Spread A definition
Examples of Spread A in a sentence
Subject to the Financial Instruments traded by the Client, the following charges may be incurred: Spread A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade.
During any Eurodollar Rate Periods, the Loan shall bear interest as a Eurodollar Rate Loan at a rate per annum equal at all times during each Interest Accrual Period to the sum of the Adjusted LIBOR for such Interest Accrual Period plus either Eurodollar Spread A or Eurodollar Spread B, as applicable, payable monthly in arrears on each Payment Date.
If the Loan-to-Value Ratio during any Interest Accrual Period is 60% or less, then during the period that such Loan-to-Value Ratio is 60% or less, Eurodollar Spread A shall apply to the determination of interest pursuant to this SECTION 2.2.2(a)(ii).