Landing Rate definition

Landing Rate means the rate computed in accordance with Section 4.3(e). “Last Partial Term Year” means, if this Agreement expires or terminates on a date other than December 31st, the period commencing on January 1st of the year in which this Agreement expires or terminates and ending on the date on which this Agreement expires or terminates. For the avoidance of doubt, if this Agreement expires or terminates on December 31st, then there is no Last Partial Term Year.
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Examples of Landing Rate in a sentence

  • To recover all sums already paid by the Buyer, and in case of an Indian Bidder with interest thereon at 2% higher than the prevailing Prime Landing Rate, while in case of a Bidder from a country other than India with interest thereon at 2% higher than the LIBOR.

  • Receivables equivalent to two months of fixed and variable charges for sale of electricity calculated on target availability.(b) Rate of interest on working capital: The rate of interest on working capital shall be equal to the short – term Prime Landing Rate of State Bank of India on 1st April of the year in which the generating station or a unit there of is declared under commercial operation.

  • Loading shall be done at SBI Marginal Cost of Fund Based Landing Rate (MCLR) + 1%.

  • Quantifying Force Magnitude and Landing Rate from Drop Landings That Induce Osteogenesis.

  • To recover all sums already paid by the BUYER, and in case of an Indian BIDDER with interest thereon at 2% higher than the prevailing Prime Landing Rate of State Bank of India, while in case of a BIDDER from a country other than India with interest thereon at 2% higher than the LIBOR.

  • All the banks, led by the State Bank of India have reduced the Marginal Cost of Funds based Landing Rate (MCLR) by upto 90 basis points.

  • Interest Rate for loading other than specified in Annexure - X will be taken as double the Prime Landing Rate of State Bank of India ( prevailing on the date of NIT ) plus 2% for Administrative Charges.

  • Any interest to be paid either by the Allottee or the Promoter to the other Party in terms of this Agreement shall be paid @ State Bank of India highest Marginal Cost of Landing Rate (MCLR) + 2% p.a. (“Interest Rate”).

  • State Bank of India Marginal Cost of Funds Based Landing Rate , 2: Financial Benchmarks India Pvt.

  • Students will not be permitted to stand or move from place to place while the bus is moving.

Related to Landing Rate

  • Pricing Rate the per annum percentage rate for determination of the Price Differential;

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • borrowing rate means the interest rate expressed as a fixed or variable percentage applied on an annual basis to the amount of credit drawn down;

  • LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR 1.00-Eurodollar Reserve Percentage

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

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • Interpolated Rate means, at any time, for any Interest Period, the rate per annum (rounded to the same number of decimal places as the LIBO Screen Rate) determined by the Administrative Agent (which determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis between: (a) the LIBO Screen Rate for the longest period for which the LIBO Screen Rate is available) that is shorter than the Impacted Interest Period; and (b) the LIBO Screen Rate for the shortest period (for which that LIBO Screen Rate is available) that exceeds the Impacted Interest Period, in each case, at such time.

  • LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, the rate appearing on Page 3750 of the Telerate Service (or on any successor or substitute page of such Service, or any successor to or substitute for such Service, providing rate quotations comparable to those currently provided on such page of such Service, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to dollar deposits in the London interbank market) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, as the rate for dollar deposits with a maturity comparable to such Interest Period. In the event that such rate is not available at such time for any reason, then the "LIBO Rate" with respect to such Eurodollar Borrowing for such Interest Period shall be the rate at which dollar deposits of $5,000,000 and for a maturity comparable to such Interest Period are offered by the principal London office of the Administrative Agent in immediately available funds in the London interbank market at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period.