Crediting Rate definition

Crediting Rate means the notional gains and losses credited on the Participant’s Account balance which are based on the Participant’s choice among the investment alternatives made available by the Committee pursuant to Section 3.3 of the Plan.

Crediting Rate means the percentage change in the Company's fair market value common stock price ("Stock Price") over a one year period, measured on December 31 of each year, with a guaranteed minimum of 4% and a maximum of 15%, cumulatively.

Crediting Rate means the average Wall Street Journal prime rate on the last day of the prior quarter (March 31 prime rate for the June 30 quarter), provided that such rate shall not be more than seven and one-half percent (7.5%).

Examples of Crediting Rate in a sentence

• Credit the difference between the Employee Reserve at the “Valuation Rate” and Member Crediting Rate temporarily to the other employer valuation reserves.

• Such Enhancement amount shall be credited according to the Crediting Rate Alternatives in effect for new Deferral Credits.

• For Participants who experience a Termination of Employment on or before May 1, 2017, the Company Stock Fund will be an available Crediting Rate Alternative until November 20, 2017.

• The term "Crediting rate" is amended to read as follows: Crediting Rate means the rate at which interest will be credited to Participant Deferral Accounts.

• Crediting Rate – The rate of return credited to the book value of the Fund, expressed as an annual percentage rate and is calculated based on a book value dollar weighted basis gross of the Trustee/Adviser Fee and Service Provider Offset and Other Expenses but net of Wrap Fees, Sub-Adviser Fees, and Acquired Fund Fees.

More Definitions of Crediting Rate

Crediting Rate means six percent (6%).

Crediting Rate means the rate of interest declared by the Bank from time to time for crediting interest to the Deferral Account as described in Section 2.1.2. Commencing on the date of the Agreement and continuing until changed by the Bank, in its sole discretion, the Crediting Rate shall be six percent (6%).

Crediting Rate. Crediting Rate" shall mean an annual rate of interest equal to 7.5%.

Crediting Rate means the rate in effect as of the first day of each Plan Year and utilized throughout the entire Plan Year in crediting interest to the balance in the Fixed Rate Accounts of each Participant. The Crediting Rate shall be determined in the manner described in Exhibit A attached hereto, as the same may be amended from time to time by the Committee. Prior to the beginning of each Plan Year, the Committee shall notify the Participants in writing of the Crediting Rate for such Plan Year.

Crediting Rate means the investment return that Dai-ichi Life Vietnam earns from the investment of Universal Life Fund, less Fund Management Fee. The Crediting Rate will not be lower than the minimum rate guaranteed by Dai-ichi Life Vietnam from time to time.

Crediting Rate means certain investment alternatives designated by the Deferred Compensation Committee from time to time for determining adjustments of amounts credited to the Deferral Accounts of Participants. The Deferred Compensation Committee, in its sole discretion, will establish administrative rules for applying the Crediting Rate.

Crediting Rate means, for each Plan Year, an interest rate determined and announced by the Committee before the Plan Year for which it is to be used that is equal to the Moody's Rate. The Moody's Rate for a Plan Year shall be an interest rate that (i) is published in Moody's Bond Record under the heading of "Moody's Corporate Bond Yield Averages -- Av. Corp," and (ii) is equal to the average corporate bond yield most recently published prior to the Plan Year for which the rate is to be used.