Maximum Spread definition
Examples of Maximum Spread in a sentence
On each Determination Date, the Servicer shall compute the Account Cap and the Maximum Spread Account Amount.
The Primary Dealer is obliged to submit bids for a minimum of ISK 100 million in each series: Maturity Maximum Spread Treasury Bills and Treasury Notes with maturity of 3 months and less.
The maximum spread of those series stated in paragraph 7 is determined by time to maturity: Time to Maturity Maximum Spread 4 years and longer 0,30% The following Treasury Notes and Treasury Bills are excluded from the maximum spread obligations.
If there had been a Maximum Spread adjustment, the recalculation would utilize the actual multiplier + 0.05x).
On any Business Day, the Servicer may instruct the Trustee to withdraw any excess, of the funds available in the Spread Account over the Maximum Spread Account Amount applicable to such Business Day from the Spread Account and pay such funds (the "RELEASED SPREAD ACCOUNT AMOUNT") to the Transferor.