Cost of funds will apply as a fallback" is specified in the Compounded Rate Terms, then Clause 13.3 (Cost of funds) shall apply to that Loan for that Interest Period.
Cost of funds as a fallback Cost of funds will apply as a fallback. Definitions
Cost of. INSURANCE The Cost of Insurance is determined on the Monthly Date and is computed as follows:
Examples of Cost of in a sentence
In the event that the National Cost of Funds Index for neither the third nor fourth calendar months preceding an Interest Accrual Period has been published on or before the related Outside Reference Date, then for such Interest Accrual Period and for each succeeding Interest Accrual Period, the Index shall be LIBOR, determined in the manner set forth below.
On the Date of Completion of a Project, the balance in the related Series Acquisition and Construction Account not reserved for the payment of any remaining part of the Cost of the Project shall be transferred by the Escrow Agent to the credit of the Series Redemption Account, and used for the purposes set forth for such Account in the Supplemental Indenture relating to such Series of Bonds.
Payments of the Cost of constructing and acquiring a Project shall be made from the Acquisition and Construction Fund as herein provided.
On the Date of Completion, the balance in the Series Acquisition and Construction Account not reserved by the Issuer for the payment of any remaining part of the Cost of acquiring or constructing the Project shall be applied in accordance with the provisions of Section 404 hereof.
Windstorm Coverage will be written in an amount not less than the Replacement Cost of the Mortgaged Property.
More Definitions of Cost of
Cost of funds” in relation to its participation in the Loan is a reference to the average cost (determined either on an actual or a notional basis) which that Lender incur or would incur if it were to fund, from whatever source(s) it may reasonably select, an amount equal to the amount of that participation in the Loan for a period equal in length to the Interest Period of the Loan;
Cost of funds will apply as a fallback" is specified in the applicable SOFR Rate Terms for that Daily Simple SOFR Rate Loan, then Clause 12.5 (Cost of funds) shall apply to that Loan for that Interest Period.
Cost of. INSURANCE The Cost of Insurance is determined on the Monthly Date. The cost for the Face Amount and for each increase in Face Amount is computed separately. It is computed as follows: - Divide the Death Benefit on the first day of the contract month by 1 plus the Guaranteed Monthly Equivalent Interest Rate shown on the Contract Information page; - Reduce the result by the Account Value on that day before computing the Monthly Deduction for the Cost of Insurance; and - Multiply the difference by the Cost of Insurance Rate for that month divided by 1000. COST OF INSURANCE RATE The Cost of Insurance Rate is the rate applied to the insurance under this contract to determine the Cost of Insurance. It is based on the Attained Age, sex and rating classification of the Insured. The Cost of Insurance Rate will not be greater than the guaranteed rates shown in the Table of Guaranteed Maximum Monthly Cost of Insurance Rates as shown on the Contract Information pages. MONTHLY DEDUCTION A Monthly Deduction is made for the Cost of Insurance, Contract Fee and the cost of any Additional Benefit Agreements. The Monthly Deduction for a contract month will be calculated by adding: - the Contract Fee shown on the Contract Information page; - the Cost of Insurance for the contract month; and - the Monthly Deduction of any Additional Benefit Agreements. The Monthly Deduction for a contract month will be allocated among the Fixed Account and the sub-accounts of the Separate Account in proportion to the Account Value in each account. When determining these proportions, the Account Values are used net of any Indebtedness at the beginning of the month. INTEREST RATES The Guaranteed Interest Rate for the Fixed Account is shown on the Contract Information page. Interest rates are expressed as effective annual rates. The rate is compounded daily and is used to calculate Account Values of the Fixed Account. We may credit interest in excess of the Guaranteed Interest Rate. Such excess interest will be at Our sole discretion. The Account Value allocated to the Fixed Account will be guaranteed and the rate of interest will be guaranteed for at least the balance of the contract year. We determine interest rates in accordance with market conditions and other factors. We may change the rate guaranteed on new allocations at any time. This may cause the guaranteed interest rate on Account Values at the beginning of a contract year to differ from the guaranteed rate on values transferred in at ...
Cost of funds" means the per annum rate of interest which the Bank is required to pay, or is offering to pay, for wholesale liabilities, adjusted for reserve requirements and such other requirements as may be imposed by federal, state or local government and regulatory agencies, as determined by the Bank or any affiliate thereof.
Cost of transportation and services” was changed from “Cost of purchased transportation and services” to accommodate the inclusion of ND’s trucking fleet costs within the unaudited pro forma condensed combined statement of operations. The costs included within the XPO historic column remain the same as originally reported. XPO Logistics, Inc. Unaudited Pro Forma Condensed Combined Statement of Operations For the Three Months Ended March 31, 2014 (In millions, except per share data) XPO ND Pro Forma Adjustments 5(a) New Breed Pro Forma Adjustments 7(a) Pacer Pro Forma Adjustments 9(a) Pro Forma Combined Historic Historic 4(a) Historic Historic Revenue $ 282.4 $ 1,487.3 $ — $ 144.2 $ — $ 235.5 $ — $ 2,149.4 Operating expenses Cost of transportation and services(a) 224.0 780.2 — — — 185.2 — 1,189.4 Direct operating expense 4.0 548.5 2.5 (1)(2)(9)(10)(11) 120.4 5.3 (1)(7)(8)(9)(11) 22.0 (0.8 ) (1)(5)(6)(7) 701.9 Sales, general and administrative expense 75.8 125.5 28.4 (1)(2)(8) 13.1 (1.5 ) (1)(2)(10)(12)(13) 47.6 (12.8 ) (1)(2)(7)(8)(9) 276.1 Total operating expenses 303.8 1,454.2 30.9 133.5 3.8 254.8 (13.6 ) 2,167.4 Operating (loss) income (21.4 ) 33.1 (30.9 ) 10.7 (3.8 ) (19.3 ) 13.6 (18.0 ) Other expense (income) 0.1 1.9 — — — (0.3 ) — 1.7 Interest expense 10.1 10.3 32.5 (1)(5)(6)(7) 4.7 5.4 (5)(6) 0.3 (0.1 ) (4) 63.2 (Loss) income before income tax provision (31.6 ) 20.9 (63.4 ) 6.0 (9.2 ) (19.3 ) 13.7 (82.9 ) Income tax (benefit) provision (3.3 ) 9.3 (18.1 ) (3) 2.2 (3.6 ) (3) (3.8 ) 7.7 (3) (9.6 ) Net (loss) income (28.3 ) 11.6 (45.3 ) 3.8 (5.6 ) (15.5 ) 6.0 (73.3 ) Net (loss) income available to common shareholders $ (29.1 ) $ 10.5 $ (45.3 ) $ 3.8 $ (5.6 ) $ (15.5 ) $ 6.0 $ (75.2 ) Basic loss per share Net loss $ (0.70 ) $ (0.93 ) Diluted loss per share Net loss $ (0.70 ) $ (0.93 ) Weighted average common shares outstanding Basic weighted average common shares outstanding 41.3 28.0 (4) 11.8 (4) — 81.1 Diluted weighted average common shares outstanding 41.3 28.0 (4) 11.8 (4) — 81.1 See accompanying notes to the Unaudited Pro Forma Condensed Combined Financial Statements.
Cost of funds will apply as a fallback” is specified in the Reference Rate Terms,
Cost of valuation The Borrower shall be liable for all costs and expenses incurred by the Lender in obtaining all valuations to be provided pursuant to this Clause, such valuations to be provided by the Borrower (i) semi-annually throughout the Facility Period at a time which shall coincide with the provision of the Compliance Certificate in accordance with Clause 13.1.3 and 13.1.2 (the first such valuation to be provided within six (6) months after the Signing Date) and (ii) if requested by the Lender, semi-annually throughout the Facility Period commencing six (6) months after the Next Rollover Date, unless there is an Event of Default in which case the Borrower shall be liable for all costs and expenses incurred by the Lender in obtaining any number of valuations required by it pursuant to Clause 11.11 and shall reimburse the Lender in respect of all such costs and expenses on demand.”;