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 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.

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.

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.

• Any deductibles under any of Contractor’s insurance policies shall be the responsibility of Contractor.

• The Indemnified Party shall be entitled to give such notice prior to the establishment of the amount of its damages and to supplement its Claim from time to time thereafter by further written notices as they are established.

• 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.

• If a lump sum payment to a Participant commences later than the 15th day of the month following the month in which the Participant’s Separation from Service occurs, the Company shall, at the time of payment of such lump sum, pay interest thereon from the 15th day of the month following the month in which the Participant’s Separation from Service occurs to the date payment is issued at the Deferral Rate, compounded quarterly.

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 .% per annum plus, for the period after the Call Option Expiration Date, the amount (if any) by which the interest rate on the Debentures shall have been increased on the Call Option Expiration Date in accordance with the terms of the Debentures.

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 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.