Credit Adjustment Spread means, in respect of any Loan, any rate which is either:
Credit Adjustment Spread means, in the case of a three month Floating Rate Interest Period, 0.26161% per annum or, in the case of a six month Floating Rate Interest Period, 0.42826% per annum.
Examples of Credit Adjustment Spread in a sentence
Length of Interest Period ≤ 1 Month ˃ 1 Month and ≤ 3 Months ˃ 3 Months and ≤ 6 Months ˃ 6 Months and ≤ 12Months Credit Adjustment Spread for USD 0.11448% 0.26161% 0.42826% 0.71513% Market Disruption Rate The percentage rate per annum which is the aggregate of: (a) the Cumulative Compounded RFR Rate for the Interest Period of the Loan; and (b) the applicable Market Disruption Credit Adjustment Spread.
The rate of interest applicable to each such period shall be the aggregate (as determined by the Lender) of (a) two per cent (2%) per annum, (b) the Margin, (c) the Reference Rate and (d) the Credit Adjustment Spread for such periods.
More Definitions of Credit Adjustment Spread
Credit Adjustment Spread means in relation to:
Credit Adjustment Spread means, in relation to the Loan or Unpaid Sum which is or becomes a “Compounded Rate Loan” pursuant to Clause 8A (Rate Switch), any rate which is either:
Credit Adjustment Spread means for any Interest Period, the percentage rate per annum set out in the table below in the column headed “Credit Adjustment Spread (% per annum)” for the length of such Interest Period: Interest Period Credit Adjustment Spread (% per annum) Shorter than or equal to one Month 0.11448 Longer than one Month and shorter than or equal to three Months 0.26161 Longer than three Months and shorter than or equal to six Months 0.42826
Credit Adjustment Spread means any rate specified as such in the RFR Terms.
Credit Adjustment Spread means, in respect of any Compounded Rate Loan, any rate which is specified as such in the applicable Compounded Rate Terms.
Credit Adjustment Spread. The percentage rate per annum calculated as follows: Interest Period Credit Adjustment Spread (per cent. per annum) If the Interest Period has a different tenor to that set out in the above table, then the appropriate Credit Adjustment Spread shall be determined by linear interpolation between the spread specified here and that associated with the next shortest tenor in Part III of this Schedule 10.