Benchmark Interest Rate definition

Benchmark Interest Rate means the notional interest at which the Benchmark Repayment Schedule has been calculated.

Benchmark Interest Rate means the market interest rate against which the Cap-It Certificate and the underlying Cap Investment are referenced. The Benchmark Interest Rate of the Cap Investments purchased by the Issuer and of the Cap-It Certificates issued by the Issuer will normally be one of either LIBOR or Base Rate;

Benchmark Interest Rate the benchmark interest rate of RMB loans issued by the People’s Bank of China;

Examples of Benchmark Interest Rate in a sentence

• Our standard loan agreement provides that the interest rate is equivalent to the Benchmark Interest Rate for the purposes of Division 7A.

• The Payment Amount will be zero unless the Benchmark Interest Rate of the Cap-It Certificate in the relevant Calculation Period is set higher than its Cap Rate, in which case the Payment Amount shall be a positive amount calculated and payable to the Certificate Holder in accordance with the Payment Formula.

• The rate of interest payable on the loan must be equal to or exceed the Benchmark Interest Rate for the year.

• The Benchmark Interest Rate for the year of income is the indicator lending rate-bank variable housing loans interest rate last published by the Reserve Bank of Australia before the end of the year of income.

• An adjustment to the Benchmark Interest Rate shall be reflected in the lease rate and rental payment in the same proportion and direction in the next instalment from the date of adjustment.

More Definitions of Benchmark Interest Rate

Benchmark Interest Rate means the relevant interbank cash interest rate applicable to the Relevant Currency;

Benchmark Interest Rate means the RMB Benchmark Interest Rate;

Benchmark Interest Rate means the interest rate as publicized by the PBOC for the loans of the same term and types on the Interest Calculation Date;

Benchmark Interest Rate means the interpolation between the publicly- documented interest rates of each maturity included in the following indices:

Benchmark Interest Rate means 'SAFEY', which is the weighted average of the overnight call deposit rate paid by A1- rated local and F1-rated foreign financial institutions where Safex places its daily Margin deposits received by its members. Reuters code SFXROD and Bloomberg code RAONON Index.

Benchmark Interest Rate the benchmark interest rate of RMB loans issued by the PBOC “Board” the board of directors of the Company “Company” China 21st Century Education Group Limited ( 中 國 21 世 紀 教 育 集 團 有 限 公 司 ), a company incorporated in the Cayman Islands with limited liability, the shares of which are listed on the Main Board of the Stock Exchange

Benchmark Interest Rate means the benchmark interest rate for an income year rate published by the Australian Taxation Office for the purposes of Division 7A of Part III of the Income Tax Assessment Act 1936 as applicable from time to time.