Cost of definition
Cost of funds will apply as a fallback" is specified in the Reference Rate Terms, Clause 10.3 (Cost of funds) shall apply to that Loan for that Interest Period.
Cost of. INSURANCE The Cost of Insurance is determined on the Monthly Date and is computed as follows:
Cost of funds as a fallback Cost of funds will apply as a fallback.
Examples of Cost of in a sentence
Cost of Bariatric Equipment included with Additions reported above purchased during this cost report periodInclude copies of invoices to support the cost of any Bariatric Equipment (see sec.
Cost of inspections and tests of any item, which fails to meet the specifications, shall be borne by the bidder.
IB.5 Cost of Bidding 5.1 The bidders shall bear all costs associated with the preparation and submission of their respective bids and the Employer will in no case be responsible or liable for those costs, regardless of the conduct or outcome of the bidding process.
The Cost of the reference and of the award (including the fees, if any of the arbitrator) shall be in the discretion of the arbitrator who may direct to any by whom and din what manner, such costs or any part thereof, shall be paid and fix or settle the amount of costs to be so paid.
If the interest paid on such escrow account exceeds the settlement costs to be paid by the Recipient, then such funds shall be applied to the Cost of Project.
More Definitions of Cost of
Cost of funds” in relation to its participation in the Loan is a reference to the average cost (determined either on an actual or a notional basis) which that Lender incur or would incur if it were to fund, from whatever source(s) it may reasonably select, an amount equal to the amount of that participation in the Loan for a period equal in length to the Interest Period of the Loan;
Cost of funds will apply as a fallback" is specified in the applicable SOFR Rate Terms for that Daily Simple SOFR Rate Loan, then Clause 12.5 (Cost of funds) shall apply to that Loan for that Interest Period.
Cost of funds will apply as a fallback” is specified in the Compounded Rate Terms,
Cost of. INSURANCE The Cost of Insurance is determined on the Monthly Date. The cost for the Face Amount and for each increase in Face Amount is computed separately. It is computed as follows: - Divide the Death Benefit on the first day of the contract month by 1 plus the Guaranteed Monthly Equivalent Interest Rate shown on the Contract Information page; - Reduce the result by the Account Value on that day before computing the Monthly Deduction for the Cost of Insurance; and - Multiply the difference by the Cost of Insurance Rate for that month divided by 1000. COST OF INSURANCE RATE The Cost of Insurance Rate is the rate applied to the insurance under this contract to determine the Cost of Insurance. It is based on the Attained Age, sex and rating classification of the Insured. The Cost of Insurance Rate will not be greater than the guaranteed rates shown in the Table of Guaranteed Maximum Monthly Cost of Insurance Rates as shown on the Contract Information pages. MONTHLY DEDUCTION A Monthly Deduction is made for the Cost of Insurance, Contract Fee and the cost of any Additional Benefit Agreements. The Monthly Deduction for a contract month will be calculated by adding: - the Contract Fee shown on the Contract Information page; - the Cost of Insurance for the contract month; and - the Monthly Deduction of any Additional Benefit Agreements. The Monthly Deduction for a contract month will be allocated among the Fixed Account and the sub-accounts of the Separate Account in proportion to the Account Value in each account. When determining these proportions, the Account Values are used net of any Indebtedness at the beginning of the month. INTEREST RATES The Guaranteed Interest Rate for the Fixed Account is shown on the Contract Information page. Interest rates are expressed as effective annual rates. The rate is compounded daily and is used to calculate Account Values of the Fixed Account. We may credit interest in excess of the Guaranteed Interest Rate. Such excess interest will be at Our sole discretion. The Account Value allocated to the Fixed Account will be guaranteed and the rate of interest will be guaranteed for at least the balance of the contract year. We determine interest rates in accordance with market conditions and other factors. We may change the rate guaranteed on new allocations at any time. This may cause the guaranteed interest rate on Account Values at the beginning of a contract year to differ from the guaranteed rate on values transferred in at ...
Cost of funds" means the per annum rate of interest which a Bank is required to pay, or is offering to pay, for wholesale liabilities having a term equal to the Interest Period of the Fixed Rate Loan repaid or failed to be borrowed, adjusted for reserve requirements and such other requirements as may be imposed by federal, state or local governmental and regulatory agencies, as determined, in the case of Fleet, by the Fleet Treasury Group, and in the case of any other Bank, as determined by such Bank.
Cost of funds as a fallback Definitions
Cost of valuation The Borrower shall be liable for all costs and expenses incurred by the Lender in obtaining all valuations to be provided pursuant to this Clause, such valuations to be provided by the Borrower (i) semi-annually throughout the Facility Period at a time which shall coincide with the provision of the Compliance Certificate in accordance with Clause 13.1.3 and 13.1.2 (the first such valuation to be provided within six (6) months after the Signing Date) and (ii) if requested by the Lender, semi-annually throughout the Facility Period commencing six (6) months after the Next Rollover Date, unless there is an Event of Default in which case the Borrower shall be liable for all costs and expenses incurred by the Lender in obtaining any number of valuations required by it pursuant to Clause 11.11 and shall reimburse the Lender in respect of all such costs and expenses on demand.”;