Index Interest Rate means each of the LIBOR Index Rate and the SIFMA Index Rate. “Index Interest Rate Period” means any period during which the Bonds bear interest at an Index Interest Rate.
Index Interest Rate means a variable interest rate on all or a portion of the Bonds established in accordance with Section 2.3(D) hereof.
Index Interest Rate means each of the LIBOR Index Rate or the SIFMA Index Rate, as applicable.
Examples of Index Interest Rate in a sentence
If no Benchmark Index Interest Rate is available for such term, the nearest available term will be used.
The discount rate is determined by taking the greater of the Benchmark Index Interest Rate less the Discount Rate Adjustment, and the Discount Rate Minimum.
Each year after the first, Reliance Standard will declare the Index Interest Rate Cap, Participation Rate, Fixed Interest Rate and Spread Rate for the subsequent Contract Year.
The Index Interest Rate Cap, Participation Rate, Fixed Interest Rate and Spread Rate are guaranteed for the first Contract Year.
The applicable term of the Benchmark Index Interest Rate is the same as the number of days remaining until the end of the Guarantee Period.
More Definitions of Index Interest Rate
Index Interest Rate means, as established pursuant to Section 2.03(B) during any Index Interest Rate Period, a per annum rate of interest equal to the sum of (i) the Applicable Spread plus (ii) the product of the Index as of the date of determination multiplied by the Applicable Factor.
Index Interest Rate means each of the LIBOR Index Rate or the SIFMA Index Rate. Index Interest Rate Period
Index Interest Rate means for each Interest Period, a per annum rate equal to the sum of (a) the SOFR Rate, plus (b) one-and-seventy-hundredths percent (1.70%), as determined by the Calculation Agent in accordance with Section 2.01(d) hereof and in all cases not to exceed the Maximum Interest Rate.
Index Interest Rate means each of the LIBOR Index Rate, the SIFMA Index Rate, the Amortization Period Rate, the Taxable Rate and the Default Rate.
Index Interest Rate means an interest rate given by the addition of (i) the index Published in the Interest rate table, unless otherwise agreed, which the Bank is authorised to change unilaterally and
Index Interest Rate means each of the SOFR Index Rate and the SIFMA Index
Index Interest Rate means the per annum interest rate with respect to any Bonds bearing interest at the Index Interest Rate equal to the sum of (a) the product of the Applicable Factor and the Index in effect on the date of determination and (b) the Applicable Spread.