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;
Sample 1Sample 2
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);
Sample 1Sample 2Sample 3
Relevant Spread for a Transaction, shall have the meaning set forth in the applicable Confirmation.
Sample 1Sample 2

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.

  • The Borrower shall pay to IFC a commitment fee for each RBL Tranche and the Additional Term Tranche computed at forty per cent (40%) of the Relevant Spread for that RBL Tranche on that part of the Commitment for that RBL Tranche and the Additional Term Tranche which from time to time has not been disbursed or cancelled.

  • 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.

  • Details are shown as below: 31-Mar-22 30-Sep-21 On 22 October 2016, its subsidiary – United International Group Limited entered into a loan facilities agreement with International Finance Corporation (IFC) for principal amount of USD10.7 million with interest rate (Variable Interest Rate – sum of the Relevant Spread and LIBOR) and is repayable as per agreement.

  • 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.


More Definitions of Relevant Spread

Relevant Spread means 3.65% per annum;
Sample 1Sample 2
Relevant Spread with respect to each Senior Loan, has the meaning set forth in the Senior Loan Agreement relating to such Senior Loan;
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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.
Sample 1Sample 2
Relevant Spread the Relevant C2F Loan Spread and the Relevant IIC A Loan and IDB A Loan Spread;
Sample 1
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 (i) September 15, 2009, in the case of the A Loan and (ii) September 15, 2008, in the case of the B Loan; Amended and Restated Loan Agreement
Sample 1
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
Sample 1
Relevant Spread means (a) with respect to the IDB Invest A Loan, 4.9% per annum, (b) with respect to the IDB Invest B Loans, the rate per annum specified in the relevant B Loan Supplement and (c) with respect to the IDB A Loan, 4.9% per annum.
Sample 1