Variable Rate Borrowings definition

Variable Rate Borrowings means any borrowing by the Association pursuant to rule 19.(a) in respect of which the rate of interest has not been fixed for a term in excess of twelve months and the term "fixed" shall exclude any borrowing where the rate of interest is indexed in accordance with a retail price index or other published index.
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Variable Rate Borrowings means any borrowing by the Association pursuant to Rule
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Variable Rate Borrowings means any borrowing by the Association pursuant to Rule18.10 in respect of which the rate of interest has not been fixed for a term in excess of twelve months and the terms “fixed” shall exclude any borrowing where the rate of interest is indexed in accordance with a retail price index or other published index; “Rate Cap Transaction”, “Collar Transaction” and “Interest Rate Swap Transaction” mean respectively any transaction so designated within the meaning of the category “Swap Transaction” as defined in the 2014 ISDA Definitions as amended from time to time; 19.1 The Association shall not lend money to Members other than the Parent Association. 19.2 The Association can lend money to the Parent Association or to an organisation which is a subsidiary of the Association within the meaning of the Companies Act 2006 or the Co- operative and Community Benefit Societies Act 2014 at the market rate of interest as determined by the Board, having obtained and considered proper advice on the question of determining the market rate of interest, having regard to the terms of the loan. Where the Association is using a loan facility to on lend it must comply with the Regulatory Framework and Regulatory Guidance issued by the Scottish Housing Regulator from time to time.
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Examples of Variable Rate Borrowings in a sentence

  • Interest Rate Risk Fixed and Variable Rate Borrowings The company issues debt in the global capital markets to fund its operations and financing business.

  • Particulars On account of Variable Rate Borrowings from Banks and financial institutions(92.07)92.07Sensitivity(92.07)92.07(ii) Credit RiskCredit risk is the risk of financial loss to the Company if a customer or counterparty to a financial instrument fails to meet its contractual obligations and arises principally from the Company’s receivables from customer.

  • In Christ, God has shown love for all persons (men, women, youth and children) and intends that all persons should relate to one another in love and justice.

  • Upon receipt of the Complaint, the Family Court shall set a date for the hearing which shall not be more than fifteen (15) days after the Family Court receives the complaint from the presenting officer.

  • If you desire to accept our offer, you must complete and sign the letter of transmittal in accordance with the instructions contained therein and forward or hand deliver it, together with any other required documents, to the Information Agent.

  • Registration Statement (Form S-8 No. 333-70992) pertaining to The Nasdaq Stock Market, Inc.

  • However, more precise rules – arguably or declaredly – implementing the standard in specific situations or with regard to specific Journal of Law, Economics and Organization, 1995, vol.

  • The Company’s exposure to the risk of changes in market interest rates relates to bank borrowings comprising of term loans and working capital loans.The exposure of the Company’s borrowing to interest rate changes at the end of the reporting period are as follows: The sensitivity analysis below has been determined based on the exposure to interest rates on Variable Rate Borrowings at the end of the reporting period.


More Definitions of Variable Rate Borrowings

Variable Rate Borrowings means any borrowing by the Association pursuant to rule 19.(a) in respect of which the rate of interest has not been fixed for a term in excess of
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Related to Variable Rate Borrowings

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Variable Rate Bonds means Current Interest Bonds, which may be either Serial Bonds or Term Bonds, issued with a variable, adjustable, convertible or other similar interest rate which is not fixed in percentage for the entire term thereof at the date of issue, which Bonds may also be Option Bonds. Section 102.Rules of Construction. Words of the masculine gender shall be deemed and construed to include correlative words of the feminine and neuter genders. Unless the context shall otherwise indicate, the words "Bond," "Escrow Agent," "Owner," "person," "Paying Agent," and "Bond Registrar" shall include the plural as well as the singular number and the word "person" shall mean any individual, corporation partnership, joint venture, association, joint stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. All references to applicable provisions of Law shall be deemed to include any and all amendments thereto.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.