Appropriate Discount Rate definition

Appropriate Discount Rate means (i) for the periods prior [effective date of this agreement], the approved rates by the MWSS; and (ii) from [effective date of this agreement date], is equal to nominal twelve percent (12%).
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Appropriate Discount Rate means (i) for the periods prior to [effective date of this agreement], the approved rates by the MWSS; and (ii) from [effective date of this agreement date], is equal to nominal twelve percent (12%).
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Appropriate Discount Rate means (i) for the periods prior to effective date of the RCA, the approved rates by the MWSS; and (ii) from effective date of the RCA, is equal to nominal twelve percent (12%).
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Examples of Appropriate Discount Rate in a sentence

  • Determination of an Appropriate Discount Rate Based on our analysis of EUPA, its history, growth prospects, as well as current market conditions and the risks associated with achieving the projected financial results.

  • Discounted Cash Flow Analysis Determination of an Appropriate Discount Rate (cont'd) Alternate investment opportunities with varying risk profiles were considered and compared to the risk of an investment in the Company.

  • The Historical Cash Flows(“HCF”) of each Concessionaire is established and, using the preceding Rate Rebasing’s approved Appropriate Discount Rate (“ADR”), the Net Present Value (“NPV”) of the Opening Cash Position (“OCP”) is determined.

  • From the foregoing, the Historical Cash Flows (“HCF”) of each Concessionaire is established and, using the preceding Rate Rebasing’s approved Appropriate Discount Rate (“ADR”), the Net Present Value (“NPV”) of the Opening Cash Position (“OCP”) is calculated.

  • The Regulatory Oflce erred in its computation of the Appropriate Discount Rate.

  • Determination of Appropriate Discount Rate in Measuring Lease Liabilities The Company measures its lease liabilities at present value of the lease payments that are not paid at the commencement date of the lease contract.

  • Moreover, the Concessionaires are given premium in the form of the Appropriate Discount Rate (ADR) for these expenses.

  • In other words, the SOC rate is a shadow or DOI: 10.2202/2152-2812.1093 2Szekeres: Comment on Appropriate Discount Rate for BCA social discount rate obtained as a weighted average of observed interest rates.While the motivation implied in these arguments is entirely correct, the practical recommendation that Burgess and Zerbe propose is not.

  • Tax Shields, the Weighted Average Cost of Capital, and the Appropriate Discount Rate for a Project with a Finite Useful Life.

  • Source of FundConclusion: Appropriate Discount Rate for evaluating the financial feasibility of the project is the Weighted Average Cost of Capital of 13.56%.


More Definitions of Appropriate Discount Rate

Appropriate Discount Rate means such rate of return as, at the time at which the appropriate discount rate falls to be applied from time to time, investors and creditors would reasonably expect of a properly managed company holding this Project Licence whose sole business consists of performing the Project and, without excluding other considerations which may also be relevant, having its equity share capital listed on The International Stock Exchange of the United Kingdom and the Republic of Ireland [London Stock Exchange plc], and the same appropriate discount rate shall be applied for all purposes in determining questions subject of the same reference (including questions determined by the Authority under paragraph 12 of Condition B (Allowed Revenue) when it 31 Some definitions may change once the project documents have been finalised.determines questions referred to it by the Infrastructure Provider under paragraph 11 of Condition B (Allowed Revenue));
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Appropriate Discount Rate means, at any time, the real (i.e., not inflation
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Appropriate Discount Rate means, at any time, the real (i.e., not inflation adjusted) weighted average cost of capital (after taxes payable by the concession business). In determining the Appropriate Discount Rate, the Regulatory Office shall apply conventional and internationally accepted methods, and in particular shall make estimates of the costs of debt in domestic and international markets, the cost of equity for utility business in the Philippines and abroad shall make adjustments to such estimates to reflect country risk, exchange rate risk and any other project risks. The Regulatory Office, at its sole discretion, may consider the Concessionaire's rate of return, either stated or implied in its Best and Final Offer, in determining the Appropriate Discount Rate. Following the above, the Rebasing Adjustment is determined. The determination procedure is outlined in Sections 9.4.2 of the CA, which states the following:
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Appropriate Discount Rate means, at any time, the real (i.e., not inflation adjusted) weighted average cost of capital (after taxes payable by the concession business). In determining the Appropriate Discount Rate, the Regulatory Office shall apply conventional and internationally accepted methods, and in particular shall make estimates of the cost of debt in domestic and international markets, the cost of equity for utility businesses in the Philippines and abroad and shall make adjustments to such estimates to reflect country risk, exchange rate risk and any other project risks.
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Related to Appropriate Discount Rate

  • BA Discount Rate means:

  • Discount Rate means the rate used by the Plan Administrator for determining the Accrual Balance. The initial Discount Rate is six percent (6%). However, the Plan Administrator, in its discretion, may adjust the Discount Rate to maintain the rate within reasonable standards according to GAAP and/or applicable bank regulatory guidance.

  • Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).

  • Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • BA Discount Proceeds means, in respect of any Bankers' Acceptance, an amount calculated on the applicable Drawdown Date which is (rounded to the nearest full cent, with one-half of one cent being rounded up) equal to the face amount of such Bankers' Acceptance multiplied by the price, where the price is calculated by dividing one by the sum of one plus the product of (i) the BA Discount Rate applicable thereto expressed as a decimal fraction multiplied by (ii) a fraction, the numerator of which is the term of such Bankers' Acceptance and the denominator of which is 365, which calculated price will be rounded to the nearest multiple of 0.001%.

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Applicable Treasury Rate means the weekly average for each Business Day during the most recent week that has ended at least two Business Days prior to the redemption date of the yield to maturity at the time of computation of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H. 15 (or, if such statistical release is not so published or available, any publicly available source of similar market data selected by the Company in good faith)) most nearly equal to the period from the redemption date to May 1, 2022; provided, however, that if the period from the redemption date to May 1, 2022 is not equal to the constant maturity of a United States Treasury security for which a yield is given, the Applicable Treasury Rate shall be obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the yields of United States Treasury securities for which such yields are given, except that if the period from the redemption date to such applicable date is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used.

  • Prepayment Rate means the bond equivalent yield (in the secondary market) on the United States Treasury Security that as of the Prepayment Rate Determination Date has a remaining term to maturity closest to, but not exceeding, the remaining term to the Maturity Date, as most recently published in the "Treasury Bonds, Notes and Bills" section in The Wall Street Journal as of the date of the related tender of the payment. If more than one issue of United States Treasury Securities has the remaining term to the Maturity Date referred to above, the "Prepayment Rate" shall be the yield on the United States Treasury Security most recently issued as of such date. If the publication of the Prepayment Rate in The Wall Street Journal is discontinued, Lender shall determine the Prepayment Rate on the basis of "Statistical Release H.15(519), Selected Interest Rates," or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as Lender may reasonably select. "PREPAYMENT RATE DETERMINATION DATE" shall mean the date which is five (5) Business Days prior to the prepayment date.

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit N.

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount Price means the product of (i) the price per share of Capital Stock sold in an Equity Financing and (ii) 100% less the Discount.

  • Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Solicited Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.05(a)(v)(C) substantially in the form of Exhibit M-4.

  • Specified Discount Prepayment Response means the irrevocable written response by each Term Lender, substantially in the form of Exhibit K, to a Specified Discount Prepayment Notice.

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Money Market Absolute Rate has the meaning set forth in Section 2.3(d).

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Preferred Shares.