Initial Spread definition
Initial Spread means 1.51 per cent.;
Initial Spread means 4.865 per cent;
Initial Spread means 8% minus the 5-year Government Investment Issues (GII) rate as at the Issue Date.
Examples of Initial Spread in a sentence
The Applicable Margin on the Loans shall be increased by the Plan LTV Incremental Spread until Borrower has reduced the Loan to Value Ratio to be at or not greater than the Reset LTV, at which time Borrower shall no longer be subject to the Plan LTV Incremental Spread, and the Applicable Margin shall reset to the Initial Spread.
More Definitions of Initial Spread
Initial Spread means the Spread applicable during the Initial Spread Period.
Initial Spread means 150 basis points (1.50%).
Initial Spread means 4.807 per cent.;
Initial Spread means, with respect to any Series of iMTP Shares, the rate per annum specified as the Initial Spread for such Series of iMTP Shares in the Appendix for such Series of iMTP Shares.
Initial Spread means 3.642 per cent. per annum; “Investment Grade” means:
Initial Spread means 4.20 per cent. per annum;
Initial Spread means 4.29 per cent.