Dedication Rate definition

Dedication Rate means 90%, provided that such rate will increase to 100% whenever (a) an Event of Default exists or (b) a Coverage Deficiency occurs that is not cured within thirty (30) days after such occurrence.
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Dedication Rate has the meaning given such term in Section 2.6(b).
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Dedication Rate means 100%; provided that Administrative Agent may decrease such percentage in its sole discretion down to a percentage not less than 75% with respect to the calculation of the payment due pursuant to Section 2.11 on any Quarterly Payment Date.
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Examples of Dedication Rate in a sentence

  • PARKLAND ACQUISITION PRIORITY AREA - An area of the former City of North York, within the boundaries of the North York Community Council, excluding Wards 7 and 12, as they existed immediately prior to December 1, 2018 and as defined in Ontario Regulation 191/00, that has been identified as a priority area for parkland acquisition and is subject to the application of the Alternative Parkland Dedication Rate, as provided for in the former City of North York's Official Plan and identified as: A.

  • PARKLAND ACQUISITION PRIORITY AREA - An area of the City that has been identified as a priority area for parkland acquisition and is subject to the application of the Alternative Parkland Dedication Rate, as provided for in the City's Official Plan and identified as: A.

  • Each Permitted ANCF Distribution shall be calculated with respect to the ANCF Quarter most recently ended and shall not exceed an amount equal to seventy-five percent (75%) of (x) the Dedication Rate multiplied by ANCF for such ANCF Quarter, less (y) the Minimum Scheduled Quarterly Principal Payment; provided that no Permitted ANCF Distributions may be made with respect to ANCF Quarters ending on or before August 31, 2008.

  • Strategic partnerships can, moreover, be formed in which each partner has his/her own unique role.

  • That the Municipal Development Charge Demolition Credits for 85 Robinson Street (former Thistle Club Site) (5-year life, expire August 31, 2009) in the amount of $1,084,962 be extended to June 30, 2011 to coincide with the deadline date of the Parkland Dedication Rate reduction stimulus.

  • The following provides a worked example: Additional Private Benefit (APB) per m2= Sell Rate (SR) – Build Rate (BR) Dedication (DR) per m2 = APB x 50% In each case the Total Dedication will be calculated by the formula: Total Dedication (TD) =Site Area (SA) in m2 x Dedication Rate (DR) per m2 for Precinct x variation to FSR proposed An example has been calculated for a development in Byron Bay precinct B using data from page 55 of the Affordable Housing Options Paper 2009.

  • At this point, however, we would like to inform you separately about the subject of disclosure to third parties.

  • Notwithstanding anything contained in the first sentence of this subpart (b) to the contrary, upon the occurrence and during the continuation of an Event of Default under SECTION 10.1(r), the Base Dedication Rate shall be one hundred percent (100%) and upon the occurrence and during the continuation of any other Event of Default the Base Dedication Rate shall be ninety-five percent (95%).

  • While the engagement process for Development Charges (DCs) and the new Community Benefits Charge (CBC) is nearing completion, further consultation will continue for the Alternative Parkland Dedication Rate in the context of the recent enactment of Bill 109 and its constituent changes to the Planning Act.

  • On each Quarterly Payment Date, Company shall make a principal payment in respect of the Loans in an aggregate amount equal to the product of the Dedication Rate multiplied by the Adjusted Net Cash Flow for the Calculation Quarter applicable thereto, without premium or penalty.


More Definitions of Dedication Rate

Dedication Rate means ninety percent (90%); provided that following the occurrence and during the continuation of an Event of Default the "Dedication Rate" shall be one hundred percent (100%) until such time as Borrower and Lender mutually agree or it has been demonstrated at any time to Lender's reasonable satisfaction by Engineers that the net present value of the Proved Reserves attributable to Borrower's Net Revenue Interest in the Properties, using the parameters set forth in Section 7.1(f), multiplied by ninety percent (90%), is greater than one and one-half (1.5) times the outstanding principal balance of the Advancing Note, and at such point and thereafter the "Dedication Rate" shall be ninety-five percent (95%).
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Related to Dedication Rate

  • Infiltration rate means the rate of water entry into the soil expressed as a depth of water per unit of time (e.g., inches per hour).

  • Contribution Rate means, in a reserve study as described in RCW 64.34.380, the amount contributed to the reserve account so that the association will have cash reserves to pay major maintenance, repair, or replacement costs without the need of a special assessment.

  • Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.5.1(c)(ii) hereof.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts.

  • Distribution Rate means, for the Distribution Period beginning on (and including) the date of original issuance and ending on (but excluding) the Distribution Payment Date in June 2004, the rate per annum of 3.90%, and for each Distribution Period beginning on or after the Distribution Payment Date in June 2004, the Coupon Rate for such Distribution Period.

  • Lowest achievable emission rate (LAER) means for any source, that rate of emissions which reflects the most stringent emission limitation which is contained in the implementation plan of any State for such class or category of source, unless the owner or operator of the proposed source demonstrates that such limitations are not achievable, or the most stringent emission limitation which is achieved in practice by such class or category of source, whichever is more stringent. In no event shall the application of this term permit a proposed new or modified source to emit any pollutant in excess of the amount allowable under applicable New Source Standards of Performance.

  • Monitoring Period means the period from the Launch Date to the Valuation Date (both dates including) at such point in time at which the Reference Price of the Underlying is determined and published..

  • Inflation rate means that term as defined in section 34d.

  • Capitation rate means the fee the department pays monthly to an HMO for each enrolled recipient for the provision of covered medical and health services whether or not the enrolled recipient received services during the month for which the fee is intended.

  • Congestion Price means the congestion component of the Locational Marginal Price, which is the effect on transmission congestion costs (whether positive or negative) associated with increasing the output of a generation resource or decreasing the consumption by a Demand Resource, based on the effect of increased generation from or consumption by the resource on transmission line loadings, calculated as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix.

  • Turnover Rate means the period of time (usually in hours) required to circulate a volume of water equal to the pool or spa capacity.

  • Development Well means a well drilled inside the established limits of an oil or gas reservoir, or in close proximity to the edge of the reservoir, to the depth of a stratigraphic horizon known to be productive.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Percolation test means a subsurface soil test at the depth of a proposed absorption system or similar component of an OWTS to determine the water absorption capability of the soil, the results of which are normally expressed as the rate at which one inch of water is absorbed. The rate is expressed in minutes per inch.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Cumulative Compounded RFR Rate means, in relation to a Loan (or any part of it) accruing interest at the Compounded Reference Rate, the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15C (Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Monitoring well means a water well intended for the purpose of determining groundwater quality or quantity.

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • Nominal Rated Capability means the nominal maximum rated capability in megawatts of a Transmission Interconnection Customer’s Customer Facility or the nominal increase in transmission capability in megawatts of the Transmission System resulting from the interconnection or addition of a Transmission Interconnection Customer’s Customer Facility, as determined in accordance with pertinent Applicable Standards and specified in the Interconnection Service Agreement.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.