Relevant Spread definition

Relevant Spread means (i) with respect to each A Loan, 5.50% per annum, and (ii) with respect to each B Loan, 5.00% per annum;

Relevant Spread means 4.70% per annum, which shall be increased to 4.95% from the date and so long as the Borrower is not in compliance with Section 5.01(q) (Perfection of Security);

Relevant Spread for a Transaction, shall have the meaning set forth in the applicable Confirmation.

Examples of Relevant Spread in a sentence

• If the Pricing Rate is specified in the applicable Confirmation to be LIBOR plus a Relevant Spread, the Pricing Rate will be reset on each Reset Date.

• Liquid Funding, Ltd., Canon’s Court, 00 Xxxxxxxx Xxxxxx, Xxxxxxxx XX 12, Bermuda Purchased CBOS Ratings Categories * Pricing Rate (including Relevant Spread) BBB+/Baal/BBB+ to BBB-/Baa3/BBB- [****] * The foregoing ratings are as published by Xxxxx’x Investors Service, Inc., Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies, Inc.

• Purchased CMBS Ratings Categories * Pricing Rate (including Relevant Spread) BBB+/Baal/BBB+ to BBB/Baa2/BBB [****] BBB-/Baa3/BBB- [****] BB+/Bal/BB+ to BB-/Ba3/BB- [****] B+/Bl/B+ to B-/B3/B- [****] Below B-/B3/B- [****] **** Material omitted pursuant to a request for confidential treatment under Rule 24b-2 of the Exchange Act of 1934.

• A rate reset provision providing for adjustment of the initial dividend rate ten years after original issuance based on the formula included in the Registration Statement (provided that the dividend rate shall not in any event be greater than 8% per annum), and for this purpose the Relevant Spread will be % [i.e., the initial credit spread], and the Relevant Ten Year Reset Rate will be .

More Definitions of Relevant Spread

Relevant Spread means the amount in excess of the Treasury Rate that is used in determining the Discounted Present Value, as provided in Section 20 hereof.

Relevant Spread means 3.65% per annum;

Relevant Spread with respect to each Senior Loan, has the meaning set forth in the Senior Loan Agreement relating to such Senior Loan;

Relevant Spread means for each Purchased Security the applicable amount set forth below corresponding to the Ratings Category for such Purchased Security as of the Purchase Date and on each subsequent Reset Date: Ratings Category Ba1/BB+/BB+ 1.25% or above Ba2/BB/BB 1.25% Ba3/BB-/BB- 1.25% B1/B+/B+ 1.75% B2/B/B 1.75% B3/B-/B- 1.75% Below B3/B-/B-or 2.25% Not Rated

Relevant Spread the Relevant C2F Loan Spread and the Relevant IIC A Loan and IDB A Loan Spread; “Second Adjusted C2F

Relevant Spread three and one-half per cent (3.5%) per annum; provided, that the "Relevant Spread" shall equal four per cent (4%) per annum for each Interest Period beginning on or after September 15, 2008;

Relevant Spread means, collectively, the Relevant Spread for the IFC Tranche and the Relevant Spread for the Parallel Tranche; “Relevant Spread for the IFC Tranche” means 4.25% per annum; “Relevant Spread for the Parallel Tranche” means 4.00% per annum; “Restructured IFC Loan Agreements” means, collectively, (i) the Amended and Restated IFC Long-Term Loan Agreement, and (ii) the Amended and Restated IFC Subordinated Loan Agreement;