Examples of Applicable Discount Rate in a sentence
If any Pre-IPO Tax Asset is treated as being used pursuant to this Section 4.2(g), TODCO shall, in accordance with Section 5, pay to Holdings (or another member of the Transocean Tax Group designated by Holdings pursuant to Section 5.5) the amount equal to the product of (x) the value of such Pre-IPO Tax Asset and (y) the Applicable Discount Rate for the year in which the Tax Return including such Pre-IPO Tax Asset is treated as being filed.
In such case, TODCO shall, in accordance with Section 5, pay to Holdings (or another member of the Transocean Tax Group designated by Holdings pursuant to Section 5.5) the amount equal to the product of (x) the value of all unused Pre-IPO Tax Assets and (y) the Applicable Discount Rate for the year in which the Tax Return including such Pre-IPO Tax Assets is treated as being filed.
The Alternative Payment shall be calculated by adjusting the Applicable Discount Rate and the Applicable Base Payment (as such terms are defined in Exhibit D) set forth in the Put Payment Formula (the "Interim Adjustments") as of a date (the "Interim Adjustment Date") that is (i) for the Qualifying Projects (other than the Late Qualifying Projects), 90 days after date of the Interim Adjustment Election and (ii) for any Late Qualifying Project, the Late Qualifying Adjustment Date.
For any applicable tranche of the Equity Units, the Applicable Discount Rate shall be calculated as the sum, on the valuation date, of: • the yield to maturity on the U.S. Treasury security maturing closest to the applicable Stock Purchase Date; • plus the yield to maturity on MetLife’s 6.75% notes due 2016 (cusip no.
The Applicable Discount Rate for the Florida Project will equal the most recent yield, prior to the Stop Date, on the Stripped Principal of U.S. Treasury Bonds with a maturity closest to 10 years, as quoted by Bloomberg, or if unavailable, a similar source, plus a risk premium of 6.5 percent.