Liquidity Rate definition

Liquidity Rate means the base rate or prime rate of interest of Citibank, N.A. until such time as another “Money Center” bank is designated by Xxxxxxx Mac in its discretion by notice to the Sponsor, plus two percent (2%) per annum.

Liquidity Rate means the base rate or prime rate of interest of Citibank, N.A. until such time as another “Money Center” bank is designated by Freddie Mac in its discretion by notice to the Sponsor, plus two percent (2%) per annum.

Liquidity Rate means the rate of interest per annum with respect to a Liquidity Advance (i) for any day commencing on the date such Liquidity Advance is made up to and including the sixtieth (60th) day next succeeding the date such Liquidity Advance was made, equal to the Base Rate from time to time in effect, (ii) for any day commencing on the sixty-first (61st) day next succeeding the date such Liquidity Advance was made up to and including the one-hundred eightieth (180th) day next succeeding the date such Liquidity Advance was made, equal to the sum of the Base Rate from time to time in effect plus one percent (1.00%) (provided that if the Base Rate for any day is 150% of the yield on 30-year United States Treasury Bonds, the Bank Rate for such day shall be the Base Rate) and (iii) for any day commencing on the one hundred eighty-first (181st) day and at all times thereafter, equal to the Base Rate from time to time in effect plus two percent (2.00%) (provided that if the Base Rate for any day is 150% of the yield on 30-year United States Treasury Bonds, the Bank Rate for such day shall be the Base Rate); provided, however, that immediately and automatically upon the occurrence of an Event of Default (and without any notice given with respect thereto) and during the continuance of such Event of Default, “Liquidity Rate” shall equal the Default Rate; provided, further, in no event shall the Liquidity Rate be less than the applicable rate on any Bonds which are not Bank Bonds.

Examples of Liquidity Rate in a sentence

• If such notice is given, then the outstanding principal amount of the LIBOR Advances shall be converted to Base Rate Advances effective from the date of the Rate Determination Notice; provided that the Applicable Liquidity Rate in respect of such Base Rate Advances shall be increased by one percent (1.00%).

• Neither Party shall, without the prior written consent of the other Party, disclose to any Third Party, any of the terms, conditions, status or other facts with respect to this FCPM License, except for disclosures required by applicable law, rule or regulation, including those of any recognized stock exchange or security or regulatory agency.

• The Treasury examines weekly Liquidity Analysis Form, biweekly Stock Liquidity Rate Notification Form and weekly Liquidity Rate Notification Form (first maturity segment) and related departments in order to determine liquidity balance between assets and liabilities of the Bank in accordance with the communique of Banking Regulation and Supervision Agency.

• Any remarketing agreement with a successor Remarketing Agent shall provide that (a) such remarketing agent may resign upon not less than thirty (30) days prior written notice to the Trustee, the Bank and the District, and (b) such remarketing agent shall use its best efforts to remarket the Bonds without regard to the Liquidity Rate (i.e., whether or not the rate to be borne by the Bonds is less than the Liquidity Rate).

• Management & Liquidity Risk Resulting Discount Rate3.10 The Management Risk refers to the estimated premium to compensate for the burden of management, while the Liquidity Rate refers to the ease (or the difficulty) with which an investment can be sold or made.

More Definitions of Liquidity Rate

Liquidity Rate means, for any day, a rate of interest per annum equal to (i) from the date the related Advance is made to and including the thirtieth (30th) day immediately succeeding the date the related Advance was made, the Bank Rate from time to time in effect, (ii) for any day commencing on the thirty-first (31st) day immediately succeeding the date the related Advance was made to and including the ninetieth (90th) day immediately succeeding the date the related Advance was made, the sum of the Bank Rate from time to time in effect plus one (1.00%) percent and (iii) for any day commencing on the ninety-first (91st) day next the date the related Advance was made and thereafter, equal to the Bank Rate from time to time in effect plus two percent (2.00%); provided, however, that immediately and automatically upon the occurrence of an Event of Default and during the continuance of such Event of Default, “Liquidity Rate” shall mean the Default Rate; provided, further, that in no event shall the Liquidity Rate be less than the highest rate then borne by any outstanding Commercial Paper Notes.

Liquidity Rate means with respect to any loan (or loans) made to the Issuer under the Liquidity Agreement to fund its investment in any portion of the Invested Amount of the VFC Certificates held by it for any Funding Period, the rate equivalent to the rate per annum (or if more than one rate, the weighted average of the rates per annum) at which interest accrues under the Liquidity Agreement on the principal balance of such loans.

Liquidity Rate means the number of basis points, as an annual rate, set out in Schedule 3 as the Liquidity Rate, as the same may be amended, modified, supplemented, or restated from time to time.

Liquidity Rate means, with respect to an Advance on days 1-30 of the Advance, theBank Rate; on days 31-90, the Bank Rate plus 1.00%; on days 91-180, the Bank Rate plus 2.00% and on days 181 and after, the Term Loan Rate (at no time shall the Liquidity Rate with respect to any Advance be less than the highest rate then borne by any outstanding Commercial Paper Notes).

Liquidity Rate means the rate of interest per annum with respect to a Liquidity Advance (i) for any day commencing on the date such Liquidity Advance is made up to and including the thirtieth (30th) day next succeeding the date such Liquidity Advance was made, equal to the sum of the Reference Rate from time to time in effect plus three percent (3.00%) and

Liquidity Rate means the Default Rate; provided, further, in no event shall the Liquidity Rate be less than the applicable rate on any Bonds which are not Bank Bonds.

Liquidity Rate means a fluctuating rate of interest per annum equal to, (i) for the period from and including the date on which the Banks make an Advance hereunder through and including the date 30 days thereafter, the Federal Funds Rate plus 0.50%; (ii) for the period from and including the date 31 days after the Banks make an Advance hereunder, through and including the date 365 days after the Banks make an Advance hereunder, the Alternate Base Rate and (iii) thereafter, the Alternate Base Rate plus 1%; provided, however, that upon the occurrence of an Event of Default hereunder, the Liquidity Rate shall equal the Default Rate.