Reference Rate means the rate specified as such hereon.
Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:
U.S. Base Rate means, on any day, the annual rate of interest equal to the greater of (a) the annual rate of interest announced by a commercial Canadian bank selected by the Lender and in effect as its base rate at its principal office in Toronto, Ontario on such day for determining interest rates on Dollar demand commercial loans in Canada, and (b) the sum of the Federal Funds (Effective) Rate plus 0.50% per annum.
€STR Reference Rate means, in respect of any TARGET Business Day, a reference rate equal to the daily Euro Short-Term Rate ("€STR") for such TARGET Business Day as provided by the European Central Bank, as administrator of such rate (or any successor administrator of such rate), on the website of the European Central Bank initially at http://www.ecb.europa.eu, or any successor website officially designated by the European Central Bank (the "ECB's Website") (in each case, at the time specified by, or determined in accordance with, the applicable methodology, policies or guidelines on the TARGET Business Day immediately following such TARGET Business Day).
CD Base Rate has the meaning set forth in Section 2.07(b).
Lease Rate means for each 2016-1 Lease, the rent charge portion of each Monthly Payment, calculated on a constant yield basis at an imputed interest rate.
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 relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:
LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.
Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.
LIBO Base Rate means with respect to each day an Advance is outstanding (or if such day is not a Business Day, the next succeeding Business Day), the rate per annum equal to the rate published by Bloomberg or if such rate is not available, the rate appearing at page 3750 of the Telerate Screen as one-month LIBOR on such date, and if such rate shall not be so quoted, the rate per annum at which the Lender is offered Dollar deposits at or about 11:00 A.M., eastern time, on such date by prime banks in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations in respect of its Advances are then being conducted for delivery on such day for a period of one month and in an amount comparable to the amount of the Advances to be outstanding on such day.
SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day:
Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.
SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and
Fixed Base Rate means, for each Disbursed Amount, the equivalent of the London interbank offered rate for six-month deposits in dollars for value on the Rate Fixing Date for such Disbursed Amount, expressed as a single fixed interest rate based on the fixed interest rates corresponding to the repayment installments of such Disbursed Amount, as reasonably determined by the Bank and expressed as a percentage per annum.
Reset Reference Rate means, in relation to a Reset Determination Date and subject to Condition 5(b)(iii) and Condition 5(c)(v), if applicable:
Curr Rate CLTV: Prin Bal: Maturity Date: Lien Pos: 4104753 WY 241 14 84265 40600 489.91 722 410475300000000 9 239 1 112000 11/22/2000 26 Cheyenne 82001 2 13.490 112 40566.5 12/01/2020 2 4104771 IL 181 14 166909 47400 623.3 687 410477100000000 6 179 1 185500 11/22/2000 49 Xxxxxxxx 60103 2 13.750 116 47319.82 12/01/2015 2 4104797 IN 301 14 103471 39600 454.09 748 410479700000000 8 299 1 115000 11/29/2000 47 Carmel 46032 2 13.250 125 39583.15 12/04/2025 2 4104815 IN 181 14 81357 23125 302.17 689 410481500000000 6 180 1 87500 12/08/2000 36 Seymour 47274 2 13.630 120 23085.4 01/01/2016 2 4104842 MI 181 4 34420 35000 465.88 683 410484200000000 6 179 1 60000 11/27/2000 41 Sterling Height 48312 2 13.990 116 34942.16 12/01/2015 2 4104870 NE 301 14 34273 28000 413.71 650 410487000000000 8 300 1 50000 12/11/2000 45 Xxxxxxxx 68319 2 17.500 125 28000 01/01/2026 2 4104879 IL 181 9 145656 50000 712.68 661 410487900000000 6 178 1 157000 10/13/2000 37 OSWEGO 60543 2 15.380 125 49854.97 11/01/2015 2 4104916 PA 301 14 46542 34000 415.8 691 410491600000000 8 300 1 65000 12/05/2000 38 Bethlehem 18018 2 14.250 124 33987.95 01/01/2026 2 4104922 FL 181 14 69816 35000 465.88 698 410492200000000 6 179 1 85000 11/22/2000 49 Miami 33169 2 13.990 124 34883.65 12/01/2015 2 4104961 AZ 241 14 86158 57550 673.84 728 410496100000000 9 240 1 115000 12/08/2000 32 Glendale 85308 2 12.990 125 57550 01/01/2021 2 4105059 NJ 301 14 142700 49000 552.28 687 410505900000000 8 299 1 175000 11/28/2000 50 Somerville 8876 2 12.990 110 48978.14 12/04/2025 2 4105078 MI 301 14 78750 20000 232.98 711 410507800000000 8 299 1 79000 11/21/2000 45 Manton 49663 2 13.490 125 19991.85 12/01/2025 2 4105272 SC 301 14 73750 20000 235.03 695 410527200000000 8 300 1 75000 12/07/2000 39 Greenville 29609 2 13.630 125 19992.05 01/01/2026 2 4105298 IN 301 14 89533 25400 286.28 741 410529800000000 8 300 1 92000 12/11/2000 39 Bloomfield 47424 2 12.990 125 25400 01/01/2026 2 4105349 IL 181 14 148000 40500 525.55 726 410534900000000 6 180 1 165000 12/12/2000 44 Lake Villa 60046 2 13.490 115 40429.74 01/01/2016 2 4105385 IL 181 14 39861.77 47600 621.97 681 410538500000000 6 180 1 70000 12/13/2000 37 Chillocothe 61523 2 13.630 125 47518.49 01/01/2016 2 Page 261 of 409
Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.
Applicable Reference Rate means, for any Eurocurrency Rate Loan denominated in any LIBOR Quoted Currency, LIBOR and for any Eurocurrency Rate Loan denominated in Euro that are made to Designated Borrowers that are Foreign Subsidiaries), EURIBOR, as applicable.
Applicable Base Rate means (i) with respect to a Rate Period of fewer than 49 days, the greater of (a) the SIFMA Municipal Swap Index or (b) the LIBOR Rate, and (ii) with respect to a Rate Period of 49 or more days, the LIBOR Rate.
EURIBOR Rate has the meaning specified in the definition of “Eurocurrency Rate”.
LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR
Daily LIBOR Rate means, for any day, the rate per annum determined by the Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the Reserve Percentage.
Hurdle Rate means the minimum annual rate of return over the Net Asset Value at launch, or the beginning of the relevant Performance Period, as applicable, that must be achieved before an Equalisation Performance Fee is applied (details of which are set out in the section headed “Unit Class Information” in the Supplement for the relevant Fund where applicable). This rate is accrued at each Valuation Point.
Canadian Base Rate means at any time, the greater of (a) the Canadian Prime Rate and (b) except during any period of time during which a notice delivered to Centuri under Section 5.8 shall remain in effect, the annual rate of interest equal to the sum of (i) the CDOR Rate for an Interest Period of one month at such time plus (ii) one percent (1%) per annum; each change in the Canadian Base Rate shall take effect simultaneously with the corresponding change or changes in the Canadian Prime Rate or the CDOR Rate, as applicable.
Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.
Program Fee Rate is defined in the Fee Letter.