Effective Global Rate definition

Effective Global Rate has the meaning ascribed to such term in Clause 9.6.
Effective Global Rate shall have the meaning set out in sub-clause 2.7.1 of Clause 2.7 (French Borrowers: Effective Global Rate of Return).

Examples of Effective Global Rate in a sentence

  • The Parties acknowledge that the Effective Global Rate Letter forms part of this Agreement.

  • Capitalized terms not defined herein shall have the meaning set forth in the Employment Agreement.

  • As the Facility generates interest at a floating rate, it is impossible to calculate an Effective Global Rate valid for the entire term of the Credit.

  • The original letter referred to in Clause 9.6 (Effective Global Rate (Taux Effectif Global)) and countersigned on behalf of the Borrowers.

  • However, the Borrower acknowledges that it has received from the Agent a letter containing an indicative calculation of the Effective Global Rate based on examples calculated on assumptions as to the rate of the period and the duration of the period set out in the letter.

  • The Effective Global Rate, which is the annual rate in proportion to the period rate, therefore reaches 7.30% per annum.

  • This is the letter referred to in Clause 11.5 (Effective Global Rate) of the Facility Agreement.

  • Effective Global Rate Letter............................................

  • However, Radisson France acknowledges that it has received from the Administrative Agent a letter containing an indicative calculation of the effective global rate (taux effectif global) and the taux de période (the “TEG Letter”), based on figured examples calculated on certain assumptions, substantially in the form set out in Exhibit J (Form of Taux Effectif Global (Effective Global Rate) Letter).

  • This is the letter referred to in Clause 8.6 (Effective Global Rate (Taux Effectif Global)) of the Facility Agreement.