Rate Option means the Eurodollar Rate or the Floating Rate.
Rate Option means the Eurodollar Rate or the Floating Rate, as applicable.
Rate Option means the Eurocurrency Rate or the Floating Rate, as applicable.
Examples of Rate Option in a sentence
Where ISDA Determination applies to the calculation of interest, the applicable Final Terms will also specify the applicable Floating Rate Option, Designated Maturity and Reset Date.
Borrower, from time to time, may select the Rate Option and, in the case of each LIBOR Advance, the commencement date (which shall be a Business Day) and the length of the LIBOR Interest Period applicable to each LIBOR Advance.
More Definitions of Rate Option
Rate Option means the Libor Rate or the Base Rate.
Rate Option. A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or
Rate Option means the Adjusted Alternate Base Rate or the Adjusted LIBOR Rate. The Rate Option in effect on any date shall always be the Adjusted Alternate Base Rate unless the Borrower has properly selected the Adjusted LIBOR Rate pursuant to Section 2.11 hereof.
Rate Option has the meaning given to it in the ISDA Definitions;
Rate Option has the meaning given to it in the applicable Final Terms or if not specified in the Final Terms, the ISDA Definitions;
Rate Option means the Adjusted Prime Rate, the Adjusted LIBOR Rate or the Absolute Rate (only as applicable to Competitive Bid Loans). The Rate Option in effect on any date shall always be the Adjusted Prime Rate unless the Borrower has properly selected the Adjusted LIBOR Rate pursuant to Section 2.10 hereof or a Competitive Bid Loan pursuant to Section 2.16 hereof.