Relevant Reference Rate definition

Relevant Reference Rate means the SONIA rate (where "SONIA" is specified as the Reference Rate in the applicable Final Terms), the SOFR (where "SOFR" is specified as the Reference Rate in the applicable Final Terms), the SARON (where "SARON" is specified as the Reference Rate in the applicable Final Terms), the €STR (where "€STR" is specified as the Reference Rate in the applicable Final Terms) or the TONA rate (where "TONA" is specified as the Reference Rate in the applicable Final Terms);
Sample 1Sample 2Sample 3
Relevant Reference Rate means the XXXXX rate (where "XXXXX" is specified as the Reference Rate in the applicable Final Terms), the SOFR (where "SOFR" is specified as the Reference Rate in the applicable Final Terms), the SARON (where "SARON" is specified as the Reference Rate in the applicable Final Terms), the €STR (where "€STR" is specified as the Reference Rate in the applicable Final Terms) or the XXXX rate (where "XXXX" is specified as the Reference Rate in the applicable Final Terms);
Sample 1Sample 2Sample 3
Relevant Reference Rate means the SONIA Compounded Index or, if that reference rate has already been replaced as a result of any prior operation of this Condition3(5) (on any one or more occasions), the Successor Rate or Alternative Rate then applicable to determining Rates of Interest; and
Sample 1

Examples of Relevant Reference Rate in a sentence

  • Such Relevant Reference Rate will be that which appears on Reuters page LIBOR01 or Reuters page LIBOR02 (in the case of LIBOR) or Reuters page EURIBOR01 (in the case of EURIBOR) (or such other page or service as may replace it for the purpose of displaying the Relevant Reference Rate in the Specified Currency for a duration equal to the Interest Period).

  • Upon conclusion of the Event, ESFA shall prepare and deliver an accounting of all Event income, donations, costs and expense, including for Event insurance requirements.

  • Additionally, the Company’s “Marine” segment consist of outboard and jet boat engines, boats and related PA&A and other services.

  • Interest on the drawn funds is charged at 3.5% per annum over the Sterling Relevant Reference Rate, with the undrawn balance charged at an interest rate of 1.75% per annum over the Sterling Relevant Reference Rate.

Related to Relevant Reference Rate

  • Reset Reference Rate means in respect of a Reset Period, the gross redemption yield (as calculated by the Agent Bank on the basis set out by the United Kingdom Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 5, Section One: Price/Yield Formulae “Conventional Gilts”; Double dated and Undated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date (published 8 June 1998, as amended or updated from time to time) or if such basis is no longer in customary market usage at such time, in accordance with generally accepted market practice at such time, on a semi-annual compounding basis (rounded up (if necessary) to four decimal places) of the Benchmark Gilt in respect of that Reset Period, with the price of the Benchmark Gilt for the purpose of determining the gross redemption yield being the arithmetic average (rounded up (if necessary) to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the bid and offered prices of such Benchmark Gilt quoted by the Reset Reference Banks at 11.00 a.m. (London time) on the Reset Determination Date in respect of such Reset Period on a dealing basis for settlement on the next following dealing day in London. Such quotations shall be obtained by or on behalf of the Issuer and provided to the Agent Bank. If at least four quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two or three quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Rate will be determined by reference to the rounded quotation provided. If no quotations are provided, the Reset Reference Rate will be the previous Reset Reference Rate or (in the case of the first Reset Period) 1.581 per cent., where:

  • Reference Rate means the rate specified as such hereon.

  • 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.

  • 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:

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

  • 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.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Alternative Reference Rate means the rate that the Independent Adviser or the Issuer (as applicable) determines has replaced the relevant Reference Rate in customary market usage in the international debt capital markets for the purposes of determining rates of interest in respect of bonds denominated in the Specified Currency and of a comparable duration to the relevant Interest Period, or, if the Independent Adviser or the Issuer (as applicable) determines that there is no such rate, such other rate as the Independent Adviser or the Issuer (as applicable) determines in its discretion (acting in good faith and in a commercially reasonable manner) is most comparable to the relevant Reference Rate;

  • Applicable Commitment Fee Rate means:

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • Base Rate means, for any day, the rate per annum equal to the higher of (a) the Federal Funds Rate for such day plus one-half of one percent (0.5%) and (b) the Prime Rate for such day. Any change in the Base Rate due to a change in the Prime Rate or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate or Federal Funds Rate.

  • 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.