Actual Rate definition

Actual Rate means the facility rate for each cost category calculated using allowable historical operating costs and adjustment factors.
Actual Rate means, in respect of each Interest Period, the rate per annum notified to the Agent by each Lender as the rate at which deposits in Dollars are offered to that Lender (and such Lender is under no obligation to take up that offer) in its ordinary course of business by brokers and/or leading banks in the London Interbank Market or European Interbank Market at or about 11.00 a.m. (London time) on the day on which quotations would ordinarily be given by brokers and/or leading banks in the London Interbank Market or European Interbank Market for deposits in the relevant currency to which such rate is to be determined for delivery on the first day of the relevant Interest Period, and, if that Lender obtains in the ordinary course of its business, quotes from more than one broker and/or leading bank, that Lender’s actual rate shall be the weighted average of those quotes and the determination of the actual rate by a Lender shall be final, conclusive and binding on the Borrowers;
Actual Rate has the meaning specified in Section 3.01(e).

Examples of Actual Rate in a sentence

  • Actual Rate): the rate of exchange which the Receiving Party is able to purchase the Agreed Currency with the amount of the Judgment Currency actually received by the Receiving Party, and such indemnity will continue in full force and effect notwithstanding any such judgment, order, proof or claim.

  • SERVICE PROVIDERS Actual Rate For the Fiscal Management Fee Average Daily Year Ended Annual Rate* Net Assets October 31, 2005 * The Investment Adviser has entered into the foregoing fee reduction commitment for the Funds which was implemented on a voluntary basis beginning July 1, 2005 and on a contractual basis as of the date of this Prospectus.

  • The Borrowers must pay interest on each Tranche in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Agent to be either (A) the aggregate of (a) the Margin and (b) LIBOR, or (B) if the Borrowers select an Interest Period of 12 months or over (with the agreement of the Lenders), the aggregate of (a) the Actual Rate and (b) the Margin.

  • The Borrowers must pay interest on each Advance in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Agent to be either (A) the aggregate of (a) the Margin and (b) LIBOR, or (B) if the Borrowers select an Interest Period of 12 months or over (with the agreement of the Lenders), the aggregate of (a) the Actual Rate and (b) the Margin.

  • Rig is currently equipped to operate in 250’ of water.**E = Estimated; *A = Actual# =Rate withheld at request of operator.


More Definitions of Actual Rate

Actual Rate means the actual dollar-weighted interest rate for each applicable period of the five year term of the Assumed Real Property Loans taken together (calculated using the Forward Curve for LIBOR Rate and Prime Rate, as applicable, with respect to any interest calculated with reference to LIBOR Rate or Prime Rate); provided, that for purposes of calculating the actual dollar weighted interest rate the following items shall be taken into account: (i) any floors related to LIBOR Rate or Prime Rate contemplated by the Assumed Real Property Loan Documents shall be considered the effective LIBOR Rate or Prime Rate, if greater than the rates provided in the Forward Curve, (ii) any ceilings related to LIBOR Rate or Prime Rate contemplated by the Assumed Real Property Loan Documents shall be considered the effective LIBOR Rate or Prime Rate, if lower than the rates provided in the Forward Curve, and,
Actual Rate means a regular hourly wage is in fact paid by the to an individual employee in accordance with the Agreement. From-UNITED i The basic wage in shall be: for the of the wage Standards Act. as from time ta I time; or per for the of the first day week June i the day of the week after to the contrary herein, receive basic, wage referred of the assigned the Employer's to increase the wage rate paid the floater (special event raie) or (client-dictated wages). rates shall only be this of this the event that a client provides for greater than the basic wage wage rates payable the Employer shall be wage rates set out the client Employer enters a client a for security have been wage be rate as set out Where Employer a provision of security at a the actual wage rate for al1 employees shall be minimum wage rate out Article (a) unless a required to paid Standards Act, Employer C.E. to the as amended of time to om-UN STEELWORKERS thereunder. addition, the year in the Employer acquires a Employer may providing benefits to Article to all employees working the site, all employers assigned the site will be entitled to benefits in accordance The the that it the of to clients and the jobs at those client sires. The Employer agree that the loss of a client arises, io negotiate a solution to that client. the a with a for whom had provided such that the becomes successor and the employees working at sire the Ernployer will agree to offer such employees compensation which shall be no less what the employees were receiving at that to the becoming employIer. With respect a client contract at the time of the coming into force of this the wage shall not change as a of renewal contract except insofar the wage is increased by the Article. I where wages established under the wage rates paid individual of by having acquired seniority accordance with employed on the effective date of the for Security Officers; be
Actual Rate has the meaning set out in Clause 7.11.
Actual Rate means the actual dollar-weighted interest rate for each applicable period of the five year term of the Assumed Real Property Loans taken together (calculated using the Forward Curve for LIBOR Rate and Prime Rate, as applicable, with respect to any interest calculated with reference to LIBOR Rate or Prime Rate); provided, that for purposes of calculating the actual dollar weighted interest rate the following items shall be taken into account: (i) any floors related to LIBOR Rate or Prime Rate contemplated by the Assumed Real Property Loan Documents shall be considered the effective LIBOR Rate or Prime Rate, if greater than the rates provided in the Forward Curve, (ii) any ceilings related to LIBOR Rate or Prime Rate contemplated by the Assumed Real Property Loan Documents shall be considered the effective LIBOR Rate or Prime Rate, if lower than the rates provided in the Forward Curve, and, (iii) any loan fees, extension fees or other fees required to be paid pursuant to the Assumed Real Property Loan Documents shall be added to the otherwise effective interest rate for such year for such loan.
Actual Rate means the aggregate of LIBOR and 0.625 per cent.;
Actual Rate means the actual cost to Sublandlord of supplying one (1) kilowatt-hour of electricity to the Building, and such rate shall be determined by dividing (A) the total amount of the electric bill for the Building for the period(s) covered by Subtenant’s payment by (B) the number of kilowatt-hours of electricity supplied to the Building during such period. Subtenant shall also pay to Sublandlord Subtenant’s share (based upon the ratio of the rentable square footage of the Premises to the rentable square footage of the entire floor) of the cost to maintain and repair the meter(s) serving the floor.
Actual Rate means the ***** as shown on Bloomberg IRSB 18, rounded to two decimal places and expressed as a number rather than a percentage) on the date falling two (2) Business Days before the Delivery Date;