Reimbursement Rate shall have the meaning assigned to such term or the term “Advance Rate” or an analogous term in the Servicing Agreement.

Reimbursement Rate. The rate per annum applicable to the accrual of Advance Interest, which rate per annum is equal to the “prime rate” published in the “Money Rates” section of The Wall Street Journal, as such “prime rate” may change from time to time. If The Wall Street Journal ceases to publish the “prime rate”, then the Certificate Administrator, in its sole discretion, shall select an equivalent publication that publishes such “prime rate”; and if such “prime rate” is no longer generally published or is limited, regulated or administered by a governmental or quasi-governmental body, then the Certificate Administrator shall select a comparable interest rate index. In either case, such selection shall be made by the Certificate Administrator in its sole discretion and the Certificate Administrator shall notify the Master Servicer and the Special Servicer in writing of its selection.

Examples of Reimbursement Rate in a sentence

REVISED FUNDING TABLE Fund Source Federal Funds Amount Reimbursement Rate Non-Federal Match $ Non-Federal Match Rate STP-DA (#6569) $2,500,000 50% $2,500,000 50% STBGDA (#11173) $10,000,000 50% $10,000,000 50% Total Project Funding $25,000,000 Except as hereinabove provided, the Agreement heretofore executed by the Department and the Municipality on 8/22/2016, is ratified and affirmed as therein provided.
Consultant’s travel occurring while performing agreed-upon tasks or at the explicit request of Town will be billed at the Privately Owned Vehicle (POV) Mileage Reimbursement Rate published by the US.

More Definitions of Reimbursement Rate

Reimbursement Rate means the rate per annum applicable to the accrual of interest on Servicing Advances and P&I Advances, which rate per annum shall equal The “Prime Rate” as published in the “Money Rates” section of the New York City edition of the Wall Street Journal (or, if such section or publication is no longer available, such other comparable publication as determined by the Certificate Administrator in its reasonable discretion) as may be in effect from time to time, or, if the “Prime Rate” no longer exists, such other comparable rate (as determined by the Certificate Administrator in its reasonable discretion) as may be in effect from time to time.

Reimbursement Rate. The rate per annum applicable to the accrual of Advance Interest, which rate per annum is equal to the “prime rate” published in the “Money Rates” section of The Wall Street Journal, as such “prime rate” may change from time to time. If The Wall Street Journal ceases to publish the “prime rate”, then the Certificate Administrator, in its sole discretion, shall select an equivalent publication that publishes such “prime rate”; and if such “prime rate” is no longer generally published or is limited, regulated or administered by a governmental or quasi-governmental body, then the Certificate Administrator shall select a comparable interest rate index. In either case, such selection shall be made by the Certificate Administrator in its sole discretion and the Certificate Administrator shall notify the Master Servicers and the Special Servicers in writing of its selection.

Reimbursement Rate. The rate per annum applicable to the accrual of Advance Interest, which rate per annum shall be equal to the "prime rate" as published in the "Money Rates" section of The Wall Street Journal, as such "prime rate" may change from time to time.

Reimbursement Rate shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement, but in no case shall be greater than the “Reimbursement Rate” as defined in the Approved Sample PSA.

Reimbursement Rate shall have the meaning assigned to such term or analogous term in the Lead Securitization Servicing Agreement.

Reimbursement Rate. The rate per annum applicable to the accrual of interest on Servicing Advances in accordance with Section 3.03(d) and P&I Advances in accordance with Section 4.03(d), which rate per annum shall equal the "Prime Rate" published in the "Money Rates" section of The Wall Street Journal (or, if such section or publication is no longer available, such other comparable publication as determined by the Trustee in its reasonable discretion) as may be in effect from time to time, or, if the "Prime Rate" no longer exists, such other comparable rate (as determined by the Trustee in its reasonable discretion) as may be in effect from time to time.