Base Interest Rates definition

Base Interest Rates means the complete set of rates identified and used by the Proposer in the Financial Model to calculate the Base Maximum Availability Payment and the First Year Maximum Availability Payment set forth in Appendix D-1A or D-1B, as appropriate. The Base Interest Rates shall be determined in accordance with Benchmark Interest Rates provided by the Proposer in accordance with Section 4.14. The Base Interest Rates do not include any credit spread, margin or fee components.
Base Interest Rates means the base rate of Barclays Bank plc1 or such other rate as Homes England determines (acting reasonably);
Base Interest Rates means the base rate of Barclays Bank plc or such other rate as Homes England determines (acting reasonably); Business Day means any day other than a Saturday, Sunday or statutory bank holiday in England; Claim means an application for Funding; Claim Form means the document in the form of the template annexed as Appendix 1 to be completed and provided by the Local Authority to the nominated Homes England contact at agreed intervals to claim Funding; Completion Date means the date by which the Project is actually completed to Homes England's reasonable satisfaction and in accordance with the terms of this Agreement.

Examples of Base Interest Rates in a sentence

  • Subsequent Base Interest Rates may be higher or lower than the Base Interest Rates previously declared by the Company.

  • The Company may declare Base Interest Rates higher or lower than any Base Interest Rates the Company previously declared but the interest rate credited to the Fixed Account Option will never be less than the Fixed Account Minimum Interest Rate.

  • The Company may declare Base Interest Rates higher or lower than any Base Interest Rates the Company previously declared.

  • The Company may declare Base Interest Rates higher or lower than any Base Interest Rates the Company previously declared but the interest rate credited to the Fixed Account Option will never be less than the FAMIR.

  • Base Interest Rates on subsequent allocations to the Fixed Account Option may be higher or lower than the Base Interest Rates previously declared by the Company.


More Definitions of Base Interest Rates

Base Interest Rates means the Bond Financing Benchmark Rates plus Credit Spreads.
Base Interest Rates means the complete set of rates identified and used (together with the Base Credit Spreads) by the Proposer in the Original Financial Model to calculate the Maximum Availability Payment set forth in Appendix C-2 to this ITP. The Base Interest Rates shall be determined in accordance with ITP Section 6.5 based on the values of the Benchmark Interest Rates. The Base Interest Rates do not include any credit spread, margin or fee components and therefore exclude Base Credit Spreads.