Define: TD Prime Rate

How is TD Prime Rate defined in a legal contract?

• TD Prime Rate means the fluctuating annual interest rate publicized occasionally as the reference interest rate for calculating the interest rates that will be charged to customers of various credit status for loans made in Canadian dollars. Seen in 5 SEC filings.
• TD Prime Rate means the variable annual interest rate set from time to time used as the reference rate to determine the interest rates that will be charged to commercial borrowers for loans made in Canadian dollars. Seen in 2 SEC filings.
• TD Prime Rate means the variable annual interest rate we publish occasionally as our reference rate to determine the interest rates that we will charge customers for certain credit products provided in Canadian dollars. Seen in 2 SEC filings.
• TD Prime Rate means the annual interest rate announced and altered as needed as the reference rate for determining the interest rates charged on commercial loans made in Canadian dollars. Seen in 1 SEC filing.
• TD Prime Rate means the varying annual interest rate publicized intermittently and used as a reference to decide on the interest rate that will be charged to customers for specific credit products offered in Canadian dollars. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of td prime rate' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• TD Prime Rate means the periodically adjusted reference rate for determining the interest charges to customers on loans made in [currency].

Relevant Contract Types

• Credit Agreement
• Loan Agreement
• Leasing Contract

Relevant Circumstances

• When securing a loan agreement
• When determining debt repayment terms
• When setting the conditions of leasing agreements

Relevant Sectors

• Banking and Finance
• Real Estate
• Leasing Companies

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Genie Definition 2

• TD Prime Rate means the fluctuating annual interest rate set as the reference for calculating interest on various credit products provided in [currency].

Relevant Contract Types

• Credit Card Agreement
• Commercial Loan Agreement
• Mortgage Agreement

Relevant Circumstances

• When preparing a credit card agreement
• When negotiating commercial loans
• When setting the terms of a mortgage agreement

Relevant Sectors

• Banking and Finance
• Commercial Business
• Mortgage Companies

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