Offered Rate means the rate per annum quoted to the Company by the Bank for the applicable Interest Period, such Offered Rate being subject at all times to the provisions of Section 2.1(d) hereof.
Offered Rate means a rate per annum quoted by the Administrative Agent, plus the Applicable Margin for Euro-Dollar Loans, for an Interest Period of seven (7) or fourteen (14) days.
Offered Rate means a rate per annum quoted by the Administrative Agent for an Interest Period of 14 days.
Examples of Offered Rate in a sentence
These base lending rates are primarily the London Interbank Offered Rate (“LIBOR”) and secondarily, the prime rate offered by one or more major United States banks (the “Prime Rate”).
LIBOR London Interbank Offered Rate NPFG National Public Finance Guarantee Corp.
These base lending rates are generally (i) the Prime Rate offered by one or more major United States banks, (ii) the lending rate offered by one or more European banks such as the London Interbank Offered Rate (“LIBOR”) or (iii) the Certificate of Deposit rate.
LIBOR London Interbank Offered Rate NATL National Public Finance Guarantee Corp.
These floating lending rates are generally (i) the lending rate referenced by the London Inter-Bank Offered Rate (“LIBOR”), or (ii) the prime rate offered by one or more major United States banks.
More Definitions of Offered Rate
Offered Rate means a per annum rate of interest offered by the US Swing Line Lender or the Canadian Swing Line Lender, as applicable, pursuant to Section 2.5.1(b) or Section 2.5.2(b) for a period comparable to the Interest Period requested for such Swing Line Loan and, with respect to any UK Swing Line Loan, the percentage rate per annum which is the sum of (i) the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the European Administrative Agent at its request quoted by the principal London offices of JPMorgan Chase Bank, N.A., or such other banks as may be appointed by the European Administrative Agent in consultation with the Parent, to leading banks in the London interbank market as of 11:00 a.m. (London time) on the requested Borrowing Date for such Swing Line Loan for the offering of deposits in Euro or British Pounds Sterling or Dollars for a period comparable to the Interest Period requested for such Swing Line Loan and for settlement on that day; and (ii) the Applicable Margin for Eurocurrency Loans; and (iii) Mandatory Cost (if any).
Offered Rate means the interest rate quoted from time to time by PNC to the Borrowers as applicable to Swing Line Loans made or to be made by PNC to the Borrowers for an Offered Rate Period. The Offered Rate shall constitute, on each Funding Date of a Swing Line Loan, the Administrative Bank's fully absorbed cost of funds on such date plus the Applicable Euro-Rate Margin in effect on the Funding Date of such Swing Line Loan.
Offered Rate means the rate per annum determined in the Lender's sole discretion, as offered from time to time by the Lender to the Borrower as the rate at which the Lender would advance funds to the Borrower in the principal amount requested for the interest period requested.
Offered Rate means, for any Interest Period, the rate as offered by the Swingline Lender and accepted by the Borrower in accordance with Section 2.5 hereof. The Borrower is under no obligation to accept the Offered Rate and the Swingline Lender is under no obligation to provide it.
Offered Rate means the rate of interest (rounded upward to the nearest 1/16th of one percent) at which Dollar deposits for such Interest Period would be offered by Bank’s Grand Cayman Branch, Grand Cayman, British West Indies, to major banks in the offshore Dollar interbank markets upon request of such banks at approximately 8:00 a.m. San Francisco time two Business Days prior to the first day of such Interest Period; and
Offered Rate means the amount per tonne CO2 excluding VAT offered by the Operator and stated by the Operator in Appendix 6, Offered Rate and Contracted Quantity.
Offered Rate means, for any Interest Period, the rate as offered by the Swing Line Lender and accepted by the Borrower in accordance with Section 3.1 hereof. The Borrower is under no obligation to accept the Offered Rate and the Swing Line Lender is under no obligation to provide it.