EBTL definition
EBTL means 3 – Months Treasury ▇▇▇▇ ▇▇▇▇ published by the Financial Benchmarks India Private Limited (FBIL) , reference rate for lending to be charged in accordance with Reserve Bank of India’s circular DBR.DIR.BC.No.14/ 13.03.00/ 2019-20 dated September 4 2019, as amended from time to time. The Bank reserves the right to determine its actual lending rate on loans and advances, with reference to the EBTL, by including a spread, as the Bank deems fit. The spread over the EBTL which shall be determined by the Bank taking into account factors like credit risk premium, business strategy cost, operating cost or any other parameter determined by the Bank from time to time. Deterioration in the credit risk profile may result in an increase in the spread. Applicable EBTL: EBTL published on < > (rounded off to the nearest 0.05%) will be the applicable Benchmark rate for your loan. 24 EBTL ______________% 25 Floating Rate on Interest EBTL + Spread _________% = % 26 Frequency Of Review of The Rate of Interest Every quarter on 16th January 16th April, 16th July and 16th October First Reset Date 27 Frequency of Payment Monthly 28 Moratorium applicable (Yes/ No) a. Interest Moratorium (no of month) b. Principal Moratorium (no of month) 29 Interest Moratorium start date Interest Moratorium end date 30 Principal Moratorium start date Principal Moratorium end date 31 Proposed date when first Installment is due Proposed date when last Installment is due Signed and Delivered by the Borrower(s) In case of Individuals: Name Signature Name Signature Name Signature Name Signature Name Signature Name Signature In case of Non-Individuals: Name of enterprise Through its authorised signatory Signature (NOTE: Affix Rubber Stamp of the Firm) Signed and Delivered by the Guarantor(s) In case of Individuals: Name Signature Name Signature Name Signature Name Signature In case of Non-Individuals: Name of enterprise Through its authorised signatory Signature Signed and delivered by Deutsche Bank AG Through its authorised signatory (Name) Signature Annexure A Policy on Collection of Dues
EBTL means 3 – Months Treasury ▇▇▇▇ ▇▇▇▇ published by the Financial Benchmarks India Private Limited (FBIL) , reference rate for lending to be charged in accordance with Reserve Bank of India’s circular DBR.DIR.BC.No.14/13.03.00/2019-20 dated September 4 2019, as amended from time to time. The Bank reserves the right to determine its actual lending rate on loans and advances, with reference to the EBTL, by including a spread, as the Bank deems fit. The spread over the EBTL which shall be determined by the Bank taking into account factors like credit risk premium, business strategy cost, operating cost or any other parameter determined by the Bank from time to time. Deterioration in the credit risk profile may result in an increase in the spread. Applicable EBTL : EBTL published on < > (rounded off to the nearest 0.05%) will be the applicable Benchmark rate for your loan. 29 EBTL ( )% 30 Floating Rate On Interest EBTL + Spread % = % Frequency Of Review Of The Rate Of Interest Every quarter on 16th January, 16th April, 16th July and 16th October First Reset Date 31 Fixed Rate Loan Fixed interest period Fixed Rate for ( ) months Fixed interest rate EBTL + Spread % = % First Reset Date (after completion of period of fixed rate interest as above) Applicable Floating Rate after the first reset date EBTL + % p.a. 32 Bullet Repayment {refer Clause 2.11 (iv)} Bullet Repayment amount Bullet Term 33 Frequency of Payment Monthly 34 Moratorium applicable (Yes/ No) a. Interest Moratorium (no of months) b. Principal Moratorium (no of months) 35 Interest Moratorium Start Date Interest Moratorium End Date 36 Principal Moratorium Start Date Principal Moratorium End Date 37 Proposed date when first instalment is due Proposed date when last Instalment will be due Signed and Delivered by the Borrower(s) Name: Place: Signature: Date: Name: Place: Signature: Date: Name: Place: Signature: Date: Name: Place: Signature: Date: Name: Place: Signature: Date: Name: Place: Signature: Date: (In case of a Company) Signed and delivered by the Borrower(s) Mr./Ms./Mrs.: Signature: Place: Date: (NOTE : If Articles of Association of the Company so provide Common Seal of the Company should be affixed) (In case of Partnership firm) Signed and delivered by the Borrower(s) (name of the Partnership firm) Through its Partners Mr./Ms./Mrs.: Signature: and Mr./Ms./Mrs.: Signature: (NOTE: Affix Rubber Stamp of the Firm) Signed and delivered by the within named Deutsche Bank AG by the hand of Mr./Ms./Mrs.: S...
Examples of EBTL in a sentence
The Floating Rate shall be reviewed by the Bank from time to time and the Interest Rate will change accordingly if there is change in EBTL or spread.
AG additionally agrees that it will not sell or otherwise transfer its shareholding in EBTL without the prior written consent of Parent, such consent not to be unreasonably withheld.
The EBTL as arrived at above will be published by the Bank and shall act as the reference rate for determining the applicable Rate of Interest payable on the Loan.
The Floating Rate shall be reviewed by the Bank from time to time and the lnterest Rate will change accordingly if there is change in EBTL or spread.