Common use of Determination of Treasury Rate Clause in Contracts

Determination of Treasury Rate. (i) The "treasury rate" for any Interest Determination Date is the rate set at the auction of direct obligations of the United States ("Treasury bills") having the Index Maturity described on the face of this Note, as specified under the caption "Investment Rate" on the display on Moneyline Telerate, or any successor service, on page 56 or any other page as may replace page 56, or page 57 or any other page as may replace page 57.

Appears in 4 contracts

Samples: Bank of America Corp /De/, Bank of America Corp /De/, Bank of America Corp /De/

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