Risk Rate definition
Examples of Risk Rate in a sentence
Each Class C Purchaser's Percentage Interest of the Risk Portion of the Class C Note Principal Balance shall bear interest for each Interest Accrual Period at a rate per annum equal to the sum of the Risk Rate from time to time in effect plus the Loan Spread Rate.
Each determination of the Commercial Paper Rate, the Alternative Rate and the Risk Rate by the Administrative Agent pursuant to any provision of this Agreement shall be conclusive and binding on the Class C Purchasers, the Issuer, the Servicer and the Indenture Trustee in the absence of manifest error.
Insurance and Bonds provided by the Construction Manager shall be included in the GMP at the following values: General Liability Insurance Rate = 0.95%, Builder’s Risk Rate = 0.35% and Payment and Performance Bond Rate = actual cost as invoiced by bonding company.
Each Agent shall notify the Servicer on each Certificate Rate Determination Date of the Commercial Paper Rate, the Alternative Rate and the Risk Rate, as applicable, and the Class B Interest for the related Interest Accrual Period substantially in the form of Exhibit B-3A to the Issuance supplement (or such other form which may be mutually acceptable to the applicable Agent and the Servicer from time to time).
Each Agent shall notify the Servicer on each Certificate Rate Determination Date of the Commercial Paper Rate, the Alternative Rate and the Risk Rate, as applicable, and the Class A-2 Interest for the related Interest Accrual Period substantially in the form of Exhibit B-2A to the Issuance supplement (or such other form which may be mutually acceptable to the applicable Agent and the Servicer from time to time).
A combination of Crash Risk Rate (the Crash Risk Mapping) results and Star Rating Score data has been used to consider whether the Crash Risk Mapping has identified a dangerous road section worthy of further study and improvement.
The rate of interest to be inserted in paragraph A.1 of Schedule 2 shall be the rate of interest equal to aggregate of (i) the Low Risk Rate on the date when the relevant Option Notice is served and (ii) 300 basis points.
Each Agent shall notify the Servicer on each Certificate Rate Determination Date of the Commercial Paper Rate, the Alternative Rate and the Risk Rate, as applicable, and the Class A-1 Interest for the related Interest Accrual Period substantially in the form of Exhibit B-1A to the Issuance supplement (or such other form which may be mutually acceptable to the applicable Agent and the Servicer from time to time).
However, DSC may only increase the Base Rate, Risk Rate or Default Rate by 50 basis points in any one 30-day period.
Each Class A Purchaser’s Percentage Interest of the Risk Portion of the Class A Note Principal Balance shall bear interest for each Interest Period at a rate per annum equal to the sum of the Risk Rate from time to time in effect plus the applicable Class A Program Fee Rate.