Reference Interest Rate definition

Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen

Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.The Reference Interest Rate shall not be less than zero.In the event that the Reference Interest Rate is not published on the relevant screen page on the relevant day and time the Determination Agent will determine the Reference Interest Rate in its reasonable discretion pursuant to §317 BGB by taking into consideration the relevant capital market practice and by acting in good faith. The Determination Agent shall notify the Fiscal Agent and the Holders thereof in accordance with §12.Notwithstanding the terms set forth elsewhere in these Terms and Conditions, if the Determination Agent determines that any of the following events has occurred:

Examples of Reference Interest Rate in a sentence

• Tracker Rate – an interest rate which consists of a Reference Interest Rate and (usually) a percentage above or below this which is set by us.

• Reference Interest Rate – an interest rate which is not set by us and which is publicly available, such as Bank of England Base Rate or LIBOR.

• The Transferee shall pay interest on Cash at the Reference Interest Rate set out in Clause 14.8. Interest Amounts shall be calculated annually and shall be paid within five (5) Business Day following such calculation and received during the preceding month to the account of the Transferor specified in Clause 13.

• Loans granted on ordinary terms shall be subject to interest on the principal amount of the Loan outstanding at a rate equal to the IFAD Reference Interest Rate, payable semi-annually in the Loan Service Payment Currency, and shall have a maturity period of fifteen (15) to eighteen (18) years, including a grace period of three (3) years starting from the date that the Fund has determined that all general conditions precedent to withdrawal have been fulfilled in accordance with section 4.02(b).

• In case of a variable interest rate: In transactions with a maturity of 0-2 years, TL Reference Interest Rate + 1 In transactions with a maturity of 2-5 years, TL Reference Interest Rate + 2 In transactions with a maturity of more than 5 years TL Reference Interest Rate + 3 TL Reference Interest Rate will be updated once every 3 months.

More Definitions of Reference Interest Rate

Reference Interest Rate means the Reference Interest Rate given in the Table of Product Details, which is currently published on the screen page given in the Table of Product Details in column "Reference Interest Rate/Reuters Page".

Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.

Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.The Reference Interest Rate shall not be less than zero.In the event that the Reference Interest Rate is not published on the relevant screen page on the relevant day and time the Determination Agent will determine the Reference Interest Rate in its reasonable discretion pursuant to §317 BGB by taking into consideration the relevant capital market practice and by acting in good faith. The Determination Agent shall notify the Fiscal Agent and the Holders thereof in accordance with §12.Reference Interest Rate Replacement. If the Issuer or its designee determines that a Reference Interest Rate Transition Event and its related Reference Interest Rate Replacement Date have occurred prior to the Reference Time in respect of any determination of the Reference Interest Rate on any date, the Reference Interest Rate Replacement will replace the then-current Reference Interest Rate for all purposes relating to the Securities in(Wertpapierwertvorangehend x Target Hebelfaktor) / (Aktien-Kursvorangehend –Dividende); oder(ii) falls ein Reset Ereignis eingetreten ist, ein Bezugsverhältnis, welches von der Festlegungsstelle wie folgt berechnet wird:(Wertpapierwert x Target Hebelfaktor) / Hedging-Wert.Zur Klarstellung: Der Wertpapierwert, der in der Berechnung des Rebalance Bezugsverhältnisses unter(ii) verwendet wird ist derjenige Wertpapierwert, der aufgrund eines Reset Ereignisses neu berechnet wird.

Reference Interest Rate means a publicly accessible benchmark interest rate from time to time in effect that serves as the basis for the calculation of any applicable interest rate and on the measure of which the Bank has no influence; typically either BUBOR, LIBOR or EURIBOR, depending on the currency;

Reference Interest Rate means the market base or index rate which is used as the basis for calculating the actual rate provided to you by the Bank. Source

Reference Interest Rate means a publicly available interest rate such as the Bank of England bank rate;

Reference Interest Rate means the interest rate which is used as the basis for the calculation of the interest rate to be applied and is subject to a source available to the public that can be verified by both parties of the Agreement for payment services.