Rebate Computation definition

Rebate Computation means the computation, as of a Computation Date, of a Locality Rebate Requirement to such Computation Date. The amount so computed may be a positive or a negative number.
Rebate Computation means the computation, as of a Computation Date, of the Locality Rebate Requirement to such Computation Date. The amount so computed may be a positive or a negative number.

Examples of Rebate Computation in a sentence

  • The Rebate Computation for each Locality shall be made on the basis of information provided by VPSA and the Localities pursuant to the Related Tax Agreements.

Related to Rebate Computation

  • Computation Date is defined in Section 2.04.

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Delinquency Rate With respect to any calendar month, the fraction, expressed as a percentage, the numerator of which is the aggregate outstanding principal balance of all Mortgage Loans 60 days Delinquent or more (including all foreclosures, bankruptcies and REO Properties) as of the close of business on the last day of such month, and the denominator of which is the Pool Balance as of the close of business on the last day of such month.