Profit Rate definition

Profit Rate means the profit rate payable from time to time in respect of the Certificates and that is either specified in the applicable Final Terms or calculated or determined in accordance with the provisions hereof;
Profit Rate means, in respect of the Initial Period, the Initial Periodic Distribution Rate, and, in respect of each Reset Period thereafter, the rate calculated in accordance with the provisions of Condition 7.4(a) (Periodic Distribution Rate);
Profit Rate means the rate or rates (expressed as a percentage per annum) of profit payable in respect of the Trust Certificates specified in the Final Terms or calculated or determined in accordance with the provisions of these Conditions and/or the Final Terms;

Examples of Profit Rate in a sentence

  • The Profit Rate as set out in Item 9 of Specific Terms and Conditions the LO is hereby varied (in bold) as follows:A Ceiling Profit Rate A Ceiling Profit RateThe Ceiling Profit Rate (“CPR”) of Twelve Per Centum (12%) per annum.

  • MDV shall grant lbra’ (Rebate) if there is no outstanding principal.(d)Subject to lbra’ (Rebate), the Customer shall pay the profit payment based in the Effective Profit Rate as per Clause 9 above.

  • Effective Profit Rate (“EPR”) that comprises I of Two Point Six Five Per Centum (2.65%) above MDV’s Effective Cost of Funds (“ECOF”), per annum calculated on daily rest on the amount released by MDV for the entire tenure of the Facility.DNF Group Sdn Bhd (Registration No. 200801028476 (829803-X)) Page 1 of 17Supplemental Letter of Offer 3 * Effective from 1 January 2023, MDV’s current ECOF is Six Point Eight Five Per Centum (6.85%) per annum and is subject to change at MDV’s sole discretion.

  • Subject to Condition 8 (Periodic Distribution Restrictions), the Certificates bear profit at the applicable Profit Rate from (and including) the Issue Date in accordance with the provisions of this Condition 7 (Periodic Distributions).

  • The Ceiling Profit Rate (“CPR”) of Twelve Per Centum (12%) per annum.


More Definitions of Profit Rate

Profit Rate means, in relation to a particular Series, the profit rate specified in the applicable Final Terms (or, in the case of Non-PD Certificates, the applicable Pricing Supplement);
Profit Rate means the profit rate payable from time to time in respect of the Sukuk and that is either specified hereon or calculated in accordance with the provisions hereof;
Profit Rate means the profit rate payable from time to time in respect of the Certificates and that is either specified in the relevant Pricing Supplement or calculated in accordance with these Conditions;
Profit Rate. As set out in the Letter Of Offer; and
Profit Rate means 4.564 per cent. per annum;
Profit Rate. The rate of profit that is applicable to the Facility or such other rate of profit that the Bank may prescribe at any time.