Examples of Rate Option in a sentence
Where ISDA Determination applies to the calculation of interest, the applicable Final Terms will also specify the applicable Floating Rate Option, Designated Maturity and Reset Date.
Where ISDA Determination applies to the calculation of interest, the applicable Final Terms will also specify the applicable Floating Rate Option, Designated Maturity, Reset Date and any Calculation Agent.
Monthly Rate: Option 1 – Separately Metered EEHS Time-of-Day: An additional multi-register meter capable of measuring electrical energy consumption during on-peak and off-peak billing periods will be installed to separately measure EEHS kWh usage from all other kWh usage at the residence.
Where the Floating Rate Option specified is an “IBOR” Floating Rate Option, the Rate of Interest may be determined by reference to the relevant screen rate or the rate determined on the basis of quotations from certain banks.
The rate of interest under Fixed Rate Option may be reviewed and re-set by the Bank, from time to time or on directions of Reserve Bank of India.