Payment Rate definition

Payment Rate means the rate (expressed in €/MWh, €/Mvarh or €/MWs2h as appropriate) for the calculation of payments for DS3 System Services as specified in the Charging Statement;

Payment Rate means the rate of compensation at which the Insured is indemnified, as determined by AFSC.

Payment Rate means the rate defined as such in Section 4.1 of this Agreement.

Examples of Payment Rate in a sentence

• Progress payments shall be made at the rate shown in the heading of this AGREEMENT, under "Overhead Progress Payment Rate." Total overhead payment shall be based on the method shown in the heading of the AGREEMENT.

• During any month, the “Minimum Monthly Capacity Payment” shall equal the amount determined by the following formula: Minimum Monthly Capacity Payment = CC × 1000 × CPR × [●%], where: CC = the Contract Capacity; CPR = Capacity Payment Rate; and % = [●].

• All amounts due for payment by any Seller or Servicer to the Purchaser pursuant to this Agreement shall accrue interest at the Overdue Payment Rate from the date on which payment thereof is due until the date on which payment thereof is made in accordance with the terms of this Agreement.

More Definitions of Payment Rate

Payment Rate. For any Collection Period in which a Take-Out does not occur, the ratio, expressed as a percentage, the numerator of which is equal to Collections received during such Collection Period and the denominator of which is equal to the Aggregate Outstanding Eligible Loan Net Balance as of the first day of such Collection Period. For the avoidance of doubt, the Payment Rate will not be required to be calculated for any Collection Period in which a Take-Out occurs.

Payment Rate means the ratio (expressed as a percentage and rounded upward to the nearest 1/100th of 1%) computed as of the last day of each Collection Period by dividing [*];

Payment Rate means the rate determined under section 50-24.4-06.

Payment Rate means, at any time of determination, the ratio (expressed as a percentage) of (a) the total amount of Collections that reduce the Outstanding Balance on the Receivables during such Fiscal Month to (b) the aggregate Outstanding Balance of Receivables as of the inception of such Fiscal Month.

Payment Rate means, for any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Collections of Receivables during such Monthly Period and the denominator of which is the aggregate amount of Receivables outstanding as of the first day of such Monthly Period.

Payment Rate means 4.55%. Assuming the Notes are not automatically called by the Bank and the applicable Index Return is equal to or greater than the Payment Threshold on each Valuation Date in a given year, the effective annual Payment Rate would be 9.10% in such year.

Payment Rate means, for any Collection Period, the percentage equivalent of a fraction, the numerator of which is equal to the amount of all cash Collections during such Collection Period and the denominator of which is equal to the average amount of Receivables outstanding during the prior Collection Period.