Plan Rate definition

Plan Rate means a rate of interest of five percent (5%) per annum.

Plan Rate means simple interest at the rate of seven percent (7%) per annum.

Plan Rate means interest at the non-default contract interest rate provided for in the documents applicable to the Claim of the creditor for whom the term Plan Rate is applicable. If a creditor has more than one Allowed Claim with different documents providing for different non-default contract interest rates for each such Allowed Claim, then the Plan Rate shall be calculated at the non-default contract interest rate applicable to each separate component of such creditor's Allowed Claim.

Examples of Plan Rate in a sentence

• Each Unsecured Cash Flow Note shall be dated as of the Effective Date, bear interest at the Plan Rate and shall mature on that date that is the three (3) years after the Effective Date.

• Adopting an elected rate may create a cushion in the event the plan has negative experience and may make budgeting easier.Retirement Plan Rate This is the greater of the required or elected rate.

• If the Contractor discovers any ambiguity, error, omission, conflict, or discrepancy, Special Provision Section 101.3.6 Priority of Contract Documents shall control.

• Medicaid State Plan Rate Year means the 12-month period defined by a State's approved Medicaid State plan in which the State estimates eligible uncompensated care costs and determines corresponding disproportionate share hospital payments as well as all other Medicaid payment rates.

• The State Plan Year (or State Plan Rate Year or SPY) is equivalent to the Federal Fiscal Year and runs from October 1 to September 30 of each year.

More Definitions of Plan Rate

Plan Rate means the greater of five percent (5%) or the Till Rate used by this

Plan Rate means an annual rate of interest equal to the weekly average 1- year constant maturity Treasury yield, as published by the Board of Governors on the Petition Date.

Plan Rate means the interest rate available on ninety (90) day United States Treasuries on the Effective Date, but in no event greater than 7.0% per annum.

Plan Rate means the rate at which Post-Petition Interest is calculated on the Allowed Amount of a Claim, which under the Plan is the federal judgment rate in accordance with section 1961 of title 28 of the United States Code.

Plan Rate means a rate of simple interest equal to three percent (3%) per annum.

Plan Rate means interest at a rate of five (5%) percent per annum.

Plan Rate means a simple interest rate of 4% per annum