Determine the. Reinvestment Yield." The Reinvestment Yield will be equal to the yield on the applicable* U.S. Treasury Issue ("Primary Issue")** published one week prior to the date of prepayment and converted to an equivalent monthly compounded nominal yield. **In the event there is no market activity involving the Primary Issue at the time of prepayment, Lender shall choose a comparable Treasury Bond, Note or ▇▇▇▇ ("Secondary Issue") which Lender reasonably deems to be similar to the Primary Issue's characteristics (i.e., rate, remaining time to maturity, yield).
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Sources: Mortgage and Security Agreement (Medtox Scientific Inc)
Determine the. Reinvestment Yield." The Reinvestment Yield will be equal to the yield on the applicable* applicable U.S. Treasury Issue ("Primary Issueprimary issue")** published one week prior to the date of prepayment and converted to an equivalent monthly compounded nominal yield. **In the event there is no market activity involving the Primary Issue primary issue at the time of prepayment, Lender Mortgagee shall choose a comparable Treasury Bond, Note or ▇▇▇▇ Bill ("Secondary Issuesecondary issue") which Lender reasonably Mortgagee deems to be ▇▇ ▇e similar to the Primary Issueprimary issue's characteristics (i.e., rate, remaining time to maturity, yield).
Appears in 1 contract
Determine the. Reinvestment Yield." The Reinvestment Yield will be equal to the yield on the applicable(4) applicable * U.S. Treasury Issue ("Primary Issue")** ) published one week prior to the date of prepayment and converted to an equivalent monthly compounded nominal yield. **In the event there is no market activity involving the Primary Issue at the time of prepayment, the Lender shall choose a comparable Treasury Bond, Note or ▇▇▇▇ Bill ("Secondary Issue") which the Lender reasonably deems to be similar to the Primary Issue's characteristics (i.e., rate, remaining time to maturity, yield).
Appears in 1 contract
Sources: Mortgage Loan Characteristics (Bear Stearns Commercial Mortgage Securities Inc)