Bank Base Rate definition

Bank Base Rate means, with respect to any Purchaser for any day, a rate per annum equal to the sum of (i) the Base Rate with respect to such Purchaser on such date and (ii) the Applicable Percentage.

Bank Base Rate means the base lending rate published from time to time by the Bank of England.

Bank Base Rate shall have the meaning assigned to that term in the Note Purchase Agreement.

Examples of Bank Base Rate in a sentence

• The Cash Security Account shall accrue interest at the Bank Base Rate for each day from the day cash is deposited until it is returned to the Contracting Retailer, or the Contracting Wholesaler no longer has an obligation to return the cash deposited, whichever is later.

• Should the Purchaser fail punctually to comply with the terms of payment, the Company shall be entitled to interest on any amount outstanding from the due date until the actual date of payment at the rate of 4% above the Barclays Bank Base Rate in force from time to time unless otherwise stated by the Company in writing at the time of ordering.

• If you fail to pay the final Bill received after termination within 14 days of receipt, then we reserve the right to charge interest on the amount outstanding at 5% above the Barclays Bank Base Rate from the date on which payment was due.

• Interest on a Plan 1 credit balance will accrue at the rate of RPI (or the Bank Base Rate plus 1% if this rate is less than RPI).

• The low interest cap is currently in operation therefore the Plan 1 interest rate is set as the Bank Base Rate + 1%.

More Definitions of Bank Base Rate

Bank Base Rate means the 90-day commercial xxxx rate as published on the “BKBM” page (or its successor or equivalent page) of the Reuters Monitor Screen (or its successor or equivalent screen) at or about 10.30 am on the day of calculation or in the absence of a quoted rate, the rate determined by the ANZ Bank being the average of the buy rates applicable on that day to bank accepted 90 day bills of exchange, or in the absence of such a determination, such rate as the Distributor may determine as the nearest practicable equivalent;

Bank Base Rate means the 90 day Commercial Xxxx Rate as published on page BKBM of Reuters monitor service and applying at 10:30 am on the day of the calculation;

Bank Base Rate means the base lending rate published from time to time by the Bank of England. “Bank of Cyprus Group” means Bank of Cyprus Public Company Limited and its group entities. “Clearing Agent” means HSBC Bank Plc.

Bank Base Rate means, with respect to any Lender for any day, a rate per annum equal to the Base Rate with respect to such Lender on such date.

Bank Base Rate means a rate per annum equal to the greater of (i) the prime rate of interest announced publicly by the Administrative Agent (or an Affiliate) from time to time, changing when and as said prime rate changes (such rate not necessarily being the lowest or best rate charged by the Administrative Agent (or an Affiliate)) and (ii) the sum of (a) 1.5% and (b) the rate equal to the Federal Funds Rate.

Bank Base Rate means, in relation to any relevant period, the rate determined by the Bank at its sole and absolute discretion as the costs chargeable to borrowing clients. The Bank may at its sole and absolute discretion include or take into account, without limitation and without obligation to give an account of the different components, the following components: applica- ble reference rates, costs in connection with liquidity and funding arrangements, costs arising from capital, reserve, special deposit or other internal or regulatory requirements with respect to the amount in question, and any other costs and provisions. Each component of Bank Base Rate may fluctuate (individually or relatively) from time to time and if any such component of Bank Base Rate is determined by the Bank to be less than zero, the Bank shall have the right (but is not obliged) to assign a zero rate to such component.

Bank Base Rate means the base lending rate published by the Bank of England.