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.
Sample 1Sample 2
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,
Sample 1

More Definitions of Applicable DART Rate Fee Adjustment

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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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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Related to Applicable DART Rate Fee Adjustment

  • Applicable Commitment Fee Rate means:

  • 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, the sum of (a) the related Servicing Fee Rate and (b) 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: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *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 Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • 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.

  • 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 has the meaning set forth 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: Applicable Pricing Level Margin 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.C.

  • 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 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(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 with respect to each Letter of Credit at any date, the applicable percentage per annum set forth below based upon the Status on such date: Level I Level II Level III Level IV Level V Level VI Status Status Status Status Status Status ------ ------ ------ ------ ------ ------ 0.45% 0.50% 0.60% 0.70% 0.90% 1.20%

  • 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 the rate of interest prescribed under the Act from time to time;

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Applicable Reference Rate means with respect to any Loan made in any currency, the rate indicated on Annex II under the heading “Applicable Reference Rate” for such currency.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).