Assumed Rate means the probable average effective rate expected to be earned for the core annuity division on a long−term basis. The assumed rate shall be a rate of 8 percent and the actuar- ial assumption for across−the−board salary increases for the pur- pose of valuing the liabilities of the Wisconsin Retirement System shall be 3.4 percent less than the assumed rate unless due to changed economic circumstances the actuary recommends and the board approves a different rate. The assumed rate for a calen- dar year shall be used for all calculations of required contributions and reserves for participants, except as provided in s. 40.04 (4) (a) 2., 2g., and 2m., and the amount of any lump sum benefit paid instead of an annuity, except it shall not be used for any purpose for which the assumed benefit rate is to be used under sub. (6).
Assumed Rate has the meaning set forth in Section 39(a)(1)(v).
Assumed Rate means, in the case of:
Examples of Assumed Rate in a sentence
In this clause 8.2 the following expressions have the meaning given to them: Assumed Rate means the rate at which NNDR Relief has been assumed to be available to the Contractor in calculating the Contract Charge, namely 100% of NNDR.
More Definitions of Assumed Rate
Assumed Rate means, with respect to any Taxable Year, the product of (a) the excess of (i) one hundred percent (100%) over (ii) the highest U.S. federal corporate income tax rate for such Taxable Year multiplied by (b) the sum, with respect to each state and local jurisdiction in which the Corporate Taxpayer files Tax Returns, of the products of (i) the Corporate Taxpayer’s tax apportionment rate(s) for such jurisdiction for such Taxable Year multiplied by (ii) the highest corporate tax rate(s) for such jurisdiction for such Taxable Year.
Assumed Rate means the actuarial assumed rate of return on investments as
Assumed Rate has the meaning given to that expression in the Financial Schedule;
Assumed Rate means, subject to paragraph 6.1.4(d), in relation to any Adjustment Period or other relevant period:
Assumed Rate means the greater of (i) zero and (ii) the difference between (a) the highest federal income tax rate in the United States applicable to domestic corporations and (b) the highest income tax rate applicable to the Borrower or its Subsidiaries, as appropriate, on Cash Equivalent Investments in the jurisdiction in which such Cash Equivalent Investments are held at the end of such quarter.
Assumed Rate means, for Indebtedness bearing interest at a variable rate, a rate equal to the higher as of the date of calculation of: (1) the current, actual rate on such Indebtedness plus 100 basis points; (2) the average interest rate on such Indebtedness for the previous 12 months plus 100 basis points or (3) the average of One-Month LIBOR for the past three years plus 100 basis points; provided that in no event shall the Assumed Rate exceed the maximum interest rate with respect to any Parity Debt.
Assumed Rate. The 10 Year Treasury Yield plus six percent (6%).