Santander Base Rate definition

Santander Base Rate means for Sterling, the Bank of England bank rate which may change at any time and with immediate effect and (if applicable) for Approved Currencies the base lending rate in a relevant country for that Approved Currency at such rate as is published from time to time on the Santander website (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇/internationalrates) provided that any change (upwards or downwards) to an initial rate published on such website shall be applied so that (a) for a base lending rate in Euro, the amended rate as it appears on the day of the rate change announcement; or (b) for a base lending rate in US Dollars, the amended rate as of the Business Day immediately following the day of the rate change announcement; and/or (c) in the case of any base lending rate in an Approved Currency which is not Sterling, US Dollar or Euro then it shall be amended on the day that Santander becomes aware of the change as part of its regular periodic checks of the current rates on its website referred to above.
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Santander Base Rate means for Sterling, the Bank of England bank rate which may change at any time and with immediate effect and (if applicable) for Approved Currencies the base lending rate in a relevant country for that Approved Currency at such rate as is published from time to time on the Santander website (https://www.santandercb.co.uk/internationalrates) provided that any change (upwards or downwards) to an initial rate published on such website shall be applied so that (a) for a base lending rate in Euro, the amended rate as it appears on the day of the rate change announcement; or (b) for a base lending rate in US Dollars, the amended rate as of the Business Day immediately following the day of the rate change announcement; and/or (c) in the case of any base lending rate in an Approved Currency which is not Sterling, US Dollar or Euro then it shall be amended on the day that Santander becomes aware of the change as part of its regular periodic checks of the current rates on its website referred to above.
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Related to Santander Base Rate

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the higher of:

  • U.S. Base Rate means, on any day, the annual rate of interest equal to the greater of (a) the annual rate of interest announced by a commercial Canadian bank selected by the Lender and in effect as its base rate at its principal office in Toronto, Ontario on such day for determining interest rates on Dollar demand commercial loans in Canada, and (b) the sum of the Federal Funds (Effective) Rate plus 0.50% per annum.

  • CD Base Rate has the meaning set forth in Section 2.07(b).

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • LIBO Base Rate means with respect to each day an Advance is outstanding (or if such day is not a Business Day, the next succeeding Business Day), the rate per annum equal to the rate published by Bloomberg or if such rate is not available, the rate appearing at page 3750 of the Telerate Screen as one-month LIBOR on such date, and if such rate shall not be so quoted, the rate per annum at which the Lender is offered Dollar deposits at or about 11:00 A.M., eastern time, on such date by prime banks in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations in respect of its Advances are then being conducted for delivery on such day for a period of one month and in an amount comparable to the amount of the Advances to be outstanding on such day.