Marginal Rate definition

Marginal Rate. The maximum marginal effective tax rate (federal and state) for an individual residing in the State of California.
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Marginal Rate means, with respect to any Term Loan Bank, the maximum incremental percentage federal tax rate (expressed as a decimal) applicable to the taxable income of such Term Loan Bank.
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Marginal Rate is the highest net effective income tax rate (expressed as a fraction or decimal) payable on income by a resident of Suffolk County, New York State, on his or her taxable income for calendar year 2006 or 2007, as the case may be.
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Examples of Marginal Rate in a sentence

  • The Highest Marginal Rate Applicable to the Class A Member is [[***]%] The Class A Member desires to provide a DRO Notice in accordance with Section 12.3. The DRO Amount for all purposes of the Agreement is $[_______].

  • For purposes of this Article IX, the term Combined Marginal Rate of Tax shall mean an amount equal to the sum of the highest marginal rates of federal, state and local income taxes applicable to individuals residing in the state and city where the Grantee resides, giving effect to the deductibility for federal income tax purposes of state and local income taxes.

  • The flat rate contribution shall be determined by multiplying the Corporation's Pre-Incentive Income by the following percentages: Pre-Incentive Income Percentage Flat Rate Contribution $0 - $5,999,999 0 0 $6,000,000 and Over 13 $780,000 and Over 3.1B Marginal Rate Contribution.

  • For purposes of determining the Top Marginal Rate of Tax, the Administrator in his or her discretion shall determine the highest marginal individual federal and state income tax rates to be used (including without limitation whether, and if so to what extent, surtaxes or similar taxes shall be applicable, and what state income tax, if any, shall be applicable), and all such determinations and all calculations made by the Administrator hereunder shall be final.

  • The amount of such Cash Bonus shall be equal to the product obtained by multiplying the Fair Market Value (determined pursuant to paragraph (d) below) of the Unrestricted Shares evidenced by such certificate times a fraction, the numerator of which is an amount equal to the Combined Marginal Rate of Tax and the denominator of which is an amount equal to the excess of one (1) over the Combined Marginal Rate of Tax.

  • The amount of the Cash Bonus shall be equal to the product obtained by multiplying the Fair Market Value (determined pursuant to paragraph (d) below) of such shares times a fraction, the numerator of which is an amount equal to the Combined Marginal Rate of Tax and the denominator of which is an amount equal to the excess of one (1) over the Combined Marginal Rate of Tax.

  • For example, if the highest marginal individual federal and state income tax rates are 28% and 10% respectively and the state income tax is deductible for federal tax purposes, the Top Marginal Rate would be 35.2% as follows: [($1.00 x 10% = $.10 state income tax)] + [($.90 federal taxable income of $1.00 - $.10 state income tax) x 28% = $.252 federal income tax] = $.352 total state and federal tax, or 35.2%.

  • Notwithstanding anything to the contrary contained herein, in no event shall the aggregate amount the General Partner is required to contribute to the Company pursuant to this Section 4.7.1 exceed the aggregate for all taxable years of the product of (a) the aggregate amount of Net Losses allocated to the General Partner in any taxable year pursuant to Section 5.1.2(a) times (b) the Combined Marginal Rate (as hereinafter defined) for the taxable year immediately preceding the year of allocation.

  • Top Marginal Rate of Tax” shall be the highest combined marginal individual federal and state income tax rate, if any (giving effect to any deduction then allowable for federal tax purposes for the state income tax) for the year survivor benefits are paid to Executive’s Beneficiary under this Plan.

  • The flat rate contribution shall be determined by multiplying the Corporation's Pre-Incentive Income by the following percentages: Pre-Incentive Income Percentage Flat Rate Contribution $0 - $5,999.999 0 0 $6,000,000 and Over 15 $900,000 and Over 3.1B Marginal Rate Contribution.


More Definitions of Marginal Rate

Marginal Rate. The maximum marginal effective tax rate (federal and state) for an individual residing in the State of California. MHRI: MeriStar Hotels & Resorts, Inc.
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Related to Marginal Rate

  • additional rate means the additional rate levied by the City of Cape Town on rateable properties within the designated boundaries of the Special Rating Area for purposes of raising funds for improving and upgrading that area, subject to any exemptions or permissible differentiation between categories of property, as contemplated in section 22(1) of the Rates Act, read with sections 8(1) and 12(2) of the By-Law;

  • 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.

  • Marginal Tax Rate means the maximum marginal regular Federal individual income tax rate applicable to ordinary income or the maximum marginal regular Federal corporate income tax rate, whichever is greater.

  • ANNUAL RATE ADJUST: MONTHLY P&I : 1,758.65 OUTSIDE CONV DATE : LIFETIME RATE : 7.40000 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.40000 PRODUCT CODE : 002 LTV : 44.17300 ---------------------------------------------------------------- 0 0007659485 MORTGAGORS: XXXXXX XXXXX XXXXXX XXXXX REGION CODE ADDRESS : 3 WESTMINSTER 01 CITY : LAFAYETTE STATE/ZIP : XX 00000 MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT : UNPAID BALANCE : 287,119.66 ANNUAL RATE ADJUST: MONTHLY P&I : 1,994.06 OUTSIDE CONV DATE : LIFETIME RATE : 7.40000 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.40000 PRODUCT CODE : 002 LTV : 80.00000 ---------------------------------------------------------------- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,583,100.00 P & I AMT: 10,940.53 UPB AMT: 1,578,321.88 1 GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C ISSUE DATE: 04/01/98 P.O. BOX 5260 TMS AG0004980830 01 PAGE: 10 XXXXXX XXXX, X.X. 00000 (000) 000-0000 0 ---------------------------------------------------------------- 0 0007659493 MORTGAGORS: XXXXXX XXXXXX REGION CODE ADDRESS : 000 X XXXXX XXXXX XXX 01 CITY : ANAHEIM STATE/ZIP : XX 00000 MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT : UNPAID BALANCE : 378,849.94 ANNUAL RATE ADJUST: MONTHLY P&I : 2,644.02 OUTSIDE CONV DATE : LIFETIME RATE : 7.45000 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.45000 PRODUCT CODE : 002 LTV : 69.09000 ---------------------------------------------------------------- 0 0007659519 MORTGAGORS: XXXXXXX XXXXX REGION CODE ADDRESS : 000 XXXX XXXX 01 CITY : MILL VALLEY STATE/ZIP : XX 00000 MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT : UNPAID BALANCE : 246,329.49 ANNUAL RATE ADJUST: MONTHLY P&I : 1,717.11 OUTSIDE CONV DATE : LIFETIME RATE : 7.40000 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.40000 PRODUCT CODE : 002 LTV : 75.15100 ---------------------------------------------------------------- 0 0007659527 MORTGAGORS: XXXX XXXXXXX

  • Reference Rate means the rate specified as such hereon.

  • Initial Rate means each rate of interest to be paid in an Initial Period as set forth in the Certificate.

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • Annual Revenue Rate means the rate employed to assess a compliance penalty charge on a Curtailment Service Provider under Tariff, Attachment DD, section 11. Annual Transmission Costs:

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Current Rate means the applicable basic minimum wage rate for Local Workers by reason of any National or State Statute or Ordinance, prevailing on any date subsequent to the date 28 days prior to the latest date set for submission of Tenders.

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Bank by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage.

  • Curr Rate CLTV: Prin Bal: Maturity Date: Lien Pos: 4075415 AL 241 14 140052 50000 621.76 686 407541500000000 9 240 1 154000 12/01/2000 33 BIRMINGHAM 35215 2 14.000 124 50000 01/01/2021 2 4075418 CO 241 14 117805 67000 784.96 702 4075419 MD 300 14 87761 16000 200.29 662 407541900000000 8 299 1 92000 12/01/2000 20 BALTIMORE 21207 2 14.630 113 15994.74 12/01/2025 2 4075421 AL 180 14 110896 50000 678.51 681 407542100000000 6 179 1 150000 12/01/2000 00 XXXXXX XXXX 00000 2 14.380 108 49839.95 12/01/2015 2 4075460 AL 300 14 124000 50000 664.76 675 407546000000000 8 298 1 146000 11/22/2000 35 Meridianville 35759 2 15.630 120 49986.28 11/28/2025 2 4075484 FL 180 14 60764 50000 612.2 733 407548400000000 6 178 1 90393 11/06/2000 33 Xxxx Xxxxx 32444 2 12.380 123 49805.86 11/10/2015 2 4075515 MA 300 14 75075 31000 372.93 679 407551500000000 8 297 1 86000 10/03/2000 37 Clarksburg 1247 2 13.990 124 30976.81 10/11/2025 2 4075641 FL 181 14 144620 22000 294.83 694 407564100000000 6 178 1 160000 10/31/2000 39 Tallahasse 32308 2 14.130 105 21928.61 11/06/2015 2 4075710 VA 300 14 91911 22250 234.18 759 407571000000000 8 298 1 95000 11/06/2000 29 Xxxxxxxx Xxxxx 00000 2 11.990 121 22226.12 11/13/2025 2 4075759 IL 181 14 72639 34977 489.29 688 407575900000000 6 179 1 112900 11/24/2000 37 Xxxxxxx 60194 2 14.990 96 34853.23 12/01/2015 2 4075781 AL 241 14 212273 60000 757.03 680 407578100000000 9 239 1 247500 11/29/2000 38 Blountsville 35031 2 14.250 111 59902.5 12/04/2020 2 4075867 MD 301 14 128025 44400 526 714 407586700000000 8 298 1 147000 10/26/2000 37 Brandywine 20613 2 13.750 118 44365.31 11/01/2025 2 4075949 MD 300 14 100354 35000 378.36 737 407594900000000 8 298 1 120000 11/14/2000 00 Xxxxx Xxxx 00000 2 12.380 113 34963.33 11/20/2025 2 4075984 OK 181 14 61581 15000 187.33 747 407598400000000 6 179 1 77000 11/17/2000 36 CHELSEA 74016 2 12.750 100 14937.62 12/01/2015 2 4075986 KS 180 14 56000 19084.83 250.96 710 407598600000000 6 178 1 61200 11/08/2000 29 Schoenchen 67667 2 13.750 123 19050.13 11/15/2015 2 4076005 PA 181 14 100184 15000 208.66 673 407600500000000 6 178 1 105800 10/23/2000 48 Littlestown 17340 2 14.880 109 14954.28 11/01/2015 2

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Base Rate means, for any day, the rate per annum equal to the higher of (a) the Federal Funds Rate for such day plus one-half of one percent (0.5%) and (b) the Prime Rate for such day. Any change in the Base Rate due to a change in the Prime Rate or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate or Federal Funds Rate.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • 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.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • SOFR Rate means the rate that will be obtained by the Paying Agent for each Interest Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, means, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • EURIBOR Rate has the meaning specified in the definition of “Eurocurrency Rate”.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • U.S. Base Rate means, for any day, the greater of: