Deferral Rate definition

Deferral Rate means the ratio (expressed as a percentage) of the estimated outstanding balance of mortgage payment deferrals divided by the estimated total outstanding balance.

Deferral Rate means with respect to any Fixed Amount Adjustment Payment and the related Deferral Period, the USD-LIBOR-BBA rate (as defined in the 2000 ISDA Definitions, for which purpose each day of the Deferral Period shall be a Reset Date.

Deferral Rate means, with respect to any Fixed Amount Adjustment Payment and Deferral Period, USD-LIBOR-BBA (as defined in the 2000 ISDA Definitions), for which purposes (a) the first day of the relevant Deferral Period shall be the Reset Date and (b) the Designated Maturity shall be a period of time determined by the Calculation Agent in a commercially reasonable manner to be as close as possible to the Deferral Period, provided that the Calculation Agent may calculate the relevant Deferral Rate on the basis of linear interpolation of rates determined in accordance with the foregoing for Designated Maturities of the periods of time next shorter and next longer than the relevant Deferral Period for which rates are available.

Examples of Deferral Rate in a sentence

• The Annual Rollup Rate is used to calculate (i) your AWA and (ii) unless the Deferral Rate described below applies, your Annual Rollup Amount.

• That if, because of any default hereunder, or because of the filing or contemplated filing of any legal proceedings affecting the Property, Beneficiary deems it necessary to obtain an additional evidence of title or to cure any defect in title, Beneficiary may procure such evidence or cure such defect, pay the cost thereof, and shall have an immediate claim against Trustor therefor, together with a lien upon the Property for the amount so paid, with interest at the Deferral Rate.

• After deducting all costs, fees and expenses of Trustee, including cost of evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of: first, all sums expended by the Beneficiary under the terms hereof or under the Note, not then repaid, with accrued interest at the Deferral Rate; second, all other sums then secured hereby; and the remainder, if any, to the person or persons legally entitled thereto.

• After each payroll period, the Employer shall contribute to the Trust Matching Deferrals equal to the Matching Deferral Rate multiplied by the amount of the Elective Deferrals credited to the Participants' Accounts for such period under Section 4.1. Each Matching Deferral will be credited as of the date it is received by the Trustee pro rata in accordance with the amount of Elective Deferrals of each Participant which are taken into account in calculating the Matching Deferral.

• Rehired employees will be subject to the automatic deferral provisions at the initial Automatic Deferral Rate of 6%.

More Definitions of Deferral Rate

Deferral Rate means with respect to any Fixed Amount Adjustment Payment and the related Deferral Period, the USD-LIBOR-BBA rate (as defined in the 2000 ISDA Definitions, for which purpose each day of the Deferral Period shall be a Reset Date. With respect to any Reference Obligation, the Reference Obligation Notional Amount corresponding to such Reference Obligation as at the relevant Event Determination Date.Conditions to Settlement: With respect to each Reference Obligation:Credit Event NoticeNotice of Publicly Available Information: Applicable. If, in the good faith and in a commercially reasonable judgement of the Calculation Agent, Publicly Available Information is not available or if the sole source of Publicly Available Information is an Affiliate of Party A, notwithstanding anything to the contrary in the Credit Derivatives Definitions or in this Confirmation, the Notice of Publicly Available Information Condition to Settlement may be satisfied by the delivery by the Calculation Agent of either (a) an officer’s certificate signed by two authorised signatories of the Calculation Agent which (i) identifies the Credit Event; (ii) describes how the occurrence of the Credit Event was determined; (iii) identifies the sources of the information that provide evidence of the Credit Event and that were used to make such determination; and (iv) attaches copies of relevant extracts of the information referred to in the preceding sub-clause (iii) to the extent possible or permitted; or (b) a notice which attaches a letter (addressed to Buyer) from a firm of accountants of international standing confirming the occurrence of the Credit Event. Public Sources: Any source of Publicly Available Information identified pursuant to Section 3.7 of the Credit Derivatives Definitions or any other internationally recognised publication of the structured finance industry including, but not limited to, (i) Bond Week, (ii) Securitisation News and (iii) ABS Asset. Specified Number: One. Notifying Party: BuyerFor the avoidance of doubt, the Conditions to Settlement may be satisfied (i) once only in relation to each Reference Obligation, provided that in relation to a Reference Obligation that is subject to a Reversible Loss Event, the Conditions to Settlement may be satisfied more than once; and (ii) more than once in relation to this Transaction. Publicly Available Information: All references to “trustee, fiscal agent, administrativeagent, clearing agent or paying agent” in Sections 3.5(a) a...

Deferral Rate means, for each calendar quarter, a rate equal to the actual yield on three-month U.S. Treasury bills as reported in the Wall Street Journal on the first business day of such calendar quarter.

Deferral Rate means the rate (expressed as a percentage to the nearest one hundredth of one percent) determined by dividing:

Deferral Rate means LIBOR plus 350 basis points.

Deferral Rate means, in respect of the Deferral Period, the rate determined in accordance with the Issue Specific Terms; and

Deferral Rate means the percentage of Compensation that a Participant elects to defer as described in Section 5.01.

Deferral Rate means with respect to any Fixed Amount Adjustment Payment and Deferral Period, the EUR-EONIA-AVERAGE rate (as defined in the 2000 ISDA Definitions) for which purpose each day of the Deferral Period shall be a Reset Date.