Pool Rate definition

Pool Rate. As of any Determination Date, the annualized percentage equivalent of a fraction, (a) the numerator of which is equal to all Interest Collections on Assets included in the Aggregate Outstanding Asset Balance as of the first day of the Collection Period related to such Determination Date that are deposited into the Collection Account during such Collection Period, and (b) the denominator of which is equal to the Aggregate Outstanding Asset Balance as of the first day of such Collection Period.
Pool Rate means the rate of interest to be charged as determined by COUNTY’s Auditor-Controller.
Pool Rate. – means the rate of interest to be charged as determined by COUNTY’s Auditor-Controller.

Examples of Pool Rate in a sentence

  • Interest charges may be assessed from the 30th Day following identification and written confirmation by the COUNTY of the incorrect payment, at a rate equal to COUNTY's current Pool Rate, as determined by COUNTY's Auditor-Controller, per day on the delinquent amount due.

  • Agent will provide notice of the rate charged and of any changes to the Pool Rate setting methodology.

  • Interest charges may be assessed from the 30th Day following identification and written confirmation by the COUNTY of the incorrect payment, at a rate equal to COUNTY's current Pool Rate, as determined by COUNTY's Auditor- Controller, per day on the delinquent amount due.

  • In the event the City fails to make a quarterly payment as set forth under Section 6 above, within 45 days of an undisputed billing, the MCSO may charge an interest rate that is equal to or lower than the Local Government Investment Pool Rate.

  • Room: Swimming Pool Rate: $82.27/hour NOTE: The hourly charges, to the extent incurred by the District, will be divided into 8 payments (September through April) with April’ s bill pro-rated and reconciled for actual yearly cost.

  • In addition, in the event that Concessionaire has not commenced making Valuation Participation payments to County, interest on the Valuation Participation shall accrue at the higher of (a) eight percent (8%) per annum or (b) the County Pool Rate, from the first day of the first month following notice to Concessionaire of the Valuation Participation as determined by County.

  • The total net expense for a month will be divided by the Money Pool's average net daily investment/borrowing position to derive the Money Pool Rate for the month.

  • The outstanding Loan balance shall bear interest at the average County Treasury Pool Rate in effect from the date of disbursement to LACAHSA until the date of repayment to the County.

  • Provide data such as Pool Rate Calculations, Pay Scales, Overhead, Labor Detail, etc.

  • If payment is not made within this 30 day period, JWC will provide Tigard with written notice of non- payment and may begin charging interest at the Local Government Investment Pool Rate in effect at that time.


More Definitions of Pool Rate

Pool Rate. As of any Determination Date immediately preceding a Payment Date, the annualized percentage equivalent of a fraction, (a) the numerator of which is equal to all Interest Collections that are deposited into the Collection Account during the Collection Period related to such Determination Date minus the sum of (i) the Servicing Fee, (ii) the Program Fee, (iii) the Trustee Fee and (iv) the Backup Servicing Fee, and (b) the denominator of which is equal to the Principal Collateral Value as of the first day of such calendar month related to such Determination Date.
Pool Rate. With respect to any Distribution Date, the weighted --------- average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the calendar month immediately preceding such Distribution Date.
Pool Rate. Either of the Pool 1 Rate or the Pool 2 Rate.
Pool Rate. With respect to any group of Mortgage Loans covered by a pool mortgage insurance policy, the rate per annum set forth in the Confirmation or Reconstitution with respect thereto.
Pool Rate. Any of the Pool 1 Rate, the Pool 2 Rate and the Pool 3 --------- Rate.