Accretion Rate definition

Accretion Rate means that rate which, when applied to the Denominational Amount of a Capital Appreciation Bond or a Convertible Capital Appreciation Bond, and compounded semiannually on each February 1 and August 1, commencing August 1, 2015 (unless otherwise provided for in the Purchase Contract), produces the Maturity Value on the maturity date (with respect to Capital Appreciation Bonds) and the Conversion Value on the Conversion Date (with respect to Convertible Capital Appreciation Bonds).

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Accretion Rate means, unless otherwise provided by the Purchase Contract, that rate which, when applied to the Denominational Amount of a Capital Appreciation Bond or a Convertible Capital Appreciation Bond, and compounded semiannually on each February 1 and August 1 (commencing on February 1, 2013), produces the Maturity Value on the maturity date, in the case of a Capital Appreciation Bond, and the Conversion Value on the Conversion Date, in the case of a Convertible Capital Appreciation Bond.

Accretion Rate means, unless otherwise provided by the Purchase Contract, that rate which, when applied to the Denominational Amount of any Capital Appreciation Bond and compounded semiannually on each February 1 and August 1 (commencing August 1, 2007), produces the Accreted Value on the maturity date.

Examples of Accretion Rate in a sentence

• In the event that the Company does not declare and pay a Cash Dividend at the Cash Dividend Rate on any Dividend Payment Date pursuant to this Section 3(a), then upon such Dividend Payment Date on which such Cash Dividend is not paid, the Accreted Value in effect immediately after the prior Dividend Payment Date (or the Issue Date in respect of the first Dividend Payment Date) shall be increased automatically at the Accretion Rate.

• On June 20, 2007, and/or June 20, 2008, if the Valuation Condition is satisfied, then the Accretion Rate (or the additional cash interest rate if the principal amount of the Debentures shall have been restated following the occurrence of a Tax Event) shall be reset to the Two-Year Rate as determined on June 15, 2007.

• This Debenture shall initially represent the Issue Price and shall accrete in value at the Accretion Rate.

• The Dividend Rate and the Accretion Rate shall increase to 12.5% per annum, compounded quarterly, of the Liquidation Price in the event that either (a) the Delaware Reincorporation Vote or (b) the Requisite NYSE Shareholder Approval is not obtained on or before December 31, 1999.

• Notwithstanding the next two paragraphs, the Five-Year Rate will continue to be in effect until June 20, 2016 if the Valuation Condition is satisfied on the Accretion Rate Measurement Dates in 2017, 2018, 2019 and 2020.

More Definitions of Accretion Rate

Accretion Rate means the rate which, when applied to the principal amount of any Capital Appreciation Bond and compounded semiannually on each Compounding Date, produces the Maturity Value of such Capital Appreciation Bond on the maturity date thereof.

Accretion Rate shall have the meaning set forth in Section 3(a) hereof.

Accretion Rate means, in respect of any Pre-Record Date Deferred Amount or Junior Deferred Amount, a rate compounded monthly (using 30/360 day count convention) to produce an effective annual rate of 5.1%, except that in Undercollateralized transactions, the portion of any Pre-Record Date Deferred Loss Amount attributable to the unpaid principal loss or balance of an Insured Obligation shall accrete at an effective annual rate, as determined by the Rehabilitator on a periodic basis, equal to the greater of (i) the monthly Accretion Rate, as calculated above, less the applicable Bond Interest Rate (as adjusted from time to time), and (ii) zero.

Accretion Rate means five percent 5% per year calculated on the basis of a year of 365 days, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such accretion accrues.

Accretion Rate means, with respect to any Preferred Share, 8.0%.

Accretion Rate has the meaning specified in the Debentures.

Accretion Rate shall have the meaning ascribed thereto in Section 5.3.