Monthly Rate definition

Monthly Rate means with respect to each Calculation Period during a Monthly Rate Period, a rate of interest equal to the rate of interest per annum established and certified to the Trustee (with a copy to the Authority, the Registrar and Paying Agent, and the Company) by the Remarketing Agent no later than 12:00 noon (New York City time) on and as of the Determination Date as the minimum rate of interest per annum which, in the opinion of the Remarketing Agent, would be necessary on and as of such day to remarket Bonds in a secondary market transaction at a price equal to the principal amount thereof; provided that such rate of interest shall not exceed the lesser of 110% of the Monthly Rate Index on and as of such date and the Maximum Allowed Rate.

Monthly Rate means the rate of interest to be borne by any of the 202_ Series - Bonds as described in Section C202 hereof.

Monthly Rate. Annual Salary" as described in this Article divided by twelve (12).

Examples of Monthly Rate in a sentence

• Three Year Monthly RateFive Year Monthly RateSix to Fifteen Year Monthly Rate California-WC 160.00 140.00 115.00 (D)Illinois160.00140.00115.00 Indiana160.00140.00115.08 Michigan160.00140.00115.00 N Carolina160.00140.00115.00 Ohio S Carolina160.00 160.00 11.

• Monthly Rate A listings change is subject to the applicable Service Charges found in subsection 5.

• A total credit amount applies to the Lifeline customers monthly bill as follows:Broadband Voice Monthly Rate * Monthly Rate * Total Federal lifeline Support Credit Amount $9.25 $6.50 (11/03/2021) * Broadband: Service that includes qualifying broadband service.Voice Only: Voice service with no qualifying broadband service as defined by 47 C.F.R. Sec 54.403(a)(2).

• Three Year Monthly RateFive Year Monthly RateSix to Fifteen Year Monthly Rate California-WC Illinois 47.88 28.15 11.

• Fixed Monthly Rate Annual Rate Not ExceedRemarks: No additional encumbrance a t this time.

More Definitions of Monthly Rate

Monthly Rate means the per annum interest rate to be determined for the Bonds on a monthly basis during a Monthly Rate Period pursuant to Section 3.02(c).

Monthly Rate means a charge for services based on a thirty (30) day period, the billing of which is established by dividing the applicable monthly rate or charge by thirty (30) to derive a daily rate and multiplying the daily rate by the actual number of days in the billing period;

Monthly Rate means the interest rate that may be determined for Adjustable Rate Bonds on a monthly basis pursuant to the applicable provisions of the Sixteenth Supplemental Indenture.

Monthly Rate means the monthly rate for calculating remuneration for the Services as set out in Contract Schedule 3 chargeable by the Contractor to the Government for the provision of the Services before deductions;

Monthly Rate means with respect to each Calculation Period during a Monthly Rate Period, a rate of interest equal to the rate of interest per annum established and certified to the Trustee (with a copy to the Authority, the Registrar and Paying Agent, and the Company) by a Remarketing Agent no later than 12:00 noon (New York City time) on and as of the Determination Date as the minimum rate of interest per annum which, in the opinion of such Remarketing Agent, would be necessary on and as of such day to remarket the applicable Bonds in a secondary market transaction at a price equal to the principal amount thereof; provided that such rate of interest shall not exceed the lesser of 110% of the Monthly Rate Index on and as of such date and the Maximum Allowed Rate.

Monthly Rate has the meaning set forth in Section 1.9(d).

Monthly Rate is the monthly rate specified under the heading "Payment Information" on the cover page of the Membership Agreement (as revised from time to time by us pursuant to clause 2.1).