United States Treasury Rate definition

United States Treasury Rate means a rate of interest per annum equal to (rounded downward to the nearest 1/100 of one percent) the annual yield the Agent on behalf of the Lenders could obtain by purchasing on the date of repayment United States Treasury Securities with semi-annual interest payments, maturing on or about the date on which the repaid portion of the LIBOR Based Rate Loan would have matured.
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United States Treasury Rate means a rate of interest per annum, equal to (rounded downward to the nearest 1/100 of 1%) the annual yield Agent could obtain by purchasing on the date of repayment of a LIBOR Rate Loan United States Treasury Securities with semi-annual interest payments, maturing on or about the last date of the corresponding Rate Period, in amounts approximately equal to that amount of the repaid portion which was applied to principal earning interest at the LIBOR Rate at the time of repayment.
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United States Treasury Rate means the 10-year U.S. Treasury Rate in effect as reported in the Western Edition of The Wall Street Journal on the tenth calendar day preceding the Final Disbursement Date. In the event The Wall Street Journal ceases to publish such Treasury information, Lessor shall select an alternative publication which publishes comparable information most nearly approximating such information.
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Examples of United States Treasury Rate in a sentence

  • The interest rates on these notes will not exceed the reference United States Treasury Rate plus 300 basis points or the cost of acquisition.

  • Commencing on June 10, 2035 (“Adjustment Date”), the interest rate shall adjust to the ten-year constant maturity United States Treasury Rate index published by the Federal Reserve Board as of the Adjustment Date, plus 2.24% per annum, which sum shall be multiplied by the Lender’s then tax-exempt equivalent factor.

  • With respect to the interest rate on the Formation Bond, the County’s FinancialAdvisor has indicated that the interest rate on a taxable municipal security is most often measured as a spread to the current United States Treasury Rate for an equivalent term security because United States Treasury Securities are also taxable.

  • With respect to the interest rate on the Formation Bond, the County’s Financial Advisor has indicated that the interest rate on a taxable municipal security is most often measured as a spread to the current United States Treasury Rate for an equivalent term security because United States Treasury Securities are also taxable.

  • Minimum of $5,000 to a maximum of $35,000 RATE One (1.0%) percent above the United States Treasury Rate found in the Wall Street Journal on the date of closing.

  • The rate so fixed (the “Tranche B Fixed Rate”) with respect to each Tranche B Fixed Amount shall be equal to the sum of (A) the Interpolated United States Treasury Rate with respect to such Tranche B Fixed Amount plus (B) the Applicable Spread determined as of the Tranche B Fixing Date of such Tranche B Fixed Amount plus (C) any Delayed Delivery Fee added to the interest pursuant to Section 2.2(d)(vii) hereof.

  • LIBOR (The London Interbank Offered Rate) as well as the United States Treasury Rate are generally the most common indexes followed.53 b.

  • From and including 15 April 2024, the interest rate shall be reset to a fixed rate equal to the prevailing five-year United States Treasury Rate plus the Initial Spread of 1.50%.

  • SIP Internal Lending Rate means an interest rate formula for the interfund lending of funds from the Spokane Investment Pool, calculated as of the first day of the month in which the Bond is issued as follows: a rate equivalent to the United States Treasury Rate of like maturity plus 50 basis points (.50%).

  • Loan Terms include a Permanent Period of 18 years on a 30-year amortization basis with interest to be fixed at closing based upon the 10-Year United States Treasury Rate plus 150 bp with a floor of 7.500%.


More Definitions of United States Treasury Rate

United States Treasury Rate means a rate of interest per annum (rounded upward to the next higher whole multiple of 1/100% if such rate is not such a multiple), equal to the annual yield the Bank could obtain by purchasing on the date of prepayment United States Treasury Securities with semi-annual interest payments, maturing on
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United States Treasury Rate means the five-year treasury constant maturity rate on U.S. government securities as reported in the Federal Reserve Statistical Release H.15(519) on a given date.
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United States Treasury Rate means (a) a rate of interest per --------------------------- annum, equal to (rounded downward to the nearest 1/100 of 1%) the annual yield (as reflected in the Wall Street Journal or other financial reporting services, as reasonably determined by Bank) Bank could obtain by purchasing on the date of repayment of the Term Loan, United States Treasury Securities with semi-annual interest payments, maturing on or about the last date of the Term Period amounts approximately equal to that amount of the repaid portion which was applied to principal earning interest at the Fixed Rate at the time of repayment, plus (b) ---- 115 basis points.
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United States Treasury Rate means a rate of interest per annum, equal to (rounded downward to the nearest 1/100 of one percent) the annual yield Bank could obtain by purchasing on the date of repayment United States Treasury Securities with semi-annual interest payments, maturing on or about the date on which the repaid portion of principal would have matured. WITNESS the due execution and delivery hereof, intending to be legally bound. BURNHAM CORPORATION Attest: /s/ Robert Berardi /s/ Ronald Griffith --------------------- ----------------------------- (Corporate Seal) By: Ronald L. Griffith Xxxxx: Xxxxxx Xice President /s/ Albert Morrison, III ----------------------------- By: Albert Morrison, III Xxxxx: Xxxsident
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Related to United States Treasury Rate

  • U.S. Treasury Rate means, with respect to any Remaining Distribution Amount, a rate determined one Business Day prior to the Optional Repurchase Distribution Date that is equal to the U.S. Treasury rate on such date (determined by reference to Bloomberg Financial Markets Commodities News) with a maturity equal to the period from such Optional Repurchase Distribution Date to the Applicable Distribution Date with respect to such Remaining Distribution Amount (or, if such maturity is unavailable, such rate shall be determined by linear interpolation using the U.S. Treasury rates with the two closest maturities to such period).

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the arithmetic mean of the five most recent daily yields to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the arithmetic mean of the five most recent daily yields to maturity for each of the two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15. If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clauses (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.

  • U.S. Treasury Bill Rate on any date means (i) the Interest Equivalent of the rate on the actively traded Treasury Bill with a maturity most nearly comparable to the length of the related Dividend Period, as such rate is made available on a discount basis or otherwise by the Federal Reserve Bank of New York in its Composite 3:30 P.M. Quotations for U.S. Government Securities report for such Business Day, or (ii) if such yield as so calculated is not available, the Alternate Treasury Bill Rate on such date. "Alternate Treasury Bill Rate" on any date means the Interest Equivalent of the yield as calculated by reference to the arithmetic average of the bid price quotations of the actively traded Treasury Bill with a maturity most nearly comparable to the length of the related Dividend Period, as determined by bid price quotations as of any time on the Business Day immediately preceding such date, obtained from at least three recognized primary U.S. Government securities dealers selected by the Auction Agent.

  • Applicable Treasury Rate means the yield to maturity at the time of computation of United States Treas- ury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15 (519) which has become publicly available at least two Business Days prior to the redemption date (or, if such statistical release is not so published or available or such information is not available thereon, any publicly available source of similar market data selected by the Company in good faith)) most nearly equal to the period from the redemption date to April 1, 2021; provided, however, that if the period from the redemption date to April 1, 2021 is not equal to the constant maturity of a United States Treasury security for which a weekly average yield is given, the Applicable Treasury Rate shall be obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the weekly average yields of United States Treasury securities for which such yields are given, except that if the period from the redemption date to such applicable date is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used.

  • U.S. Treasury Note Rate on any date means (i) the yield as calculated by reference to the bid price quotation of the actively traded, current coupon Treasury Note with a maturity most nearly comparable to the length of the related Dividend Period, as such bid price quotation is published on the Business Day immediately preceding such date by the Federal Reserve Bank of New York in its Composite 3:30 P.M. Quotations for U.S. Government Securities report for such Business Day, or (ii) if such yield as so calculated is not available, the Alternate Treasury Note Rate on such date. "Alternate Treasury Note Rate" on any date means the yield as calculated by reference to the arithmetic average of the bid price quotations of the actively traded, current coupon Treasury Note with a maturity most nearly comparable to the length of the related Dividend Period, as determined by the bid price quotations as of any time on the Business Day immediately preceding such date, obtained from at least three recognized primary U.S. Government securities dealers selected by the Auction Agent.

  • Adjusted Treasury Rate means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.

  • Treasury Yield means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable fixed interest rate U.S. Treasury Securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15(519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Corporation by at least three recognized dealers in U.S. Government Securities selected by the Corporation.

  • Comparable Government Bond Rate means the price, expressed as a percentage (rounded to three decimal places, with 0.0005 being rounded upwards), at which the gross redemption yield on the Notes to be redeemed, if they were to be purchased at such price on the third Business Day prior to the date fixed for redemption, would be equal to the gross redemption yield on such Business Day of the Comparable Government Bond on the basis of the middle market price of the Comparable Government Bond prevailing at 11:00 a.m. (London time) on such Business Day as determined by an Independent Investment Banker.

  • T-Bill Rate means, for any Quarterly Floating Rate Period, the average yield expressed as a percentage per annum on three-month Government of Canada Treasury Bills, as reported by the Bank of Canada, for the most recent treasury bills auction preceding the applicable Floating Rate Calculation Date.

  • 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;

  • Bank Bill Rate ’, for an Interest Period, means the average mid rate for Bills having a tenor closest to the Interest Period as displayed on the ‘‘BBSW’’ page of the Reuters Monitor System on the first day of that Interest Period as determined by the Calculation Agent.

  • District and high school graduation rate means the annual completion and pupil dropout rate that is calculated by the center pursuant to nationally recognized standards.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Daily Rate means the rate specified as such in the Reference Rate Terms.

  • Money Market Yield means a yield (expressed as a percentage) calculated in accordance with the following formula: Money Market Yield = D x 360 x 100 360 – (D x M) where “D” refers to the applicable per annum rate for commercial paper quoted on a bank discount basis and expressed as a decimal, and “M” refers to the actual number of days in the applicable Interest Reset Period.

  • Comparable Treasury Issue means the United States Treasury security selected by an Independent Investment Banker as having a maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such Notes.

  • Federal short-term rate means the rate of the average market yield on outstanding marketable obligations of the United States with remaining periods to maturity of three years or less, as determined under section 1274 of the Internal Revenue Code, for July of the current year.

  • Bund Rate means, with respect to any relevant date, the rate per annum equal to the equivalent yield to maturity as of such date of the Comparable German Bund Issue, assuming a price for the Comparable German Bund Issue (expressed as a percentage of its principal amount) equal to the Comparable German Bund Price for such relevant date, where:

  • CD Rate means: (1) the rate on the particular Interest Determination Date for negotiable United States dollar certificates of deposit having the Index Maturity specified on the face hereof as published in H.15(519) (as defined below) under the caption “CDs (secondary market)”; or (2) if the rate referred to in clause (1) is not so published by 3:00 P.M., New York City time, on the related Calculation Date, the rate on the particular Interest Determination Date for negotiable United States dollar certificates of deposit of the particular Index Maturity as published in H.15 Daily Update (as defined below), or other recognized electronic source used for the purpose of displaying the applicable rate, under the caption “CDs (secondary market)”; or (3) if the rate referred to in clause (2) is not so published by 3:00 P.M., New York City time, on the related Calculation Date, the rate on

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Weekly Rate means the Interest Rate Mode for the Bonds in which the interest rate on such Bonds is determined weekly in accordance with Section 2.02(c)(iii).

  • Citizen of the United States has the meaning specified for such term in Section 40102(a)(15) of Title 49 of the United States Code or any similar legislation of the United States enacted in substitution or replacement therefor.

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