Examples of Base Rate in a sentence
During a Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of the Base Rate based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of the Base Rate.
CONCERNS OVER INTEREST RATESThe study further revealed that 76% of people were anxious about rising interest rates following consecutive hikes in the Bank ofEngland Base Rate since December 2021.
ABL Revolver borrowings bear interest at the London Interbank Offer Rate (the “LIBOR Rate”) plus an applicable margin of 1.75% to 2.25% or the Base Rate plus an applicable margin of 0.75% to 1.25% with interest currently being paid on a monthly basis.
The Base Rate means the greatest of (i) the prime lending rate as publicly announced from time to time by Wells Fargo, (ii) the Federal Funds Rate plus 0.5%, and (iii) the LIBOR rate plus 1.0%.
Employee’s will receive their Base Rate of Pay, whilst taking annual leave, including persons employed under the job classifications of Sales and Property Management who will receive the Base Rate of Pay only, unless agreed in writing with Allens Estate Agents.