Original Reference Rate definition: Copy, customize, and use instantly
Introduction
The term "Original Reference Rate" refers to the rate initially established at the outset of a financial agreement, such as a loan or credit facility. This rate serves as the foundation for calculating interest and determining the financial terms throughout the duration of the agreement. It is crucial for setting expectations and ensuring clarity on how rates will be adjusted or applied in the future.
Below are various examples of how "Original Reference Rate" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Original Reference Rate" for initial interest rate
This definition connects "Original Reference Rate" to the initial interest rate used in a financial agreement.
"Original Reference Rate" means the initial reference rate, such as LIBOR or SOFR, set at the beginning of the loan or financial agreement, which is used to determine the applicable interest rates.
Definition of "Original Reference Rate" in relation to fixed-rate loans
This definition ties "Original Reference Rate" to the rate in fixed-rate financial transactions.
"Original Reference Rate" refers to the fixed rate initially agreed upon in a loan agreement, used to calculate the interest payments for the duration of the loan.
Definition of "Original Reference Rate" as the benchmark rate
This definition connects "Original Reference Rate" to the benchmark rate used to establish interest rates for loans.
"Original Reference Rate" means the benchmark rate, such as LIBOR or another agreed-upon index, used at the inception of the agreement to determine the applicable interest rate on the principal amount.
Definition of "Original Reference Rate" for floating-rate agreements
This definition links "Original Reference Rate" to the rate used in floating-rate agreements at the start of the term.
"Original Reference Rate" refers to the rate used at the start of a floating-rate agreement, which fluctuates periodically based on market conditions and serves as the base for calculating interest.
Definition of "Original Reference Rate" in relation to initial rate settings
This definition ties "Original Reference Rate" to the rate set during the beginning of a financial arrangement.
"Original Reference Rate" means the rate that is initially agreed upon by the parties involved, serving as the foundation for adjusting future interest rates or fees based on agreed-upon conditions.
Definition of "Original Reference Rate" for a rate based on public indices
This definition connects "Original Reference Rate" to rates based on publicly available indices.
"Original Reference Rate" refers to the rate derived from a public index, such as a central bank rate, at the time the financial transaction is first initiated.
Definition of "Original Reference Rate" for adjustment periods
This definition applies "Original Reference Rate" to the rate used for adjustments during the term of an agreement.
"Original Reference Rate" means the rate set at the beginning of an agreement, used as the basis for future rate adjustments, typically at periodic intervals during the term.
Definition of "Original Reference Rate" for specific loan types
This definition ties "Original Reference Rate" to the specific loan or credit product being used.
"Original Reference Rate" refers to the rate set at the beginning of the term of a specific loan type, such as a mortgage or commercial loan, used to determine the financial terms.
Definition of "Original Reference Rate" for base rate calculation
This definition connects "Original Reference Rate" to the calculation of the base rate for interest determination.
"Original Reference Rate" means the initial rate used in calculating the base rate for interest accrual on the loan or credit facility, often determined by an agreed-upon financial index.
Definition of "Original Reference Rate" under regulatory guidelines
This definition links "Original Reference Rate" to the rate set under regulatory guidelines at the start of a transaction.
"Original Reference Rate" refers to the rate set in compliance with applicable regulatory guidelines at the initiation of a contract, which determines how interest will be calculated.
Definition of "Original Reference Rate" for rate adjustments
This definition ties "Original Reference Rate" to adjustments made over time based on initial terms.
"Original Reference Rate" means the rate set at the beginning of a financial agreement, which serves as the starting point for future adjustments in the interest rate as specified in the agreement.
Definition of "Original Reference Rate" for initial rate setting in bonds
This definition connects "Original Reference Rate" to bond-related transactions.
"Original Reference Rate" refers to the rate initially established for bond interest calculations, used as the base for coupon payments over the life of the bond.
Definition of "Original Reference Rate" for hedging agreements
This definition links "Original Reference Rate" to the rate used in hedging contracts.
"Original Reference Rate" means the rate that serves as the baseline for hedging agreements, typically tied to an index such as LIBOR, established at the start of the contract.
Definition of "Original Reference Rate" for financial product offerings
This definition ties "Original Reference Rate" to the offering of financial products.
"Original Reference Rate" refers to the rate used as the reference point for determining the terms and interest rates of a financial product offered at the time of its introduction.
Definition of "Original Reference Rate" in interest rate swaps
This definition connects "Original Reference Rate" to interest rate swap transactions.
"Original Reference Rate" means the rate used as the reference for interest rate swaps, typically a publicly available rate such as LIBOR, at the time the swap is executed.
Definition of "Original Reference Rate" for commercial credit facilities
This definition links "Original Reference Rate" to the rate set for commercial credit facilities.
"Original Reference Rate" refers to the initial rate set for a commercial credit facility, which is used as the basis for calculating interest payments on outstanding amounts.
Definition of "Original Reference Rate" for structured finance
This definition connects "Original Reference Rate" to structured finance transactions.
"Original Reference Rate" means the rate established for a structured finance deal, which serves as the foundation for calculating returns or obligations throughout the term of the agreement.
Definition of "Original Reference Rate" for loan refinancing
This definition ties "Original Reference Rate" to the rate applied during refinancing transactions.
"Original Reference Rate" refers to the reference rate used when refinancing a loan, which is applied to establish the new loan terms based on market conditions.
Definition of "Original Reference Rate" for tax-related purposes
This definition connects "Original Reference Rate" to tax calculations and regulations.
"Original Reference Rate" means the reference rate used for tax purposes, such as calculating interest payments or tax liabilities in relation to specific financial agreements.
Definition of "Original Reference Rate" for currency exchange agreements
This definition links "Original Reference Rate" to the rate used in foreign exchange contracts.
"Original Reference Rate" refers to the base rate used in currency exchange agreements, often tied to a major currency pair, at the initiation of the agreement.
Definition of "Original Reference Rate" for credit agreements
This definition ties "Original Reference Rate" to the rate used in credit transactions.
"Original Reference Rate" means the rate established at the beginning of a credit agreement, which serves as the base for calculating interest on the outstanding credit balance.
Definition of "Original Reference Rate" for commercial loans
This definition connects "Original Reference Rate" to the rate set for commercial loan agreements.
"Original Reference Rate" refers to the rate applied to the principal of a commercial loan at the time the loan is originated, serving as the foundation for interest rate calculations.
Definition of "Original Reference Rate" for real estate financing
This definition links "Original Reference Rate" to real estate financing arrangements.
"Original Reference Rate" means the rate used in real estate financing agreements, set at the inception of the loan, which determines the applicable interest rate for the term of the financing.
Definition of "Original Reference Rate" for investment management
This definition connects "Original Reference Rate" to investment agreements.
"Original Reference Rate" refers to the rate used in managing investment portfolios, which is set at the beginning of the investment strategy to establish the return benchmarks.
Definition of "Original Reference Rate" in syndicated loans
This definition ties "Original Reference Rate" to syndicated loan agreements.
"Original Reference Rate" means the initial rate used in syndicated loan agreements, which sets the basis for calculating interest across the lending group.
Definition of "Original Reference Rate" for private equity transactions
This definition links "Original Reference Rate" to private equity deals.
"Original Reference Rate" refers to the rate established in private equity financing, which serves as the foundation for calculating interest or returns on investments.
Definition of "Original Reference Rate" for performance benchmarks
This definition connects "Original Reference Rate" to performance-based calculations.
"Original Reference Rate" means the rate used to establish performance benchmarks in financial agreements, such as for incentive-based loans or investments.
Definition of "Original Reference Rate" for pension fund investments
This definition ties "Original Reference Rate" to pension fund management.
"Original Reference Rate" refers to the rate used by pension funds at the inception of an investment strategy to determine return expectations and risk levels.
Definition of "Original Reference Rate" for loan default clauses
This definition links "Original Reference Rate" to loan default terms.
"Original Reference Rate" means the rate initially agreed upon in a loan agreement, which may trigger default clauses if market conditions cause significant deviation from the original rate.
Definition of "Original Reference Rate" for tax-exempt bonds
This definition connects "Original Reference Rate" to the calculation of tax-exempt bond yields.
"Original Reference Rate" refers to the initial rate established for tax-exempt bonds, used to determine the yield and pricing of the bond at issuance.
Definition of "Original Reference Rate" for equity financing
This definition ties "Original Reference Rate" to equity financing agreements.
"Original Reference Rate" means the rate used as a baseline for calculating returns on equity financing, often tied to market indices at the time of the agreement.
Definition of "Original Reference Rate" for structured debt instruments
This definition links "Original Reference Rate" to structured debt agreements.
"Original Reference Rate" refers to the initial rate used in structured debt instruments, such as collateralized debt obligations (CDOs), which determines the payment terms.
Definition of "Original Reference Rate" for economic adjustments
This definition connects "Original Reference Rate" to adjustments based on economic indicators.
"Original Reference Rate" means the rate set at the time of agreement, used as a reference for adjustments made according to changes in economic conditions or indices.
Definition of "Original Reference Rate" for credit default swaps
This definition ties "Original Reference Rate" to credit default swap transactions.
"Original Reference Rate" refers to the rate used as a benchmark in credit default swaps, which determines the creditworthiness and pricing of the swap at the time it is executed.
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