Agreed Rate definition

Agreed Rate means LIBOR plus 100 basis points.
Agreed Rate means a per annum rate of LIBOR plus 100 basis points.
Agreed Rate means a per annum rate of SOFR plus 100 basis points.

Examples of Agreed Rate in a sentence

  • The “Early Termination Payment” payable to a Member pursuant to Section 4.3(a) shall equal the present value, discounted at the Agreed Rate and determined as of the Early Termination Reference Date, of all Tax Benefit Payments (other than any Tax Benefit Payments in respect of Taxable Years ending prior to the Early Termination Effective Date) that would be required to be paid by the Corporation to such Member, beginning from the Early Termination Effective Date and using the Valuation Assumptions.

  • The “Actual Interest Amount” in respect of a Member equals interest on the unpaid amount of the Net Tax Benefit with respect to such Member for a Taxable Year, calculated at the Agreed Rate from the due date (without extensions) for filing the U.S. federal income Tax Return of the Corporation for such Taxable Year until the earlier of (A) the date on which no remaining Tax Benefit Payment to the Member is due in respect of such Net Tax Benefit and (B) the applicable Final Payment Date.


More Definitions of Agreed Rate

Agreed Rate means 8.0% per annum.
Agreed Rate means LIBOR plus 200 basis points.
Agreed Rate means LIBOR plus 300 basis points.
Agreed Rate means a per annum rate of the lesser of (i) 6.5% and (ii) LIBOR plus 100 basis points.
Agreed Rate means the rate of interest announced publicly by Citibank, N.A. in New York, New York, from time to time, as Citibank, N.A.'s base rate.
Agreed Rate means LIBOR.
Agreed Rate means, on the applicable date of determination, the LIBOR Rate plus an additional two percentage points (or, if such rate is contrary to any applicable Law, the maximum rate permitted by such applicable Law).