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.

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-▇▇▇▇▇▇▇▇, 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. 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-▇▇▇▇▇▇▇▇ $ 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.

Examples of Rate 2 in a sentence

• 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.

• Any such election must be made by 1:00 p.m. (New York time) on the 3rd Business Day prior to (1) the date of any proposed Revolving Credit Advance which is to bear interest at the LIBOR Rate, (2) the end of each LIBOR Period with respect to any LIBOR Loans to be continued as such, or (3) the date on which Borrower wishes to convert any Index Rate Loan to a LIBOR Loan for a LIBOR Period designated by Borrower in such election.

• Any such election must be made by 11:00 a.m. (Chicago time) on the 3rd Business Day prior to (1) the date of any proposed Advance which is to bear interest at the LIBOR Rate, (2) the end of each LIBOR Period with respect to any LIBOR Loans to be continued as such, or (3) the date on which Borrower wishes to convert any Index Rate Loan to a LIBOR Loan for a LIBOR Period designated by Borrower in such election.

• Newly hired Food Service Helper I and Lunch Aides shall move to Job Rate 1 after completion of one (1) year; and shall move to Job Rate 2 after completion of two (2) years.

More Definitions of Rate 2

Rate 2. The weighted undergraduate or graduate average of resident tuition and fee rates of nine Minnesota universities (UM Twin Cities and UM ▇▇▇▇▇▇ 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 averages include tuition, Student Services Fee, and GAF. Minnesota Higher Education Service Office (MNHESO) has calculated the average rate to be $345.93 per credit hour for undergraduates for the 21-22 school year. The rate a Minnesota undergraduate will pay will depend on the institution attended. The Minnesota weighted undergraduate rate is (Continued) I move to approve the Minnesota reciprocity rates for FY22 and authorize the Executive Director to execute the Memorandum of Understanding. higher than the in-state rate at all schools. Black Hills State University $ 253.85 $ 38.25 $ 292.10 $ 345.93 Dakota State University $ 253.85 $ 67.23 $ 321.08 $ 345.93 Northern State University $ 253.85 $ 40.95 $ 294.80 $ 345.93 SD School of Mines & Tech $ 260.55 $ 78.35 $ 338.90 $ 345.93 South Dakota State University $ 259.10 $ 50.85 $ 309.95 $ 345.93 University of South Dakota $ 259.10 $ 55.30 $ 314.40 $ 345.93 The Minnesota combined rate for graduate tuition and fees of $566.79 is higher than the tuition and fees at any of the South Dakota schools, therefore, a Minnesota graduate student will pay $566.79 per credit hour at all South Dakota public universities. Black Hills State University $ 333.25 $ 38.25 $ 371.50 $ 566.79 Dakota State University $ 333.25 $ 40.65 $ 373.90 $ 566.79 Northern State University $ 333.25 $ 40.95 $ 374.20 $ 566.79 SD School of Mines & Tech $ 338.90 $ 49.60 $ 388.50 $ 566.79 South Dakota State University $ 340.15 $ 50.85 $ 391.00 $ 566.79 University of South Dakota $ 340.15 $ 55.30 $ 395.45 $ 566.79 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 2021, a Minnesota undergraduate student attending a South Dakota university will pay $34.06 per credit hour more than a non-resident undergraduate student from a surrounding state.

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.

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.

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).

Rate 2 means, if applicable, the rate specified as such in the definition of the relevant Series in the applicable Final Terms;

Rate 2 means the 2 year EUR swap rate (quoted on an annual 30/360 day basis versus 6 month EUR EURIBOR) as updated at the Valuation Time on Reuters page ISDAFIX2 above the caption

Rate 2 means $240 divided by the number of days in the month in question.