Daily Factor definition

Daily Factor means, with respect to each day in a Management Fee Calculation Period, an amount, expressed as a percentage, determined by the Calculation Agent in its sole discretion (acting in a commercially reasonable manner) in accordance with the following formula:
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Examples of Daily Factor in a sentence

  • For any day on which a Daily Factor for a SLGS Demand Deposit Security is not published, the applicable daily factor will be the Daily Factor that was in effect on the preceding day.

  • The daily factor for the daily interest accrual shall be the same as the "Daily Factor" in effect on the issue date for a State and Local Government Series (SLGS) Demand Deposit security, which is published and can be found at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/GA-SL/SLGS/selectSLGSDate.htm.

  • Commencement Date Rent Payment Period Monthly Initial Term 60 Months Each Rent Payment $1,945.00 plus applicable taxes except financed sales tax included in Total Cost Interim Rent Daily Factor 0.0299% Advance Rent Payment N/A for Installments N/A Security Deposits N/A Total Cost $101,050.00 Each rent Payment shall be payable to arrears commencing on the date that is one Rent Payment Period after the Commencement Date and on the same day of each subsequent Month for the initial Term and any renewal term.

  • Daily NAV and Yields On a daily basis, the Agent will calculate and electronically transmit to the Advisor, the Client’s transfer agent, and Securities Lending Agents and other parties as needed by 6:00 p.m. NAV Net Assets Current Daily Factor 1 day simple yield 7 day simple yield 7 day compound yield 30 day distribution yields MTD (from previous months end, daily) YTD (provided daily) All reports to be delivered to the Advisor in a mutually agreed upon format.

  • In addition to basic rent payable from the Commencement Date, Lessee agrees to pay interim rent with respect to each separate item of Equipment covered by a particular Schedule from the date it is delivered and accepted to the Commencement Date, it is a daily rate equal to (i) Lessor’s cost of such item specified in such Schedule or in applicable invoice, multiplied by (ii) the Interim Daily Factor specified in such Schedule.

  • The Daily Factor used to determine interest credited hereunder shall be calculated as follows: DAILY FACTOR = (INDEX VALUE) /360.

Related to Daily Factor

  • Load factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • S&P Volatility Factor means 277% or such other potential dividend rate increase factor as S&P advises the Corporation in writing is applicable.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of