Relevant Interest Rate definition

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 3.5(b), TELERATE;

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.

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).

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.

• 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.

• Each payment (other than the payment of principal made on the Relevant Borrowing Date) shall include interest at the Relevant Interest Rate that has accrued and is unpaid on the Relevant Loan.

• In the event the Security Trustee shall fail to ma1ce any such payment as provided above after its receipt of immediately available funds at the place and by the time specified above, the Security Trustee agrees to compensate the Lender for loss of use of funds at the Relevant Interest Rate, in the case of principal of or interest on any Relevant Loan, or the weighted average interest rate of the Loans, in the case of any other amount, in each case for the applicable period.

• Such Relevant Notes shall specify the Relevant Interest Rate and the amount of each installment (including the amounts of principal and, if the Relevant Interest Rate is a Fixed Rate, interest comprising such installment) for the Relevant Loan A or Relevant Export Credit Guarantee Loan evidenced thereby.

More Definitions of Relevant Interest Rate

Relevant Interest Rate means the base-lending rate for pounds sterling of the Bank of England applicable from time to time plus five percentage points (5%).

Relevant Interest Rate means the Benchmark Interest Rate or such higher interest rate as the Lender and the Borrower agree upon from time to time;

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

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 �me to �me which is appropriate to the currency of the outstanding amount or the Underlying Instruments (as applicable) as detailed on the daily statement. ROLLOVER BENEFIT means a benefit you may receive on short Margin FX Contracts and CFDs held overnight and which is described in clause 13.5 of this Agreement; ROLLOVER CHARGE means a charge you may have to pay where you have a long FX Posi�on held overnight and which is described in clause 13.5 of this Agreement;