Examples of Money Market Yield in a sentence
The "Money Market Yield" shall be a yield calculated in accordance with the following formula: D x 360 Money Market Yield = ------------- x 100 360 - (D x M) where "D" refers to the applicable per year rate for commercial paper quoted on a bank discount basis and expressed as a decimal and "M" refers to the actual number of days in the interest period for which interest is being calculated.
Estimated Investment Shortfall On any date of determination, the positive difference, if any, between (i) the Certificate Rate for the Class for whose benefit the amounts on deposit in the Series Principal Funding Account are held as of such date of determination and (ii) the weighted average yield (expressed as a Money Market Yield) on the investments in the Series Principal Funding Account as of such date of determination.
The ‘‘Short Term Rate'' generally will be equal to either 8S% or 78% of the Money Market Yield, as defined in the certificate of incorporation, of the 90-day rate for commercial paper multiplied by the stock's $100,000 per share liquidation value.
The ""Short Term Rate'' generally will be equal to either 85% or 78% of the Money Market Yield, as deÑned in the certiÑcate of incorporation, of the 90-day rate for commercial paper multiplied by the stock's $100,000 per share liquidation value.
The "Money Market Yield" shall be a yield calculated in accordance with the following formula: D x 360 Money Market Yield = -------------- x 100 360 - (D x M) where "D" refers to the applicable per year rate for commercial paper quoted on a bank discount basis and expressed as a decimal and "M" refers to the actual number of days in the interest period for which interest is being calculated.