Repayment Rate definition

Repayment Rate means MIN[101%, 100%+((1,0074720148386)^E-1)] where E = number of years + Act/Act (number of days elapsed divided by number of actual days in that year).

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Repayment Rate means MIN (101%; 100% x Exp (T x 0.74720148386%)), rounded down to the 9th decimal.

Repayment Rate means the percentage of sales volume to be debited from each transaction of your Merchant Receivables in order to repay your Loan. Such amounts will be debited from your Merchant Receivables and will be applied toward your Outstanding Balance until the Total Repayment Amount is paid in full.

Examples of Repayment Rate in a sentence

• Thereafter, until the Outstanding Balance is paid in full, the Repayment Rate will be increased to 100%, and your obligations under this Agreement shall continue in full force and effect.

• The changed Repayment Rate becomes the Repayment Rate for the year of the event and future periods, unless there is a subsequent acquisition/merger or divestiture affecting the GBR of the Recipient.

• Without limiting the generality of the foregoing, we may grant a security interest in any and all of our rights and interests pursuant to this Agreement, including our rights and interests in and to the Repayment Rate and the principal amount of the Loans, to any party (each, an "Assignee"), including parties from whom we may obtain financing, and you agree that such Assignee is entitled to enforce any and all of our rights, remedies and interests under this Agreement.

• All amounts due to PRIFA from the Contractor pursuant to Section 3.3 or any other provisions of the Contract ("Owed Amounts") shall be due and payable on the tenth (10th ) day after demand therefore, and, if not paid when due, shall bear interest from such due date at the Repayment Rate on the amount outstanding.

• Further, you expressly authorize ▇▇▇▇▇▇▇, as the Bank's agent, to elect via ACH to debit a periodic amount ("Periodic Amount") intended to represent the dollar value of the estimated amount of your revenue multiplied by the Repayment Rate in situations where your processing information is unable to be communicated to Parafin.

More Definitions of Repayment Rate

Repayment Rate means the frequency at which instalments are to be paid towards the repayment of the sum(s) owed under regulation 3; and

Repayment Rate means the rate of 1% per annum.

Repayment Rate means MIN[101 per cent., 100 per cent. +((1,0074720148386)^E-1)] where E = number of years + Act/Act (number of days elapsed divided by number of actual days in that year).

Repayment Rate means the total cost of constructing the sewer line divided by the total number of connections to the sewer line as computed by district engineer.

Repayment Rate means a floating rate of interest equal to two percent (2%) in excess of the highest prime rate as published in The Wall Street Journal from time to time under “Money Rates”.

Repayment Rate means the percentage of Receivables generated by Merchant, as set forth in the summary box above that will be debited from Your gross payment card processing amount each day You process payments pursuant to the Seller Agreement and will continue to be applied to Your Loan Balance until such Loan Balance is paid in full.

Repayment Rate means an annual rate equal to (i) the 30-day London Interbank Offered Rate for United States dollar deposits as of the date of measurement, as reported on such system as is customarily used to quote such rate as determined by ▇▇▇▇▇▇▇▇, plus (ii) twelve percent (12%).