Protection Rate definition

Protection Rate means a 'worst case' Exchange Rate at which the Protection Amount may be settled under a Structured Option. Exposure to unfavourable currency movement is limited at the level of the Protection Rate.
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Examples of Protection Rate in a sentence

  • Subject to paragraph (b) of this Section, the Loans shall bear interest at a rate per annum equal to the Adjusted LIBO Rate plus the Applicable Rate plus the Additional Tax Payer Protection Rate.

  • Subject to Section 2.05(b) of the Loan Agreement, the Loan shall bear interest payable on the Principal Amount outstanding from time to time at a rate per annum equal to the sum of (i) the Adjusted LIBO Rate; plus (ii) the Applicable Rate; plus (iii) the Additional Tax Payer Protection Rate.

  • The amount of the reimbursement owed by Developer shall be calculated by taking the total number of developable acres within the Esplanade at Turkey Creek Project property (Developable Acreage), plus 40% of the Developable Acreage, and multiplying the sum by the CALFIRE Total Protection Rate (cost per acre) in effect for the coverage year.

  • RATES: Fire Protection Rate – System-Wide Private Fire Service (Annual Monthly Fee) i.

  • In respect of the Gas Fixed Rate or Electricity Fixed Rate, Hybrid Rate, Peak Protection Rate or Gas reliaBILL or reliaBILL- Step-Up Rate as applicable, Customer understands and agrees that Customer will also pay (or receive payment) for the Energy Balancing Amount (defined below).

  • D In 2008, Sparks implemented the River Flood Protection Rate for the purpose of, among other things, financing the design and construction of the North Truckee Drain Relocation Project.

  • The amount of the reimbursement owed by Developer shall be calculated by taking the total number of developable acres within the Epick Three Project property (Developable Acreage), plus 40% of the Developable Acreage, and multiplying the sum by the CALFIRE Total Protection Rate (cost per acre) in effect for the coverage year.

  • DLP shall pay the Dealer/Producer the amount of the cost remitted to DLP for the GAP Protection program as identified on the GAP Protection Rate Schedule less any prorate amount and cancellation fee if applies.

  • The amount of the reimbursement owed by Developer shall be calculated by taking the total number of developable acres within the La ▇▇▇▇▇ ▇▇▇▇ Project property (Developable Acreage), plus 40% of the Developable Acreage, and multiplying the sum by the CALFIRE Total Protection Rate (cost per acre) in effect for the coverage year.

  • The amount of the reimbursement owed by Developer shall be calculated by taking the total number of developable acres within the Turkey Creek Estates Project property (Developable Acreage), plus 40% of the Developable Acreage, and multiplying the sum by the CALFIRE Total Protection Rate (cost per acre) in effect for the coverage year and any prior years of protection coverage purchased by the City.