Valuation Rate definition

Valuation Rate shall be the applicable percentage, as defined in Schedule G, to be applied to the Fair Market Value of each Eligible Security.

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Valuation Rate means, for Cash or any category of obligation or investment specified below in the column entitled "Cash and Eligible Securities" (other than Cash, the "Eligible Securities"), the percentage set forth opposite such category of Cash or Eligible Securities below in the column entitled "Valuation Rate" and, in each case, subject to the original term to maturity criteria set forth therein:

Valuation Rate means the close of business on each business day.

Examples of Valuation Rate in a sentence

• We always work on a Client Fees basis; and our Service Charges are calculated as follows: • Hourly Rate@ £55 per Hour subject to an Initial Minimum of £220 • Valuation Rate @ 1% of the Initial Sum subject to a Minimum of £220 at outset only, We offer an Initial Consultation without any charge or further obligation; and thereafter will agree our costs with you before completing any chargeable work on your behalf.

• Subject to the terms and conditions of this Agreement, at the Initial Second Closing: (a) Investor will (i) subscribe for 21,015,400 Preferred Shares (the “Initial Second Investor Shares”) at the Funding Valuation Rate, and (ii) pay to the Company an aggregate capital contribution equal to the Escrow Second Tranche Amount (“Initial Second Tranche Investor Contribution”).

• If Investor has provided the Notice of Exercise prior to the Option Expiration Date pursuant to Section 2.6, then subject to the terms and conditions of this Agreement, at the Second Closing: (a) Investor will (i) subscribe for the Investor Option Shares at the Funding Valuation Rate and (ii) pay to the Company the Second Investor Capital Contribution.

• We always work on a Client Fees basis; and our Service Charges are calculated as follows:  Hourly Rate@ £55 per Hour subject to an Initial Minimum of £220  Valuation Rate @ 1% of the Initial Sum subject to a Minimum of £220 at outset only, We offer an Initial Consultation without any charge or further obligation; and thereafter will agree our costs with you before completing any chargeable work on your behalf.

• Subject to the terms and conditions of this Agreement: (a) As soon as practical after the Effective Date and prior to the Initial First Closing, NII Telecom will (i) subscribe for 116,641,667 Ordinary Shares at the Funding Valuation Rate and (ii) pay to the Company an aggregate capital contribution of $116,641,667 in cash (the “Pre Initial Closing Subscription Amount”).

• In the event that the Counterparty engages in a Variable Rate Transaction, a Dilutive Offering will have been deemed to have occurred and the price of such Dilutive Offering will be deemed to be the lowest price contemplated under the transaction documentation of the Valuation Rate Transaction.

• Such reconciliation shall take into account any retroactive CBC/RADIO-CANADA current service contributions made after June 30 pursuant to a new Actuarial Valuation, actual expenses incurred pursuant to paragraph 6 (c) and interest at the Valuation Rate from the date of payment or utilization, as applicable.

More Definitions of Valuation Rate

Valuation Rate means the higher of the assumed investment rate (AIR) or guaranteed interest included in the policy, if any, otherwise the highest valuation interest rate allowed under the standard nonforfeiture law.

Valuation Rate has the meaning set forth on Schedule III.

Valuation Rate. Commercial Paper: Commercial paper issued by any entity organized in the United States and denominated in Dollars and maturing not more than one year after the date of determination rated at least (i) A-1 or the equivalent thereof by S&P, (ii) P-1 or the equivalent thereof by ▇▇▇▇▇’▇ or (iii) F-1 or the equivalent thereof by Fitch. 90% Cash and Eligible Securities: Investment Grade Nonconvertible Corporate Bonds Level II: Nonconvertible corporate bonds denominated in Dollars or Alternative Currencies which are traded publicly, maturing within eleven years from the date of determination rated (a) at least (i) BBB from S&P, (ii) Baa2 from ▇▇▇▇▇’▇ or (iii) BBB from Fitch, or (b) in the case of corporate bonds rated solely by DBRS, at least BBB from DBRS. Agency Securities:

Valuation Rate means, for Cash or any category of obligation or investment specified below in the column entitled "Cash and Eligible Securities" (other than Cash, the "Eligible Securities"), the percentage set forth opposite such category of Cash or Eligible Securities below in the column entitled "Valuation Rate" and, in each case, subject to the original term to maturity criteria set forth therein: Time Deposits, CDs, Money Market Deposits and Money Market Mutual Funds: Time deposits, certificates of deposit and money market deposits, denominated in Dollars, of any commercial bank incorporated in the United States with a rating of at least (i) AA- from S&P, (ii) Aa3 from ▇▇▇▇▇’▇ or (iii) AA- from Fitch and Valuation Rate: 90% -23- With maturities of (x) two years or less from the date of determination, 95%, (y) more than two years and ten years or less from the date of determination, 90% and (z) more than ten years from the date of determination, 85% Valuation Rate: Investment Grade Municipal Bonds Level I: Municipal bonds maturing within eleven years from the date of determination rated at least (i) AAA from S&P, (ii) Aaa from ▇▇▇▇▇’▇ or (iii) AAA from Fitch. Cash and Eligible Securities: 90% maturing within two years from the date of determination. Money market mutual funds with institutions not affiliated with the Lenders with same-day liquidity and with a rating of (i) AAA from S&P, (ii) Aaa from ▇▇▇▇▇’▇, (iii) AAA from Fitch or (iv) 1 by the NAIC Securities Valuation Office. Investment Grade Municipal Bonds Level II: Municipal bonds maturing within eleven years from the date of determination rated (a) at least (i) A- from S&P, (ii) A3 from ▇▇▇▇▇’▇ or (iii) A- from Fitch. 85% Investment Grade Nonconvertible Corporate Bonds Level I: Nonconvertible corporate bonds denominated in Dollars or Alternative Currencies which are traded publicly maturing within eleven years from the date of determination rated (a) at least (i) AA- from S&P, (ii) Aa3 from ▇▇▇▇▇’▇ or (iii) AA- from Fitch, or (b) in the case of corporate bonds rated solely by DBRS, at least AA low from DBRS. U.S. Government Securities: Securities issued or directly and fully guaranteed or insured by the United States or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof). With maturities of (x) two years or less from the date of determination, 90% and (y) more than two years and eleven years or less from the date of determination, 85...

Valuation Rate means, with respect to a given year, the interest rate used to calculate the Going Concern Liabilities pursuant to the Actuarial Valuation covering such year.

Valuation Rate means, with respect to (i) Customer Equity Securities, 80%, (ii) Customer Debt Securities, 90% and (iii) Government Securities and GNMA Securities, 95%.