Receivable Rate definition

Receivable Rate means the annual percentage rate (as such term is used with respect to the federal Truth-in-Lending Act) of interest borne by, and indicated on, a Contract.
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Receivable Rate means the annual rate at which interest accrues on a Receivable.
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Receivable Rate. As to any Receivable, the related Contract Rate or Mortgage Rate, as applicable.
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Examples of Receivable Rate in a sentence

  • Any late payment will accrue interest at the Accounts Receivable Rate.

  • With respect to the "Defaulted Receivable Rate," we recalculated the "Average Receivable" by simple average and we agreed the "Charged-Off Receivables" to IPFS's records.

  • The Servicer shall not reschedule, revise downward or defer payments on a Receivable or modify the terms or conditions of the related contract in a manner adverse to the Trust unless the Agent shall have consented in writing to the same, provided that terminating or initiating electronic deductions from bank accounts of Obligors and adjustment in the related Receivable Rate, each in accordance with the terms of the related Receivables Documents, will not constitute a modification of the related Receivable.

  • In connection with any assumption or substitution agreement entered into pursuant to this Section, the Servicer shall not change the Receivable Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Receivable.

  • Any late payments, other than those directly related to a Mortgage Loan or Agency Security, shall accrue interest at rate equal to the Accounts Receivable Rate.

  • Over the past 6 years, PFSFC's average monthly Defaulted Receivable Rate, which takes into account receivables acquired from third party originators both upon origination and pursuant to asset acquisitions, has never approached this level.

  • On this note, this paper will analyze the relationship among Working Capital, Account Receivable Rate, Debt Ratio, Sales Growth and Returns on Asset which is the chosen measure of financial performance of firms.

  • Review: Feedback on the student's image critiquing skills is provided immedi- ately as the student reviews the assessment with the clinical instructor.

  • Rent CollectionThis MonthRent Charges36,131Other Charges184 Total New Charges Accounts ReceivableCurrent Tenant Accounts Receivable (Rent)(196)Current Rent Charges36,131Current Rent Collections36,327Accounts Receivable Rate Collections - Prior 12 Month Period Prior Tenants Accounts Receivable (Rent) This page intentionally left blank.


More Definitions of Receivable Rate

Receivable Rate. With respect to each Receivable, the interest rate specified in the related Mortgage Note.
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Receivable Rate. For any Collection Period, (i) with respect to each Approved Loan, the current cash pay interest rate of such Receivable in such period, as specified in the related Underlying Instruments and (ii) with respect to each Approved Lease, the applicable APR.
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Related to Receivable Rate

  • Applicable Rate means a percentage per annum equal to:

  • Maximum Applicable Rate with respect to APS, has the meaning set forth in Section 11.10(a)(vii) of these Bylaws.

  • Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.

  • Trustee Advance Rate With respect to any Advance made by the Trustee pursuant to Section 4.01(b), a per annum rate of interest determined as of the date of such Advance equal to the Prime Rate in effect on such date plus 5.00%.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.48%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Custodian Fee Rate As to any Distribution Date, the applicable Custodian Fee for such Distribution Date, converted to a per annum rate on (i) the aggregate Stated Principal Balance of the Mortgage Loans as of the first day of the related Interest Accrual Period and (ii) with respect to the Determination Date in July 2006 only, the portion of the Closing Date Deposit Amount allocable to principal (calculated on an actual/360 basis).

  • Taxable Rate means, with respect to a Taxable Period, the product of (i) the average interest rate on the Bonds during such period and (ii) 1.54.

  • Reference Rate means the rate specified as such hereon.

  • Program Fee Rate is defined in the Fee Letter.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • 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.

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Revolving Interest Rate means, with respect to Revolving Advances, an interest rate per annum equal to (a) the lesser of (i) the sum of the Alternate Base Rate plus the Applicable Revolving Domestic Rate Margin and (ii) the Maximum Rate, with respect to Domestic Rate Loans, and (b) the lesser of (i) the sum of the Eurodollar Rate plus the Applicable Revolving Eurodollar Rate Margin and (ii) the Maximum Rate, with respect to the Eurodollar Rate Loans.

  • Credit Card Advance Rate means 90%.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.