Funding Rate definition
Funding Rate means any individual rate notified by a Lender to the Facility Agent pursuant to sub-paragraph (ii) of paragraph (a) of Clause 10.3 (Cost of funds).
Funding Rate means any rate notified to the Agent by a Lender pursuant to Clause 5.12;
Funding Rate means for any Payment Period the rate per cent per annum which is the aggregate of the Base Rate for that Payment Period and the Margin;
Examples of Funding Rate in a sentence
If and to the extent that a Borrower shall not have so made such payment, each Bank shall repay to the Administrative Agent forthwith on demand such amount distributed to such Bank together with interest thereon, for each day from the date such amount is distributed to such Bank until the date such Bank repays such amount to the Administrative Agent, at the greater of the Federal Funds Effective Rate or the Overnight Bank Funding Rate.
More Definitions of Funding Rate
Funding Rate means any individual rate notified by a Lender to the Administrative Agent pursuant to the definition of Cost of Funds.
Funding Rate means any rate notified by a Lender to the Facility Agent pursuant to Clause 13 (Market Disruption).
Funding Rate means any individual rate notified by a Lender to the Facility Agent pursuant to Section 2.06(f).
Funding Rate means an individual rate notified by the Lenders to the Borrower pursuant to paragraph (b) of Clause 5.4;
Funding Rate means, with respect to any Fixed Period and any Funding Tranche, (a) to the extent the Conduit Investor is funding such Funding Tranche during such Fixed Period through the issuance of Commercial Paper, the CP Rate, and (b) to the extent any Investor is not funding such Funding Tranche through the issuance of Commercial Paper, a rate per annum (expressed as a percentage and an interest yield equivalent and calculated on the basis of a 360-day year and the actual days elapsed) equal to the Alternate Rate.
Funding Rate means any individual rate notified by a Lender to the Agent pursuant to paragraph (a)(ii) of Clause 12.4 (Cost of funds).
Funding Rate means the interest rate used by the Actuary to calculate the County’s contribution requirement to the Plan for a Plan Year, which interest rate includes consideration of the expected asset return of the Trust Fund and the discounting of future benefit payments. The Funding Rate shall be set forth on Schedule 1.