Month 2 definition

Month 2. The greater of 1$/subscriber and $1,000 2.6.3. Month 3: The greater of 1$/subscriber and $2,000 2.6.4. Month 4: The greater of 1$/subscriber and $3,500 2.6.5. Month 5 and onwards: The greater of 1$/subscriber and $5,000* * During this period, as described in 2.2 above, the maximum paid by Intelco will be $12,000. As described in 2.5, above and beyond the twelve thousandth customer, Intelco will pay only $0.15 per subscriber per month for the software license fee.
Month 2. “Month 3” and “Month 4” means, respectively, one, two, three and four months after the Closing Date (therefore, if the Closing Date is the 15th day of a month, Month 1 would be the end 15th day of the next month.
Month 2 and "Month 3" for each month of the term of this Agreement for such BTI Employee. The parties agree that HNC shall have the right to the exclusive and uninterrupted use of the time and services of the BTI Employees during such periods. BTI acknowledges that, with respect to each BTI Employee, BTI is the employer of such BTI Employee and that during the term of this Agreement, BTI shall not terminate or take any action that could be deemed to constructively terminate any BTI Employee without the express prior written consent of HNC. None of the agreements contained in the preceding sentence are intended for the benefit of any BTI Employee.

Examples of Month 2 in a sentence

  • Distribution Less Than 1 Month 1 Month 2 Month 3+ Month Bankruptcy Foreclosure REO Date End.

  • Month 2: An agency may invoice for up to 30% of the total billable hours in Allowable Expenses.

  • Policy Month 1 1/12 of the units available at the beginning of Policy Month 1 Policy Month 2 1/11 of the units available at the beginning of Policy Month 2 ..........................

  • Enter your tax liability for each month and total liability for the quarter, then go to Part 3.Tax liability: Month 1 .Month 2 .Month 3 .Total liability for quarter .

  • Monthly total returns of the Fund for each of the preceding three months – Month 2.

  • EventPayment Cycle 1(Day/ Month)Payment Cycle 2(Day/ Month)Invoices due from Surfnetto CD5th of Month 120th of Month 1Payment letters from CD toAdministrative Services 11On 19th of Month 1On 4th of Month 2Invoices submitted from Administrative Services to State Controller’s Office(SCO) for payments20th through 26th of Month 15th through 13th of Month 2 Surfnet may submit its invoices under Payment Cycle 1 or 2.

  • Table 1: Council Fund 2016/17 Outturn Forecast Summary Statement at Period 1 ( Month 2 ) Annual Forecast @Month 2 .

  • AGREED UPTIME PER CUSTOMER ALLOCATION Month 1 Month 2 Month 380% 80% 80% B.

  • If the repo rate is changed by the RBI in month 1, the interest will be reset in Month 2 against the revised RLLR at the beginning of Month 2 (by the 7th calendar day of Month 2).

  • Benchmark computation will comprise of two parts – shorter tenors comprising of 1 Month, 2 Month, 3 Month and longer tenors comprising of 6 Month, 9 Month, 1 Year, 2 Year, 3 Year, 4 Year and 5 Year Tenors.


More Definitions of Month 2

Month 2. A Request for Agreement (RFA) of sub grants will be submitted to USAID for approval, as well as Environmental Mitigation Plans. After NGOs are selected, a pre-award will be conducted, a sub-grant training will be held, agreements will be signed and the advance of the first funds will be allocated. Months 1-2: Specific topics courses Month 2: Initiate sub grants mechanism Months 2-8. NGOs implement sub grants Month 8: Grant closeout Month 9: Asset disposition approval. Submit for approval June 2017 Months 2-12: Monthly electronic bulletin Month 12: Annual Forum. Close-out Month 12: Human Resources, separation letter. Staff demobilization beginning in September 2017 Central America activities of SI. October 1, 2016-December 29, 2017 Months 1: Review and approval of protocols for the 6 operational research studies. Invitation to consulting firms to send technical and financial proposals. Month 2: Start of selection and training of consulting firms. Months 4-8: Data collection, information analysis and fist draft. Month 9: Results return to national counterparts. Drafting report for publication. Month 12: Dissemination of research studies Month 12: Program closing ceremony Month 13 -14: Finalize the process of systematization, evaluation and transfer to local partners Month 15: Human Resources, separation letter. Staff demobilization beginning in December 2017. Close bank account Binational activities of SI. Honduras - Nicaragua Months 1: Review and approval of protocols. Month 1: Start of selection and training of consulting firms. Months 2-6: Data collection, information analysis and fist draft. Month 6: Results return to national counterparts. Drafting report for publication. Month 7: Dissemination of research studies Table 12: PrevenSida closeout Plan PrevenSida Closeout Plan I. PREPARATION FOR PROJECT CLOSEOUT Oct-16 Mar-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
Month 2 the outstanding Discounted Principal Balance of all Contracts more than one hundred twenty (120) days in default, calculated as of the last day of the month 2 ________________ minus the total of any recoveries and payments received on account of such defaulted Contract in such month 2 ________________ divided the outstanding Discounted Contract Principal Balance of all Contracts serving as Collateral for the Loan ________________ ANNUALIZED DEFAULT RATE FOR MONTH 2 ________________
Month 2 the outstanding Discounted Principal Balance of Delinquent Contracts, calculated as of the last day of the month 2 ______________ divided by the outstanding Discounted Contract Principal Balance of all Contracts ______________ RATIO FOR MONTH 2 ______________

Related to Month 2

  • Month means a calendar month.

  • Monthly shall be construed accordingly;

  • MONTH ENDED [input report month] Losses Loss Loan No. Loss Type Amount Loss Amount is the amount of Loss incurred and reported on the loan in a Loss Month is the reporting month in which the Loss was reported. TOTAL XX A Recoveries Recovery Loss Loss Loan No. Amount Amount Month TOTAL XX B Net Losses (Recoveries) XX C = A - B If Col. D minus Col. E is less than zero, enter zero. PART 2 - FIRST LOSS TEST Col. D Col. E Col. D - Col. E Cumulative Loss Amount First Loss Tranche Cumulative Shared-Loss Amount Balance, beginning of month XX XX XX F Current month Net Losses (from Part 1) XX Balance, end of month XX XX XX G Shared Loss Amount XX G - F Times Loss Share percentage 80% Amount due from (to) FDIC as Receiver XX Pursuant to Section 2.1 of the Single Family Shared-Loss Agreement, the undersigned hereby certifies the information on this Certificate is true, complete and correct.

  • Six-Month LIBOR The average of interbank offered rates for six-month U.S. dollar deposits in the London market based on quotations of major banks.

  • Three-Month LIBOR means the rate (expressed as a percentage per annum) for deposits in United States dollars for a three-month period commencing on the first day of a Dividend Period that appears on the Reuters Screen LIBOR01 Page as of 11:00 a.m. (London time) on the LIBOR Determination Date for that Dividend Period. If such rate does not appear on Reuters Screen LIBOR01 Page, Three-month LIBOR will be determined on the basis of the rates at which deposits in United States dollars for a three-month period commencing on the first day of that Dividend Period and in a principal amount of not less than $1 million are offered to prime banks in the London interbank market by four major banks in the London interbank market selected by the Calculation Agent (after consultation with the Company), at approximately 11:00 a.m., London time, on the LIBOR Determination Date for that Dividend Period. The Calculation Agent will request the principal London office of each of such banks to provide a quotation of its rate. If at least two such quotations are provided, Three-month LIBOR with respect to that Dividend Period will be the arithmetic mean (rounded upward if necessary to the nearest whole multiple of 0.00001%) of such quotations. If fewer than two quotations are provided, Three-month LIBOR with respect to that Dividend Period will be the arithmetic mean (rounded upward if necessary to the nearest whole multiple of 0.00001%) of the rates quoted by three major banks in New York City selected by the Calculation Agent (after consultation with the Company), at approximately 11:00 a.m., New York City time, on the LIBOR Determination Date for that Dividend Period for loans in United States dollars to leading European banks for a three-month period commencing on the first day of that Dividend Period and in a principal amount of not less than $1 million. However, if fewer than three banks selected by the Calculation Agent to provide quotations are quoting as described above, Three-month LIBOR for that Dividend Period will be the same Three-month LIBOR as determined for the previous Dividend Period or, in the case of the Dividend Period beginning on April 30, 2018, 2.920%. The determination of Three-month LIBOR for each relevant Dividend Period by the Calculation Agent will (in the absence of manifest error) be final and binding.

  • 12-Month Period means a rolling 12-month period measured backward from the date leave is taken and continuous with each additional leave day taken.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • A month means a month according to Gregorian calendar.

  • One-Month LIBOR With respect to the Class A Certificates, the Mezzanine Certificates, REMIC II Regular Interest II-LTA1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTA3, REMIC II Regular Interest II-LTA4, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3, REMIC II Regular Interest II-LTM4, REMIC II Regular Interest II-LTM5, REMIC II Regular Interest II-LTM6, REMIC II Regular Interest II-LTM7, REMIC II Regular Interest II-LTM8, REMIC II Regular Interest II-LTM9, REMIC II Regular Interest II-LTM10 and REMIC II Regular Interest II-LTM11 and any Accrual Period therefor, the rate determined by the Trust Administrator on the related Interest Determination Date on the basis of the offered rate for one-month U.S. dollar deposits, as such rate appears on Telerate Page 3750 as of 11:00 a.m. (London time) on such Interest Determination Date; provided that if such rate does not appear on Telerate Page 3750, the rate for such date will be determined on the basis of the offered rates of the Reference Banks for one-month U.S. dollar deposits, as of 11:00 a.m. (London time) on such Interest Determination Date. In such event, the Trust Administrator will request the principal London office of each of the Reference Banks to provide a quotation of its rate. If on such Interest Determination Date, two or more Reference Banks provide such offered quotations, One-Month LIBOR for the related Accrual Period shall be the arithmetic mean of such offered quotations (rounded upwards if necessary to the nearest whole multiple of 1/16%). If on such Interest Determination Date, fewer than two Reference Banks provide such offered quotations, One-Month LIBOR for the related Accrual Period shall be the higher of (i) One-Month LIBOR as determined on the previous Interest Determination Date and (ii) the Reserve Interest Rate. Notwithstanding the foregoing, if, under the priorities described above, One-Month LIBOR for an Interest Determination Date would be based on One-Month LIBOR for the previous Interest Determination Date for the third consecutive Interest Determination Date, the Trust Administrator shall select, after consultation with the NIMS Insurer, an alternative comparable index (over which the Trust Administrator has no control), used for determining one-month Eurodollar lending rates that is calculated and published (or otherwise made available) by an independent party.

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

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

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.

  • Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Daily One Month LIBOR means, for any day, the rate of interest equal to LIBOR then in effect for delivery for a one (1) month period.

  • Month End Interest As defined in each Servicing Agreement.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Adjustment Date As to each Adjustable Rate Mortgage Loan, each date on which the related Mortgage Rate is subject to adjustment, as provided in the related Mortgage Note.

  • Calendar Month means calendar month according to the Gregorian calendar.

  • 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.

  • 3-Month LIBOR means the London interbank offered interest rate for three-month, U.S. dollar deposits determined by the Trustee in the following order of priority:

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Arrears for this purpose means, in respect of a Loan, on any date that two or more Monthly Payments have become due and remain unpaid by the relevant Borrower, and this reporting line relates to repurchases under clause 8.11 of the Mortgage Sale Agreement.

  • Contract Month means a calendar month (or portion thereof) during the term of this Agreement. Contract Month 1 shall commence on the first day of the first calendar month following the Effective Date and end on the last day of that calendar month.

  • Twelve-Month Period means a twelve-month period ending on the first anniversary of the Effective Date or on each subsequent anniversary thereof.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.