Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

Assumed Interest Rate means an interest rate used by Taiwan Life on annuity starting date for the purpose of computing annuity amount.

Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the principal balance of the Loans outstanding at the inception of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than seven percent (7.0%) per annum.

Examples of Assumed Interest Rate in a sentence

Annual Assumed Interest Rate: 0.00% This hypothetical illustration is based on the allocation percentages and rates that are current as of the Assumed Issue Date of this illustration.
After the deaths of both the Annuitant and the Secondary Life the revised annuity factor is based only upon, as of the Valuation Date of the Periodic Income Payment, the Periodic Income Payment Mode; the length of time remaining in the Access Period (See: Death Benefit, During the Access Period); and the Assumed Interest Rate.
If Variable Annuity payments are elected, you must also select the Assumed Interest Rate (AIR) and specify the portion of the Accumulation Value (less any applicable premium tax) to be allocated to the available Divisions.
Variable Annuity Payments If Variable Annuity payments are chosen, the initial payment for the option chosen, shown in the Schedule, reflects the Assumed Interest Rate selected by you.
With respect to Variable Annuity Payments, the amount set forth in the Annuity Tables, as adjusted for the Assumed Interest Rate, is the amount of the FIRST monthly Annuity Payment for Annuity Options 1 through 6.

More Definitions of Assumed Interest Rate

Assumed Interest Rate. (which will be determined three (3) Business Days before the date of execution of this Schedule).

Assumed Interest Rate means, as of the date of any Advance by a Participant, --------------------- the LIBO Rate that would have been applicable for purposes of calculating interest and Yield in the event that the Advance Date to which such Advance relates had occurred on such date. Appendix 1 to Participation Agreement

Assumed Interest Rate. Assumed Interest Amount" and "Rent Differential Amount" are hereby deleted in their entirety.

Assumed Interest Rate. The interest rate used to calculate the annual payout rate and Annuity Unit Values. The Assumed Interest Rate is shown on the Contract Data Pages. The Assumed Interest Rate cannot be changed after the Contract Date.

Assumed Interest Rate means 6.40% per annum, compounded semi-annually and computed on the basis of a 360-day year of twelve 30-day months.

Assumed Interest Rate means, as of any date of determination, and with respect to any Mortgage Loan (i) that is a fixed-rate Mortgage Loan, the fixed rate of interest on such Mortgage Loan as of such date of determination, (ii) that is a hybrid Mortgage Loan, the greater of (A) the initial fixed rate of interest on such Mortgage Loan and (B) the variable rate of interest on such Mortgage Loan, assuming an index equal to the swap rate at the duration of the related Mortgage Loan without regard to pre-payments and (iii) that is an adjustable-rate Mortgage Loan, the variable rate of interest on such Mortgage Loan.