Effective Profit Rate definition

Effective Profit Rate. The effective profit rate applicable to the Facility as set out in the Letter of Offer and as may be revised by the Bank from time to time.
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Effective Profit Rate means the Effective Profit Rate as stated in the relevant Letter of Offer for the calculation of monthly payment or bullet payment due and payable to the Bank at such intervals determined by the Bank pursuant to the relevant Facility; Environment means humans, animals, plants and all other living organisms including the ecological systems of which they form part and the following media:-
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Effective Profit Rate. The rate of profit that is applicable to the Facility or such other rate of profit that the Bank may prescribe at any time. “Property(ies)” All that property(ies) identified or described in Section 6 of the First Schedule of Part A and other properties as described in the Letter of Offer.
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Examples of Effective Profit Rate in a sentence

  • Price The payment of the Selling Price by the Customer to the Bank shall be by way of deferred payments in the manner as specified below:- The payment of the Selling Price shall be based on the Effective Profit Rate as follows:- (a) Grace Period Profit payment The payment of Grace Period Profit shall commence on the first (1st) day of the month following the first disbursement of the Purchase Price until the expiry of the Grace Period or full disbursement of the Purchase Price, whichever is earlier.

  • On profit payment date, the Bank shall grant to the Customer(s) a rebate on the profit which forms part of the The Bank’s Selling Price on the differential sum between the Ceiling Profit Rate and the Effective Profit Rate, subject to the Bank’s discretion.

  • Any revision in the Effective Profit Rate will not cause the Effective Profit Rate to exceed the Contracted Profit Rate.

  • If the Effective Profit Rate is based on the Base Rate or Standardised Base Rate (whichever applicable), and there are any changes to the Base Rate or Standardised Base Rate at any time during the Tenure which results in changes to the Effective Profit Rate, the Bank will have the right to revise the Monthly Instalments accordingly by giving the Customer at least twenty-one (21) days’ prior written notice of such revisions in the Monthly Instalments.

  • If the Effective Profit Rate is based on the Base Rate, and there are any changes to the Base Rate at any time during the Tenure which results in changes to the Effective Profit Rate, the Bank will have the right to revise the Monthly Instalments accordingly by giving the Customer at least twenty-one (21) days’ prior written notice of such revisions in the Monthly Instalments.


More Definitions of Effective Profit Rate

Effective Profit Rate means the effective profit rate as stated in the Letter(s) of Offer for the calculation of instalment(s) due and payable by the Customer to MDV pursuant to the Commodity Murabahah transaction under the Facility. MALAYSIA DEBT VENTURES BERHAD Master Facility Agreement
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Related to Effective Profit Rate

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes (added any commissions or fees if applicable).

  • Adjusted Base Rate means the Base Rate plus the Applicable Percentage.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Average final compensation means the average annual creditable compensation of a member during

  • Final compensation of a member means:

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”