MLA Cost definition

MLA Cost means the cost imputed to the Lenders in connection with a Borrowing denominated in British Pounds Sterling in compliance with the Mandatory Liquid Asset requirements of the Bank of England during an Interest Period (or part of an Interest Period), expressed as a rate per annum and determined in accordance with Exhibit C.
MLA Cost means, with respect to any Alternate Currency Loan made by any Lender, the cost imputed to such Lender of compliance with the Mandatory Liquid Assets requirements of the Bank of England during the Interest Period applicable to such Alternate Currency Loan, expressed as a rate per annum and determined in accordance with Exhibit H hereto.
MLA Cost means the cost imputed to the Banks of compliance with the mandatory liquid assets requirements of the Bank of England during the Term of a Loan denominated in Sterling, determined in accordance with Schedule 3.

Examples of MLA Cost in a sentence

  • At the time the connection is lost, the Foglight Agent Manager continues to collect the data from the host, storing the collected data on disk, including the collected data, which now contains the average response metrics.

  • Any Revolving Credit Loan consisting of Multicurrency LIBOR Loans will have added to such Loan the MLA Cost associated with such Loans.

  • Supported by the School Board, after meeting with the Board of Teachers, and issuing the corresponding report.• Referral to Counselor/Chaplain• Application of a Discipline ContractParents will be called in for a meeting before an internal/external suspension is imposed on a student.

  • The determination of the MLA Cost in relation to any period shall, in the absence of manifest error, be conclusive and binding on all parties hereto.

  • Each Applicable Borrower shall also pay all MLA Cost to each Lender which makes Loans in Pounds Sterling.


More Definitions of MLA Cost

MLA Cost means in relation to an Advance in Sterling, the cost of compliance with the Mandatory Liquid Assets requirements of the Bank of England during its Term or Interest Period, determined in accordance with Schedule 4. "national currency unit" means the unit of currency (other than a euro unit) of a Treaty Country.
MLA Cost means an addition to the interest rate on any Loan made by any Lender to compensate such Lender for the cost imputed to the Lender resulting from the imposition from time to time under or pursuant to the Bank of England Act 1998 (the “Act”) and/or by the Bank of England and/or the Financial Services Authority (“FSA”) (or other United Kingdom governmental authorities or agencies) of a requirement to place non-interest bearing cash ratio deposits or special deposits (whether interest bearing or not) with the Bank of England and/or fees to the FSA calculated by reference to liabilities used to fund the Loans, expressed as a rate per annum and determined in accordance with Schedule III.
MLA Cost means an addition to the interest rate on a Multicurrency LIBOR Loan to compensate a Lender for the cost imputed to a Lender in respect of any Multicurrency LIBOR Loan made during the term of any Multicurrency LIBOR Loan resulting from the imposition from time to time under or pursuant to the Bank of England Act 1998 (the “Act”) and/or by the Bank of England and/or the Financial Services Authority (the “FSA”) (or other United Kingdom governmental authorities or agencies) of a requirement to place non-interest-bearing deposits or special deposits (whether interest-bearing or not) with the Bank of England to meet cash ratio requirements and/or pay fees to the FSA calculated by reference to liabilities used to fund the Multicurrency LIBOR Loan.
MLA Cost means the cost imputed to the Banks of compliance with the Mandatory Liquid Assets requirements of the Bank of England during an Interest Period, expressed as a rate per annum and determined in accordance with Schedule 8.
MLA Cost means:
MLA Cost means, with respect to any Alternate Currency Loan made by a Lender, the cost imputed to such Lender of compliance with the Mandatory Liquid Assets requirements of the Bank of England during the Interest Period applicable to such Alternate Currency Loan, expressed as a rate per annum and determined in accordance with the formula set forth on Schedule 3 hereto.
MLA Cost means, subject to paragraph 3 below, the rate per annum determined by the Administrative Agent to be equal to the arithmetic mean (rounded to three decimal places with the mid-point rounded up) of the respective rates determined by the Administrative Agent as the rate resulting from the application of the following formula: A(D-E) + BD + C(D-F) ------------------- 100 - (B+C) where on the date upon which the calculation fails to be made: