Relevant Interest Rate definition

Relevant Interest Rate means such applicable interest rate as we may reasonably select from time to time which is appropriate to the currency of the outstanding amount or the Underlying Instruments (as applicable) as detailed on the daily statement.

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Relevant Interest Rate means RBS LIBOR or, in the case where a Transaction is to be, or has been, entered into under the Master Agreement and the Borrower has not made an election pursuant to Clause 4.4(b), TELERATE;

Relevant Interest Rate means RBS LIBOR, or, in the case where a Transaction is to be, or has been entered into under the Master Agreement and the Borrower have not made an election pursuant to Section 2.06(d), TELERATE.

Examples of Relevant Interest Rate in a sentence

• Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate for that Interest Period, and (c) the Mandatory Cost Rate.

• Such Relevant Loan Agreement shall specify for Loan A the Relevant Interest Rate and the amount of each installment (including the amounts of principal and interest comprising such installment), and for Loan B, the interest rate and amortization schedule.

• Such Relevant Interest Rate shall be determined using the methodology and computation method specified in Schedule V hereto, as applicable; PROVIDED that, in the case of any delay in the Relevant Borrowing Date pursuant to Section 2.3, for the purpose of determining the Relevant Interest Rate, Relevant LIBOR shall be the Relevant LIBOR determined as of the second Business Day prior to the actual Relevant Borrowing Date for the Relevant Aircraft.

• Subject to the provisions of this Agreement, the rate of interest on an Advance in respect of the Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate for that Interest Period and (c) the Mandatory Cost Rate, if any.

• Where MRASCo exercises its rights under Clause 9.7, interest shall be payable on that amount at an annual rate equal to the Relevant Interest Rate compounded daily from and including the Due Date until, but excluding, the date payment is made.

More Definitions of Relevant Interest Rate

Relevant Interest Rate means the best interest rate available to the Operator at the relevant time determined, unless otherwise agreed by the Authority, by reference to at least three (3) quotes from providers of finance (the identity of which shall be agreed in advance with the Authority).

Relevant Interest Rate the rate per annum determined in accordance with Schedule V, based upon Relevant LIBOR.

Relevant Interest Rate means, the lesser of (1) 10% per annum and (2) the per annum weighted averaged of the preferred returns accrued by the investors in the Lender during the prior month, excluding the impacts of new amounts invested during a partial month, as determined by the Lender in good faith.

Relevant Interest Rate means TELERATE, or, where TELERATE is not quoted for such Interest Period or where TELERATE is not elected pursuant to Section 2.06(d), RBS LIBOR.

Relevant Interest Rate means the base rate from time to time of The Royal Bank of Scotland plc or, if such rate is at any time incapable of ascertainment, such reasonably equivalent rate as the Landlords and the Tenants may agree or, in the absence of such agreement, as may be fixed by an arbiter to be appointed at the written request of the Landlords or the Tenants by the President (or other senior executive replacing or deputising for the President) for the time being of the Law Society of Scotland;

Relevant Interest Rate means such applicable interest rate as we may reasonably select from time to time which is appropriate to the currency of the outstanding amount or the Underlying Instruments (as applicable) as detailed on the daily statement ROLLOVER RATE means the rate determined by us from time to time, having regard to Interbank Rates SERVICES means the services provided by us under this Agreement SETTLEMENT DATE means such settlement date following the Closing Date as we may reasonably determine in accordance with practice in the relevant market and notify to you at the time of entering into the Contract SHORT PARTY means in relation to a Margin FX Contract, the party that has sold a Margin FX Contract in opening a Margin FX Contract Position SPREAD means the difference in the bid and offer prices of a Margin FX Contract quoted from time to time by us and, where appropriate, expressed as a percentage of the relevant price STOP LOSS ORDER is an order placed with the aim of limiting the potential loss on an open Position SWAP BENEFIT means benefits you may receive on short Margin FX contracts held overnight SWAP CHARGE means a charge you may have to pay where you have a Margin FX Contract SWAP RATE means the rate determined by us from time to time having regard to Interbank Rates TOTAL EQUITY means the aggregate of the current cash balance in your Account and your current unrealised profits and losses TOTAL MARGIN REQUIREMENT means the sum of your Margin Requirements for all of your open Positions TRADING PLATFORM means the trading platform in the Electronic Service we make available to you by which you may trade with us online in our Margin FX Contracts UNDERLYING ENTITY means an entity that is the issuer of an Underlying Instrument.

Relevant Interest Rate means 8.5 per cent. per annum, provided that if the Issuer does not issue an Optional Redemption Notice within the prescribed period pursuant to Condition 8(C), the Applicable Interest shall increase to 11.0 per cent. per annum with effect from and including 4 November 2018.