Purchase Rate definition

Purchase Rate means, the rate offered by the tenderer per Standard Bag which has been accepted by the Corporation.

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Purchase Rate means the percentage equivalent of the decimal representation of the following expression:

Purchase Rate means the number of shares of Common Stock issuable upon purchase of a Purchase Amount as determined in accordance with the following formula: Purchase Amount divided by the Purchase Price.

Examples of Purchase Rate in a sentence

• Current purchase rates cannot be less than the rates in the Guaranteed Purchase Rate Table shown on the Contract Schedule.

• This factor neutralizes the assumed investment return of 4% in the Variable Annuity Purchase Rate Table.

• Purchase Rate We calculate your variable purchase rate by adding between 4.65% and 5.65% (“margin”) to the Prime rate published in the “Money Rates” section of The Wall Street Journal (“Index”) on the first day of January, April, July and October.

• In the case of a dispute as to the determination of the Purchase Price or the arithmetic calculation of the Purchase Rate, the Company shall instruct the Transfer Agent to issue to the Buyer the number of shares of Common Stock that is not disputed and shall submit the disputed determinations or arithmetic calculations to the Buyer via facsimile within one (1) Trading Day of receipt of the Buyer's Purchase Notice.

• Interest at a Direct Purchase Rate shall be computed on the basis of a 360-day year for the actual number of days elapsed.

More Definitions of Purchase Rate

Purchase Rate means a rate per annum equal to the Eurodollar Rate, plus the Applicable Rate. The Purchase Rate for a Yield Period shall be established on the applicable day contemplated by the definition of Eurodollar Rate.

Purchase Rate means, for any Eligible Transaction Asset, the ratio, expressed as a percentage, set forth opposite the applicable “Transaction Asset Type” in the chart provided in the definition of Eurodollar Rate Spread or as otherwise defined or limited herein.

Purchase Rate. With respect to any Collateral Obligation, a rate (expressed as a percentage of the outstanding principal balance thereof) equal to the fair market value thereof, which will be as reasonably determined by the Collateral Manager, consistent with the Collateral Management Agreement without any third party valuation, on the applicable Cut-Off Date and set forth in the column “U.S. Retention Holder Purchase Rate” or “Issuer Purchase Rate”, as applicable, on Schedule 1 hereto (in the case of the Initial Conveyed Collateral) or on Schedule I to the related Subsequent Transfer Agreement (in the case of Additional Conveyed Collateral).

Purchase Rate means the Purchase Rate as set forth in Annex 1 hereto.

Purchase Rate means 0.7250.

Purchase Rate. With respect to any Collateral Obligation, a rate (expressed as a percentage of the outstanding principal balance thereof) equal to the fair market value thereof, which will be as reasonably determined by the Collateral Manager, consistent with the Collateral Manager Standard and the Collateral Management Agreement without any third party valuation, on the Applicable Determination Date (provided that the Collateral Manager may assume in good faith and in accordance with the Collateral Manager Standard that a Purchase Rate determined as set forth above for use in calculating the Retention Holder Purchase Price for a given Retention Holder Seasoned Collateral Obligation is still correct with respect to calculating the Issuer Purchase Price for such Retention Holder Seasoned Collateral Obligation if there has been no material change since such initial determination with regard to the credit of the related Obligor or, in the case of any Market Risk Collateral Obligation, with regard to the market price (determined by the Collateral Manager consistent with the Collateral Manager Standard without any third party valuation) with respect to such Collateral Obligation) and set forth in the column “Retention Holder Purchase Rate” or “Issuer Purchase Rate”, as applicable, on Schedule 1 hereto (in the case of the Initial Conveyed Collateral) or on Schedule I to the related Subsequent Transfer Agreement (in the case of Subsequent Conveyed Collateral).

Purchase Rate. With respect to any Collateral Obligation, a rate (expressed as a percentage of the outstanding principal balance thereof) equal to the fair market value thereof, which will be as reasonably determined by the Collateral Manager, consistent with the Collateral Manager Standard and the Collateral Management Agreement without any third party valuation, on the applicable Cut-Off Date and set forth in the column “U.S. Retention Holder Purchase Rate” or “Issuer Purchase Rate”, as applicable, on Schedule 1 hereto (in the case of the Initial Conveyed Collateral) or on Schedule I to the related Subsequent Transfer Agreement (in the case of Additional Conveyed Collateral).