Applicable DART Rate Fee Adjustment definition

Applicable DART Rate Fee Adjustment means, with respect to any calendar year, (a) an increase of 0.50 basis points if the DART Rate in the relevant Pricing Certificate is greater than the DART Rate Threshold for such calendar year, (b) no reduction or increase if the DART Rate in the relevant Pricing Certificate is less than or equal to the DART Rate Threshold for such calendar year and greater than or equal to the DART Rate Target for such calendar year, and (c) a reduction of 0.50 basis points, if the DART Rate in the relevant Pricing Certificate is less than the DART Rate Target for such calendar year.
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Applicable DART Rate Fee Adjustment means, with respect to any calendar year, (a) an increase of 0.50 basis points if the DART Rate for such calendar year is greater than the DART Rate Threshold for such calendar year, (b) no reduction or increase if the DART Rate for such calendar year is less than or equal to the DART Rate Threshold for such calendar year and greater than or equal to the DART Rate Target for such calendar year, and (c) a reduction of 0.50 basis points, if the DART Rate for such calendar year is less than the DART Rate Target for such calendar year.
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Applicable DART Rate Fee Adjustment means, with respect to any calendar year, (a) an increase of 0.50 basis pointsa positive Fee Adjustment if the DART Rate (Three-Year Average) (or, in the case of the 2021 calendar year, the DART Rate) for such calendar year is greater than the DART Rate Threshold for such calendar year, (b) no reduction or increase if the DART Rate (Three-Year Average) (or, in the case of the 2021 calendar year, the DART Rate) for such calendar year is less than or equal to the DART Rate Threshold for such calendar year and greater than or equal to the DART Rate Target for such calendar year, and (c) a reduction of 0.50 basis points,negative Fee Adjustment if the DART Rate (Three-Year Average) (or, in the case of the 2021 calendar year, the DART Rate) for such calendar year is less than the DART Rate Target for such calendar year. “Applicable DART Rate Margin Adjustment” means, with respect to any calendar year, (a) an increase of 2.50 basis pointsa positive Margin Adjustment if the DART Rate (Three-Year Average) (or, in the case of the 2021 calendar year, the DART Rate) for such calendar year is greater than the DART Rate Threshold for such calendar year, (b) no reduction or increase if the DART Rate (Three-Year Average) (or, in the case of the 2021 calendar year, the DART Rate) for such calendar year is less than or equal to the DART Rate Threshold for such calendar year and greater than or equal to the DART Rate Target for such calendar year, and (c) a reduction of 2.50 basis points,negative Margin Adjustment if the DART Rate (Three-Year Average) (or, in the case of the 2021 calendar year, the DART Rate) for such calendar year is less than the DART Rate Target for such calendar year. Schedule I - 13 AmericasActive:16797229.116797229.4
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More Definitions of Applicable DART Rate Fee Adjustment

Applicable DART Rate Fee Adjustment means, with respect to any calendar year, (a) an increase of 0.50 basis points if the DART Rate for such calendar year is greater than the DART Rate Threshold for such calendar year,
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Applicable DART Rate Fee Adjustment means, with respect to any calendar year, (a) a positive Applicable KPI Fee Adjustment if the DART Rate for such calendar year is greater than the DART Rate Threshold for such calendar year, (b) zero basis points if the DART Rate for such calendar year is less than or equal to the DART Rate Threshold for such calendar year and greater than or equal to the DART Rate Target for such calendar year, and (c) a negative Applicable KPI Fee Adjustment if the DART Rate for such calendar year is less than the DART Rate Target for such calendar year.
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Related to Applicable DART Rate Fee Adjustment

  • Applicable Commitment Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • Expense Fee Rate As to each Mortgage Loan, a per annum rate equal to the sum of the Servicing Fee Rate and the Trustee Fee Rate.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Applicable Advance Rate For each Collateral Obligation and for the applicable number of Business Days between the certification date for a sale or participation required by Section 9.4 and the expected date of such sale or participation, the percentage specified below: Senior Secured Loans with a Market Value of: 90% or more of par 100 % 93 % 92 % 88 % Below 90% of par 100 % 80 % 73 % 60 % Other Collateral Obligations with a Xxxxx’x Rating of at least “B3” and a Market Value of 90% or more of par 100 % 89 % 85 % 75 % All other Collateral Obligations 100 % 75 % 65 % 45 %

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Substitute Reference Rate of Interest Adjustments means such adjustments as are determined by the Issuer to be consistent with enabling the correct functioning of the Substitute Reference Rate of Interest (which may include, without limitation, adjustments to the applicable screen page, Business Day Convention, the definition of Business Day, the Interest Determination Date, the Day Count Fraction or any method or definition for obtaining or calculating the Substitute Reference Rate of Interest).

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • LIBOR Rate Adjustment Date With respect to each Distribution Date, the second LIBOR Business Day immediately preceding the commencement of the related Interest Accrual Period.

  • Interest Rate Adjustment Event means the occurrence of any of the following:

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Program Fee Rate is defined in the Fee Letter.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.

  • Reference Interest Rate Replacement Adjustment means the first alternative set forth in the order below that can be determined by the Issuer or its designee as of the Reference Interest Rate Replacement Date:

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • L/C Fee Rate means the Applicable Margin with respect to LIBOR Rate Loans.

  • Maximum Applicable Rate with respect to APS, has the meaning set forth in Section 11.10(a)(vii) of these Bylaws.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Applicable Interest Rate means, (i) with respect to each Revolving Credit Advance and Term Loan Advance, the Eurodollar-based Rate or the Base Rate, and (ii) with respect to each Swing Line Advance, the Base Rate or, if made available to the Borrower by the Swing Line Lender at its option, the Quoted Rate, in each case as selected by the Borrower from time to time subject to the terms and conditions of this Agreement.