RoyNat definition
RoyNat means RoyNat Inc., its successors and assigns and, where applicable, includes those for whom it acts as nominee or agent.
RoyNat s Term Base Rate", means, at any time, the annual rate of interest which RoyNat establishes at its principal office in Toronto as the reference rate of interest which RoyNat will charge for closed fixed rate term loans in Canadian dollars made to its customers in Canada for varying durations and which it refers to as "RoyNat's Term Base Rate" for that duration of loan; and
RoyNat means RoyNat Inc., a corporation incorporated under the laws of Canada.
More Definitions of RoyNat
RoyNat means Roynat Merchant Capital Inc., its successors and assigns and, where applicable, includes those for whom it acts as nominee or agent.
RoyNat means RoyNat Capital Inc., a corporation incorporated under the laws of Canada;
RoyNat s Term Base Rate", when set, shall be equal to the then existing Government of Canada Bond Yield for terms of 1 or 2 years plus .55%, and for terms of 3, 4 or 5 years plus .75%, as the case may be, for the fixed term selected; and
RoyNat means RoyNat Capital Inc.;
RoyNat s Floating Base Rate for the Applicable Period" means, with respect to any Applicable Period, the arithmetic average (rounded to three decimal places) of the annual rate of interest which is the rate determined as being the arithmetic average of the "BA 1 month" rate applicable to Canadian Dollar bankers' acceptances displayed and identified as such on the "Reuters' Screen CDOR Page" (as defined in the International Swap Dealer Association, Inc. definitions, as modified and amended from time to time) as at approximately 10:00 a.m. on each Business Day during such Applicable Period, plus .50%; provided, however, if such rate does not appear on the Reuters' Screen CDOR Page as contemplated on any Business Day during such Applicable Period, then the rate on such Business Day shall be the prime lending rate of The Bank of Nova Scotia as at approximately 10:00 a.m. on such Business Day.