Trigger Rate definition

Trigger Rate means, as to any Guarantor, such Guarantor's default rate as defined in Section 428(c)(l)(B) of the Higher Education Act.

Trigger Rate means, for each calendar ------------ year falling in whole or in part within the Loan Term, the per annum rate of interest set forth on Schedule 1 to this Agreement (which has been calculated in accordance with Schedule 2 to this Agreement), as such rate may from time to time be modified in accordance with Section 4.04 of this Agreement.

Trigger Rate means the rate per annum (expressed as a percentage) specified in, or determined in accordance with the provisions in, the Final Terms or Pricing Supplement, as the case may be.

Examples of Trigger Rate in a sentence

• The Delinquency Trigger Rate is subject to review and adjustment from time to time in accordance with subsections 14.01(b) and 14.01(c) of the Pooling and Servicing Agreement.

• The Daily Adjustment for the Index Protection Strategy with Cap and the Index Protection Strategy with Trigger Rate will never be negative.

• A Trigger Rate may be either a Knock-In Rate or a Knock-Out Rate.

• The Spot Rate will only be compared to the Trigger Rate during the Window.

• Auto-Call Trigger Level means the level set out below for the relevant Auto-Call Valuation Date (i.e. as shown in the same row as that date): Auto-Call Trigger Rate means the applicable percentage in respect of the relevant Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred as set out in the definition of Auto-Call Trigger Level above (i.e. as shown in the same row as that date).

More Definitions of Trigger Rate

Trigger Rate means an IRR equal to the amount set forth at Section 1.1(1) of the STAR Technical Schedule.

Trigger Rate means the rate equal to 0.75% per annum.

Trigger Rate shall have the applicable meaning assigned to such term in the Indenture as in effect on the date hereof.

Trigger Rate has the meaning set forth in Section 3.2. "Trigger Rate Loans" has the meaning set forth in Section 3.2.

Trigger Rate means the Settlement Rate, the Spot Rate, or such other Reference Exchange Rate as specified in the applicable Final Terms.

Trigger Rate means, with respect to the Benchmark Rate referred to in clause (i) of the definition thereof, 10.25% and, with respect to the Benchmark Rate referred to in clause (ii) of the definition thereof, 9.5%.

Trigger Rate has the meaning set forth in Section 2.5(a).