Equity Rate definition

Equity Rate means, for any Equipment Payment Period, the LIBOR in effect as of the first LIBOR Banking Day of each such Equipment Payment Period plus two hundred fifty (250) basis points.
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Equity Rate means a rate determined by the Calculation Agent in accordance with the following formula:
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Equity Rate for any Lease Payment Period means an interest rate per annum equal to (a) the one (1), two (2) or three (3) month LIBOR Rate, as elected for such Lease Payment Period by Lessee pursuant to Section 4A of the Participation Agreement, plus (b) the Applicable Equity Margin.
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Examples of Equity Rate in a sentence

  • If Lessee fails to provide such notice of election at least three (3) LIBOR Banking Days before any Floating Payment Date, Lessee shall be deemed to have elected a one-month LIBOR based Applicable Equity Rate and Applicable Tranche B Rate.

  • Signed this 17 day of June , 2022 West Neighbourhood House Canadian Union of Public Employees and its Local 3393 Positions with pay rates which are above the applicable Internal Equity Rate will be posted with the new pay rate in accordance with the Internal Equity Rate for new and vacated positions.

  • In the event that Landlord's lender requires that any insurance proceeds be applied to reduce the principal amount of any loan secured by the Leased Property, then Landlord shall use its best efforts to fund the repair or reconstruction of the Leased Property through customary, commercially reasonable, fixed-rate debt financing (which shall, in all events, be at a rate that is less than the Landlord's Equity Rate).

  • Pay Equity Rate 1 July 2018 Agreed Pay Rates  In addition to these pay rates, Support workers with 10 years or more service at 1 July 2018 will be paid a rate of $25.70.

  • For the Equity Rate per hour refer to Appendix 1 of this Agreement.

  • If the Service Provider participates in the Plan, on reaching the Monthly Cash Limit, the Equity Rate is automatically increased by the amount of the hourly Cash Rate and thereafter until the relevant month end.

  • If the Service Provider is participating in the Plan, on reaching the Monthly Cash Limit, the Equity Rate is automatically increased by the amount of the hourly Cash Rate and thereafter until the relevant month end.

  • The Company may credit the Participant with an additional number of Fixed RSUs or Dynamic RSUs upon the completion of a Landmark Event which will vest separately from the Fixed RSUs or Dynamic RSUs accrued pursuant to the Equity Rate and the Task Rate.

  • The Administrative Agent shall determine the Lease Payment, Debt Rate, the Equity Rate, the Availability Fee Rate, the Overdue Rate, if any, the interest and principal, if any, due on the Loans, the Equity Return, the Availability Fee, the Equity Availability Fee and Loan Availability Fee to be due on each Payment Date and shall advise Borrower, Lessee and each Lender of such amounts owed with respect thereto at least two (2) Business Days before such Payment Date.

  • All of the provisions of this Equipment Agreement, including the Applicable Debt Rate and Equity Rate, shall be applicable during each Renewal Term for each such Item of Equipment.


More Definitions of Equity Rate

Equity Rate means, (i) with respect to each Interest Period commencing on a date other than a Monthly Date, the Alternate Base Rate plus the Equity Margin, and (ii) with respect to each Interest Period commencing on a Monthly Date, the Eurodollar Rate for such Interest Period plus the Equity Margin and, to the extent that the Eurodollar Rate is unavailable for any reason during such Interest Period, the Alternate Base Rate plus the Equity Margin.
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Equity Rate means the three (3)-month LIBOR Rate in effect as of the first LIBOR Banking Day of each Equipment Payment Period plus the Equity Margin. "ERISA" means the Employee Retirement Income Security Act of 1974, as amended. "Estimated Residual Value" for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such Item under the caption "Estimated Residual Value Percentage" applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item. "Event of Loss" with respect to any Item of Equipment means (a) the loss of such Item of Equipment or any substantial part thereof, or (b) the loss of the use of such Item of Equipment due to theft or disappearance for a period in excess of 45 days during the Term, or existing at the expiration or earlier termination of the Term, or (c) the destruction, damage beyond repair, or rendition of such Item of Equipment or any substantial part thereof permanently unfit for normal use for any reason whatsoever, or (d) the condemnation, confiscation, seizure, or requisition of use or title to such Item of Equipment or any substantial part thereof by any Governmental Entity under the power of eminent domain or otherwise beyond the earlier of sixty (60) days and the end of the Basic Term or Renewal Term, as applicable. "Excepted Payments" means (a) indemnity payments paid or payable in favor of Trust Company, Owner Participant, Lenders, any Liquidity Provider or any Assignee, or their
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