Common use of Central Bank Rate Spread Clause in Contracts

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum) calculated by the Lender between: (a) the RFR for that RFR Banking Day; and (b) the Central Bank Rate prevailing at close of business on that RFR Banking Day.

Appears in 3 contracts

Samples: Hafnia LTD, Hafnia LTD, Hafnia LTD

AutoNDA by SimpleDocs

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum) calculated by the Lender Facility Agent between: (ac) the RFR for that the RFR Banking Day; and (ba) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.

Appears in 1 contract

Samples: Agreement (Okeanis Eco Tankers Corp.)

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum) calculated by the Lender betweenof: (a) the RFR for that RFR Banking Day; and (b) the Central Bank Rate prevailing at close of business on that RFR Banking Day.

Appears in 1 contract

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.)

AutoNDA by SimpleDocs

Central Bank Rate Spread. In relation to any RFR Banking Day, the difference (expressed as a percentage rate per annum) calculated by the Lender betweenFacility Agent of: (a) the RFR for that RFR Banking Day; and (b) the Central Bank Rate prevailing at close of business on that RFR Banking Day.

Appears in 1 contract

Samples: Agreement (Global Ship Lease, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.