Discount Rate. For purposes of this Agreement, the term "Discount Rate" shall mean the applicable Federal short-term rate determined under Section 1274(d) of the Code or its successor. If such rate is no longer determined, the Discount Rate shall be the yield on 2-year Treasury notes for the most recent period reported in the most recent issue of the Federal Reserve Bulletin or its successor, or, if such rate is no longer reported therein, such measure of the yield on 2-year Treasury notes as the Company may reasonably determine.
Appears in 12 contracts
Samples: Supplemental Agreement (Interpublic Group of Companies, Inc.), Employment Agreement (Interpublic Group of Companies Inc), Amendment and Waiver Agreement (Interpublic Group of Companies Inc)
Discount Rate. For purposes of this Agreement, the term "Discount Rate" shall mean the applicable Federal short-term rate determined under Section 1274(d) of the Code or its successor. If such rate is no longer determined, the Discount Rate shall be the yield on 2-year Treasury notes for the most recent period reported in the most recent issue of the Federal Reserve Bulletin or its successor, or, if such rate is no longer reported therein, such measure of the yield on 2-year Treasury notes as the Company may reasonably determine. Section 5.9.
Appears in 5 contracts
Samples: Agreement (Interpublic Group of Companies Inc), Employment Agreement agreement (Interpublic Group of Companies Inc), Credit Agreement (Interpublic Group of Companies Inc)
