Rate X definition

Rate X and Rate "Y" means, in relation to a SwapClear Transaction or a SwapClear Contract, the outstanding payment obligations of each party to the transaction, such that Rate X comprises the outstanding payment obligations of one party to the other and Rate Y comprises the outstanding payment obligations of the other party to the first party
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Rate X and Rate "Y" means, in relation to a SwapClear Transaction or a
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Rate X and Rate "Y" means, in relation to a SwapClear Transaction or a SwapClear Contract, the outstanding payment obligations of each party to the transaction, such that Rate X comprises the outstanding payment obligations of one party to the other and Rate Y comprises the outstanding payment obligations of the other party to the first party "Rates Exchange" means any trading platform approved as such from time to time by the Clearing House in respect of the Listed Interest Rates Service "Rates Exchange Match" means a match where the relevant Rates Exchange Rules permit the matching of Rates Exchange Particulars that consist of the sale or purchase of an Listed Interest Rates Eligible Product and the corresponding purchase or sale, as the case may be, of an Listed Interest Rates Eligible Product "Rates Exchange Particulars" means the orders or other trade particulars submitted in respect of the sale or purchase of Listed Interest Rates Eligible Products, to an Rates Exchange in accordance with the relevant Rates Exchange Rules by, or on behalf of, an Listed Interest Rates Clearing Member "Rates Exchange Rules" means the rules, regulations, administrative procedures, Memorandum and Articles of Association of by-laws which regulate a Rates Exchange and the market administered by it as notified from time to time to the Clearing House "Rates Service" means the SwapClear Service and the Listed Interest Rates Service "Rates Service Business" means SwapClear Business and/or Listed Interest Rates Business (as applicable) "Rates Service Clearing House Business" means SwapClear Clearing House Business and/or Listed Interest Rates Clearing House Business (as applicable) "Rates Service Clearing Member" means a Clearing Member which is a SwapClear Clearing Member and/or a Listed Interest Rates Clearing Member "Rates Service Client Clearing Business" means SwapClear Client Clearing Business and/or Listed Interest Rates Client Clearing Business (as applicable) "Rates Service Default Fund" means the combined service default fund established pursuant to the Rates Service Default Fund Supplement – SwapClear and the Rates Service Default Fund Supplement– Listed Interest Rate
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Examples of Rate X in a sentence

  • A Plan Participant’s Award is determined by the following formula: Eligible Earnings X Participation Rate X Payout Award Percentage.

  • Net Mortgage Rate: |X| With respect to any mortgage loan, the mortgage rate minus (a) the master servicing fee, (b) the sub-servicing fee and (c) an amount in respect of the Policy premium.

  • Accrued interest is based on following formula: (Amount funded X Annual Interest Rate X Days Loan Outstanding In That Year ***) / 360 ** Since some our real estate mortgage loans also require the borrower to share a portion of profits with the servicing manager at the time of selling the property, we have calculated a redemption gain / loss at the maturity of the loan.

  • Prior to July 1, 1988, NEP shall pay Seller monthly for quantities of electricity delivered for sale to NEP hereunder, as determined in accordance with ARTICLE VIII, a price in cents per kilowatthour equal to ninety percent (90%) of Rate X.

  • Xxxxxx, Assistant Secretary /s/Xxxx Xxx By:__________________________ Xxxx Xxx, Vice President Schedule A Fund Fee Rate X.

  • By way of example only, if CBT Materials associated with Works constitute 20 out of 40 Publisher products licensed or distributed as a group, then the royalty due Proprietor hereunder will be the applicable Royalty Rate times 20/40 (or the applicable Royalty Rate X .5) times the Gross Revenues received by Publisher for the entire group.

  • TOTAL ELIGIBLE INVENTORY (C plus F) $____________ Advance Rate X 60% ---------------------------- H.

  • The total daily funds charges will be determined as follows: Daily Funds Rate X Advance Amount ------------------ Daily Funds Charge Daily Funds Charge X Days Outstanding ------------------ Total Daily Funds Charges The daily funds rate shall be the prime rate as announced in the Wall Street Journal plus TWO PERCENT (2.0%) divided by 360.

  • This interest rate is expressed as [Interest Rate X (1-.40)] = After Tax Interest Rate.

  • The calculation is as follows: X = $ Standard Rate X = $ Premium Rate For contract year #7 (1994-95), the calculation will revert back to the actual costs incurred by NRG, with the exception the actual operating labor costs (straight time and overtime) for July 1992 will be replaced with average actual costs incurred over the 11 months from August 1992 to June 1993.


More Definitions of Rate X

Rate X means NEP’s short term avoided energy cost calculated by NEP in accordance with the methodology described in Appendix A, attached hereto and incorporated herein by reference, such calculation to be provided to Seller on a timely basis for review.
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Related to Rate X

  • Reference Bond Rate means, with respect to any date of redemption, the rate per annum equal to the annual or semi-annual yield (as the case may be) to maturity or interpolated yield to maturity (on the relevant day count basis) of the Reference Bond, assuming a price for the Reference Bond (expressed as a percentage of its nominal amount) equal to the Reference Bond Price for such date of redemption;

  • Reference Rate means the rate specified as such hereon.

  • LIBOR has the meaning specified in the definition of Eurodollar Rate.

  • Yield Rate means, (i) with respect to any Eligible Treasury Security on deposit at any time in either of the Paired Holding Trusts, the stated interest rate of such Eligible Treasury, if any, or any discount rate applicable to such Eligible Treasury, based on the purchase date and purchase price at which the applicable Paired Holding Trust acquired that Eligible Treasury, and (ii) with respect to any Eligible Treasury Repurchase Agreement, the difference between the repurchase price and the purchase price paid under such agreement, with such difference expressed as a percentage of such purchase price.