Common use of CMT Rate Clause in Contracts

CMT Rate. Unless otherwise specified above, if this is a floating rate Note for which the CMT rate is an applicable base rate, “CMT rate” means, for any interest determination date (a “CMT rate interest determination date”), the following:

Appears in 2 contracts

Sources: Depository Note (National Rural Utilities Cooperative Finance Corp /Dc/), Depository Note (National Rural Utilities Cooperative Finance Corp /Dc/)

CMT Rate. Unless otherwise specified above, if this is a CMT rate Note or a floating rate Note for which the CMT rate is an applicable base rate, “CMT rate” means, for any interest determination date (a “CMT rate interest determination date”), ) the following:

Appears in 1 contract

Sources: Depositary Note (National Rural Utilities Cooperative Finance Corp /Dc/)