Interest Factor definition

Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

Interest Factor means monthly compounding or discounting, as applicable, at 7.89% percent per annum.

Interest Factor means monthly compounding or discounting, as applicable, at seven percent (7%) per annum.

Examples of Interest Factor in a sentence

• Explanation of Accrued Interest Factor In other words, if we assume a level stream of capital expenditures by the City throughout the year, and if we assume an annual interest rate of 1.2% (representing the City's foregone interest earnings), and if we assume that the City completes its year-end project accounting and bills Jamestown by March 31 of the following year, then then a 0.75% markup on the Capital Cost Share will approximately compensate the City for accrued interest.

• In the event of a Change in Control, the Bank shall transfer to the rabbi trust within thirty (30) days prior to such Change in Control, the present value (applying the Interest Factor applicable to a Change in Control) of an amount sufficient to fully fund the Yearly Benefit Amount for each Executive covered by this Plan.

• If after determination of the Phase IIB Fair Market Value, the Leasehold Acquisition Fee is greater than the sum of the Deemed Leasehold Acquisition Fee Payment and the Interest Factor (such a difference, a “Shortfall Amount”), Phase IIB Developer shall pay to the Authority from, and to the extent of, Net Sale Profit (if any) the Shortfall Amount (the “Shortfall Amount Rent Payment”) as part of the First Sale Profit Payment as set forth herein.

• However, if after determination of the Phase IIB Fair Market Value, the Leasehold Acquisition Fee is less than the sum of the Deemed Leasehold Acquisition Fee Payment and the Interest Factor (such a difference, an “Excess”), then a credit equal to the Excess amount and all interest thereon shall be allocated by the Authority to the Leasehold Acquisition Fee for Phase IIC, provided that if Phase IIC does not go forward the Excess shall constitute part of the Authority’s liquidated damages.

• The amount of accrued interest that we will pay for any Interest Period can by calculated by multiplying the face amount of the applicable series of Notes then outstanding by an accrued Interest Factor (as defined below).

More Definitions of Interest Factor

Interest Factor shall be equal to one (1) plus three (3) times the rate of earnings of the Executive's account under such plan for the fiscal year ending immediately prior to his termination.

Interest Factor means six percent (6%) or such other rate as is reasonably determined by the Board of Directors from time to time.

Interest Factor means the interest rate determined by the formula (1 + i)(1/12) - 1, where “i” equals the yield on 30-year Treasury Bonds as published in the Federal Reserve Statistical Release H.15 for the end of the third full business week of the month prior to the beginning of the calendar quarter for which the monthly accrual is being applied, but not more than an annual percentage rate of 9% and not less than an annual percentage rate of 4%.

Interest Factor unless specifically designated otherwise in this Subsection or in another place in this Plan, means monthly compounding or discounting, as applicable, at six percent (6%). For purposes of determining the present value of the amount necessary to contribute to a rabbi trust to fund Executive’s benefit in the event of a Change in Control, the Interest Factor shall mean 120% of the semiannual applicable federal rate (AFR) as determined under Code Section 1274(d).

Interest Factor has the meaning provided in Section 2.04(a).

Interest Factor for a Floating Rate Note for each day in an Interest Accrual Period for such Floating Rate Note shall be computed by dividing the Interest Rate applicable to such day by 360, in the case of Commercial Paper Rate Notes, LIBOR Notes and Prime Rate Notes, or by the actual number of days in the year, in the case of Treasury Rate Notes.

Interest Factor means monthly compounding or discounting, as applicable, at a rate determined annually in accordance with the following: the Interest Factor shall be equal to the greater of (i) eight percent (8%) or (ii) the annual rate of return on equity for the Bank for the immediately preceding year minus five percent (5%), provided, however, that '(ii)' shall only be applicable if the Bank's tier one capital ratio is equal to or greater than the well capitalized ratio, currently at six percent (6%).