Applicable Premium Rate definition

Applicable Premium Rate means, as of any date of payment of premiums on the Finnvera Guarantee by the Borrower, the percentage per annum set forth below opposite the Senior Debt Rating on such date provided by S&P and ▇▇▇▇▇’▇: (S&P) (▇▇▇▇▇’▇) BBB or higher Baa2 or higher 0.77% BBB- Baa3 1.01% BB+ Ba1 1.48% BB Ba2 1.96% BB- Ba3 2.49% B+ or lower B1 or lower 2.97%
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Applicable Premium Rate means, as of any date, the percentage per annum set forth below opposite the Senior Debt Rating on such date provided by S&P and Moody’s: (S&P) (Moody’s) BBB+ or higher Baa1 or higher 0.5315% BBB B▇▇▇ ▇.▇▇▇▇% ▇▇▇- ▇▇▇▇ 0.7065% BB+ Ba1 0.8815% NYDOCS03/851836.9B 2 BB Ba2 1.1315% BB- or lower Ba3 or lower 1.3815%
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Applicable Premium Rate means, for any Participant:
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Examples of Applicable Premium Rate in a sentence

  • In addition, but not in duplication of the last sentence of SECTION 2.3(a), during all periods prior to the Special Bridge Advance Component Termination Date, as consideration for Foothill making available to Borrower, subject to the terms, conditions, and provisions hereof, the Special Bridge Advance Component of the Borrowing Base, Borrower shall pay to Foothill additional premium interest on the average daily Applicable Amount at a per annum rate from time to time equal to the Applicable Premium Rate.

  • In addition, during all periods prior to the Special Bridge Advance Component Termination Date, as consideration for Foothill making available to Borrower, subject to the terms, conditions, and provisions hereof, the Special Bridge Advance Component of the Borrowing Base, Borrower shall pay to Foothill additional premium interest on the average daily Applicable Amount at a per annum rate from time to time equal to the Applicable Premium Rate.


More Definitions of Applicable Premium Rate

Applicable Premium Rate means the premium rate referred to in subparagraph 1 of the first paragraph of section 6 of the Act;
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Applicable Premium Rate means, as of any date of determination thereof: (a) if the Special Bridge Advance Component Termination Date has not yet occurred: (i) if such date of determination is prior to the occurrence of the Reduction Date, four percentage points (4.00%) per annum, (ii) if such date of determination is on or after the Reduction Date and is prior to the date that is one year after the Closing Date, three and one-half percentage points (3.50%) per annum, and (iii) if such date of determination is on or after the Reduction Date and is on or after the date that is one year after the Closing Date, three percentage points (3.00%) per annum; and (b) if the Special Bridge Advance Component Termination Date has occurred, zero percentage points (0.00%) per annum.
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Applicable Premium Rate means, as of any date, the percentage per annum set forth below opposite the Senior Debt Rating on such date provided by S&P and ▇▇▇▇▇’▇:
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Related to Applicable Premium Rate

  • Applicable Premium means, with respect to any Note on any Redemption Date, the greater of:

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Premium Rate means any set fee regularly paid by a subscriber to a health insuring corporation. A "premium rate" does not include a one-time membership fee, an annual administrative fee, or a nominal access fee, paid to a managed health care system under which the recipient of health care services remains solely responsible for any charges accessed for those services by the provider or health care facility.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Applicable Prepayment Percentage means, at any time, for purposes of Section 4.02(e) and the definition of “Retained Excess Cash Flow Amount,” 50%; provided that, so long as no Default or Event of Default is then in existence, if the Total Leverage Ratio is less than 3.50:1.00 as at the last day of the most recently ended Fiscal Year of the U.S. Borrower (as set forth in an officer’s certificate delivered pursuant to Section 8.01(d) for the Fiscal Year of the U.S. Borrower then last ended), the Applicable Prepayment Percentage shall instead be 0%.