Calculated Rate definition

Calculated Rate shall have the meaning assigned to it in Section 2.2(a) hereof.

Calculated Rate means, as of any date of determination, the applicable percentage referenced in the table below during the time period opposite each such percentage with respect to the portion of the outstanding unpaid principal balance of the Loan opposite each such percentage: From Fifth Amendment Effective Date to September 20, 2018 Equal to or less than the sum of $10,000,000 less the then outstanding principal balance of the Inventory Loan 4.50% From Fifth Amendment Effective Date to September 20, 2018 Greater than the sum of $10,000,000 less the then outstanding principal balance of the Inventory Loan, but less than or equal to the sum of $19,000,000 less the then outstanding principal balance of the Inventory Loan 4.00% From Fifth Amendment Effective Date to September 20, 2018 Greater than the sum of $19,000,000 less the then outstanding principal balance of the Inventory Loan 3.50% From September 21, 2018 and thereafter Equal to or less than the sum of $15,000,000 less the then outstanding principal balance of the Inventory Loan 3.00% From September 21, 2018 and thereafter Greater than the sum of $15,000,000 less the then outstanding principal balance of the Inventory Loan 2.75% 

Calculated Rate. – means the rate of interest, equal to the sum of: (a) two hundred fifty basis points (2.50%) plus (b) the Benchmark then in effect.

Examples of Calculated Rate in a sentence

• If Lenders are prevented from charging or collecting interest at the Calculated Rate, then the interest rate shall continue to be the Maximum Rate until such time as Lenders have charged and collected the full amount of interest that would be chargeable and collectable if interest at the Calculated Rate had always been lawfully chargeable and collectible.

• The percentage will be determined in accordance with the following fraction: (Legislative appropriations / (The Sum of Each Facility’s Calculated Rate Multiplied by Each Facility’s Proportional Share of the Anticipated (Budgeted) Case Load for All Freestanding Nursing Facilities)).

• All such payments of interest shall be made on each Payment Date for the immediately preceding calendar month in accordance with Section 2.5. If Lenders are prevented from charging or collecting interest at the Calculated Rate, then the interest rate shall continue to be the Maximum Rate until such time as Lenders have charged and collected the full amount of interest that would be chargeable and collectable if interest at the Calculated Rate had always been lawfully chargeable and collectible.

• If Developer distributes Licensed Game as part of a software bundle (i.e., two or more different games in a single box or transacted as a single digital sale), the Fig Share shall be calculated by totaling the number of games in the bundle, dividing this number into the total Gross Receipts received by Developer for such bundle, and multiplying the result by the applicable Calculated Rate.

• If there are multi-tier Calculated Rate, Developer shall aggregate the software bundle units of each game (including the Licensed Game) to the stand-alone unit sales of such game to determine which Calculated Rate shall apply.

More Definitions of Calculated Rate

Calculated Rate means the rate effective July 1, 1999 and each July 1 thereafter for:

Calculated Rate means, as of any date of determination, the applicable percentage referenced in the table below during the time period opposite each such percentage with respect to the portion of the outstanding unpaid principal balance of the Loan opposite each such percentage: From June 25, 2015 through and including December 31, 2015 Equal to or less than the sum of $29,000,000 less the then outstanding principal balance of the Inventory Loan 4.50% From June 25, 2015 through and including December 31, 2015 Greater than the sum of $29,000,000 less the then outstanding principal balance of the Inventory Loan 4.00% From January 1, 2016 through and including September 20, 2016 Equal to or less than the sum of $19,000,000 less the then outstanding principal balance of the Inventory Loan 4.50% From January 1, 2016 through and including September 20, 2016 Greater than the sum of $19,000,000 less the then outstanding principal balance of the Inventory Loan 4.00% From September 21, 2016 and thereafter Equal to or less than the sum of $10,000,000 less the then outstanding principal balance of the Inventory Loan 4.50% From September 21, 2016 and thereafter Greater than the sum of $10,000,000 less the then outstanding principal balance of the Inventory Loan 4.00% Notwithstanding the foregoing, in the event Lenders agree to extend the Revolving Credit Period Expiration Date as set forth in the definition of “Revolving Credit Period Expiration Date” hereunder, the “Calculated Rate” shall be equal to four percent (4.0%) per annum for the entire outstanding principal balance of the Loan from September 20, 2018 and thereafter.”

Calculated Rate means the total revenue raised statewide by the local education tax multiplied by 1,000, and then divided by the total statewide equalized valuation.

Calculated Rate means the rate of interest, equal to the sum of: (a) two hundred fifty basis points (2.50%) plus (b) the Benchmark then in effect.

Calculated Rate shall have the meaning assigned to it in Section 2.2(a) hereof; provided, however, that from and after the date on which Agent, in consultation with Borrower, selects a Replacement Index and/or a Replacement Rate, the “Calculated Rate” shall be deemed to refer to the Replacement Rate.

Calculated Rate shall have the meaning assigned to it in Section 2.2(a) hereof; provided, however, that from and after the date on which Agent selects an Alternative Index and/or an Alternative Rate, the “Calculated Rate” shall be deemed to refer to the Alternative Rate.

Calculated Rate means, for any Interest Period, a rate equal to the sum of: (a) CMS10y10y for such Interest Period and(b) Margin.