Appropriate Discount Rate definition

Appropriate Discount Rate means (i) for the periods prior [effective date of this agreement], the approved rates by the MWSS; and (ii) from [effective date of this agreement date], is equal to nominal twelve percent (12%).
Appropriate Discount Rate means (i) for the periods prior to [effective date of this agreement], the approved rates by the MWSS; and (ii) from [effective date of this agreement date], is equal to nominal twelve percent (12%).
Appropriate Discount Rate means (i) for the periods prior to effective date of the RCA, the approved rates by the MWSS; and (ii) from effective date of the RCA, is equal to nominal twelve percent (12%).

More Definitions of Appropriate Discount Rate

Appropriate Discount Rate means, at any time, the real (i.e., not inflation adjusted) weighted average cost of capital (after taxes payable by the concession business). In determining the Appropriate Discount Rate, the Regulatory Office shall apply conventional and internationally accepted methods, and in particular shall make estimates of the cost of debt in domestic and international markets, the cost of equity for utility businesses in the Philippines and abroad and shall make adjustments to such estimates to reflect country risk, exchange rate risk and any other project risks.
Appropriate Discount Rate means such rate of return as, at the time at which the appropriate discount rate falls to be applied from time to time, investors and creditors would reasonably expect of a properly managed company holding this Project Licence whose sole business consists of performing the Project and, without excluding other considerations which may also be relevant, having its equity share capital listed on The International Stock Exchange of the United Kingdom and the Republic of Ireland [London Stock Exchange plc], and the same appropriate discount rate shall be applied for all purposes in determining questions subject of the same reference (including questions determined by the Authority under paragraph 12 of Condition B (Allowed Revenue) when it
Appropriate Discount Rate means, at any time, the real (i.e., not inflation