SERIES INTEREST RATE means each variable rate of interest per annum borne by a Series of Notes for each Auction Period and determined in accordance with the provisions of Sections 2.4 and 2.5 hereof; provided, however, that in the event of a Payment Default the Series Interest Rate shall equal the Non-Payment Rate; provided, further, however that such Series Interest Rate shall in no event exceed the Series Interest Rate Limitation.
SERIES INTEREST RATE means as of a given date with respect to a Series of Notes the rate of interest per annum at which interest accrues on such Series of Notes on such date.
SERIES INTEREST RATE means, with respect to a Series of Medium-Term Notes, the interest rate payable on the Principal Amount of such Series of Medium-Term Notes, as set forth in the related Series MTN Agreement (which may specify a higher interest rate on the Notes of such Series held by Noteholders purchasing a principal amount of the Notes of such Series greater than certain principal thresholds as specified in such Series MTN Agreement).
Examples of SERIES INTEREST RATE in a sentence
Such fees and expenses are subject to change at any time without your notification or approval, including upon the appointment of any Standby Series Mortgage Administrator pursuant to the Series Standby Mortgage Administration Agreement.THE SERIES CURRENCY SWAP PROVIDER, THE SERIES INTEREST RATE SWAP PROVIDER AND THE SERIES BASIS RATE SWAP PROVIDERBarclays Bank PLCBarclays Bank PLC is a public limited company registered in England and Wales under number 1026167.
SERIES INTEREST RATE The Principal Amount of the Notes of any Series will bear interest at the rate specified in the applicable Series PPM Supplement and will be payable on the Interest Payment Date(s) specified in such Series PPM Supplement.