Blended Discount Rate definition

Blended Discount Rate. For any Determination Date, a rate per annum equal to the weighted average (calculated based on the applicable Outstanding Balances) of (i) the Blended Discount Rate as of the immediately preceding Determination Date and (ii) the Sale Discount Rate, if any, for any Contract transferred to the Asset Pool on the most recent Purchase Date, if any, occurring on or after the immediately preceding Determination Date; provided, however, that the Blended Discount Rate for the first Determination Date following the Closing Date shall be the Sale Discount Rate applicable to the Original Contracts.
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Blended Discount Rate. For any Determination Date, a rate per annum --------------------- equal to the weighted average (calculated based on the applicable Outstanding Balances) of (i) the Blended Discount Rate as of the immediately preceding Determination Date and (ii) the Sale Discount Rate, if any, for any Contract transferred to the Asset Pool on the most recent Purchase Date, if any, occurring on or after the immediately preceding Determination Date; provided, -------- however, that the Blended Discount Rate for the first Determination Date ------- following the Closing Date shall be the Sale Discount Rate applicable to the Original Contracts.
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Blended Discount Rate. For any Determination Date, a rate per annum equal to the weighted average (calculated based on the applicable Outstanding Balances) of the Hedged Discount Rates as of such Determination Date.
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Examples of Blended Discount Rate in a sentence

  • The Annual OPEB Expense is not a good proxy for the ADC because the GASB Statement No. 75 amortization and Blended Discount Rate requirements will produce too much volatility.

  • In any of the foregoing instances, the Seller shall accept the retransfer of each such Ineligible Contract, and the ADCB shall be reduced by the Discounted Contract Balance (calculated using the applicable Blended Discount Rate as of the most recent Determination Date) of each such Ineligible Contract and, if applicable, increased by the Discounted Contract Balance of each such Substitute Contract.

  • In consideration of such retransfer, without substitution, the Seller shall, on the date of retransfer of such Ineligible Contract, make a deposit to the Collection Account (for allocation pursuant to Section 2.7 , 2.8 or 2.9, as applicable) in immediately available funds in an amount equal to the Discounted Contract Balance of such Ineligible Contract (calculated using the applicable Blended Discount Rate as of the most recent Determination Date).

  • In any of the foregoing instances, the ADCB shall be reduced by the Discounted Contract Balance (calculated using the applicable Blended Discount Rate as of the most recent Determination Date) of each such Contract to be replaced or repurchased and, if applicable, increased by the Discounted Contract Balance (calculated using the applicable Blended Discount Rate as of the most recent Determination Date) of each such Substitute Contract.

  • The evaluation will seek and utilize data disaggregated by age, gender, vulnerable groups, etc., to ensure findings that are gender reflective and targeted.

  • In consideration of such retransfer the Seller shall, on the date of retransfer of such Ineligible Contract make a deposit to the Collection Account (for allocation pursuant to Section 2.7 or 2.8, as applicable in immediately available funds in an amount equal to the Discounted Contract Balance of such Ineligible Contract (calculated using the Blended Discount Rate as of the most recent Determination Date)).

  • In consideration of such retransfer, without substitution, the Seller shall, on the date of retransfer of such Ineligible Contract, make a deposit to the Collection Account (for allocation pursuant to Section 2.7 or 2.9, as applicable) in immediately available funds in an amount equal to the Discounted Contract Balance of such Ineligible Contract (calculated using the applicable Blended Discount Rate as of the most recent Determination Date).

  • Except for those disclosed in Note 14, there were no significant transactions, arrangements and contracts in relation to the Target Company A’s business to which the Target Company A was a party and in which a director of the Target Company A had a material interest, whether directly or indirectly, subsisted at the end of the year/period or at any time during the Track Record Period.

  • Selection of Blended Discount Rate Since Howard County’s OPEB expenditures are between the pay as you go (PAYGO) and the contribution target, the discount rate is blended discount rate.

  • In any of the foregoing instances, the Seller shall accept the retransfer of each such Ineligible Contract, and there shall be deducted from the ADCB the Discounted Contract Balance (calculated using the Blended Discount Rate as of the most recent Determination Date) of each such Ineligible Contract.

Related to Blended Discount Rate

  • BA Discount Rate means:

  • Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).

  • Solicited Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Submitted Discount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Discount Rate means the rate used by the Plan Administrator for determining the Accrual Balance. The initial Discount Rate is six percent (6%). However, the Plan Administrator, in its discretion, may adjust the Discount Rate to maintain the rate within reasonable standards according to GAAP and/or applicable bank regulatory guidance.

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Age-based discount means a discount offered on selected hospital policies for persons and/or their partners aged between 18 and 29. The discount is two per cent for each year that the person is aged under 30, to a maximum of 10 per cent. Providing the person remains on an applicable hospital cover, they are entitled to the discount until they turn 41 at which time the discount will decrease at the rate of two per cent per year for up to five years, so that no age-based discounts are available after the age of 45.

  • Blended Rate means, with respect to any Taxable Year, the sum of the effective rates of tax imposed on the aggregate net income of the Corporate Taxpayer in each state or local jurisdiction in which the Corporate Taxpayer files Tax Returns for such Taxable Year, with the maximum effective rate in any state or local jurisdiction being equal to the product of: (i) the apportionment factor on the income or franchise Tax Return filed by the Corporate Taxpayer in such jurisdiction for such Taxable Year, and (ii) the maximum applicable corporate tax rate in effect in such jurisdiction in such Taxable Year. As an illustration of the calculation of Blended Rate for a Taxable Year, if the Corporate Taxpayer solely files Tax Returns in State 1 and State 2 in a Taxable Year, the maximum applicable corporate tax rates in effect in such states in such Taxable Year are 6% and 5%, respectively and the apportionment factors for such states in such Taxable Year are 60% and 40%, respectively, then the Blended Rate for such Taxable Year is equal to 5.6% (i.e., 6% times 60% plus 5% times 40%).

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit M.

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Offered Discount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit O, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

  • Specified Discount Prepayment Response means the irrevocable written response by each Lender, substantially in the form of Exhibit J, to a Specified Discount Prepayment Notice.

  • Yield Rate means, (i) with respect to any Eligible Treasury Security on deposit at any time in either of the Paired Holding Trusts, the stated interest rate of such Eligible Treasury, if any, or any discount rate applicable to such Eligible Treasury, based on the purchase date and purchase price at which the applicable Paired Holding Trust acquired that Eligible Treasury, and (ii) with respect to any Eligible Treasury Repurchase Agreement, the difference between the repurchase price and the purchase price paid under such agreement, with such difference expressed as a percentage of such purchase price.

  • Moody’s Discount Factor means the discount factors set forth in the Moody's Guidelines for use in calculating the Discounted Value of the Fund's assets in connection with Moody's long-term preferred share ratings of the VRDP Shares at the request of the Fund.

  • Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Senior Securities.

  • Money Market Yield means a yield (expressed as a percentage) calculated in accordance with the following formula: Money Market Yield = D x 360 x 100 360 – (D x M) where “D” refers to the applicable per annum rate for commercial paper quoted on a bank discount basis and expressed as a decimal, and “M” refers to the actual number of days in the applicable Interest Reset Period.