Reference Interest Rate definition

Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;
Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen
Reference Interest Rate means the Reference Interest Rate given in the Table of Product Details, which is currently published on the screen page given in the Table of Product Details in column "Reference Interest Rate/Reuters Page".

Examples of Reference Interest Rate in a sentence

  • The Reference Interest Rate shall be replaced with the reference rate, which is determined by any applicable law or regulation or announced by the administrator of the Reference Interest Rate, the competent central bank or a regulatory or supervisory authority as the successor rate for the Reference Interest Rate and the source of which is accessible to the Calculation Agent.

  • It refers to the fixed nominal amount.With regard to the interest periods for which a variable interest rate is applied, the interest rate depends on the development of a reference interest rate or a swap rate (the "Reference Interest Rate").

  • The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than -5% p.a. and will not exceed 5% p.a. hc Hedging Cost: 0% p.a .on the Issue Date.

  • A “tracker rate” is a rate which moves in line with changes to a Reference Interest Rate.

  • In connection with the implementation of a Reference Interest Rate for the Relevant Currency Replacement, the Issuer or its designee will have the right to make Reference Interest Rate for the Relevant Currency Replacement Conforming Changes from time to time.Decisions and Determinations.


More Definitions of Reference Interest Rate

Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.
Reference Interest Rate means a publicly accessible benchmark interest rate from time to time in effect that serves as the basis for the calculation of any applicable interest rate and on the measure of which the Bank has no influence; typically either BUBOR, LIBOR or EURIBOR, depending on the currency;
Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.The Reference Interest Rate shall not be less than zero.In the event that the Reference Interest Rate is not published on the relevant screen page on the relevant day and time the Determination Agent will determine the Reference Interest Rate in its reasonable discretion pursuant to §317 BGB by taking into consideration the relevant capital market practice and by acting in good faith. The Determination Agent shall notify the Fiscal Agent and the Holders thereof in accordance with §12.Notwithstanding the terms set forth elsewhere in these Terms and Conditions, if the Determination Agent determines that any of the following events has occurred:
Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.The Reference Interest Rate shall not be less than zero.In the event that the Reference Interest Rate is not published on the relevant screen page on the relevant day and time the Determination Agent will determine the Reference Interest Rate in its reasonable discretion pursuant to §317 BGB by taking into consideration the relevant capital market practice and by acting in good faith. The Determination Agent shall notify the Fiscal Agent and the Holders thereof in accordance with §12.Vorgehensweisen und Methoden der Berechnung des Index und, soweit vorhanden, zu Anpassungen dieses Index aufstellt und überwacht, und welche regelmäßig an jedem Planmäßigen Handelstag den Stand des Index (entweder unmittelbar oder durch eine beauftragte Stelle) veröffentlicht; dabei gilt jede Bezugnahme auf den 'Index- Administrator' auch als Bezugnahme auf den "Index- Administrator-Nachfolger" wie nachfolgend in §4b(1) definiert.
Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.The Reference Interest Rate shall not be less than zero.In the event that the Reference Interest Rate is not published on the relevant screen page on the relevant day and time the Determination Agent will determine the Reference Interest Rate in its reasonable discretion pursuant to §317 BGB by taking into consideration the relevant capital market practice and by acting in good faith. The Determination Agent shall notify the Fiscal Agent and the Holders thereof in accordance with §12.Reference Interest Rate Replacement. If the Issuer or its designee determines that a Reference Interest Rate Transition Event and its related Reference Interest Rate Replacement Date have occurred prior to the Reference Time in respect of any determination of the Reference Interest Rate on any date, the Reference Interest Rate Replacement will replace the then-current Reference Interest Rate for all purposes relating to the Securities in(Wertpapierwertvorangehend x Target Hebelfaktor) / (Aktien-Kursvorangehend –Dividende); oder(ii) falls ein Reset Ereignis eingetreten ist, ein Bezugsverhältnis, welches von der Festlegungsstelle wie folgt berechnet wird:(Wertpapierwert x Target Hebelfaktor) / Hedging-Wert.Zur Klarstellung: Der Wertpapierwert, der in der Berechnung des Rebalance Bezugsverhältnisses unter(ii) verwendet wird ist derjenige Wertpapierwert, der aufgrund eines Reset Ereignisses neu berechnet wird.
Reference Interest Rate means a publicly available interest rate such as the Bank of England bank rate;
Reference Interest Rate means the interest rate which is used as the basis for the calculation of the interest rate to be applied and is subject to a source available to the public that can be verified by both parties of the Agreement for payment services.