Quoted Rate definition

Quoted Rate means, with respect to any Swing Loan, the interest rate quoted to the Borrower by the Swing Line Lender and agreed to by the Borrower as being the interest rate applicable to such Swing Loan.

Examples of Quoted Rate in a sentence

  • Each EVN Notice in Advance shall be stated in Dong, using the last available Quoted Rate, and shall state the equivalent amount in Dollars using the same rate.

  • The Quoted Rate shall be deemed to be inclusive of the Element of Cost towards the above.

  • If we provide a Quoted Rate to you and you agree to it, the Quoted Rate will apply to that FX Transaction notwithstanding any Posted Rate or other available Exchange Rate.

  • All the Charges required for Shifting / relocating of Utilities shall be included in the Quoted Rate and the Contractor shall not be paid extra for the same.

  • Swing Loans bearing interest at the Quoted Rate may only be paid on the last day of the Interest Period then applicable to such Loans.


More Definitions of Quoted Rate

Quoted Rate means, with respect to any Quoted Rate Swingline Loan, the fixed percentage rate per annum offered by the Swingline Lender and accepted by the Borrower with respect to such Swingline Loan as provided in accordance with the provisions of Section 2.3.
Quoted Rate means the rate of interest per annum with respect to a Swing Line Loan denominated in an Alternative Currency as determined by the Swing Line Lender at the time such Swing Line Loan is made to the Borrower.
Quoted Rate is defined in Section 1.2(c) hereof.
Quoted Rate means (a) the offered quotation to first-class banks in the New York interbank Eurodollar market by the Agent for U.S. dollar deposits of amounts in immediately available funds comparable to the outstanding principal amount of the Eurodollar Loan of the Agent for which an interest rate is then being determined with maturities comparable to the Interest Period applicable to such Eurodollar Loan determined as of 10:00 A.M. (New York time) on the date which is two Business Days prior to the commencement of such Interest Period, divided (and rounded upward to the next whole multiple of 1/16 of 1%) by (b) a percentage equal to 100% minus the then stated maximum rate of all reserve requirements (including, without limitation, any marginal, emergency, supplemental, special or other reserves) applicable to any member bank of the Federal Reserve System in respect of Eurocurrency funding or liabilities as defined in Regulation D (or any successor category of liabilities under Regulation D).
Quoted Rate shall have the meaning provided in section 2.3(c).
Quoted Rate shall have the meaning provided in section 2.3(b).