BBSY Bid definition

BBSY Bid means in relation to any Loan in Australian dollars:
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BBSY Bid has the meaning specified in the definition of “Eurocurrency Rate”.
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Examples of BBSY Bid in a sentence

  • In relation to the debt facilities the fixed interest rates range between 4.35% and 4.75% (2009: 4.29% and 7.29%) and the variable rates under the swap agreements are the Bank Bill Swap Rate bid (BBSY Bid).

  • The interest rate is a floating rate of BBSY Bid Rate + 1.95% margin and approximately 2.06% per annum.• Tranche 2 - with a facility limit of $3,000,000 has a term of 3 years expiring 30 September 2024 and is undrawn as at 31 December 2021.

  • The interest rate is a line fee of 1.00% per annum which is capitalised until drawn and increasing to BBSY Bid Rate + 1.95% margin once drawn.• Tranche 3 - with a facility limit of $1,000,000 has a term of 3 years expiring 30 September 2024 and is undrawn as at 31 December 2021.

  • If the facility term exceeded the fixed maturity date, the Bill Rate reverts at our discretion to the variable BBSY (Bid) Rate plus a margin set by us.

  • In relation to the debt facilities the fixed interest rates range between 3.985% and 3.990% (2011: 4.35% and 4.75%) and the variable rates under the swap agreements are the Bank Bill Swap Rate bid (BBSY Bid).

  • The interest rate is a line fee of 1.00% per annum which is capitalised until drawn and increasing to BBSY Bid Rate + 1.95% margin once drawn.Tranche 2 is an undrawn tranche to be used for any ACP remediation capital expenditure in relation to 601 Coronation Drive, Toowong, QLD.

  • Under these interest rate swap contracts, the Group pays interest at a weighted average fixed interest rate of 2.1% (2021: 1.9%) per annum and receives interest based on SORA, SOR, TIBOR or BBSY Bid.

  • Instruments used by the groupInterest rate swap contracts effectively fix interest rates applicable to bank bills issued with a duration of 1 month (BBSY Bid) at certain levels between 5.5% - 6.0% (2013 - 4.06% - 6.0%) per annum.

  • Borrowing under the debt facilities bear interest at a floating rate of BBSY Bid plus a margin, with margin based on a net leverage ratio of the Group.

  • The interest rate is a line fee of 1.00% per annum which is capitalised until drawn increasing to BBSY Bid Rate + 1.95% margin once drawn.

Related to BBSY Bid

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • Base Bid means a Bid for Public Works to be performed or Supplies or Services to be furnished under a City Contract, including additives, alternates, deductives, excluding force accounts, and taxes collected separately pursuant to Washington Administrative Code (“WAC”) 458-20-171.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Best Bid means the highest posted bid price of the Common Stock.

  • LIBOR Auction means a solicitation of Money Market Quotes setting forth Money Market Margins based on the London Interbank Offered Rate pursuant to Section 2.3.

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Competitive Bid means a bid in terms of a competitive bidding process;

  • Competitive Bid Margin means the margin above or below the applicable Eurodollar Base Rate offered for a Eurodollar Bid Rate Loan, expressed as a percentage (rounded to the nearest 1/100 of 1%) to be added or subtracted from such Eurodollar Base Rate.

  • Alternate Bid means multiple Bids with substantive variations from the same Bidder in response to a Solicitation.

  • Alternative Bid means a response to a bid that does not meet the exact requirements of the specification but offers an alternative for consideration. An alternative bid is submitted with an intentional variation to a provision, specification, term or condition of the solicitation. This alternative, in the opinion of the bidder, achieves the same end result. Alternative bids may be rejected as non-responsive.

  • Successful Bid means the Bid of the Successful Bidder for acquisition of assets of the Corporate Debtor and as declared by the Liquidator in terms of sub-clause VIII of Clause 5.4 of this document.

  • Submitted Bid has the meaning specified in Section 11.10(d)(i) below.

  • Technical Bid means the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP;

  • Decrement Bid means a type of Virtual Transaction that is a bid to purchase energy at a specified location in the Day-ahead Energy Market. A cleared Decrement Bid results in scheduled load at the specified location in the Day-ahead Energy Market.

  • IBOR means the rate of interest per annum determined by the Agent as the rate at which Dollar deposits in the approximate amount of BofA's Offshore Rate Loan for such Interest Period would be offered by BofA's Grand Cayman Branch, Grand Cayman B.W.I. (or such other office as may be designated for such purpose by BofA), to major banks in the offshore Dollar interbank market at their request at approximately 9:00 a.m. (San Francisco time) one Business Day prior to the commencement of such Interest Period. The Offshore Rate shall be adjusted automatically as to all Offshore Rate Loans then outstanding as of the effective date of any change in the Eurodollar Reserve Percentage.

  • bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;

  • Adjusted London Interbank Offered Rate applicable to any Interest Period means a rate per annum equal to the quotient obtained (rounded upward, if necessary, to the next higher 1/100 of 1%) by dividing (i) the applicable London Interbank Offered Rate by (ii) 1.00 minus the Euro-Dollar Reserve Percentage.

  • Competitive bidding means a transparent process for procurement of equipment, services and works in which bids are invited by the project developer by open advertisement covering the scope and specifications of the equipment, services and works required for the project, and the terms and conditions of the proposed contract as well as the criteria by which bids shall be evaluated, and shall include domestic competitive bidding and international competitive bidding;

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.

  • Money Market LIBOR Loan means a loan to be made by a Bank pursuant to a LIBOR Auction (including such a loan bearing interest at the Base Rate pursuant to Section 8.01(a)).

  • Competitive Bid Loan means a Eurodollar Bid Rate Loan or an Absolute Rate Loan, or both, as the case may be.

  • HIBOR means the Hong Kong inter-bank offered rate.

  • Invitation for Bid means and include the present document, and such other complements and agenda, which may subsequently be issued in this connection.

  • Competitive Bid Quote Request means the notice, in substantially the form of Exhibit B hereto, to be delivered by the Borrower in accordance with Section 2.03 in requesting Competitive Bid Quotes.

  • Credit Bid means, an offer submitted by Agent (on behalf of the Lender group), based upon the instruction of the Required Lenders, to acquire the property of any Loan Party or any portion thereof in exchange for and in full and final satisfaction of all or a portion (as determined by Agent, based upon the instruction of the Required Lenders) of the claims and Obligations under this Agreement and other Loan Documents.