Rate Differential definition

Rate Differential means the percentage points added to LIBOR to equal the Rate, and shall be based upon the then-current Total Loans and Capital Leases to Net Worth Ratio of Borrowers according to the following schedule:

Rate Differential means, with respect to any Note Payment Date, the product of the following formula:

Rate Differential means an additional amount paid to a child care provider over and above the maximum base rate.

Examples of Rate Differential in a sentence

• The amount of Interest Rate Differential is variable and calculated by us and your account shall be debited or credited as the case may be with the relevant Interest Rate Differential.

• If you choose to pay out the outstanding balance of your closed term 6 Month Convertible Fixed Rate Mortgage during the renewal term, you will be subject to the Early Payout Penalty (which is the greater of the Interest Rate Differential Amount or Three Months Interest Cost), plus a Reinvestment Fee.

• All Policy Options foresee a widening and deepening of the scope of stakeholder consultation.

• This risk to capital growth is particularly relevant for Distributing (R) Shares as, for this Share Class, a material portion of any dividend payment may be made out of capital since the dividend is calculated on the basis of expected gross income plus Interest Rate Differential.

• Interest rates are subject to change which means that the Interest Rate Differential may reduce dividends.

More Definitions of Rate Differential

Rate Differential means, with respect to any Note Payment Date, the sum of all Daily Equivalents (calculated on the basis of a 360 day year consisting of twelve 30 day months) for the 30 day month to which such Note Payment Date relates.

Rate Differential means the absolute value of the difference between the Initial Rate and the Adjusted Rate.

Rate Differential means, for any year, (i) the excess, if any, of (a) the Effective Tax Rate for such year, over (b) the Special Effective Tax Rate for such year, divided by (ii) the Special Effective Tax Rate for such year.

Rate Differential means, with respect to any Note Payment Date, the sum of all Daily Equivalents (calculated on the basis of a 360-day year consisting of twelve 30-day months) for the 30-day month to which such Note Payment Date relates.

Rate Differential means the difference between the Applicable Rate and the Base Rate.

Rate Differential means the difference between the rates and charges calculated under the Alternate Rate Structure and the rates and charges calculated in accordance with the applicable terms and conditions of Articles V and VI (other than Section VI.J.).

Rate Differential shall be an interest rate per annum equal to the sum of (1) 9.65% MINUS (2) the Treasury Constant Maturity Yield Index published during the second full week preceding the date on which such breakage amount is payable for instruments having a maturity coterminous with the Maturity Date, plus (b) fifty (50) basis points (but in no event shall the Rate Differential be less than zero). "Treasury Constant Maturity Yield Index" shall mean the average yield for "This Week" as reported by the Federal Reserve Board in Federal Reserve Statistical Release H.15 (519). If there is no Treasury Constant Maturity Yield Index for instruments having a maturity coterminous with the Maturity Date, then the index shall be equal to the yield to maturity of the Treasury Constant Maturity Yield Indices with maturities next longer and shorter than such remaining average life to the Maturity Date, calculated by interpolating along the yield curve of such Treasury Constant Maturity Yield Indices in such manner as determined by the Agent in good faith to arrive at a Treasury Constant Maturity Yield Index that would be payable on an instrument having a maturity coterminous with the Maturity Date (and rounding upward to the nearest whole multiple of 1/100 of 1% per annum);