Applicable Federal Rate definition

Applicable Federal Rate means the "applicable federal rate" as defined in Section 1274(d) of the Code.

Applicable Federal Rate shall have the meaning set forth in Section 1274 of the Code.

Applicable Federal Rate means 120% of the applicable federal long-term rate, with monthly compounding (as prescribed under Section 1274(d) of the Code), published for the December immediately prior to the Plan Year.

Examples of Applicable Federal Rate in a sentence

• This total is then discounted for six months using the 120% of the Applicable Federal Rate for December 2011, equal to 1.52%, compounded semiannually, to reflect the mandatory six month waiting period pursuant to Code Section 409A.

• The regulations state that the Applicable Federal Rate, the rate for long-term Federal debt instruments, is a reasonable interest rate.

• The unpaid portion of the redemption price shall bear interest, compounded monthly from the closing of the date at the same Applicable Federal Rate, and all such interest accrued through the date each installment of the redemption price is due shall be paid simultaneously with each such installment.29 Read together, the provisions of the Operating and Supplemental Agreements become clear.

More Definitions of Applicable Federal Rate

Applicable Federal Rate shall have the meaning set forth in Section 1274(d) of the Code, compounded quarterly.

Applicable Federal Rate means the annual long-term (more than nine years) rate published monthly in the United States by the Internal Revenue Service for federal income tax purposes via a monthly revenue ruling which may be downloaded from the Internal Revenue Service’s website at: https://apps.irs.gov/app/picklist/list/federalRates.html

Applicable Federal Rate means the applicable federal rate for short-term (0-3 years) obligations of the United States Treasury as determined initially in the month of closing of ML Ventures and thereafter in January of each subsequent year.

Applicable Federal Rate means the rate computed pursuant to Section 1274(d) of the Code, compounded quarterly, with respect to the applicable period.

Applicable Federal Rate means the highest marginal U.S. federal income tax rate applicable to corporations in effect, or expected to be in effect, on the date of an applicable Required Divestiture that will, or is expected to, occur after Closing.

Applicable Federal Rate means, with respect to the Loans, the greater of (a) the AFR in effect on the first day of the quarter and (b) the AFR in effect on the first day of the quarter in which any Loan still outstanding is made.

Applicable Federal Rate means the interest rate set by the United States Treasury from time to time for the purpose of determining applicable Low Income Housing Tax Credit interest rates. The Applicable Federal Rate is published by the Internal Revenue Service in monthly revenue rulings.