Definition of Taxable Rate


Taxable Rate means a rate of interest equal to the lesser of twelve percent (12.0%) per annum or a rate per annum that is two percent (2%) in excess of the Prime Rate, with changes in the Taxable Rate effective concurrently with each announced change in the Prime Rate.
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Taxable Rate means 4.18%.

Taxable Rate means the interest rate then in effect divided by _____%.

Examples of Taxable Rate in a sentence

While this Bond bears interest at the Taxable Rate, interest on this Bond shall be computed on the basis of a year of 365 or 366 days, as applicable, and actual days elapsed.
If a Determination of Taxability occurs, this Bond shall bear interest from the date of the Determination of Taxability at the Taxable Rate, and the Owner shall also be paid Additional Interest, as provided in the Indenture.
If an Initial Notification of Taxability shall occur, the Bonds shall bear interest from the date of such Initial Notification of Taxability at the Taxable Rate.
While the Bonds bear interest at the Taxable Rate, interest on the Bonds shall be computed on the basis ofyear of 365 or 366 days, as applicable, and actual days elapsed.
All amounts so advanced by Lessor shall constitute additional rent for the then current Original Term or Renewal Term and Lessee covenants and agrees to pay such amounts so advanced by Lessor with interest thereon from the date advanced until paid at a rate equal to the Contract Rate (or the Taxable Rate if then in effect) plus five percent (5%) per annum or the maximum amount permitted by law, whichever is less.



More definitions of Taxable Rate

Taxable Rate means 3.776%. SECTION 1.02. Interpretation.
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Taxable Rate means, with respect to a Taxable Period, the product of (i) the interest rate on the Bonds specified in Section 2.2 of the Indenture and (ii) 1.54. F-2 369822/6/LOSANGELES i ':' :i i tJ ijll'fltJ~~o~z~~i~J~ff~~~~ Ji I I ~~ ~~ ,~& -~~~'rl I iJW Jl'l~ ~! n r ~~ *fi~l!lfSSr~t~l&II~~~IJ2 ~~ [ f ~~ I) i 1 .. 1 t r ~II! i 'I" 1. ~I. I i"JI* ~'Sf~ ~ ~ ~ ec - -- il* itt i f*(flf'Js U:B* lf~~~~i~~~~~~~i"litii~ i,.tl{if-8 ~ ~ I SS" ~> ~i ~ H a11rt ~ r .. ~ __ _ _ ~ ili * 1 r1 * ~' . _ _
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Taxable Rate means LIBOR plus the LIBOR Margin.
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