Deferral Rate means the ratio (expressed as a percentage) of the estimated outstanding balance of mortgage payment deferrals divided by the estimated total outstanding balance.
Deferral Rate means with respect to any Fixed Amount Adjustment Payment and the related Deferral Period, the USD-LIBOR-BBA rate (as defined in the 2000 ISDA Definitions, for which purpose each day of the Deferral Period shall be a Reset Date.
Deferral Rate means, with respect to any Fixed Amount Adjustment Payment and Deferral Period, USD-LIBOR-BBA (as defined in the 2000 ISDA Definitions), for which purposes (a) the first day of the relevant Deferral Period shall be the Reset Date and (b) the Designated Maturity shall be a period of time determined by the Calculation Agent in a commercially reasonable manner to be as close as possible to the Deferral Period, provided that the Calculation Agent may calculate the relevant Deferral Rate on the basis of linear interpolation of rates determined in accordance with the foregoing for Designated Maturities of the periods of time next shorter and next longer than the relevant Deferral Period for which rates are available.
Examples of Deferral Rate in a sentence
The Annual Rollup Rate is used to calculate (i) your AWA and (ii) unless the Deferral Rate described below applies, your Annual Rollup Amount.
On the Deferred Settlement Date, in addition to any other amounts payable or deliverable hereunder, the Issuer shall pay in respect of each Deferral Security an amount equal to the product of (a) the Credit Event Settlement Amount of such Security; (b) the Deferral Rate; and (c) the Deferral Day Count Fraction.
Any deductibles under any of Contractor’s insurance policies shall be the responsibility of Contractor.
An Employee’s Actual Deferral Rate (“ADR”) is the sum of that individual’s Basic Elective Deferral Contributions and QNECs for the Plan Year, divided by such Employee’s Compensation under (d).
Employees may elect to change their Elective Deferral Rate with respect to future contributions by submitting a new properly executed Salary Reduction Agreement to the employer.
More Definitions of Deferral Rate
Deferral Rate means with respect to any Fixed Amount Adjustment Payment and the related Deferral Period, the USD-LIBOR-BBA rate (as defined in the 2000 ISDA Definitions, for which purpose each day of the Deferral Period shall be a Reset Date. With respect to any Reference Obligation, the Reference Obligation Notional Amount corresponding to such Reference Obligation as at the relevant Event Determination Date.Conditions to Settlement: With respect to each Reference Obligation:Credit Event NoticeNotice of Publicly Available Information: Applicable. If, in the good faith and in a commercially reasonable judgement of the Calculation Agent, Publicly Available Information is not available or if the sole source of Publicly Available Information is an Affiliate of Party A, notwithstanding anything to the contrary in the Credit Derivatives Definitions or in this Confirmation, the Notice of Publicly Available Information Condition to Settlement may be satisfied by the delivery by the Calculation Agent of either (a) an officer’s certificate signed by two authorised signatories of the Calculation Agent which (i) identifies the Credit Event; (ii) describes how the occurrence of the Credit Event was determined; (iii) identifies the sources of the information that provide evidence of the Credit Event and that were used to make such determination; and (iv) attaches copies of relevant extracts of the information referred to in the preceding sub-clause (iii) to the extent possible or permitted; or (b) a notice which attaches a letter (addressed to Buyer) from a firm of accountants of international standing confirming the occurrence of the Credit Event. Public Sources: Any source of Publicly Available Information identified pursuant to Section 3.7 of the Credit Derivatives Definitions or any other internationally recognised publication of the structured finance industry including, but not limited to, (i) Bond Week, (ii) Securitisation News and (iii) ABS Asset. Specified Number: One. Notifying Party: BuyerFor the avoidance of doubt, the Conditions to Settlement may be satisfied (i) once only in relation to each Reference Obligation, provided that in relation to a Reference Obligation that is subject to a Reversible Loss Event, the Conditions to Settlement may be satisfied more than once; and (ii) more than once in relation to this Transaction. Publicly Available Information: All references to “trustee, fiscal agent, administrativeagent, clearing agent or paying agent” in Sections 3.5(a) a...
Deferral Rate means, for each calendar quarter, a rate equal to the actual yield on three-month U.S. Treasury bills as reported in the Wall Street Journal on the first business day of such calendar quarter.
Deferral Rate means the rate (expressed as a percentage to the nearest one hundredth of one percent) determined by dividing:
Deferral Rate means ____% per annum and, for the period after the Call Option Expiration Date, the Reset Rate.
Deferral Rate means LIBOR plus 150 basis points.
Deferral Rate means, in respect of the Deferral Period, the rate determined in accordance with the Issue Specific Terms; and
Deferral Rate means the percentage of Compensation that a Participant elects to defer as described in Section 5.01.