SOR Rate definition

SOR Rate means, for any Interest Period, the annual rate of interest administered by the Association of Banks in Singapore (or any other Person that takes over the administration of such rate) for Singapore Dollars and a period equal or comparable to such Interest Period as displayed on page ABSFIX01 of the Reuters screen (or, in the event such rate does not appear on a Reuters page or screen, on any successor or substitute page on such screen that displays such rate, or on the appropriate page of such other information service that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion; in each case the “SOR Screen Rate”) as of 12:00 p.m., London time, on the first day of such Interest Period or, if such day is not a Business Day, on the immediately preceding Business Day; provided that if the SOR Screen Rate shall be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement; provided further that if the SOR Screen Rate shall not be available at such time for such Interest Period then the SOR Rate shall be the Interpolated Rate or, if applicable pursuant to the terms of Section 2.14(a), the applicable Reference Bank Rate, in either case as of 12:00 p.m., London time, on such day or, if such day is not a Business Day, on the immediately preceding Business Day.
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SOR Rate means, in the case of any SOR Loan, with respect to each day during each Interest Period pertaining to such SOR Loan, the rate of interest determined on the basis of the rate for deposits in Singapore Dollars for a period equal to such Interest Period commencing on the first day of such Interest Period appearing on Page 50157 of the Telerate screen as of 11:00 a.m. (Singapore time) two Singapore Business Days prior to the beginning of such Interest Period. In the event that any such rate does not appear on the applicable Page of the Telerate Service (or otherwise on such service), the “SOR Rate” for the purposes of this paragraph shall be determined by reference to Page “ABSIRFIX01” of the Reuters screen. In the event that any such rate also does not appear on both such Pages, the “SOR Rate” for the purposes of this paragraph shall be the rate per annum notified to the Administrative Agents by the Reference Lender as the rate at which the Reference Lender is offered Singapore Dollar deposits at or about 11:00 a.m. (Singapore time) two Singapore Business Days prior to the beginning of such Interest Period in the Singapore interbank market for delivery on the first day of such Interest Period for the number of days comprised therein and in an amount comparable to the amount of its S$ Revolving Credit Loan outstanding or, as the case may be, to be outstanding during such Interest Period.
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Examples of SOR Rate in a sentence

  • Index Cessation Effective Date Upon the occurrence of an Index Cessation Event, the rate for a Reset Date occurring two or more Singapore and London Banking Days after the Index Cessation Effective Date will be determined as if references to SGD-SOR-VWAP were references to Fallback Rate (SOR) for the ‘Original SOR Rate Record Day’ that corresponds to the Original SOR Fixing Date, as most recently provided or published as at 11:30 a.m., New York City time on the related Fallback Observation Day.

  • Whenever the minimum wage rate increases, the department will pay the corresponding premium of the SOR Rate.

  • For the purposes of this Rate Option and references to Fallback Observation Day in this Rate Option, references to “Business Days” will be to those Business Days applicable for the purposes of the payment obligation which is calculated by reference to this Rate Option and references to an “Original SOR Rate Record Day” are to that term as used on the Fallback Rate (SOR) Screen.

  • As referenced in the Calculation Methodology for Fallback Rate (SOR) published by ABS Co on 7 August 2020.7.Publication TimingFallback Rate (SOR) will be published in arrears, for every Original SOR Rate Record Day, prior to or at 9.15 a.m. NYT (9.15 p.m. or 10.15 p.m. SGT).

  • Thereafter, the Company may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurocurrency Revolving Borrowing, CDOR Rate Borrowing, Australian Xxxx Rate Borrowing or SOR Rate Borrowing, may elect Interest Periods therefor, all as provided in this Section.

  • Of vehicle to be hired SOR Rate ( /- day) SOR estimated Amount ( ) Hiring of light commercial vehicle for use in all units of Lodna area 05 No’s Jeep’s(soft top/Hard top) & 02 Ambulance Jeep.

  • Rate to be deducted for not carrying out the work (As per SOR Rate) 1.If numbering are not done as per standard specifications due to negligence from Contractor side in that case Rate of Rs.38/- per location will be deducted from the bill.

  • To be quoted on FOR, Bina (BORL Siding) by Rail (in Indian Rupees) as per SOR Rate Format of BORL.

  • An Original SOR Rate Record Day is:  every Singapore, London and New York Business Day on which an Overnight SOR would have been published with respect to an Overnight Fallback Rate (SOR); and  every Singapore and London Business Day on which a 1-month, 3-month and 6-month SOR would have been published with respect to 1-month, 3-month and 6- month Fallback Rates (SOR).8.Business Day ConventionModified Following Business Day Convention.

  • It will then have to be considered, as the Cologne European Council decided, “whether and, if so, how the Charter should be integrated into the treaties”.

Related to SOR Rate

  • Curr Rate CLTV: Prin Bal: Maturity Date: Lien Pos: 4059041 UT 180 14 153603.56 35000 498.88 664 405904100000000 6 178 1 162000 11/22/2000 38 RIVERTON 84065 2 15.380 117 34948.44 11/29/2015 2 4059042 CT 300 14 114251.25 63100 759.1 701 405904200000000 8 298 1 142000 11/22/2000 25 WEST HAVEN 6516 2 13.990 125 63052.81 11/29/2025 2 4059043 AL 300 14 78002.5 58000 653.71 701 405904300000000 8 298 1 120000 11/18/2000 27 ALABASTER 35007 2 12.990 114 57804.38 11/24/2025 2 4059044 LA 180 14 85280.65 18400 270.12 664 405904400000000 6 178 1 83000 11/22/2000 44 WEST MONROE 71292 2 15.990 125 18349.79 11/29/2015 2 4059045 CO 180 14 120223.65 48000 675.92 663 405904500000000 6 178 1 155000 11/24/2000 48 DENVER 80249 2 15.130 109 47929.08 11/30/2015 2 4059046 VA 180 14 74038.18 44500 592.33 682 405904600000000 6 178 1 96000 11/22/2000 40 CHESAPEAKE 23322 2 13.990 124 44352.08 11/29/2015 2 4059047 NY 180 14 76414.36 16000 223.83 662 405904700000000 6 178 1 90000 11/25/2000 34 ALBANY 12210 2 14.990 103 15925.11 11/30/2015 2 4059048 OK 120 14 57160.45 11200 194.59 645 405904800000000 5 118 1 65000 11/24/2000 30 YUKON 73099 2 16.990 106 11127.45 11/30/2010 2 4059049 CT 180 14 104687.05 36300 507.81 665 405904900000000 6 178 1 113000 11/17/2000 33 BRISTOL 6010 2 14.990 125 36245.64 11/24/2015 2 4059050 NY 180 14 85937.89 45000 629.51 663 405905000000000 6 178 1 110000 11/22/2000 28 CORTLAND 13045 2 14.990 120 44932.62 11/29/2015 2 4059051 MA 180 14 119094.95 25000 367.01 667 405905100000000 6 178 1 145000 11/18/2000 39 TEMPLETON 1468 2 15.990 100 24930.78 11/24/2015 2 4059052 WI 180 14 83695.86 39300 496.99 726 405905200000000 6 178 1 104000 11/19/2000 30 TWIN LAKES 53181 2 12.990 119 39225.42 11/24/2015 2 4059053 PA 300 14 93747.78 57900 696.54 687 405905300000000 8 298 1 121500 11/21/2000 49 BETHLEHEM 18015 2 13.990 125 57849.75 11/28/2025 2 4059054 GA 300 14 82765.36 31600 392.53 664 405905400000000 8 298 1 110000 11/22/2000 43 MAYSVILLE 30558 2 14.500 104 31578.47 11/29/2025 2 4059055 FL 180 14 90534.67 29200 364.67 735 405905500000000 6 178 1 100000 11/18/2000 42 JACKSONVILLE 32223 2 12.750 120 29090.58 11/24/2015 2 4059056 VA 180 14 175928.81 50000 699.46 661 405905600000000 6 178 1 200000 11/18/2000 42 VIRGINIA BEACH 23456 2 14.990 113 49849.31 11/24/2015 2

  • SOFR Rate means the rate that will be obtained by the Paying Agent for each Interest Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, means, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Ramp Rate is the applicable Ramp Rate as stated in Section 8 of Schedule A.

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the Reserve Percentage.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • CDOR Rate means, the rate per annum, equal to the average of the annual yield rates applicable to Canadian Dollar banker’s acceptances at or about 10:00a.m. (Toronto, Ontario time) on the first day of such Interest Period (or if such day is not a Business Day, then on the immediately preceding Business Day) as reported on the “CDOR Page” (or any display substituted therefor) of Reuters Monitor Money Rates Service (or such other page or commercially available source displaying Canadian interbank bid rates for Canadian Dollar bankers’ acceptances as may be designated by the Administrative Agent from time to time) for a term equivalent to such Interest Period (or if such Interest Period is not equal to a number of months, for a term equivalent to the number of months closest to such Interest Period).

  • Reference Rate means the rate specified as such hereon.

  • Eurodollar Rate with respect to each day during each Interest Period pertaining to a Eurodollar Loan, a rate per annum determined for such day in accordance with the following formula (rounded upward to the nearest 1/100th of 1%): Eurodollar Base Rate

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR

  • Error Rate is the total number of Failed Requests divided by Total Requests, across all Resources in a given Azure subscription, during a given one-hour interval. If the Total Requests in a given one-hour interval is zero, the Error Rate for that interval is 0%.

  • Weighted Average Net Mortgage Rate The weighted average of the Net Mortgage Rates of the Mortgage Loans, weighted on the basis of the Stated Principal Balances thereof as of the close of business on the first day of the calendar month preceding the month in which such Distribution Date occurs.

  • Applicable LIBOR Rate means, (a) for Auction Periods of 35 days or less, One-Month LIBOR, (b) for Auction Periods of more than 35 days but less than 91 days, Three-Month LIBOR, (c) for Auction Periods of more than 90 days but less than 181 days, Six-Month LIBOR, and (d) for Auction Periods of more than 180 days, One-Year LIBOR.

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • Hurdle Rate means the minimum annual rate of return over the Net Asset Value at launch, or the beginning of the relevant Performance Period, as applicable, that must be achieved before an Equalisation Performance Fee is applied (details of which are set out in the section headed “Unit Class Information” in the Supplement for the relevant Fund where applicable). This rate is accrued at each Valuation Point.

  • Lease Rate means for each 2010-1 Lease, the rent charge portion of each Monthly Payment, calculated on a constant yield basis at an imputed interest rate.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • EURIBOR Rate has the meaning assigned thereto in the definition of “Eurocurrency Rate”.

  • Initial LIBOR Rate Not applicable.

  • Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;

  • Base LIBOR Rate means the rate per annum, determined by Agent in accordance with its customary procedures, and utilizing such electronic or other quotation sources as it considers appropriate (rounded upwards, if necessary, to the next 1/16%), on the basis of the rates at which Dollar deposits are offered to major banks in the London interbank market on or about 11:00 a.m. (California time) 2 Business Days prior to the commencement of the applicable Interest Period, for a term and in amounts comparable to the Interest Period and amount of the LIBOR Rate Loan requested by Administrative Borrower in accordance with this Agreement, which determination shall be conclusive in the absence of manifest error.

  • LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, the LIBO Screen Rate at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period; provided that if the LIBO Screen Rate shall not be available at such time for such Interest Period (an “Impacted Interest Period”) then the LIBO Rate shall be the Interpolated Rate.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Turnover Rate means the period of time (usually in hours) required to circulate a volume of water equal to the pool or spa capacity.