Funding Rate means any individual rate notified by a Lender to the Facility Agent pursuant to sub-paragraph (ii) of paragraph (a) of Clause 10.3 (Cost of funds).
Funding Rate means for any Payment Period the rate per cent per annum which is the aggregate of the Base Rate for that Payment Period and the Margin;
Funding Rate means any individual rate notified by a Lender to the Facility Agent pursuant to Section 2.06(f).
Examples of Funding Rate in a sentence
Overnight Bank Funding Rate: For any day, the rate set forth for the Currency Business Day immediately preceding such day opposite the caption “Overnight Bank Funding Rate”, as such rate is displayed on the page “OBFR01” on the BLOOMBERG Professional Service, or any successor page; provided that if no such rate appears for any day on such page, the rate for the immediately preceding day for which a rate appears shall be used for such day.
Daily Rate: For any day, the Overnight Bank Funding Rate minus the Spread.
More Definitions of Funding Rate
Funding Rate means any individual rate notified by a Lender to the Administrative Agent pursuant to the definition of Cost of Funds.
Funding Rate means any rate notified by a Lender to the Facility Agent pursuant to Clause 13 (Market Disruption).
Funding Rate means, with respect to any Fixed Period and any Funding Tranche, (a) to the extent the Conduit Investor is funding such Funding Tranche during such Fixed Period through the issuance of Commercial Paper, the CP Rate, and (b) to the extent any Investor is not funding such Funding Tranche through the issuance of Commercial Paper, a rate per annum (expressed as a percentage and an interest yield equivalent and calculated on the basis of a 360-day year and the actual days elapsed) equal to the Alternate Rate.
Funding Rate means any individual rate notified by a Lender to the Agent pursuant to paragraph (b) of Clause 3.8.1 (Cost of funds).
Funding Rate means any individual rate notified by a Lender to the Agent pursuant to paragraph (a)(ii) of Clause 12.2 (Market disruption).
Funding Rate means any rate notified by the Lender to the Borrower pursuant to paragraph (a)(ii)of Clause 10.2 (Cost of funds).