Term Rate means the per annum interest rate with respect to Bonds in the Term Rate Mode determined pursuant to Section 2.09.
Minimum Rate With respect to each ARM Loan, the rate per annum set forth in the related Mortgage Note as the minimum Note Rate thereunder. The Minimum Rate as to each ARM Loan is set forth on the related Mortgage Loan Schedule.
Rate Period has the meaning set forth in the Statement.
Reset Rate means, in connection with each Remarketing, the rate per annum (as determined by the Remarketing Agent(s) in consultation with the Company pursuant to the Remarketing Agreement) rounded to the nearest one thousandth (0.001) of one percent that the Notes shall bear.
Reference Dealer Rate means with respect to the Reference Dealer and any redemption date, the price, expressed as a percentage (rounded to three decimal places, 0.0005 being rounded upwards), at which the gross redemption yield (as calculated by the Reference Dealer) on this Security, if they were to be purchased at such price on the third Business Day prior to the date fixed for redemption, would be equal to the gross redemption yield on such Business Day of the Reference Bond on the basis of the middle market price of the Reference Bond prevailing at 11:00 a.m. (London time) on such Business Day as determined by the Reference Dealer.
Term Rate Period means any period of time during which a Group of 2021 Series J Variable Rate Bonds bears interest at the Term Rate.
Maximum Rate shall have the meaning assigned to such term in Section 9.09.
Reset Date means the First Reset Date, the Second Reset Date and each Subsequent Reset Date (as applicable);
Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:
Yield Rate means, (i) with respect to any Eligible Treasury Security on deposit at any time in either of the Paired Holding Trusts, the stated interest rate of such Eligible Treasury, if any, or any discount rate applicable to such Eligible Treasury, based on the purchase date and purchase price at which the applicable Paired Holding Trust acquired that Eligible Treasury, and (ii) with respect to any Eligible Treasury Repurchase Agreement, the difference between the repurchase price and the purchase price paid under such agreement, with such difference expressed as a percentage of such purchase price.
Reference Bond Price means, with respect to any date of redemption, (a) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (b) if the Determination Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations;
Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.
Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.
ANNUAL RATE ADJUST: MONTHLY P&I : 2,265.65 OUTSIDE CONV DATE : LIFETIME RATE : 7.62500 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.62500 PRODUCT CODE : 002 LTV : 89.51300 ---------------------------------------------------------------- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,978,500.00 P & I AMT: 13,746.84 UPB AMT: 1,974,826.42 1 GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C ISSUE DATE: 03/01/98 P.O. BOX 5260 TMS AG0004980530 00 01 04 PAGE: 20 CHERRY HILL, N.J. 08034 (800) 257-7818 0 ---------------------------------------------------------------- 0 0031142052 MORTGAGORS: BROWN JAMES XXXXN XXXXX XXXXXX XXXX XXXXXXX : 000 DEER TRAIL LAKES XX 01 CITY : XXXXXXXXXXX STATE/ZIP : GA 30523 MORTGAGE AMOUNT : 244,200.00 OPTION TO CONVERT : UNPAID BALANCE : 244,018.76 ANNUAL RATE ADJUST: MONTHLY P&I : 1,707.49 OUTSIDE CONV DATE : LIFETIME RATE : 7.50000 MATURITY DATE : 02/01/28 CURRENT INT RATE: 7.50000 PRODUCT CODE : 002 LTV : 88.80000 ---------------------------------------------------------------- 0 0031142136 MORTGAGORS: BAKKER LESLEY XXXXXX XXXXRIK REGION CODE ADDRESS : 000 XXXXXXX XXXX 01 CITY : MEDIA STATE/ZIP : PA 19063 MORTGAGE AMOUNT : 256,500.00 OPTION TO CONVERT : UNPAID BALANCE : 256,294.88 ANNUAL RATE ADJUST: MONTHLY P&I : 1,728.09 OUTSIDE CONV DATE : LIFETIME RATE : 7.12500 MATURITY DATE : 02/01/28 CURRENT INT RATE: 7.12500 PRODUCT CODE : 002 LTV : 95.00000 ---------------------------------------------------------------- 0 0031142474 MORTGAGORS: BERNATH NOEL
Weekly Rate means the interest rate on the Bonds established in accordance with Section 2.03(b) hereof.
Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.
formal written price quotation means quotations referred to in paragraph 12 (1) (c) of this Policy;
Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.
Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.
Real-time Loss Price means the Loss Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.
Ask Price means the price at which the Company is willing to sell a CFD.