TSRR definition

TSRR refers to the Term ▇▇▇▇▇ Reference Rate, denominated in British pounds. In accordance with banking industry practice, both parties unanimously agree to determine the pricing benchmark interest rate rule for this contract as T-2 TSRR, where “T” denotes the day the loan interest rate is determined, and “T-2” represents the two working days preceding that day.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

TSRR means the term rate of the Sterling Overnight Average Index in Sterling. In accordance with banking practice, the Parties have mutually agreed that the pricing base rate rules under this Contract shall be the T-2E TSRR term Rate, where “T “shall be the date on which the borrowing rate is fixed and “T-2” shall be the previous working e on that date. “T▇▇▇ “refers to the Tokyo overnight average interest rate in Japanese Yen. In accordance with banking practice, the Parties agree that the pricing base rate rule under this Contract shall be the T-5-day T▇▇▇, where “T” shall be the date on which the borrowing rate is fixed and “T-5 “shall be the five business days preceding that date.

TSRR means a rate equal to the ICE Term ▇▇▇▇▇ Reference Rate as administered by the TSRR Administrator.

Examples of TSRR in a sentence

• If Relative TSRR is between Threshold TSR and Target TSR or between Target TSR and Maximum TSR, the number of Shares issuable under your Performance Share Award will be equal to a percentage interpolated on a linear basis for performance between such amounts.

• However, a Customer and/or Customer Group Company may disclose the ICE TSRR Materials that are used as a reference rate in a transaction or financial product to its counterparty or counterparties to such transaction or financial product solely for the purposes of identifying the reference rate so used.

• RCAI manufactures and distributes certain asphalt and cement product release agents, lubricants and cleaners, which are used in the construction, paving and similar industries and which are sold under the RCAI trademarks `Alderox(R)', ASA-12(R), KR7(R), DCR(R), Paver Blend and TSR(R).

• No. 1 Original Sheet No. 168.3 TRUE-UP AND SURR TARIFF SHEET FILING FORMULA True-Up AmountNextRP = Periodic Payment RequirementCurrent RP – SUTC RemittancesCurrentRP Where; Periodic Payment Requirement = The portion of the TSRR used to calculate the current SURRs applicable to the current RP.

• The activity will include development of a formal test requirements document and a Test and Safety Readiness Review (TSRR) at the Test Facility.

• Company is engaged in the in the manufacture of certain asphalt and cement product release agents, form oils, curing agents, lubricants and cleaners, which are used in the construction, paving and similar industries and which are sold under the RCAI trademarks `Alderox(R)', ASA-12(R), KR7(R), DCR(R), Paver Blend(TM) and TSR(R).

• Fees are payable annually in advance within thirty (30) days of the date on which the ICE TSRR Usage Licence and the ICE RFR Indexes Usage Licence are effective and thereafter on the 1st January (or next Business Day) of every year of the Term of this Agreement.

• At the time of each True-Up, the servicer will provide a new TSRR amount for the coming RP which shall incorporate any variations calculated through a reconciliation of the current period TSRR actuals to the projections, forecasts, or estimates to the extent that actuals are available.

• Workpapers and necessary documentation supporting each element of the TSRR shall be included under affidavit with each SURR tariff sheet filing.

• Applied will market through the Corporate marketing department only the asphalt and cement product release agents, form oils, curing agents, lubricants and cleaners, which are used in the construction, paving and similar industries and which are sold under the RCAI trademarks `Alderox(R)', ASA-12(R), KR7(R), DCR(R), Paver Blend(TM) and TSR(R) in Applied's industry marketing programs during the course of this contract.

More Definitions of TSRR

TSRR means the forward-looking term rate based on ▇▇▇▇▇, as administered by the TSRR Administrator.

TSRR refers to the overnight average, ito, term rate in sterling. In accordance with banking practices, both parties agree to determine the priceless benchmark interest rate rule under this contract as the T-2 day TSRR term rate, in which “T” is the day when the borrowing rate is determined, ” T.2 ” for the first two jobs of the day ▇▇▇▇ ” refers to the average overnight interest rate in Tokyo in the Japanese yen. According to the banking practice, both parties agree to determine the position and the current pricing benchmark interest rate rule as “5 days ▇▇▇▇, in which T is the borrowing interest rate is determined when the negative seeker * 5” is the first five working days of the day.

TSRR means a rate equal to the ICE Term SONIA Reference Rate as administered by the TSRR Administrator. “TSRR Administrator” shall mean ICE Benchmark Administration Limited.

TSRR means the Term ▇▇▇▇▇ Reference Rate for GBP overnight average index, which is administered and published by Intercontinental E Exchange Benchmark Administration Limited (or other entity that takes over the pricing benchmark) and displayed on the corresponding page of Bloomberg/Refinitiv financial telecommunications terminal (or other information service agency alternative page that displays the pricing benchmark approved by the lender), and is applicable to GBP loans.

TSRR refers to the maturity rate of the sterling overnight average index in sterling. In accordance with banking practices, both parties agree to determine the pricing benchmark interest rate rule under this contract as “2 day TSRR term rate, in which” T “is the day when the borrowing rate is confirmed, and 2 noon” is the first two •’ on the day

TSRR means the term rate of the Sterling Overnight Average Index in Sterling. In accordance with banking practices, the Parties agree that the benchmark pricing rate rule under this Contract shall be the T-2 day TSRR term rate, where “T” refers to the date on which the borrowing rate is fixed and “T-2” refers to the two business days preceding that date.