Examples of Applicable Discount Rate in a sentence
The calculation of an Initial Investment Index greater than 4.75% shall not constitute a failure of the condition in this Section 11.3.6; provided, that in the event the calculation of the Initial Investment Index produces a rate that is in excess of 4.75%, the parties hereto shall endeavor in good faith to reconsider the Applicable Discount Rate, and only if such endeavors fail shall there be a failure of the condition in this Section 11.3.6.
A Liquidation Value for each Contract (CLV) is determined by Calculating a Present Value of the Liability Based on: • Payments Due Under ELNY Contract (Amount and Timing) • Payments Discounted Using Applicable Discount Rate (which will be assumed to be 4.25% in this Schedule 3.1) • Use ELNY Mortality Table for Life Contingent Benefits • Aggregate Liquidation Value of Liabilities under all ELNY Contracts (ALV) is the sum of the Liquidation Value for Each Contract (CLV) (e.g. ALV = ∑ CLV).
This meeting is held in August and includes a review of the College’s academic procedures, practices, and policies.
The Applicable Discount Rate for certain Series may be based on variable benchmark or interbank rates, such as the Euro OverNight Index Average (“EONIA”) and other similar types of reference rates (“Rates”).
There remains some uncertainty regarding the potential effect of a transition away from EONIA to €STR on a Series that uses EONIA as the basis for its Applicable Discount Rate.