TCM Rate definition

TCM Rate means an interest rate per annum equal to one and one-quarter percent (1.25%) in excess of the yield in percent per annum as shown for three (3) year Treasury constant maturities, on the most recent Federal Reserve statistical release H.15(519) available to Lender two (2) Business Days before the Term Conversion Date.
Sample 1

Related to TCM Rate

  • Minimum Rate With respect to each ARM Loan, the rate per annum set forth in the related Mortgage Note as the minimum Note Rate thereunder. The Minimum Rate as to each ARM Loan is set forth on the related Mortgage Loan Schedule.

  • Term Rate means the per annum interest rate with respect to Bonds in the Term Rate Mode determined pursuant to Section 2.09.

  • Maximum Rate shall have the meaning assigned to such term in Section 9.09.

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Premium Rate has the meaning assigned to such term in the Premium Letter.

  • Maximum Rate of Interest It is intended that the rate of interest hereon shall never exceed the maximum rate, if any, which may be legally charged on the loan evidenced by this Note ("Maximum Rate"), and if the provisions for interest contained in this Note would result in a rate higher than the Maximum Rate, interest shall nevertheless be limited to the Maximum Rate and any amounts which may be paid toward interest in excess of the Maximum Rate shall be applied to the reduction of principal, or, at the option of HSBC, returned to the Company.

  • Excess Rate With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Minimum Rate Period means any Rate Period consisting of 7 Rate Period Days.

  • SOFR Rate means the rate that will be obtained by the Paying Agent for each Interest Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, means, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • 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;

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Maximum Net Mortgage Rate As to any Mortgage Loan and any date of determination, the Maximum Mortgage Rate for such Mortgage Loan minus the per annum rate at which the Servicing Fee is calculated.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Curr Rate CLTV: Prin Bal: Maturity Date: Lien Pos: 4075415 AL 241 14 140052 50000 621.76 686 407541500000000 9 240 1 154000 12/01/2000 33 BIRMINGHAM 35215 2 14.000 124 50000 01/01/2021 2 4075418 CO 241 14 117805 67000 784.96 702 4075419 MD 300 14 87761 16000 200.29 662 407541900000000 8 299 1 92000 12/01/2000 20 BALTIMORE 21207 2 14.630 113 15994.74 12/01/2025 2 4075421 AL 180 14 110896 50000 678.51 681 407542100000000 6 179 1 150000 12/01/2000 00 XXXXXX XXXX 00000 2 14.380 108 49839.95 12/01/2015 2 4075460 AL 300 14 124000 50000 664.76 675 407546000000000 8 298 1 146000 11/22/2000 35 Meridianville 35759 2 15.630 120 49986.28 11/28/2025 2 4075484 FL 180 14 60764 50000 612.2 733 407548400000000 6 178 1 90393 11/06/2000 33 Xxxx Xxxxx 32444 2 12.380 123 49805.86 11/10/2015 2 4075515 MA 300 14 75075 31000 372.93 679 407551500000000 8 297 1 86000 10/03/2000 37 Clarksburg 1247 2 13.990 124 30976.81 10/11/2025 2 4075641 FL 181 14 144620 22000 294.83 694 407564100000000 6 178 1 160000 10/31/2000 39 Tallahasse 32308 2 14.130 105 21928.61 11/06/2015 2 4075710 VA 300 14 91911 22250 234.18 759 407571000000000 8 298 1 95000 11/06/2000 29 Xxxxxxxx Xxxxx 00000 2 11.990 121 22226.12 11/13/2025 2 4075759 IL 181 14 72639 34977 489.29 688 407575900000000 6 179 1 112900 11/24/2000 37 Xxxxxxx 60194 2 14.990 96 34853.23 12/01/2015 2 4075781 AL 241 14 212273 60000 757.03 680 407578100000000 9 239 1 247500 11/29/2000 38 Blountsville 35031 2 14.250 111 59902.5 12/04/2020 2 4075867 MD 301 14 128025 44400 526 714 407586700000000 8 298 1 147000 10/26/2000 37 Brandywine 20613 2 13.750 118 44365.31 11/01/2025 2 4075949 MD 300 14 100354 35000 378.36 737 407594900000000 8 298 1 120000 11/14/2000 00 Xxxxx Xxxx 00000 2 12.380 113 34963.33 11/20/2025 2 4075984 OK 181 14 61581 15000 187.33 747 407598400000000 6 179 1 77000 11/17/2000 36 CHELSEA 74016 2 12.750 100 14937.62 12/01/2015 2 4075986 KS 180 14 56000 19084.83 250.96 710 407598600000000 6 178 1 61200 11/08/2000 29 Schoenchen 67667 2 13.750 123 19050.13 11/15/2015 2 4076005 PA 181 14 100184 15000 208.66 673 407600500000000 6 178 1 105800 10/23/2000 48 Littlestown 17340 2 14.880 109 14954.28 11/01/2015 2

  • Contract Rate means, with respect to a Receivable, the rate per annum at which interest accrues under the Contract evidencing such Receivable. Such rate may be less than the “Annual Percentage Rate” disclosed in the Receivable.

  • FX Rate means the “noon exchange rate” as reported by the Bank of Canada on any relevant date or if applicable, the rate calculated by the Calculation Agent, between the Canadian dollar and the foreign currencies into which some Reference Shares are denominated, expressed as the amount of Canadian dollars per one unit of foreign currency.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

  • Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.

  • Highest Lawful Rate means the maximum lawful interest rate, if any, that at any time or from time to time may be contracted for, charged, or received under the laws applicable to any Lender which are presently in effect or, to the extent allowed by law, under such applicable laws which may hereafter be in effect and which allow a higher maximum nonusurious interest rate than applicable laws now allow.

  • Maximum Rate Cap Any of the Class A-1 Maximum Rate Cap, the Class A-2 Maximum Rate Cap or the Weighted Average Maximum Rate Cap.

  • Yield Rate means, (i) with respect to any Eligible Treasury Security on deposit at any time in either of the Paired Holding Trusts, the stated interest rate of such Eligible Treasury, if any, or any discount rate applicable to such Eligible Treasury, based on the purchase date and purchase price at which the applicable Paired Holding Trust acquired that Eligible Treasury, and (ii) with respect to any Eligible Treasury Repurchase Agreement, the difference between the repurchase price and the purchase price paid under such agreement, with such difference expressed as a percentage of such purchase price.

  • additional rate means the additional rate levied by the City of Cape Town on rateable properties within the designated boundaries of the Special Rating Area for purposes of raising funds for improving and upgrading that area, subject to any exemptions or permissible differentiation between categories of property, as contemplated in section 22(1) of the Rates Act, read with sections 8(1) and 12(2) of the By-Law;

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Default Interest Rate is two percent above the base lending rate of Barclays Bank PLC, as varied from time to time;