Rate definition

Rate means the Adjusted LIBO Rate and the Alternate Base Rate.

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Rate means a recurring charge.

Rate means a municipal rate on property envisaged in section 229(1)(a) of the Constitution;

Examples of Rate in a sentence

• The amount of interest payable on any Fixed Rate Interest Payment Date during the Fixed Rate Period will be computed on the basis of a 360-day year consisting of twelve 30-day months up to, but excluding November 15, 2030, and, the amount of interest payable on any Floating Rate Interest Payment Date during the Floating Rate Period will be computed on the basis of a 360-day year and the number of days actually elapsed.

• If Bank of America resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c).

• If no such designation or other action is effected, or, if effected, fails to avoid the need for conversion of the SOFR Advances to Base Rate Advances, American may arrange for a Replacement Liquidity Facility in accordance with Section 3.05(e) of the Intercreditor Agreement.

• Subject to the proviso in the last sentence of Section 4.1(b), the amount of all or any portion of any Tax Benefit Payment or Early Termination Payment not made to the TRA Parties when due under the terms of this Agreement, whether as a result of Section 5.1 or otherwise, shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Tax Benefit Payment or Early Termination Payment was first due and payable to the date of actual payment.

• The Initial Term A Loans may consist of Base Rate Loans or Term SOFR Loans, or a combination thereof, as further provided herein.

More Definitions of Rate

Rate shall have the meaning assigned to such term in the definition of the term “Type.”

Rate means the rate per any section or item of the Works as stated in the Contract.

Rate means any rate, charge or other consideration, and includes a penalty for late payment;

Rate means the value of the base currency in the terms of the quote currency.

Rate means a municipal rate on property as envisaged in Section 229(1)(a) of the Constitution.

Rate means the cost of insurance per exposure unit whether expressed as a single number or as a prospective loss cost with an adjustment to account for the treatment of expenses, profit, and individual insurer variation in loss experience, prior to any application of individual risk variations based on loss or expense considerations, and does not include minimum premium.

Rate means the interest rate established weekly by the Bank of Canada based on Treasury Bills having a term of 91 days;