Pledge Rate definition
Pledge Rate refers to the percentage of the value of the Equity Interests pledged hereunder to the exclusive technical consulting and service fees under the Service Agreement.
Pledge Rate means the ratio between the value of the pledged shares hereunder and the amount of the consideration and rent under the Commercial Agreements.
Pledge Rate means a rate of interest applicable to Class A-1 Notes equal to ABR plus 2% per annum.
Examples of Pledge Rate in a sentence
The Notes shall bear interest for the periods and at the respective interest rates as follows: Interest Period Interest Rate --------------- ------------- One Month Note Rate 1, ABR or Pledge Rate Two Months Note Rate 2 Three Months Note Rate 3 Six Months Note Rate 6 Term Term Rate Note Rate 1 shall be an annual rate of interest equal to one-month LIBOR plus the Applicable Note Margin.