Extra Rate definition

Extra Rate means the Effective Rate plus eight (8.00%) percent per annum. Should Borrower make any payment by mail, the payment must be actually received by Crestmark before the payment is credited but payment is still subject to the Clearance Days as defined in the Schedule to the Agreement. Borrower assumes all risk resulting from non-delivery or delay, in delivery of any payment no matter how the payment is delivered. If Borrower elects to prepay this Note and/or terminate the Agreement, Borrower may do so, but only upon payment of all the Obligations, including the Exit Fee set forth in the Schedule. It is the intent of the parties that the rate of interest and other charges to Borrower under this Note shall be lawful; therefore, if for any reason the interest or other charges payable hereunder are found by a court of competent jurisdiction, in a final determination, to exceed the limit Crestmark may lawfully charge Borrower, then the obligation to pay interest or other charges shall automatically be reduced to such limit and, if any amount in excess of such limit shall have been paid, then such amount shall be credited to the outstanding principal balance of this Note, or if no such amount is outstanding, refunded to Borrower. Borrower waives any obligation of Crestmark to present this Note for payment or to give any notice of nonpayment or notice of protest and any other notices of any kind. The liability of the Borrower is absolute and unconditional, without regard to the liability of any other party. The Borrower will reimburse Crestmark for all costs and expenses including attorneysfees incurred by Crestmark in enforcing its rights under this Note. This Note amends and restates in its entirety a certain Promissory Note (Line of Credit) dated August 19, 2016, as amended by Amended and Restated Promissory Note (Line of Credit) dated September 14, 2017, Second Amended and Restated Promissory Note dated March 23, 2018 and Third Amended and Restated Promissory Note dated October 4, 2018 from Borrower to Crestmark. This Note does not constitute a novation or extinguishment of the existing indebtedness evidenced by said promissory note and said indebtedness is still outstanding. COHERIX, INC. a Delaware corporation By: /s/ Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Its: CEO
Extra Rate means the hourly rate charged by CTi;

Examples of Extra Rate in a sentence

  • Extra Rate Not Cumulative - When more than one of the above rates provide payment for disabilities of substantially the same nature then only the highest of such rates shall be payable.

  • Extra Rate not Cumulative - When more than one of the above rates provide payment for disabilities of substantially the same nature then only the highest of such rates shall be payable.

  • Extra Rate Not Cumulative - When more than one of the above rates provide payment for disabilities of substantially the same nature, then only the highest of such rates shall be payable.

  • The Rate payable against the Extra Rate Schedules are inclusive of Toll charges, if any.

  • Transport Charges incurred by the vendor for any special intermittent operations other than specified in the Rate Schedules or any additional movement requested by BHEL officials in writing, the transport charges payable extra as per the Extra Rate Schedules available in Main OS contract.

  • The contractors will be reimbursed TO and FRO transport charges by BHEL for movement of components between contractors and these sources as per respective Extra Rate Schedules.

  • The rights vested in the Local School Board of HALAU KU MANA New Century Public Charter School require approval of a majority of all members of the BOARD OF DIRECTORS (hereinafter "Board").

  • Price Bid Documents for each Group of Rate Schedules are available as Annexure – D, for Extra Rate Schedules as Annexure-DE.

  • The Extra Rate up to 10% over acceptable L1 bidder (if L1 bidder is not offering products manufactured by manufacturing units approved by from US FDA, TG Australia, Health Canada, EU approval, MCC South Africa approval, Brazil Anvisa) shall be given to the lowest bidder (irrespective of quoted rate within 10% or beyond 10% of L1) having product manufactured by manufacturing units approved by US FDA.

  • Transport Charges incurred by the vendor for any special intermittent operations other than specified in the Rate Schedules or any additional movement requested by BHEL officials in writing, the transport charges payable extra as per the Extra Rate Schedules available in the contract.

Related to Extra Rate

  • T-Xxxx Rate means, for any Quarterly Floating Rate Period, the average yield expressed as a percentage per annum on three-month Government of Canada Treasury Bills, as reported by the Bank of Canada, for the most recent treasury bills auction preceding the applicable Floating Rate Calculation Date.

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the Reserve Percentage.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Wage Rate means the minimum regular hourly rate of wages in effect as of January 1st of each year (whether paid by Landlord or any contractor employed by Landlord) computed as paid over a forty hour week to Porters in Class A office buildings pursuant to an Agreement between Realty Advisory Board on Labor Relations, Incorporated, or any successor thereto, and Local 32B-32J of the Building Service Employees International Union, AFL-CIO, or any successor thereto; and provided, however, that if there is no such agreement in effect prescribing a wage rate for Porters, computations and payments shall thereupon be made upon the basis of the regular hourly wage rate actually payable in effect as of January 1st of each year, and provided, however, that if in any year during the term, the regular employment of Porters shall occur on days or during the hours when overtime or other premium pay rates are in effect pursuant to such Agreement, then the term "hourly rate of wages" as used herein shall be deemed to mean the average hourly rate for the hours in a calendar week during which Porters are regularly employed (e.g., if pursuant to an agreement between Realty Advisory Board and the Local the regular employment of Porters for forty hours during a calendar week is at a regular hourly wage rate of $3.00 for the first thirty hours, and premium or overtime hourly wage rate of $4.50 for the remaining ten hours, then the hourly rate of wages under this Article during such period shall be the total weekly rate of $135.00 divided by the total number of regular hours of employment, forty or $3.375). Notwithstanding the foregoing, if at any time such hourly wage rate is different for new hire and old hire Porters, then thereafter such hourly wage rate shall be based on the weighted average of the wage rates for the different classifications of Porters.

  • Formula Rate For any Distribution Date and the Class A Certificates and the Mezzanine Certificates, the lesser of (i) One-Month LIBOR plus the related Certificate Margin and (ii) the Maximum Cap Rate.

  • Reference Rate means the rate specified as such hereon.

  • Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Curr Rate CLTV: Prin Bal: Maturity Date: Lien Pos: 4073522 KY 300 14 87032.94 70300 779.66 737 407352200000000 8 298 1 126000 11/21/2000 30 Alexandria 41001 2 12.750 125 70267.28 11/30/2025 2 4073683 UT 301 14 151982 48000 536.85 709 407368300000000 8 299 1 160000 11/07/2000 46 Xxxxxxx 84015 2 12.880 125 47978.15 12/01/2025 2 4073779 AR 241 14 46747 35000 410.05 709 407377900000000 9 239 1 75000 11/30/2000 21 Jonesboro 72401 2 13.000 109 34969.12 12/05/2020 2 4073903 PA 240 14 95367 50000 640 664 407390300000000 9 238 1 117000 11/03/2000 48 Dauphin 17018 2 14.500 125 49891.2 11/09/2020 2 4073951 IN 181 129439 50000 691.25 664 407395100000000 6 179 1 145000 11/29/2000 50 INDIANAPOLIS 46239 2 14.750 124 49923.33 12/04/2015 2 4073952 UT 301 14 132362 27000 304.31 699 407395200000000 8 299 1 144000 11/29/2000 45 LEHI 84043 2 12.990 111 26987.97 12/04/2025 2 4073953 DE 301 14 91018 26400 348.41 666 407395300000000 8 299 1 94000 11/28/2000 35 XXXXXXXXXX 00000 2 15.500 125 26341 12/02/2025 2 4073954 MN 240 14 94962 47900 666.05 668 4073955 UT 181 14 159067 50000 691.25 675 407395500000000 6 179 1 182000 11/29/2000 00 XXXX XXXXXX 84088 2 14.750 115 49923.33 12/04/2015 2 4073956 AZ 181 14 121959 34900 536.87 659 407395600000000 6 179 1 127000 11/27/2000 45 PHOENIX 85051 2 16.990 124 34857.26 12/04/2015 2 4073957 OR 181 14 128429 35000 483.88 746 407395700000000 6 179 1 140000 11/29/2000 41 MILWAUKEE 97222 2 14.750 117 34946.33 12/04/2015 2 4073959 PA 300 14 87508 45000 482.28 721 407395900000000 8 299 1 107000 12/01/2000 45 PITTSBURGH 15239 2 12.250 124 44759.38 12/06/2025 2 4073961 MI 240 14 83125 29200 428.08 648 407396100000000 9 239 1 97000 12/01/2000 00 XXXXXXXX XXXXXX 48125 2 16.990 116 29183.42 12/06/2020 2 4073962 UT 241 14 114731 34000 416.64 720 407396200000000 9 239 1 119000 11/29/2000 35 XXX 84067 2 13.750 125 33972.94 12/04/2020 2 4073963 MD 180 4 120954 35000 465.87 744 407396300000000 6 179 1 140000 12/01/2000 42 GERMANTOWN 20874 2 13.990 112 34883.67 12/06/2015 2 4073964 ID 301 14 84000 50000 630.73 662 407396400000000 8 299 1 111000 11/27/2000 30 MERIDIAN 83642 2 14.750 121 49983.85 12/01/2025 2 Page 160 of 409

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • Adjusted LIBOR Rate means, with respect to any Eurodollar Borrowing for any Interest Period, (a) an interest rate per annum (rounded upward, if necessary, to the nearest 1/100th of 1%) determined by the Administrative Agent to be equal to the LIBOR Rate for such Eurodollar Borrowing in effect for such Interest Period divided by (b) 1 minus the Statutory Reserves (if any) for such Eurodollar Borrowing for such Interest Period.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Adjusted One Month LIBOR Rate means, for any day, an interest rate per annum equal to the sum of (i) 2.50% plus (ii) the Adjusted LIBO Rate for a one month interest period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the LIBO Screen Rate at approximately 11:00 a.m. London time on such day; provided further, that, if the LIBO Screen Rate at such time shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • Flow rate means the rate at which water flows through pipes, valves and emission devices, measured in gallons per minute, gallons per hour, or cubic feet per second.

  • Straight-time rate means the hourly rate of remuneration.

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • FRBNY Rate means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day; provided that if both such rates are not so published for any day that is a Business Day, the term “FRBNY Rate” means the rate quoted for such day for a federal funds transaction at 11:00 a.m. on such day received by the Administrative Agent from a Federal funds broker of recognized standing selected by it; provided, further, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Prescribed Rate means the rate of 4% above The Royal Bank of Scotland plc base rate from time to time in force.