Blended Interest Rate definition

Blended Interest Rate means the rate of interest on this Loan Agreement as shown on the Term Sheet.
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Blended Interest Rate means for each Class of Certificates other than the Class F and the Class R Certificates, a per annum interest rate determined as of each Term Reset Date equal to the weighted average of (i) the Certificate Interest Rate as in effect on the day prior to such Term Reset Date and (ii) the Treasury Rate determined as of such Term Reset Date plus the Applicable Rate Spread, if any, for such Class. Such weighted average shall be weighted by reference to the Outstanding Principal Amount of such Class as of such Term Reset Date as compared to the increase in the Outstanding Principal Amount of such Class taking effect on the related Term Funding Date.
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Blended Interest Rate. “BAM” or “Bond Insurer” means Build America Mutual Assurance Company.
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Examples of Blended Interest Rate in a sentence

  • Coastal Community Water Quality Restoration - A total of $2.5 million has been committed towards Cumberland County Improvement Authority to resolve failing septic systems and prevent shellfish bed closures in Downe Township, limited to Fortescue and Gandy’s Beach offering financing terms consisting of 50% principal forgiveness and a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate for the first $5 million of project costs.

  • Each NANO Loan shall consist of a fifty percent (50%) DEP PFL and a Blended Interest Rate of 50% of I-Bank’s AAA Market Interest Rate.

  • PFLs consist of between 19% (i.e., Superstorm Sandy), to 100% (i.e., small system lead remediation) of eligible project costs with the remaining portion of the loan typically bearing a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate, with the exception of the DW Lead Line Replacement Program (see below).

  • Project costs between $4 million and $10 million are financed at a Blended Interest Rate of 25% of the I-Bank’s AAA All-in Market Rate.

  • For project costs between $4 million and $10 million, financing terms consist of a Blended Interest Rate of 25% of the I-Bank’s AAA All-in Market Rate.

  • For project costs in excess of the Principal Forgiveness financing package, up to $10M of project costs may be financed at the affordability rate (Blended Interest Rate of 25% of the I-Bank’s AAA All-in Market Rate) for applicants that meet affordability criteria.

  • Each Interest Owing Water Bank Borrower will be charged the Water Bank Blended Interest Rate on the Borrower’s outstanding requisitions.

  • For the first $4 million of project costs, Borrowers are offered financing terms consisting of 50% principal forgiveness and the balanced financed at a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate, subject to a $2 million PFL limit per applicant.

  • For the first $4 million of project costs, financing terms consist of 50% principal forgiveness and a Blended Interest Rate of 50% of the I-Bank’s AAA All-in Market Rate, subject to a $2 million PFL limit per applicant.

  • Commented [b39]: This section will provide a comprehensive list of the reports required by your contract as well as the how often the report must be submitted, its due date, and the Department person the report should be submitted to.


More Definitions of Blended Interest Rate

Blended Interest Rate means 13.00% per annum.
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Blended Interest Rate means sum of each interest rates corresponding to the various grading, and concentration of marginable securities in the portfolio.
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Related to Blended Interest Rate

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Capped Interest Rate is defined in the Note, if applicable.

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Base Interest Rate means Bank's initial cost of funding the Fixed Obligations. The Prepayment Fee is calculated as follows: First, Bank determines a "Current Market Rate" based on what the Bank would receive if it loaned the remaining amount on the prepayment date in a wholesale funding market matching maturity, remaining principal and interest amounts and principal and interest payment dates (the aggregate payments received are the "Current Market Rate Amount"). Bank may select any wholesale funding market rate as the Current Market Rate. Second, Bank will take the prepayment amount and calculate the present value of each remaining principal and interest payment which, without prepayment, the Bank would have received during the term of the Fixed Obligations using the Base Interest Rate. The sum of the present value calculations is the "Xxxx to Market Amount." Third, the Bank will subtract the Current Market Rate Amount from the Xxxx to Market Amount. Any amount greater than zero is the Prepayment Fee.

  • Settlement Interest Rate means, for the first calendar quarter or portion thereof during which interest accrues, the rate determined by the Receiver to be equal to the equivalent coupon issue yield on twenty-six (26)-week United States Treasury Bills in effect as of Bank Closing as published in The Wall Street Journal; provided, that if no such equivalent coupon issue yield is available as of Bank Closing, the equivalent coupon issue yield for such Treasury Bills most recently published in The Wall Street Journal prior to Bank Closing shall be used. Thereafter, the rate shall be adjusted to the rate determined by the Receiver to be equal to the equivalent coupon issue yield on such Treasury Bills in effect as of the first day of each succeeding calendar quarter during which interest accrues as published in The Wall Street Journal.

  • Component Interest Rate Not applicable.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its “prime rate.” If a Citibank, N.A. prime rate is not available, the applicable prime rate will be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.