Day One Return Rate definition
Day One Return Rate means: (a) in respect of any date up to and including the Acceleration Date an annual rate of zero point three five eight nine per cent. (0.3589%); or (b) in respect of any date after the Acceleration Date an annual rate of zero point two six three nine one per cent. (0.26391%); "Designated Discount Rate" means, at the date of any calculation: (a) subject to paragraph (b) below, the fixed rate certified in good faith by the Lessor as being the rate obtainable at such date for the applicable period and the applicable amounts (or the longest period for which such funding can be obtained) plus a margin of one per cent. (1%), but subject to a minimum rate of three per cent. (3%); (b) in the case where a Termination has occurred under clause 21.3 of this Agreement, the rate calculated in accordance with paragraph (a) above plus one per cent. (1%); "Disposal Value" means disposal value for the purposes of Part 2, Chapter 5 CAA 2001; "Early Termination Fee" means, in relation to any Termination, the amount determined in accordance with paragraph 5.4; "Economically Burdensome" shall be determined for any date in accordance with the following The transactions contemplated by this Agreement shall be regarded as having become economically burdensome where: 60% of [TEC -ECPVB] exceeds TEC- RCP ~ T ECPVB is the present value of the Rents determined by the Lessor from the Original Cashflow Report and obtained by discounting the amount of each instalment of Rent from the scheduled due date therefor to the date for which it is calculated using, as a discount rate, the Assumed Rate and with rests on each Adjustment Date;