser of (1) 10% per annum and (2) the per annum weighted averaged of the preferred returns accrued by the investors in the Lender during the prior month, excluding the impacts of new amounts invested during a partial month, as determined by the Lender in good faith.

Examples of Relevant Interest Rate in a sentence

• Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate for that Interest Period, and (c) the Mandatory Cost Rate.

• Such Relevant Interest Rate shall be determined using the methodology and computation method specified in Schedule V hereto, as applicable; PROVIDED that, in the case of any delay in the Relevant Borrowing Date pursuant to Section 2.3, for the purpose of determining the Relevant Interest Rate, Relevant LIBOR shall be the Relevant LIBOR determined as of the second Business Day prior to the actual Relevant Borrowing Date for the Relevant Aircraft.

• Such Relevant Notes shall specify the Relevant Interest Rate and the amount of each installment (including the amounts of principal and, if the Relevant Interest Rate is a Fixed Rate, interest comprising such installment) for the Relevant Loan A or Relevant Export Credit Guarantee Loan evidenced thereby.

• Subject to the provisions of this Agreement, the rate of interest on an Advance in respect of the Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate for that Interest Period and (c) the Mandatory Cost Rate, if any.

• Such Relevant Loan Agreement shall specify for Loan A the Relevant Interest Rate and the amount of each installment (including the amounts of principal and interest comprising such installment), and for Loan B, the interest rate and amortization schedule.

More Definitions of Relevant Interest Rate

Relevant Interest Rate means the Benchmark Interest Rate or such higher interest rate as the Lender and the Borrower agree upon from time to time;

Relevant Interest Rate the rate per annum determined in accordance with Schedule V, based upon Relevant LIBOR.

Relevant Interest Rate means the best interest rate available to the Operator at the relevant time determined, unless otherwise agreed by the Authority, by reference to at least three (3) quotes from providers of finance (the identity of which shall be agreed in advance with the Authority).

Relevant Interest Rate means TELERATE, or, where TELERATE is not quoted for such Interest Period or where TELERATE is not elected pursuant to Section 2.06(d); RBS LIBOR.

Relevant Interest Rate means a rate of interest equal to the mean of the bid and offer swap rates for pounds sterling denominated fixed/floating interest rate swap transactions with a term equal to 20 years which appear on Reuters page ICAP2 (or such other page as may replace that page on that service for the purpose of displaying rates or prices comparable to the Relevant Interest Rate) under the heading GBP Swaps at 11.00 a.m. (London time) on the date of Completion provided that if the Relevant Interest Rate cannot be determined as aforesaid, then the Relevant Interest Rate shall be the arithmetic mean of the bid and offer swap rates (mid rates) quoted by five major dealers active in the pounds sterling interest rate swap market in London, selected by the Purchaser, as applying at approximately 11.00 a.m. (London time) on the date of Completion for a pounds sterling interest rate swap where payments on the fixed leg are made semi-annually and the floating leg is Six Month LIBOR with semi-annual payments, where interest is calculated on an Act/365 basis for the fixed leg and Act/365 basis for the floating leg and the swap has a term equal to 20 years. If five London dealers provide quotations as requested, the Relevant Interest Rate will be calculated by eliminating the highest mid rate (or, in the event of equality, one of the highest) and the lowest mid rate (or, in the event of equality, one of the lowest) and taking the arithmetic mean of the dealers' remaining quotations. If at least three, but fewer than five, London dealers provide mid rates, the Relevant Interest Rate will be the arithmetic mean of the quotations. If fewer than three quotations are provided as requested, the Relevant Interest Rate shall be agreed between the Purchaser and the Vendor; Relevant Person has the meaning ascribed to it in clause 9.31(a); Relevant Time is defined in clause 5.1;

Relevant Interest Rate means, with respect to any Relevant Loan, the sum of

Relevant Interest Rate means such applicable interest rate as we may reasonably select from �me to �me which is appropriate to the currency of the outstanding amount or the Underlying Instruments (as applicable) as detailed on the daily statement. ROLLOVER BENEFIT means a benefit you may receive on short Margin FX Contracts and CFDs held overnight and which is described in clause 13.5 of this Agreement; ROLLOVER CHARGE means a charge you may have to pay where you have a long FX Posi�on held overnight and which is described in clause 13.5 of this Agreement;