Rate 2 definition

Rate 2 means, if applicable and subject to Product Condition 4, the rate specified as such in the definition of the relevant Series in the applicable Final Terms;
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Rate 2. The resident cost per credit hour at a comparable professional school in the student’s home state, except that cost per credit hour for reciprocity students enrolled in professional programs will not exceed 150% of resident cost per credit hour at the institution attended.
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Rate 2. The weighted undergraduate or graduate average of resident tuition and fee rates of nine Minnesota universities (UM Twin Cities and UM Xxxxxx are excluded.) When determining which rate is paid, we include the General Activity Fee (GAF) and the laptop fee at DSU and SDSM&T. The Minnesota weighted undergraduate and graduate (Continued) ****************************************************************************** DRAFT MOTION 20220804_6-H: I move to approve the Minnesota reciprocity rates for FY23 and authorize the Executive Director to execute the Memorandum of Understanding. averages include tuition, Student Services Fee, and GAF. Minnesota Higher Education Service Office (MNHESO) has calculated the average rate to be $359.67 per credit hour for undergraduates for the 22-23 school year. The rate a Minnesota undergraduate will pay will depend on the institution attended. The Minnesota weighted undergraduate rate is higher than the in-state rate at all schools. Minnesota Undergraduate Student Attending a South Dakota University South Dakota Resident Tuition and Fee Rate Black Hills State University $ 253.85 $ 38.25 $ 292.10 $ 359.67 Dakota State University $ 253.85 $ 67.23 $ 321.08 $ 359.67 Northern State University $ 253.85 $ 40.95 $ 294.80 $ 359.67 SD School of Mines & Tech $ 260.55 $ 78.35 $ 338.90 $ 359.67 South Dakota State University $ 259.10 $ 50.85 $ 309.95 $ 359.67 University of South Dakota $ 259.10 $ 55.30 $ 314.40 $ 359.67 The Minnesota combined rate for graduate tuition and fees of $589.46 is higher than the tuition and fees at any of the South Dakota schools, therefore, a Minnesota graduate student will pay $589.46 per credit hour at all South Dakota public universities. Minnesota Graduate Student Attending a South Dakota University South Dakota Resident Tuition and Fee Rate Black Hills State University $ 333.25 $ 38.25 $ 371.50 $ 589.46 Dakota State University $ 333.25 $ 40.65 $ 373.90 $ 589.46 Northern State University $ 333.25 $ 40.95 $ 374.20 $ 589.46 SD School of Mines & Tech $ 338.90 $ 49.60 $ 388.50 $ 589.46 South Dakota State University $ 340.15 $ 50.85 $ 391.00 $ 589.46 University of South Dakota $ 340.15 $ 55.30 $ 395.45 $ 589.46 Table 1 compares what a Minnesota undergraduate student would pay under the South Dakota/Minnesota Reciprocity Agreement to what a non-resident undergraduate student from a surrounding state would pay per credit hour. On average, in Fall 2022, a Minnesota undergraduate student attending a South Dakota univers...
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Examples of Rate 2 in a sentence

  • As per OET Certificate Conditions.Not applicable (i.e. Interbank Rate 2 means Zero (0)).

  • Borrower Qualification Numeric – Integer 3 99 Always See Coding 1 = Start Rate 2 = First Year Cap Rate 3 = I/O Amount 4 = Fully Indexed 5 = Min Payment 98 = Other 99 = Unknown 119 City The name of the city.

  • Mortgage Lien Info Numeric – Integer 2 99 If Lien Position > 1 See Coding 1 = Fixed Rate 2 = ARM 3 = Hybrid 4 = Neg Am 99 = Unknown 21 Hybrid Period of Most Senior Lien (in months) For non-first mortgages where the associated first mortgage is a hybrid ARM, the number of months remaining in the initial fixed interest rate period for the hybrid first mortgage.

  • Interbank Rate 1: Not applicable.Interbank Rate 2: Not applicable.Dividend Percentage: Not applicable.

  • Not applicable.Not applicable (i.e. Interbank Rate 2 means Zero (0)).

  • Calculate Average Hourly Rate for 1st year of the contract (Direct Labor Subtotal divided by total hours) Direct Labor Total Hours per Avg 5YearSubtotal per Cost Cost Proposal Hourly ContractProposal Rate Duration$250,000.00 500= $50.00 Year 1 Avg Hourly Rate 2.

  • Interest Rate: 2% per annum until the eighth anniversary of the date hereof, and thereafter at a rate of 9% per annum.

  • Where Floating Rate Spread is specified in the applicable Final Terms as the manner in which the Interest Rate is to be determined, the Interest Rate for each Interest Accrual Period or Interest Period will be calculated in accordance with the following formula: Floating Rate Spread Rate 1 minus Floating Rate Spread Rate 2.

  • Interbank Rate 1: applicable (see the "Specific Provisions for each Series" above).Interbank Rate 2: Not applicable.Dividend Percentage: see the "Specific Provisions for each Series" above.

  • Floating Rate Spread Rate 1 and Floating Rate Spread Rate 2 will each be determined in accordance with the provisions of this Condition 4(c) and, in each case, Screen Rate Determination, ISDA Determination or CMS Rate will apply if specified in the applicable Final Terms, provided that, for such purposes, each reference to “Interest Rate” within Conditions 4(c)(i), 4(c)(ii) and 4(c)(iii) will be deemed to be a reference to “Floating Rate Spread Rate 1” or “Floating Rate Spread Rate 2”, as the case may be.


More Definitions of Rate 2

Rate 2 means, in respect of an Interest Period, a SF Reference Rate specified as such in the applicable Issue Terms, plus or minus any Rate 2 Margin, and multiplied by any Rate 2 Interest Participation Rate.
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Rate 2 means $240 divided by the number of days in the month that includes the day for which the daily rental fee is to be calculated.
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Rate 2. The weighted undergraduate or graduate average of tuition and fee rates of the South Dakota public universities. The rate a South Dakota undergraduate student will pay depends upon which Minnesota university the student attends. Since the South Dakota weighted undergraduate rate of $310.70 is higher than the rates at Metro State University, Minnesota State Xxxxxxxx, and Xxxxxx State University, the weighted South Dakota rate will be used at these universities. At the others, South Dakota students attending would pay the Minnesota rate. Table 3 illustrates what a South Dakota undergraduate student attending a Minnesota State University would pay under the South Dakota/Minnesota Reciprocity Agreement. Table 3: Undergraduate South Dakota Student Attending a Minnesota State University Minnesota Resident Tuition & Fee Rate Fall 2023 Cost Per Credit Hour MN Resident Tuition SD Student Will Pay Bemidji State University $313.55 $324.90 Minnesota State University-Mankato $326.70 $364.45 Metro State University $285.70 $310.70 Minnesota State University-Xxxxxxxx $294.59 $310.70 Southwest State University $305.00 $321.55 St. Cloud State University $341.22 $360.90 Winona State University $277.40 $310.70 The South Dakota weighted average rate for graduate tuition and fees of $390.10 is lower than the individual school’s graduate rates so South Dakota students will pay the Minnesota institutional rates. Table 4 illustrates what a South Dakota graduate student attending a Minnesota institution would pay under the South Dakota/Minnesota Reciprocity Agreement.
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Rate 2. : “USD CMS 2Y” means USD 2 YR Swap Rate (quoted on an semi-annually, 30/360 day basis) versus 3 month USD Libor (quoted on a quarterly, Act/360 basis) as quoted on Reuters Page ISDAFIX1, at 11:00AM New Yorkt Time, fixed 2 days on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in New York prior to the end of the annual Interest Period (Screen Rate Determination applies accordingly).
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Rate 2. The weighted undergraduate or graduate average of tuition and fee rates of the South Dakota public universities. The rate a South Dakota undergraduate student will pay depends upon which Minnesota university the student attends. Since the South Dakota weighted undergraduate rate of $310.41 is higher than the in-state rate at Metropolitan State University, Minnesota State University-Xxxxxxxx, Southwest State University, and Winona State University, the South Dakota student would pay the average South Dakota rate while attending those institutions. South Dakota students attending the other state universities would pay the Minnesota rate. Table 3 illustrates what a South Dakota undergraduate student attending a Minnesota State University would pay under the South Dakota/Minnesota Reciprocity Agreement. Table 3: Undergraduate South Dakota Student Attending a Minnesota State University Minnesota Resident Tuition & Fee Rate Fall 2021 Cost Per Credit Hour Tuition Fees Total SD Student Will Pay Bemidji State University $ 302.95 $ 21.69 $ 324.64 $ 324.64 Minnesota State University-Mankato $ 315.65 $ 48.48 $ 364.13 $ 364.13 Metro State University $ 276.04 $ 34.37 $ 310.41 $ 310.41 Minnesota State University-Xxxxxxxx $ 284.63 $ 25.79 $ 310.42 $ 310.42 Southwest State University $ 266.75 $ 43.66 $ 310.41 $ 310.41 St. Cloud State University $ 308.24 $ 55.93 $ 364.17 $ 364.17 Winona State University $ 267.90 $ 42.51 $ 310.41 $ 310.41 The South Dakota weighted average rate for graduate tuition and fees of $390.32 is lower than the individual school’s graduate rates so South Dakota students will pay the Minnesota institutional rates. Table 4 illustrates what a South Dakota graduate student attending a Minnesota institution would pay under the South Dakota/Minnesota Reciprocity Agreement.
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Rate 2 means, if applicable, the rate specified as such in the definition of the relevant Series in the applicable Final Terms;
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Related to Rate 2

  • Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.

  • Rate Ceiling The maximum per annum Mortgage Interest Rate permitted under the related Mortgage Note.

  • Rate Book means the complete set of Company filings submitted in accordance with the “Filing Procedures for Electric, Wastewater, Steam and Gas Utilities”.

  • Prime Rate Spread means the difference (expressed as the number of basis points) between (a) LIBOR plus the Spread on the date LIBOR was last applicable to the Loan and (b) the Prime Rate on the date that LIBOR was last applicable to the Loan; provided, however, in no event shall such difference be a negative number.

  • Rate Floor The minimum per annum Mortgage Interest Rate permitted under the related Mortgage Note. Rating Agency: Initially, each of S&P and Xxxxx’x and thereafter, each nationally recognized statistical rating organization that has rated the Certificates at the request of the Company, or their respective successors in interest. Ratings: As of any date of determination, the ratings, if any, of the Certificates as assigned by the applicable Rating Agencies.

  • Rate Period has the meaning set forth in the Statement.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Interest Day Count Convention means 30 days divided by 360 other than with respect to the initial Payment Date which is 29 days divided by 360.

  • Interest Margin Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Interest Reset Period The period beginning on the applicable Reset Date and ending on the calendar day preceding the next Reset Date.

  • Reference Bond Rate means, with respect to any date of redemption, the rate per annum equal to the annual or semi-annual yield (as the case may be) to maturity or interpolated yield to maturity (on the relevant day count basis) of the Reference Bond, assuming a price for the Reference Bond (expressed as a percentage of its nominal amount) equal to the Reference Bond Price for such date of redemption;

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Overdraft Rate means the per annum rate of interest, regardless of compounding frequency, designated by the Financial Institution as its “Overdraft Rate” from time to time.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • U.S. Treasury Note Rate on any date means (i) the yield as calculated by reference to the bid price quotation of the actively traded, current coupon Treasury Note with a maturity most nearly comparable to the length of the related Dividend Period, as such bid price quotation is published on the Business Day immediately preceding such date by the Federal Reserve Bank of New York in its Composite 3:30 P.M. Quotations for U.S. Government Securities report for such Business Day, or (ii) if such yield as so calculated is not available, the Alternate Treasury Note Rate on such date. "Alternate Treasury Note Rate" on any date means the yield as calculated by reference to the arithmetic average of the bid price quotations of the actively traded, current coupon Treasury Note with a maturity most nearly comparable to the length of the related Dividend Period, as determined by the bid price quotations as of any time on the Business Day immediately preceding such date, obtained from at least three recognized primary U.S. Government securities dealers selected by the Auction Agent.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Prime Rate Margin is set forth on Schedule I hereto.

  • RATE CONTRACT means the agreement for supply of goods/ materials between Owner and Vendor, for a fixed period of time (i.e till validity of Rate Contract, with no commitment of contractual quantity) on mutually agreed terms and conditions. The actual supply of goods/ materials shall take place only on issue of separate purchase orders for required quantity as and when required by Owner.

  • Reset Margin means the margin specified in the applicable Final Terms;

  • Net WAC Rate With respect to any Distribution Date (and the related Accrual Period), a per annum rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the related Collection Period (not including for this purpose Mortgage Loans for which prepayments in full have been received and distributed in the month prior to that Distribution Date).

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: Rating Base Rate Spread LIBO Rate Spread A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.835 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.940 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.045 % 1.045 % BBB by Standard & Poor’s Baa2 by Moody’s 0.150 % 1.150 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Loan Rate for any Mortgage Loan and on any day means the per annum rate of interest applicable under the related Credit Line Agreement to the calculation of interest for the day on the Asset Balance of the Mortgage Loan.

  • Swap LIBOR With respect to any Distribution Date (and the related Accrual Period) the product of (i) the Floating Rate Option (as defined in the Swap Agreement for the related Swap Payment Date), (ii) two and (iii) the quotient of (a) the actual number of days in the Accrual Period for the Lower Tier REMIC Interests divided by (b) 30.