Reimbursement Rate definition

Reimbursement Rate shall have the meaning assigned to such term or the termAdvance Rate” or an analogous term in the Servicing Agreement.
Reimbursement Rate. The rate per annum applicable to the accrual of interest on Servicing Advances in accordance with Section 3.03(d) and P&I Advances in accordance with Section 4.03(d), which rate per annum shall equal the Prime Rate.
Reimbursement Rate. The rate per annum applicable to the accrual of Advance Interest, which rate per annum is equal to the “prime rate” published in the “Money Rates” section of The Wall Street Journal, as such “prime rate” may change from time to time. If The Wall Street Journal ceases to publish the “prime rate”, then the Certificate Administrator, in its sole discretion, shall select an equivalent publication that publishes such “prime rate”; and if such “prime rate” is no longer generally published or is limited, regulated or administered by a governmental or quasi-governmental body, then the Certificate Administrator shall select a comparable interest rate index. In either case, such selection shall be made by the Certificate Administrator in its sole discretion and the Certificate Administrator shall notify the Master Servicers and the Special Servicers in writing of its selection.

Examples of Reimbursement Rate in a sentence

  • RESOLVED, the reimbursement rate for all authorized travel by school district employees and officials is established in accordance with the Standard Mileage Reimbursement Rate as published by the Internal Revenue Service.

  • For example:cost(p0) = 8 + 6 = 14,assuming c1 = c2 = 1, and cost(p1)=cost(p2) = 17.

  • Provider Reimbursement Rate Report) The Department of Health and Human, in conjunction with the Office of Research and Statistics of the Budget and Control Board, shall prepare a report that compares the reimbursement rate of Medicaid providers to the reimbursement rate of the Medicare Program and the State Health Plan.

  • Payments shall be based on Exhibit B-3: Method and Rate of Reimbursement (Rate Sheet).

  • Base Reimbursement Rate – For hospitals reimbursed on a per diem basis, a hospital’s per diem reimbursement rate before a Medicaid trend adjustment or a buy back is applied.


More Definitions of Reimbursement Rate

Reimbursement Rate means the rate per annum applicable to the accrual of interest on Servicing Advances and P&I Advances, which rate per annum shall equal The “Prime Rate” as published in the “Money Rates” section of the New York City edition of the Wall Street Journal (or, if such section or publication is no longer available, such other comparable publication as determined by the Certificate Administrator in its reasonable discretion) as may be in effect from time to time, or, if the “Prime Rate” no longer exists, such other comparable rate (as determined by the Certificate Administrator in its reasonable discretion) as may be in effect from time to time.
Reimbursement Rate. The rate per annum applicable to the accrual of Advance Interest, which rate per annum is equal to the Prime Rate.
Reimbursement Rate. The rate per annum applicable to the accrual of Advance Interest, which rate per annum shall be equal to the "prime rate" as published in the "Money Rates" section of The Wall Street Journal, as such "prime rate" may change from time to time.
Reimbursement Rate shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement, but in no case shall be greater than the “Reimbursement Rate” as defined in the Approved Sample PSA.
Reimbursement Rate shall have the meaning assigned to such term or analogous term in the Lead Securitization Servicing Agreement.
Reimbursement Rate. The rate per annum applicable to the accrual of interest on Servicing Advances in accordance with Section 3.03(d) and P&I Advances in accordance with Section 4.03(d), which rate per annum shall equal the "Prime Rate" published in the "Money Rates" section of The Wall Street Journal (or, if such section or publication is no longer available, such other comparable publication as determined by the Trustee in its reasonable discretion) as may be in effect from time to time, or, if the "Prime Rate" no longer exists, such other comparable rate (as determined by the Trustee in its reasonable discretion) as may be in effect from time to time.
Reimbursement Rate. A rate per annum equal to the “prime rate” as published in the “Money Rates” section of The Wall Street Journal, as such “prime rate” may change from time to time. If more than one “prime rate” is published in The Wall Street Journal for a day, the average of such “prime rates” will be used, and such average will be rounded up to the nearest one eighth of one percent (0.125%). If the “prime rate” contained in The Wall Street Journal is not readily ascertainable, the Loan Obligation Manager will select an equivalent publication that publishes such “prime rate,” and if such “prime rates” are no longer generally published or are limited, regulated or administered by a governmental authority or quasigovernmental body, then the Loan Obligation Manager will select, in its reasonable discretion, a comparable interest rate index.