Acceptance Rate definition

Acceptance Rate means, for each Acceptance created by an Issuing Bank, the bid acceptance commission rate (as a percentage per annum) as such Issuing Bank shall have notified to the Administrative Agent prior to 11:00 a.m. (New York City time) on the Business Day which occurs one Business Day prior to the date of the creation of such Acceptance as being in effect on the date of such creation.

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Acceptance Rate means the rate for any Acceptance financing, as determined from time to time by the Agent in its sole and absolute discretion.

Acceptance Rate means for any Interest Period the all-in discount rate (including any acceptance commission of Bank) equal to the equivalent of LIBOR, plus 0.20% per annum.

Examples of Acceptance Rate in a sentence

• If there is any change in the Bankers’ Acceptance Rate or the Applicable Rate for Bankers’ Acceptances during any quarter, the maximum stated amount of all outstanding Bankers’ Acceptances shall be computed and multiplied by the Bankers’ Acceptance Rate or Applicable Rate, as applicable, separately for each period during such quarter that such Bankers’ Acceptance Rate or Applicable Rate, as applicable, was in effect.

• The Company shall pay to the Administrative Agent for the account of each Committed (USD) Lender in accordance, subject to Section 2.17, with its Applicable (USD) Percentage a Bankers’ Acceptance fee (the “BA Fee”) equal to the Bankers’ Acceptance Rate plus the Applicable Rate times the Dollar Equivalent of the daily maximum stated amount of all outstanding Bankers’ Acceptances.

• Such BA Loan shall have an Interest Period equal to the term of the Bankers’ Acceptances for which it is a substitute and shall bear interest throughout such Interest Period applicable to that BA Loan at a rate per annum equal to the Bankers’ Acceptance Rate for such Bankers’ Acceptances.

• The Borrowers shall pay to the Administrative Agent for the account of each Revolving Lender in accordance with its Applicable Revolving Percentage a Bankers’ Acceptance fee (the “BA Fee”) equal to the Bankers’ Acceptance Rate plus the Applicable Rate times the maximum stated amount of all then outstanding Bankers’ Acceptances.

• Concerning catalog On-Line Prescreen, Bank will bear 100% of the On-Line Prescreen credit bureau expense during Plan Year 1 and thereafter Bank shall bear such expense provided the ▇▇▇▇▇ ▇▇▇▇▇ Business' annual aggregate telephone acceptance rate is at least equal to the "Target Acceptance Rate".

More Definitions of Acceptance Rate

Acceptance Rate means annual interest rate applicable to Bankers Acceptances which shall be the sum of: (a) the rate set forth in Column II of the Bank’s internally prepared Discount Rate for Acceptance Financing (as determined and updated from time to time by the Bank) for the selected Term; plus (b) the Acceptance Margin.

Acceptance Rate the rate for any Acceptance financing equal to the Acceptance Margin plus the discount rate, as determined from time to time by the Accepting Bank in its sole and absolute discretion, as generally available as the discount rate to other customers of the Accepting Bank for bankers' acceptances of an amount comparable to the amount of such Acceptance and having a tenor comparable to the tenor of such Acceptance.

Acceptance Rate means, at any time, the Lender's "all-in-rate" for acceptances in effect on the dates of acceptance and discount.

Acceptance Rate means, for the purpose of calculating the Acceptance Fee, the percentage rate per annum determined in accordance with the provisions of Section 4.6 and by reference to the appropriate tier applicable to column (4) on the matrix set forth in Section 4.6;

Acceptance Rate means, at any time with respect to any Acceptance Draft, the discount rate for bankers' acceptances in a comparable amount and of comparable maturity generally available from the Issuing Bank at such time, as determined by the Issuing Bank in its sole discretion.

Acceptance Rate means in respect of any Equipment, the aggregate of the Cost of Funds and the Margin.

Acceptance Rate the rate per annum equal to the Applicable Margin then in effect for Eurodollar Loans plus the discount rate, as determined from time to time by the Accepting Bank, in its sole and absolute discretion, as generally available as the discount rate to other customers of the Accepting Bank for bankers' acceptances for up to and including