Acceleration Rate definition

Acceleration Rate means the applicable Federal rate provided for in Section 1274(d)(1)(C)(i) of the Code, compounded annually.
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Acceleration Rate means nine (9) percent.
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Acceleration Rate means six percent per annum, compounded quarterly, and calculated on the basis of a 365-day year.
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Examples of Acceleration Rate in a sentence

  • In the event of such an acceleration, the amount due and owing to the Holder shall be 130% of the outstanding principal amount of the Note (plus accrued and unpaid interest and fees, if any) (the "Acceleration Rate") until such Event of Default shall have been cured or waived in writing by the Holder, if applicable.

  • Each Deferred Acceleration Payment to be made shall be equal to: (A) seventy percent (70%) of an amount equal to the present value, discounted at the Acceleration Rate, of all Tax Benefit Payments that would be required to be paid by ▇▇▇▇▇ Inc.

  • The net present value of each of the Existing Client Acceleration, the Transferred ASO Acceleration and the components thereof shall be calculated using the Acceleration Rate as the discount rate.

  • In the event of such an acceleration, the amount due and owing to the Holder shall be 115% of the outstanding principal amount of the Note (plus accrued and unpaid interest and fees, if any) (the "Acceleration Rate").


More Definitions of Acceleration Rate

Acceleration Rate means, with respect to a Discount Note, a rate of interest equal to the Yield to Maturity of such Note;
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Acceleration Rate means, for any Acceleration Date, and with respect to the Bonds the principal of which is due and payable on a Scheduled Due Date, including principal due and payable by reason of mandatory sinking fund redemption of such Bonds, the fixed rate the Calculation Agent determines is representative of what swap dealers would be willing to pay to the Calculation Agent (or, if required to be cleared under the Commodity Exchange Act or a Commodity Futures Trading Commission rule or regulation promulgated thereunder, to a swap clearinghouse) as fixed rate payors on a semi-annual basis in return for receiving one-month LIBOR-based payments monthly under interest rate swap transactions that would commence on such Acceleration Date, and mature on, or as close as commercially practicable to, the Scheduled Due Date for such Bonds.
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Related to Acceleration Rate

  • Acceleration Date means the earlier of the date of stockholder approval or approval by the Company's Board of Directors of (i) any consolidation or merger of the Company in which the Company is not the continuing or surviving corporation or pursuant to which shares of Company Common Stock would be converted into cash, securities or other property, other than a merger of the Company in which stockholders of the Company immediately prior to the merger have the same proportionate ownership of stock in the surviving corporation immediately after the merger; (ii) any sale, exchange or other transfer (in one transaction or a series of related transactions) of all or substantially all of the assets of the Company; or (iii) any plan of liquidation or dissolution of the Company.

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).