Composite Rate means, at any time, the rate of interest, per annum, compounded semiannually, equal to the sum of the rates of interest borne by the Securities of each series (as specified on the face of the Securities of each series, provided, that, in the case of the Securities with variable rates of interest, the interest rate to be used in calculating the Composite Rate shall be the interest rate applicable to such Securities at the beginning of the year in which the Composite Rate is being determined and, provided, further, that, in the case of Securities which do not bear interest, the interest rate to be used in calculating the Composite Rate shall be a rate equal to the yield to maturity on such Securities, calculated at the time of issuance of such Securities) multiplied, in the case of each series of Securities, by the percentage of the aggregate principal amount of the Securities of all series Outstanding represented by the Outstanding Securities of such series. For the purposes of this calculation, the aggregate principal amounts of Outstanding Securities that are denominated in a foreign currency, shall be calculated in the manner set forth in Section 11.11.
Composite Rate means the rate offered for the product inclusive of the activities mentioned in the Tender Schedule to be done by the Bidder unless otherwise specified.
Composite Rate means, with respect to any taxable year, the sum of (i) the highest marginal federal income tax rate for such taxable year and (ii), as determined in good faith by Parent, the estimated tax rate of the members of the Parent Consolidated Group, in the aggregate, for Consolidated State Tax (net of any federal income tax benefit) with respect to such taxable year.
Examples of Composite Rate in a sentence
In mortgage-equity analysis (especially the Ellwood formulation), this is also termed the Composite Rate or Composite Overall Rate.
The rate structure is designed in accordance with the Rate Structure Action Plan of December 12, 2000; the Composite Rate Structure framework of April 11, 2000; the Strategic Plan Policy Principles of December 14, 1999; and the Strategic Plan Steering Committee Guidelines of January 6, 2000.
Composite Rate (Unloading from wagons stacking on the Platform, de-stacking and loading into trucks.
EndorsementHIIG CA 20 34 Commercial Auto Composite Rate Endorsement C.
The interest rate used to calculate the amount that will be credited to a Participant’s Account Balance, to determine his Benefit Account Balance under the provisions of Article 5.3, will be 150 percent of the Moody’s Composite Rate.
More Definitions of Composite Rate
Composite Rate means a payment method in which all standard equipment, supplies, and services are calculated into a blended rate. All in-facility dialysis and all home dialysis treatments are billed under the composite rate system.
Composite Rate means, at any time, the rate of interest, per annum, compounded semi-annually, equal to the rate of interest borne by the Notes (as specified on the face of the Notes).
Composite Rate means, at any time, the rate of interest, per annum, compounded semiannually, equal to the sum of the rates of interest borne by the Securities of each series (as specified on the face of the Securities of each series, provided, that, in the case of the Securities with variable rates of interest, the interest rate to be used in calculating the Composite Rate shall be the interest rate applicable to such Securities at the beginning of the year in which the Composite Rate is being determined and, provided, further, that, in the case of Original Issue Discount Securities, the interest rate to be used in calculating the Composite Rate shall be a rate equal to the yield to maturity on such Securities, calculated at the time of issuance of such Securities) multiplied, in the case of each series of Securities, by the percentage of the aggregate principal amount of the Securities of all series Outstanding represented by the Outstanding Securities of such series. For the purposes of this calculation, the aggregate principal amount of Outstanding Securities that are denominated in a foreign currency shall be calculated in the manner set forth in Section 11.11, and the aggregate principal amount of Original Issue Discount Securities shall be the aggregate amount then payable upon the declaration of acceleration of the maturity thereof pursuant to Section 5.1.
Composite Rate means, for any Home Loan with a variable rate feature, a composite Annual Percentage Rate, calculated taking into account the initial interest rate for as long as it remains in effect and adjusting the interest rate in accordance with the loan documents, including any periodic and maximum caps on adjustments, until the interest rate charged is a Fully Indexed Rate. For any Previous Loan, the Composite Rate means a composite Annual Percentage Rate similarly calculated, taking into account the interest rate in effect on the fifteenth (15th) day of the month immediately preceding the month in which the loan application was received by the lender and adjusting the interest rate in accordance with the Previous Loan documents, including any periodic and maximum caps on adjustments, until the interest rate charged is a Fully Indexed Rate. The principles used in calculating the Annual Percentage Rate for a loan
Composite Rate means, at any time, the rate of interest, per annum, compounded semiannually, equal to the sum of the rates of interest borne by the Securities of each series (as specified on the face of the Securities of each series, PROVIDED, that, in the case of the Securities with variable rates of interest, the interest rate to be used in calculating the Composite Rate shall be the interest rate applicable to such Securities at the beginning of the year in which the Composite Rate is being determined and, PROVIDED, further, that, in the case of Original Issue Discount Securities, the interest rate to be used in calculating the Composite Rate shall be a rate equal to the yield to maturity on such Securities, calculated at the time of issuance of such Securities) multiplied, in the case of each series of Securities, by the percentage of the aggregate principal amount of the Securities of all series Outstanding represented by the Outstanding Securities of such series. For the purposes of this calculation, the aggregate principal amount of Outstanding Securities that are denominated in a foreign currency shall be calculated in the manner set forth in Section 11.11, and the aggregate principal amount of Original Issue Discount Securities shall be the aggregate amount then payable upon the declaration of acceleration of the maturity thereof pursuant to Section 5.1.
Composite Rate means, as of any particular time, the rate of interest,Per annum, compounded semiannually, equal to the sum of the rates of interest borne by each series of the Securities Outstanding under this Indenture (as specified on the face of each of the Securities, provided, that in the case of Securities with variable rates of interest, the interest rate to be used in calculating the Composite Rate shall be the interest rate applicable to such Securities at the beginning of the most recent period for which the interest rate was determined for such Securities in accordance with the terms thereof and provided, further, that, in the case of Securities which do not bear interest, the interest rate to be used in calculating the Composite Rate shall be a rate equal to the yield to Maturity on such Securities, calculated at the time of issuance of such Securities) multiplied, in the case of each of the Securities, by the percentage of the
Composite Rate means the average rate determined by adding the full age-adjusted premium rates (for the employer-designated reference plan) for all workers in the group and dividing by the total number of workers.