Charter Hire Rate definition

Charter Hire Rate means the existing contractual daily charter hire rate (in $) set out in each Charter Agreement prior to the Restructuring Effective Date, or if it has been agreed that the hire rate set out in the relevant Charterparty Amendment takes effect prior to the Restructuring Effective Date, the rate as set out in the relevant Charterparty Agreement prior to the Charterparty Amendment becoming effective, and set out in the column entitled “Charter Hire Rate ($/Day)” of Schedule 3 (Charter Agreements).

Examples of Charter Hire Rate in a sentence

  • For Indian flag vessels, the Charter Hire Rate per Day to be given in INR/Day with GST and for foreign flag vessel Charter Hire Rate in USD/Day to be converted into INR per day and to be quoted along with Royalty and GST using the worksheet provided in the e-platform of National Informatics Center.

  • For the avoidance of doubt, the Adjusted Charter Hire Rate set out in Schedule 1 hereto shall not be subject to any further revisions in the event that any rig financed under the Rig Owners’ Agreements becomes contracted to any customer (or any existing customer contract is amended or extended).

  • In the event that the Refinancing Closing Date does not occur until some time in 2018, the Adjusted Charter Hire Rate set out in Schedule 1 hereto will be revised so that the average charter hire amount for 2018 is equivalent to the position set out in Schedule 1 hereto.

  • The Adjusted Charter Hire Rate set out in Schedule 1 hereto has been calculated based on an assumed Refinancing Closing Date of 31 December 2017.

  • For Indian flag vessels, the Charter Hire Rate per Day to be given in INR/Day with GST and for foreign flag vessel Charter Hire Rate inUSD/Day to be converted into INR per day and to be quoted along with Royalty and GST using the worksheet provided in the e-platform of National Informatics Center.

  • Laying emphasis on the fax message dated 26th August, 1998 addressed by the Oil Co-ordination Committee to the oil companies, including the appellant, inter alia, informing them that no further extension of the Current Charter Hire Rate will be allowed, learned counsel submitted that the said message made it clear to all concerned that Charter Party dated 6th May, 1997 would not be extended under any circumstance.

  • For Indian flag vessels, the Charter Hire Rate per Day to be given in INR/Day with GST and for foreign flag vessel Charter Hire Rate in USD/Day to be converted into INR per day and to be quoted along with Royalty and GST using the worksheet provided in the e-platform of NIC.

Related to Charter Hire Rate

  • Reference Rate means the rate specified as such hereon.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • Exposure rate means the exposure per unit of time, such as roentgen per minute and milliroentgen per hour.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Straight-time rate means the hourly rate of remuneration.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • Current Rate means the applicable basic minimum wage rate for Local Workers by reason of any National or State Statute or Ordinance, prevailing on any date subsequent to the date 28 days prior to the latest date set for submission of Tenders.

  • Adjusted Eurocurrency Rate means, with respect to any Eurocurrency Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the Eurocurrency Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period.

  • Weighted Average Net Mortgage Rate With respect to any Distribution Date, the weighted average of the applicable Net Mortgage Rates of the Mortgage Loans as of the first day of the related Due Period, weighted on the basis of their respective Stated Principal Balances as of the first day of such Due Period (after giving effect to any payments received during any applicable grace period).

  • Discount Net Mortgage Rate As defined in the Series Supplement.

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Replacement Reference Rate means a reference rate which is:

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen

  • Adjusted LIBO Rate means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate.

  • Curr Rate CLTV: Prin Bal: Maturity Date: Lien Pos: 4096851 CA 300 14 131995.17 52000 586.09 701 409685100000000 8 299 1 152000 12/07/2000 42 XXXXXXXXX 00000 2 12.990 122 51976.81 12/13/2025 2 4096852 WI 300 14 114701.82 47200 586.31 669 409685200000000 8 299 1 143000 12/07/2000 46 KENOSHA 53143 2 14.500 114 47184.02 12/13/2025 2 4096853 NY 180 14 71476 18000 227.63 701 409685300000000 6 179 1 71900 12/07/2000 40 SYRACUSE 13212 2 12.990 125 17967.22 12/13/2015 2 4096854 LA 180 14 74040.09 25000 349.73 663 409685400000000 6 179 1 82000 12/07/2000 00 XXXX XXXXXX 00000 2 14.990 121 24962.56 12/13/2015 2 4096857 MO 301 14 152510.3 44500 561.36 685 409685700000000 8 299 1 160000 11/30/2000 47 O'FALLON 63366 2 14.750 124 44485.62 12/08/2025 2 4096858 MI 240 14 143231.7 50000 649.18 684 409685800000000 9 239 1 160000 12/07/2000 47 XXXXXXXXXX XXXXX 00000 2 14.750 121 49965.4 12/13/2020 2 4096859 MN 300 14 144985.47 39600 499.55 675 409685900000000 8 299 1 152000 12/05/2000 45 XXXXXX XXXX 00000 2 14.750 122 39587.2 12/11/2025 2 4096860 NY 300 14 61663 25000 320.02 662 409686000000000 8 299 1 73000 12/07/2000 37 NEWBURGH 12550 2 14.990 119 24992.27 12/13/2025 2 4096861 GA 300 14 105425.2 35000 421.05 682 409686100000000 8 299 1 145000 12/04/2000 46 XXXXX XXXXX 00000 2 13.990 97 34986.99 12/08/2025 2 4096862 CA 180 14 139196.02 48950 639.61 719 409686200000000 6 179 1 172500 12/07/2000 40 MANTECA 95337 2 13.630 110 48865.79 12/13/2015 2 4096863 RI 300 14 73031.81 45500 534.7 704 409686300000000 8 299 1 95000 12/06/2000 45 WARWICK 2889 2 13.630 125 45481.91 12/12/2025 2 4096864 TN 180 4 67449.68 26500 407.65 644 409686400000000 6 179 1 79000 12/07/2000 37 XXXXXXX CITY 37615 2 16.990 119 26467.55 12/13/2015 2 4096866 ND 180 14 82471.06 35000 477.93 686 409686600000000 6 179 1 100000 12/04/2000 39 NORWICH 58768 2 14.500 118 34944.99 12/08/2015 2 4096867 MO 180 14 100576 35000 538.41 641 409686700000000 6 179 1 118500 12/05/2000 40 LEES SUMMIT 64081 2 16.990 115 34957.13 12/11/2015 2 4096868 IL 300 14 126816.92 40500 479.79 664 409686800000000 8 299 1 134000 12/06/2000 50 ALGONQUIN 60102 2 13.750 125 40364.06 12/13/2025 2 4096869 WA 180 14 127607.19 47300 661.69 665 409686900000000 6 179 1 140000 12/05/2000 44 RICHLAND 99352 2 14.990 125 47225.86 12/11/2015 2 Page 242 of 409

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of (a) the EURIBO Rate for such Interest Period and (b) the Mandatory Costs Rate.

  • Applicable Reference Rate means, collectively or individually, Term SOFR, Daily Compounded XXXXX, XXXXX or the EURIBOR Rate.