Deferred Rate definition

Deferred Rate means the overnight rate in respect of EUR, JPY or USD, as applicable, as determined by the Swap Calculation Agent under the Swap Agreement in good faith and in a commercially reasonable manner.
Deferred Rate means the overnight rate in respect of EUR as determined by the Swap Calculation Agent under the Swap Agreement in good faith and in a commercially reasonable manner.
Deferred Rate means, with respect to the Notes, the applicable Note Rate plus 4.25%.”

Examples of Deferred Rate in a sentence

  • Despite such deferral, quarterly Distributions will continue to accumulate with interest thereon (to the extent permitted by applicable law, but not at a rate exceeding the rate of interest then accruing on the Debentures) at the Deferred Rate compounded quarterly during any such Extension Period.

  • For purposes of this Section 2.03.2.11, "Remarketing Agent Recovery Amount" shall mean, with respect to any Remarketing Agent Notes, an amount equal to the Daily Deferred Rate, as hereinafter defined, multiplied by the daily principal balance of such Remarketing Agent Notes for the actual number of days such Auction Rate Notes constitute Remarketing Agent Notes.

  • For purposes of this Section 2.03.2.11, "Daily Deferred Rate" shall mean an amount equal to the excess, if any, of (x) the rate published as the "Broker Call" in The Wall Street Journal on each day the Remarketing Agent is the owner of such Remarketing Agent Notes over (y) the new Series Interest Rate in effect for such Auction Rate Notes from and after the Auction Period Conversion Date.

  • For purposes of this Section 2.03.2.11, "Daily Deferred Rate" shall mean an amount equal to the excess, if any, of (x) the rate published as the "Broker Call" in THE WALL STREET JOURNAL on each day the Remarketing Agent is the owner of such Remarketing Agent Notes over (y) the new Series Interest Rate in effect for such Auction Rate Notes from and after the Auction Period Conversion Date.

  • The Company shall notify the Trustee and the Holders of the Securities, at the applicable notice addresses set forth in the Indenture, in writing, at least thirty (30) days prior to the applicable Interest Payment Date that it elects to pay the Deferred Rate.


More Definitions of Deferred Rate

Deferred Rate means the overnight rate, as determined by the Calculation Agent under the Swap Agreement in good faith and a commercially reasonable manner.
Deferred Rate means 3-month EUR-EURIBOR as determined in accordance with paragraph 18(vii) of the Applicable Supplement in respect of the Interest Period ending on the Scheduled Maturity Date or, if the Notes are denominated in an Alternative Currency in respect of any date on which the Deferred Rate is to be applied, the Deferred Rate for such day shall be the Rate of Interest (less any applicable positive Margin relating to interest payable the Notes) in respect of the Notes on such date.
Deferred Rate means the overnight rate in respect of EUR as calculated by the European Central Bank and appearing on the Reuters Screen EONIA Page in respect of the relevant day determined by the Swap Calculation Agent under the Swap Agreement in good faith and in a commercially reasonable manner.
Deferred Rate means a fixed rate per annum equal to one quarter of one percent (0.25%).
Deferred Rate means 3-month EUR-EURIBOR as determined in accordance with paragraph 18(vii) of the Applicable Supplement in respect of the Interest Period ending on the Scheduled Maturity Date.
Deferred Rate means, with respect to the Notes, the applicable Note Rate plus 4.25%.” ““Deliver” means (x) with respect to a Tangible Timeshare Loan File, to deliver physical possession of such Tangible Timeshare Loan File via reputable overnight delivery service and (y) with respect to an Electronic Timeshare Loan File, to direct the transfer of such Electronic Timeshare Loan File from the vault partition of the Depositor to the Warehouse Vault Partition. The terms “Delivery” and “Delivered” shall have corollary meanings.” ““DocuSign” means DocuSign Inc., a Washington corporation.” ““DocuSign System” means the electronic signature services and the accompanying technology system comprised of proprietary and third party software, hardware, network communications equipment, lines and services, computer servers, data centers, support and maintenance services, security devices and other related technology materials of DocuSign that assists in electronic contracting in the timeshare industry.” ““Electronic Obligor Note” means an Obligor Note which was created electronically using the DocuSign System and stored using the eOriginal System in a manner in which: (1) a single Authoritative Copy of the Obligor Note exists which is unique, identifiable and, except as otherwise provided in subparagraphs (4), (5) and (6) below, unalterable; (2) the Authoritative Copy is maintained in clean format and is held in a vault partition managed by the Custodian that identifies the Indenture Trustee as the secured party of the Obligor Note; (3) the Authoritative Copy is communicated to and maintained by the Custodian, as the designated custodian of the Indenture Trustee; (4) copies or revisions that add or change an identified assignee of the Authoritative Copy can be made only with the participation of the Custodian, as the designated custodian of the Indenture 3 KL2 2889986.17 Trustee; (5) each copy of the Authoritative Copy and any copy of a copy is readily identifiable as a copy that is not the Authoritative Copy; and
Deferred Rate means, in relation to any Class of Notes, the Deferred Rate specified in the Applicable Supplement.