Compounded Reference Rate definition
Compounded Reference Rate means, in relation to any RFR Banking Day during the Interest Period of a Compounded Rate Loan, the percentage rate per annum which is the Daily Non-Cumulative Compounded RFR Rate for that RFR Banking Day.
Compounded Reference Rate means, in relation to any RFR Banking Day during the Interest Period of a Loan, the percentage rate per annum which is the aggregate of:
Compounded Reference Rate means, in relation to any U.S. Government Securities Business Day during the Floating Rate Interest Period of a Loan (or the relevant part of it), the percentage rate per annum which is the Daily Non-Cumulative Compounded RFR Rate for that U.S. Government Securities Business Day.
Examples of Compounded Reference Rate in a sentence
Compounded Rate Loans (a) The rate of interest on each Compounded Rate Loan for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; and (ii) Compounded Reference Rate for that day.
More Definitions of Compounded Reference Rate
Compounded Reference Rate means, in relation to any RFR Banking Day during the Interest Period of a Loan, the percentage rate per annum which is the aggregate of the applicable:
Compounded Reference Rate means the rate (if any) specified as such in the applicable Reference Rate Terms.
Compounded Reference Rate means, in relation to any Interest Period of the Loan or any part of the Loan, the percentage rate per annum which is the Cumulative Compounded RFR Rate for that Interest Period.
Compounded Reference Rate has the meaning given to it in, and is determined in accordance with, Exhibit T.
Compounded Reference Rate means, in relation to a Compounded Rate Loan, the percentage rate per annum which is the aggregate of:
Compounded Reference Rate means, in relation to a Compounded Rate Currency, for any applicable RFR Banking Day during the Interest Period of a Compounded Rate Note in that Compounded Rate Currency, the percentage rate per annum which is the applicable Daily Non-Cumulative Compounded RFR Rate for that RFR Banking Day.
Compounded Reference Rate means, in relation to any Business Day during a LF Interest Period of a Loan, the percentage rate per annum which is the aggregate of: