Rate Source definition

Rate Source means the publication (or such other origin of reference, including a rate sponsor) containing (or reporting) the Interest Rate/Reference Rate (or prices/levels from which the Interest Rate/Reference Rate is calculated) specified in the Fixing Level.
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Rate Source means the source specified as such in the related Confirmation which may be specified by reference to any of the terms defined in Section 6.5 of these Definitions or defining the Rate Source in the related Confirmation.
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Examples of Rate Source in a sentence

  • United States Dollars British Pounds Sterling Euro Japanese Yen Other: Australian Dollars If no option is selected, the Contractual Currency shall be deemed to be United States Dollars The Wall Street Journal The Financial Times The Japan Times Other: National Australia Bank If no option is selected, the Default Rate Source shall be deemed to be The Wall Street Journal.

  • United States Dollars British Pounds Sterling Euro Japanese Yen Other_____Australia Dollars________: Australian Dollars If no option is selected, the Contractual Currency shall be deemed to be United States Dollars The Wall Street Journal The Financial Times The Japan Times Other_______________: National Australia Bank If no option is selected, the Default Rate Source shall be deemed to be The Wall Street Journal.

  • If the Rate Source states a rate that is less than zero, the applicable rate shall be deemed to be zero, except to the extent so adjusted by Bank.

  • Each change in such rate based on a change in the rate stated by the Rate Source shall be effective from and including the first Business Day of each month (each, a “Reset Date”).

Related to Rate Source

  • Reference Bank Rate means the arithmetic mean of the rates (rounded upwards to four decimal places) supplied to the Administrative Agent at its request by the Reference Banks (as the case may be) as of the applicable time on the Quotation Day for Loans in the applicable currency and the applicable Interest Period as the rate at which the relevant Reference Bank could borrow funds in the London (or other applicable) interbank market in the relevant currency and for the relevant period, were it to do so by asking for and then accepting interbank offers in reasonable market size in that currency and for that period.

  • Central Bank Rate Spread means, with respect to any RFR Banking Day, the difference (expressed as a percentage rate per annum) (calculated by the Administrative Agent) between: (i) ▇▇▇▇▇ for that RFR Banking Day; and (ii) the Central Bank Rate prevailing at the close of business on that RFR Banking Day.

  • Reference Bank As defined in Section 4.04.

  • Reset Reference Bank Rate means the percentage rate determined on the basis of the Mid-Swap Quotations provided by the Reset Reference Banks to the Calculation Agent at or around 11:00 a.m. in the principal financial centre of the Specified Currency on the relevant Reset Determination Date and, rounded, if necessary, to the nearest 0.001% (0.0005% being rounded upwards). If at least four quotations are provided, the Reset Reference Bank Rate will be the rounded arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two or three quotations are provided, the Reset Reference Bank Rate will be the rounded arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Bank Rate will be the rounded quotation provided. If no quotations are provided, the Reset Reference Bank Rate will be (i) in the case of each Reset Period other than the Reset Period commencing on the First Reset Date, the Reset Reference Bank Rate in respect of the immediately preceding Reset Period or, (ii) in the case of the Reset Period commencing the First Reset Date, an amount equal to the Initial Rate of Interest less the Margin;

  • Reference Rate Screen Page means the Reference Rate Screen Page, as specified in § 2 of the Product and Underlying Data (or on any successor page, which will be notified by the Calculation Agent pursuant to § 6 of the General Conditions).