Examples of Substitute Basis in a sentence

The Substitute Basis may include alternative interest periods, alternative currencies or alternative rates of interest but must include a margin above the cost of funds to the Bank equivalent to the Margin.
Each Substitute Basis certified to the Borrowers or agreed shall take effect in accordance with its terms from the date specified in the Determination Notice until such time as the Bank notifies the Borrowers that none of the circumstances specified in clause 3.6.1 continues to exist whereupon the normal interest rate fixing provisions of this Agreement shall again apply.
The Substitute Basis may (without limitation) include alternative Interest Periods, alternative currencies or alternative rates of Interest or a Margin above the Cost of Funds.
Each Substitute Basis certified to the Borrower or agreed shall take effect in accordance with its terms from the date specified in the Determination Notice until such time as the Bank notifies the Borrower that none of the circumstances specified in clause 3.6.1 continues to exist whereupon the normal interest rate fixing provisions of this Agreement shall again apply.
Lebanon has numerous advantages over other countries in the region for developing a translation industry.

More Definitions of Substitute Basis

Substitute Basis shall have the meaning provided in Section 2.11.

Substitute Basis means an alternative basis for maintaining a Drawing certified by the Agent pursuant to Clause 6.3.1;

Substitute Basis shall have the meaning provided in Section 2.11 of this Agreement.

Substitute Basis shall have the meaning given to that term in clause 5.6.2;

Substitute Basis has the meaning set forth in Section 5.02.

Substitute Basis has the meaning provided in Section 4.02 (Inability to Determine Interest Rates).

Substitute Basis means an alternative basis for maintaining the Loan certified by the Agent pursuant to Clause 6.3.1;