Lower Range definition

Lower Range means the Lower Range as specified in the applicable Final Terms, subject to any adjustment to the Lower Range for subsequent Interest Periods, as specified in the applicable Final Terms.
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Lower Range. Papers in the lower range fail in some way to demonstrate proficiency in language use, clarity of organization, or engagement of the issue identified in the prompt.
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Examples of Lower Range in a sentence

  • The lower the number of Observation Dates on which the Upper Range Limit and the Lower Range Limit have not been reached (if so specified in the applicable Terms and Conditions) or breached, the lower the cash amount to be paid upon exercise will be.

  • For further detail on the establishment of Bid-Offer Upper Range and Bid-Offer Lower Range in relation to FPN see BSC Section T3.4A.

  • If the member scores a level 3 in listening or reading on the Upper Range test, the date of certification will remain the date the Lower Range test was completed, and the member must take the Lower Range DLPT for their next certification.

  • The initial Upper Range test may be taken immediately after the score for the Lower Range test has been posted to the DLPT Authorization and Reporting system but must be completed within 60 days of the date of the Lower Range test to be valid for certification purposes.

  • Administer the Upper-Range (UR) DLPT5 tests only to personnel who have achieved a Federal Government Interagency Language Roundtable (ILR) level of 3 for the relevant modality on the Lower Range (LR) DLPT5 in that language, when a LR DLPT5 exists in the language.

  • Configure Direction (flow), Lower Range value, Upper range value and Alarm Action and view the HART Parameters Tag, Date, Descriptor, Message, Final Assembly Number Poll Address, Number of Response Preambles.

  • Lower Range Y-rating: If a position is reclassified to a class that is allocated to a lower salary range, the position shall be Y-rated.

  • This involves calculating the Bid-Offer Upper Range for Bids and Offers that cover volumes of output above FPN, and calculating the Bid-Offer Lower Range for Bids and Offers that cover output below FPN.

  • Configure Direction (flow), Lower Range value, Upper range value and Alarm Action.

  • This cannot be less than the Lower Range Limit (LRL) which represents the factory set lowest value for the range of values the sensor can read.

Related to Lower Range

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Highest Rating Category means, with respect to a Permitted Investment, that the Permitted Investment is rated by S&P or Moody’s in the highest rating category given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax exempt municipal debt established by S&P is “A 1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG 1” (for fixed rate) or “VMIG 1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (i) both S&P and Moody’s rate a Permitted Investment and (ii) one of those ratings is below the Highest Rating Category, then such Permitted Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, a Permitted Investment rated “AAA” by S&P and “Aa3” by Moody’s is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that Rating Agency, then the Permitted Investment will be deemed to be rated below the Highest Rating Category. For example, a Permitted Investment rated “AAA” by S&P and “A1” by Moody’s is not rated in the Highest Rating Category.

  • Reference Rate means the rate specified as such hereon.