Through Rate Sample Clauses

Through Rate. As to any Pool of Mortgage Loans and any Distribution Date, the per annum rate of interest that is used to calculate the Certificate Interest Distribution Amount for the applicable one-month period, which per annum rate is either (a) as to a Pool of Fixed- Rate Mortgage Loans, the rate specified as such in the Issue Supplement, or (b) as to a Pool of Adjustable-Rate Mortgage Loans, the rate equal to the weighted average of the Net Rates applicable to payments due during the related Due Period for all of the Mortgage Loans in the Pool, weighted on the basis of their respective Stated Principal Balances as of that Distribution Date before giving effect to any distribution of principal on that Distribution Date. Unless otherwise provided in the related Issue Supplement, the Pass-Through Rate will be calculated on the basis of a 360-day year consisting of twelve 30-day months.
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Through Rate. The term "through rate" means the single amount charged by a common carrier in connection with through transportation.
Sample 1

Related to Through Rate

  • Interest Rate The LHIN may charge the HSP interest on any amount owing by the HSP at the then current interest rate charged by the Province of Ontario on accounts receivable.

  • Determination of One-Month LIBOR Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date. “One-Month LIBOR” will be determined by using the “Interest Settlement Rate” for U.S. dollar deposits with a maturity of one month set by ICE Benchmark Administration Limited (“ICE”) as of 11:00 a.m. (London time) on the LIBOR Adjustment Date (the “ICE Method”). ICE’s Interest Settlement Rates are currently displayed on Bloomberg L.P.’s page “BBAM.” That page, or any other page that may replace page BBAM on that service or any other service that ICE nominates as the information vendor to display the ICE’s Interest Settlement Rates for deposits in U.S. dollars, is a “Designated Page.” ICE’s Interest Settlement Rates currently are rounded to five decimal places. If ICE’s Interest Settlement Rate does not appear on the Designated Page as of 11:00 a.m. (London time) on a LIBOR Adjustment Date, or if the Designated Page is not then available, One-Month LIBOR for that date will be the most recently published Interest Settlement Rate. If ICE no longer sets an Interest Settlement Rate, Freddie Mac will designate an alternative index that has performed, or that Freddie Mac (or its agent) expects to perform, in a manner substantially similar to ICE’s Interest Settlement Rate.

  • Accrual Rate Compensatory time for nonexempt employees will accrue at the rate of one and one-half (1-1/2) hours for each one (1) hour of overtime worked.

  • Accrual Rates Full-time employees with less than 3 years of county service earn annual leave at the rate of 120 hours per leave year. Full-time employees with 3 years, but less than 15 years of county service earn annual leave at the rate of 160 hours per leave year. Full-time employees with 15 years or more of county service earn annual leave at the rate of 208 hours per leave year. Part-time employees earn a pro- rata amount of annual leave based on a schedule established by the chief administrative officer.