Reference Rates definition

Reference Rates means the rate specified as such hereon.

Reference Rates means, for the purpose of this Condition 6(c)(iv)(B), as specified in the applicable Offering Circular Supplement, the deposit rate, the interbank rate, the swap rate or bond yield, as the case may be, which appears on the Relevant Screen Page at the Specified Time on the Interest Determination Date and as determined by the Calculation Agent.

Reference Rates means an externally set interest rate such as Bank of England Base Rate.

Examples of Reference Rates in a sentence

• Time Event ---- ----- By 9:30 A.M. Auction Agent for such series advises such Fund and the Broker-Dealers for such series of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Rate(s), as the case may be, used in determining such Maximum Rate as set forth in Section 2.2(a) hereof.

• Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Fund and Broker-Dealers of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Rate(s), as the case may be, used in determining such Maximum Rate as set forth in Section 2.3(b)(i) hereof.

• Time Event ---- ----- By 9:30 A.M. Auction Agent for such series advises the Fund and the Broker-Dealers for such series of the applicable Minimum Rate and Maximum Rate and the Reference Rate(s) used in determining such Minimum Rate and Maximum Rate as set forth in Section 2.2(a) hereof.

• The U.S. Federal Reserve, together with the Alternative Reference Rates Committee, have identified the Secured Overnight Financing Rate (SOFR) as their preferred replacement index, however some uncertainty remains as to whether SOFR or another rate will actually replace LIBOR.We cannot predict the effect of the FCA’s decision not to sustain LIBOR, or, if changes are ultimately made to LIBOR, the effect of those changes.

• Very truly yours, IMC OP, LP, By: Name: Title: 25 Also include any other information as shall be reasonably necessary to enable the applicable Letter of Credit Issuer to prepare the Letter of Credit.

• In June 2017, the Alternative Reference Rates Committee (the “ARRC”) convened by the Board of Governors of the Federal Reserve System (the “Federal Reserve”) and FRBNY announced SOFR as its recommended alternative to the London interbank offered rate for U.S. dollar obligations (“U.S. dollar LIBOR”).

• TIME EVENT By 9:30 a.m. Auction Agent advises the Trust and the Broker-Dealer of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Rate(s) as set forth in Section 2.2(a) hereof.

• Time Event ---- ----- By 9:30 A.M. Auction Agent advises the Fund and Broker-Dealers of the applicable Minimum Rate and Maximum Rate and the Reference Rate(s) used in determining such Minimum Rate and Maximum Rate as set forth in Section 2.3(a) hereof.

• Time Event By 9:30 A.M. Auction Agent advises the Trust and Broker- Dealers of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Rate(s), as the case may be, used in determining such Maximum Rate as set forth in Section 2.3(b)(i) hereof.

• TIME EVENT ---- ----- By 9:30 A.M. Auction Agent advises the Trust and Broker-Dealers of the applicable Maximum Rate and the Reference Rate(s) and Treasury Note Rate(s), as the case may be, used in determining such Maximum Rate as set forth in Section 2.3(b)(i) hereof.

More Definitions of Reference Rates

Reference Rates means the Rates listed in Exhibit A and effective on the date of this Agreement until adjusted pursuant Section 3(a)(ii).

Reference Rates means CD3M and CMT3M, and a “Reference Rate” means each of the CD3M and CMT3M.