Final Reference Rate definition

Final Reference Rate means the annualized rate Lender or a participant would use to fund a new advance in such amount for the Remaining Fixed Pricing Period on the date of such prepayment. For a Breakage Fee, the Final Reference Rate means the annualized rate as of the date Notice is given.
Final Reference Rate means, with respect to a Reference Currency, the applicable Reference Rate on the Final Valuation Date (subject, in the case of a Market Disruption Event, to a possible determination by the Calculation Agent in the manner described in the section “Description of the Notes—Market Disruption Event” herein).
Final Reference Rate means the annualized interest rate Lender would allocate to fund a new advance, on the date of prepayment, with similar scheduled repayment of principal from the time of the advance payment through the Fee End Date, assuming all scheduled repayments of principal due on or after the Fee End Date are paid on the Fee End Date.

Examples of Final Reference Rate in a sentence

  • If the Initial Reference Rate is less than or equal to the Final Reference Rate, there is no prepayment fee.

  • There is no assurance that the Final Reference Rate will be greater than the Strike Rate and there is therefore no assurance that a Noteholder will receive any amount at the Maturity Date other than repayment of the Principal Amount and the portion of Fixed Interest then payable.

  • Return on the Notes, unlike the return on many other deposit liabilities of Canadian banks and other fixed rate investments, is uncertain in that if the Final Reference Rate is less than the Strike Rate, no return will be payable on the Notes other than Fixed Interest.

  • In such a circumstance, the Calculation Agent shall calculate the relevant Final Reference Rate or Rates, as the case may be, for the affected Reference Currency or Currencies, as applicable, in good faith and in a commercially reasonable manner, taking into account the latest available quotation for the applicable Reference Rate(s) and any other information that it deems relevant.

  • The Final Reference Rate (as determined by the 3-month LIBOR index) is 6.5%.

  • The Final Reference Rate (as determined by the current 24-month U.S. Treasury rate on Page 119 of Telerate) is 7.5%.

  • If the Initial Reference Rate is greater than the Final Reference Rate, the prepayment fee shall be equal to the difference between the Initial and Final Reference Rates (expressed as a decimal), multiplied by the appropriate factor from the Prepayment Fee Factor Schedule, multiplied by the principal amount of the loan being prepaid.

  • The "Final Reference Rate" shall be the Reference Rate at the time of prepayment.

  • This meeting will also allow for the opportunity for public comments and input.

  • Maturity Date:30 September 2022 (“ Scheduled Maturity Date”), or if the Scheduled Final Valuation Date is postponed in accordance with the terms herein, Maturity Date shall be as soon as practicable after the Scheduled Maturity Date, but in no event later than two Business Days after the date on which the Final Reference Rate isdetermined.9. Description of Notes:Currency Linked Notes10.


More Definitions of Final Reference Rate

Final Reference Rate means the annualized interest rate Lender would allocate to fund a new advance, on the date of prepayment, with similar scheduled repayment of principal from the time of each such advance payment through the Fee End Date, assuming all scheduled repayments of principal due on or after the Fee End Date are paid on the Fee End Date.
Final Reference Rate means the annualized interest rate that the Administrative Agent would allocate to fund a new advance, on the date of prepayment, with similar scheduled repayment of principal from the time of each such advance payment through the applicable End Date.
Final Reference Rate shall be the Reference Rate at time of prepayment. The Reference Rate shall be interpolated from the Federal Reserve Statistical Release (Publication H.15) as displayed on Page 119 of the Dow Xxxxx Telerate Service (or such other page or service as may replace that page or service for the purpose of displaying rates comparable to said U.S. Treasure rates) on the day the loan was made (Initial Reference Rate) or the day of prepayment (Final Reference Rate).
Final Reference Rate means the annualized interest rate that the Administrative Agent would allocate to fund a new advance, on the date of prepayment, with similar scheduled repayment of principal from the time of each such advance payment through the applicable End Date. The Company acknowledges that the Prepayment Premium is not a penalty, does not constitute damages for Company’s breach of the Credit Agreement, and does not constitute payment of unmatured interest. Instead, it is a fee payable by the Company to the Lenders if all or any portion of a Fixed Rate Loan is repaid prior to its scheduled due date. The Company acknowledges that the Prepayment Premium, if applicable, is a reasonable fee and charge of the Lenders and reflects a fair and reasonable return to the Lenders for the consideration advanced to the Company in the form of a Fixed Rate option for the Delayed Draw Term Loans. SCHEDULE 2.01 Commitments Lender Revolving Commitment Pro Rata Share Delayed Draw Term Loan Commitment Pro Rata Share American AgCredit, FLCA $180,000,000.00 100.000000000% $180,000,000.00 100.000000000% TOTAL $180,000,000.00 100.000000000% $180,000,000.00 100.000000000% SCHEDULE 13.04(l) Voting Participants as of the First Amendment Effective Date Lender Voting Participant Initial Revolving Commitment Resulting Revolving Commitment/ Participation Initial Delayed Draw Term Loan Commitment Resulting Delayed Draw Term Loan Commitment/ Participation American AgCredit, FLCA $180,000,000.00 $24,000,000.00 $180,000,000.00 $24,000,000.00 AgFirst Farm Credit Bank $19,750,000.00 $19,750,000.00 CoBank, FCB $12,250,000.00 $12,250,000.00 Farm Credit Bank of Texas $10,500,000.00 $10,500,000.00 Farm Credit Mid-America, FLCA $23,750,000.00 $23,750,000.00 Farm Credit Services of America, FLCA $23,750,000.00 $23,750,000.00 AgCountry Farm Credit Services, FLCA $14,500,000.00 $14,500,000.00 Greenstone Farm Credit Services, FLCA $10,750,000.00 $10,750,000.00 Northwest Farm Credit Services, FLCA $11,000,000.00 $11,000,000.00 Farm Credit West, FLCA $11,000,000.00 $11,000,000.00 Farm Credit East, ACA $7,500,000.00 $7,500,000.00 Capital Farm Credit, ACA $7,500,000.00 $7,500,000.00 Texas Farm Credit Services, FLCA $3,750,000.00 $3,750,000.00 TOTAL $180,000,000.00 $180,000,000.00 $180,000,000.00 $180,000,000.00 EXHIBIT A TO FIRST AMENDMENT TO CREDIT AGREEMENT AMENDED AND RESTATED CREDIT AGREEMENT among RESOLUTE FOREST PRODUCTS INC., as Company, Certain of the Company’s subsidiaries from time to time party hereto as ...
Final Reference Rate means the Reference Rate onthe Final Valuation Date.
Final Reference Rate means the TZS/USD offer reference rate, expressed as the amount of TZS per one USD for settlement in two Reference CurrencyBusiness Days, reported by the Bank of Tanzania (www.bot.go.tz) under the caption “Selling” at approximately 18:00, Dar es Salaam time, for and on the Final Valuation Date, provided that, if Price Source Disruption occurs, Valuation Postponement will apply for the purpose of determining the Final Reference Rate.

Related to Final Reference Rate

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Replacement Reference Rate means a reference rate which is:

  • Reset Reference Rate means in respect of a Reset Period, the gross redemption yield (as calculated by the Agent Bank on the basis set out by the United Kingdom Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 5, Section One: Price/Yield Formulae “Conventional Gilts”; Double dated and Undated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date (published 8 June 1998, as amended or updated from time to time) or if such basis is no longer in customary market usage at such time, in accordance with generally accepted market practice at such time, on a semi-annual compounding basis (rounded up (if necessary) to four decimal places) of the Benchmark Gilt in respect of that Reset Period, with the price of the Benchmark Gilt for the purpose of determining the gross redemption yield being the arithmetic average (rounded up (if necessary) to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the bid and offered prices of such Benchmark Gilt quoted by the Reset Reference Banks at 11.00 a.m. (London time) on the Reset Determination Date in respect of such Reset Period on a dealing basis for settlement on the next following dealing day in London. Such quotations shall be obtained by or on behalf of the Issuer and provided to the Agent Bank. If at least four quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two or three quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Rate will be determined by reference to the rounded quotation provided. If no quotations are provided, the Reset Reference Rate will be the previous Reset Reference Rate or (in the case of the first Reset Period) 1.581 per cent., where:

  • Applicable Reference Rate means, for any Eurocurrency Rate Loan denominated in any LIBOR Quoted Currency, LIBOR, for any Eurocurrency Rate Loan denominated in euros, EURIBOR, for any Eurocurrency Rate Loan denominated in Australian Dollars, BBSY, for any Eurocurrency Rate Loan denominated in Canadian Dollars, CDOR and for any Eurocurrency Rate Loan denominated in New Zealand Dollars, BKBM, as applicable.

  • Successor Reference Rate means the rate that the relevant Independent Adviser determines is a successor to or replacement of the Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Reference Rate means the rate specified as such hereon.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Final Reference Price means an amount (which shall be deemed to be a monetary value in the Underlying Currency) equal to the level of the Index at the Valuation Time on the Valuation Date or the Issuer Call Date, as the case may be, as determined by or on behalf of the Calculation Agent without regard to any subsequently published correction or (if, in the determination of the Calculation Agent, no such level can be determined and no Market Disruption Event has occurred and is continuing) an amount determined by the Calculation Agent as its good faith estimate of the level of the Index on such date having regard to the then prevailing market conditions, the last reported trading price of the Shares and such other factors as the Calculation Agent determines relevant;

  • Final Reference Pricei means the official closing price of the Underlyingi on the Determination Date;

  • Final rate means an indirect cost rate applicable to a specified past period which is based on the actual costs of the period. A final rate is not subject to adjustment.

  • Alternative Reference Rate means the rate that the Independent Adviser or the Issuer (as applicable) determines has replaced the relevant Reference Rate in customary market usage in the international debt capital markets for the purposes of determining rates of interest in respect of bonds denominated in the Specified Currency and of a comparable duration to the relevant Interest Period, or, if the Independent Adviser or the Issuer (as applicable) determines that there is no such rate, such other rate as the Independent Adviser or the Issuer (as applicable) determines in its discretion (acting in good faith) is most comparable to the relevant Reference Rate;

  • Nodal Reference Price at each location shall mean the 97th percentile price differential between day-ahead and real-time prices experienced over the corresponding two-month reference period in the prior calendar year. Reference periods will be Jan-Feb, Mar-Apr, May- Jun, Jul-Aug, Sept-Oct, Nov-Dec. For any given current-year month, the reference period months will be the set of two months in the prior calendar year that include the month corresponding to the current month. For example, July and August 2003 would each use July- August 2002 as their reference period.

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • 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;

  • Alternate Rate means, for any day, the sum of (a) a rate per annum selected by the Administrative Agent, in its reasonable discretion based on market conditions in consultation with the Borrower and the Lenders, plus (b) the Applicable Spread for Eurocurrency Loans, plus (c) the Mandatory Cost. When used in reference to any Loan or Borrowing, “Alternate Rate” refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Alternate Rate.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Prime Referenced Rate means, for any day, a per annum interest rate which is equal to the Prime Rate in effect on such day, but in no event and at no time shall the Prime Referenced Rate be less than the sum of the Daily Adjusting LIBOR Rate for such day plus two and one-half percent (2.50%) per annum. If, at any time, Bank determines that it is unable to determine or ascertain the Daily Adjusting LIBOR Rate for any day, the Prime Referenced Rate for each such day shall be the Prime Rate in effect at such time, but not less than two and one-half percent (2.50%) per annum.

  • Advance Rate has the meaning assigned to such term in Section 5.13.

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

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • Ramp Rate is the applicable Ramp Rate as stated in Section 8 of Schedule A.