Initial Rate means each rate of interest to be paid in an Initial Period as set forth in the Certificate.
ANNUAL RATE ADJUST: MONTHLY P&I : 1,717.97 OUTSIDE CONV DATE : LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/27 CURRENT INT RATE: 7.50000 PRODUCT CODE : 002 LTV : 90.00000 ---------------------------------------------------------------- 0 0031040686 MORTGAGORS: THOMSON ROBERT THOMSON XXXXXXXX XXXXXX XXXX XXXXXXX : 00000 SW BOBWHITE CXXXXX 01 CITY : XXXXXXXXX STATE/ZIP : OR 97007 MORTGAGE AMOUNT : 254,250.00 OPTION TO CONVERT : UNPAID BALANCE : 253,889.94 ANNUAL RATE ADJUST: MONTHLY P&I : 1,821.48 OUTSIDE CONV DATE : LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/27 CURRENT INT RATE: 7.75000 PRODUCT CODE : 002 LTV : 89.21000 ---------------------------------------------------------------- 0 0031040785 MORTGAGORS: HERNANDEZ ABRAHAM XXXXXXXXX XXXXX REGION CODE ADDRESS : 6000 XXX XXXXXX 00 CITY : WOODLAND XXXXX STATE/ZIP : CA 91367 MORTGAGE AMOUNT : 234,350.00 OPTION TO CONXXXX : UNPAID BALANCE : 234,184.59 ANNUAL RATE ADJUST: MONTHLY P&I : 1,678.92 OUTSIDE CONV DATE : LIFETIME RATE : 7.75000 MATURITY DATE : 10/01/27 CURRENT INT RATE: 7.75000 PRODUCT CODE : 002 LTV : 79.44000 ---------------------------------------------------------------- 0 0031040835 MORTGAGORS: WILLIAMS PETER WXXXXXXX NXXXX XXXXXX XXXX XXXXXXX : 000 XXXXX STREET 00 CITY : MONTEREY STATE/ZIP : CA 93940 MORTGAGE AMOUNT : 252,000.00 OPTION TO CONXXXX : UNPAID BALANCE : 252,000.00 ANNUAL RATE ADJUST: MONTHLY P&I : 1,762.02 OUTSIDE CONV DATE : LIFETIME RATE : 7.50000 MATURITY DATE : 11/01/27 CURRENT INT RATE: 7.50000 PRODUCT CODE : 002 LTV : 80.00000 ---------------------------------------------------------------- 0 0031040868 MORTGAGORS: GELLER JON GELXXX XXXXX REGION CODE ADDRESS : 300-X XXXXXX XXX 00 CITY : MILL VALXXX STATE/ZIP : CA 94941 MORTGAGE AMOUNT : 358,000.00 OPTION TO CONXXXX : UNPAID BALANCE : 358,000.00 ANNUAL RATE ADJUST: MONTHLY P&I : 2,658.14 OUTSIDE CONV DATE : LIFETIME RATE : 8.12500 MATURITY DATE : 11/01/27 CURRENT INT RATE: 8.12500 PRODUCT CODE : 002 LTV : 80.00000 ---------------------------------------------------------------- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,344,300.00 P & I AMT: 9,638.53 UPB AMT: 1,343,408.71 1 GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C ISSUE DATE: 11/01/97 P.O. BOX 5260 TMS AG0004971130 00 01 PAGE: 184 CHERRY HILL, N.J. 08034
additional rate means the additional rate levied by the City of Cape Town on rateable properties within the designated boundaries of the Special Rating Area for purposes of raising funds for improving and upgrading that area, subject to any exemptions or permissible differentiation between categories of property, as contemplated in section 22(1) of the Rates Act, read with sections 8(1) and 12(2) of the By-Law;
Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:
Applicable Federal Rate means the "applicable federal rate" as defined in Section 1274(d) of the Code.
Applicable water quality standards means all water quality standards to which a discharge is subject under the federal Clean Water Act and which has been (a) approved or permitted to remain in effect by the Administrator following submission to the Administrator pursuant to Section 303(a) of the Act, or (b) promulgated by the Director pursuant to Section 303(b) or 303(c) of the Act, and standards promulgated under (APCEC) Regulation No. 2, as amended.
Maximum Legal Rate means the maximum nonusurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged or received on the indebtedness evidenced by the Note and as provided for herein or the other Loan Documents, under the laws of such state or states whose laws are held by any court of competent jurisdiction to govern the interest rate provisions of the Loan.
Prescribed Rate means the rate of 4% above The Royal Bank of Scotland plc base rate from time to time in force.
Comparable Government Bond Rate means the price, expressed as a percentage (rounded to three decimal places, with 0.0005 being rounded upwards), at which the gross redemption yield on the Securities to be redeemed, if they were to be purchased at such price on the third Business Day prior to the date fixed for redemption, would be equal to the gross redemption yield on such Business Day of the Comparable Government Bond (as defined below) on the basis of the middle market price of the Comparable Government Bond prevailing at 11:00 a.m. (London time) on such Business Day as determined by an independent investment bank selected by the Company.
Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.
Daily LIBOR Rate means, for any day, the rate per annum determined by the Administrative Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage on such day.
Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:
Federal poverty level means the poverty level as defined by the most recently revised poverty income guidelines published by the United States Department of Health and Human Services in the Federal Register.
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.
SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.