Applicable Discount Rate definition

Applicable Discount Rate means, with respect to any year, the fraction designated in Schedule 1.1.

Applicable Discount Rate. With respect to any Contract has the meaning set forth in the related Series Supplement.

Applicable Discount Rate means with respect to any Series 2000-A Contract, the sum of:

Examples of Applicable Discount Rate in a sentence

• The calculation of an Initial Investment Index greater than 4.75% shall not constitute a failure of the condition in this Section 11.3.6; provided, that in the event the calculation of the Initial Investment Index produces a rate that is in excess of 4.75%, the parties hereto shall endeavor in good faith to reconsider the Applicable Discount Rate, and only if such endeavors fail shall there be a failure of the condition in this Section 11.3.6.

• A Liquidation Value for each Contract (CLV) is determined by Calculating a Present Value of the Liability Based on: • Payments Due Under ELNY Contract (Amount and Timing) • Payments Discounted Using Applicable Discount Rate (which will be assumed to be 4.25% in this Schedule 3.1) • Use ELNY Mortality Table for Life Contingent Benefits • Aggregate Liquidation Value of Liabilities under all ELNY Contracts (ALV) is the sum of the Liquidation Value for Each Contract (CLV) (e.g. ALV = ∑ CLV).

• The Applicable Discount Rate for certain Series may be based on variable benchmark or interbank rates, such as the Euro OverNight Index Average (“EONIA”) and other similar types of reference rates (“Rates”).

• If any Pre-IPO Tax Asset is treated as being used pursuant to this Section 4.2(g), TODCO shall, in accordance with Section 5, pay to Holdings (or another member of the Transocean Tax Group designated by Holdings pursuant to Section 5.5) the amount equal to the product of (x) the value of such Pre-IPO Tax Asset and (y) the Applicable Discount Rate for the year in which the Tax Return including such Pre-IPO Tax Asset is treated as being filed.

• The cessation or replacement of a Rate or any other changes or reforms to the determination, calculation methodology, administration or supervision of a Rate, or any increased costs associated with use (or replacement) of a Rate, could have an adverse impact on the market for, or value or performance of, any securities or on payments linked to such Rate and may result in a requirement to use analternative Rate as the basis for the Applicable Discount Rate for the relevant Series.

More Definitions of Applicable Discount Rate

Applicable Discount Rate shall have the meaning set forth in Section 7.11.

Applicable Discount Rate means, at a particular time of determination and with respect to certain cash in-flows and cash out-flows of the Generator, the following discount rates:

Applicable Discount Rate means (i) for the “Tier I Incentive Management Fees”(as defined in the applicable Company CLO Management Agreement), fifteen percent (15%), and (ii) for the “Tier II Incentive Management Fees” (as defined in the applicable Company CLO Management Agreement), twenty percent (20%).

Applicable Discount Rate in Section 1.1 of the Agreement is amended by deleting the text "actively traded" and substituting in its place the text "two year" and by deleting the text immediately after "U.S. Treasury securities" and substituting in its place the text "plus (x) 150 basis points".

Applicable Discount Rate means, with respect to any Receivable, the "Discount Rate" specified in the Designated Supplement to which such Receivable shall be allocated as described in the applicable Seller Transfer Report.

Applicable Discount Rate means the rate of interest per annum used to determine the Liquidation Value of each Contract, which shall equal:

Applicable Discount Rate means, in respect of a Series, the rate specified as such inthe relevant Final Terms (reflecting the rate set out in the CFTA as at the Issue Date), provided that if the Issuer and the CFTA Counterparty agree to revise the rate applicable in the CFTA, the Applicable Discount Rate shall mean such revised rate. Where the Issuer and CFTA Counterparty agree to amend the rate specified in the CFTA, the revised rate will be made available via the website maintained on behalf of the Issuer at www.blackrock.com/DIVRSE (or such other website as may be notified to Noteholders).