Enhanced Rate definition

Enhanced Rate rate" means a differential rate established to provide an incentive to provider agencies to provide community employment services to service recipientsmembers with significant needs.
Enhanced Rate shall be defined in respect of any day as the rate per annum which is 4 % per annum above the base lending rate from time to time of Barclays Bank plc at the close of business immediately preceding the Business Day.
Enhanced Rate means, as of any date of determination, an interest rate per annum equal to the sum of (i) an amount equal to (a) one and one-half percent (1.50%) multiplied by (b) a fraction the numerator of which is the Achieved Collateral Enhancement Value, and the denominator of which is the Collateral Enhancement Requirement, and (ii) the rate per annum otherwise applicable on such date.

Examples of Enhanced Rate in a sentence

  • Stipends are paid for orientation, Enhanced Rate Training and up to twelve (12) hours of additional training (except the Overview) every two (2) years.

  • The Agencies agree to meet and confer with the Union prior to implementation of changes to the “Process for FFN Orientations and Enhanced Rate Trainings.” In addition, the Agencies agree to discuss questions or issues related to the application of the Process Document with the Union.

  • The Union will be responsible for the content of their presentation, including the option to collaborate with AFSCME for a joint union presentation at Enhanced Rate Trainings.

  • Persons responsible for registering and/or training Providers will receive a copy of Article 5 of this Agreement and the Process for FFN Orientations and Enhanced Rate Training Document.

  • Listed Providers who have completed the Enhanced Rate Training will receive notification no later than four (4) months prior to their certification expiring with explanation of how to complete re-certification for the Enhanced Rate.

  • Providers (Relative and Regulated Subsidy) may elect to take additional training prior to completion of the Enhanced Rate Training requirements, however, these training hours shall not apply retroactively to training renewal requirements for the Enhanced Rate.

  • Whenever possible, the Union will provide ten (10) days notice of cancellation if unable to attend an in-person orientation, License Exempt exclusive training or Enhanced Rate Training.

  • RATE TRAINING DOCUMENT (PROCESS DOCUMENT)‌ The Agencies, Union, Child Care Resource and Referral Network and other stakeholders collaboratively created the “Process for FFN Orientations and Enhanced Rate Trainings” for guidance in administering orientation and enhanced rate training.

  • Regulated Subsidy Providers must meet the requirements plus an additional six (6) hours of training within two (2) years plus the two (2) hours of RRCAN to be eligible for the Enhanced Rate.

  • The effective start date for the Special Needs Program and the Enhanced Rate is October 1, 2016.


More Definitions of Enhanced Rate

Enhanced Rate means the increased rate paid to endorsed mobile rapid response crisis teams (MRRCT) and community-based crisis teams (CBCT) as described in RCW 71.24.903.

Related to Enhanced Rate

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Basic Rate means the applicable basic minimum wage rate prevailing on the date 28 days prior to the latest date for submission of Tenders, by reason of any National or State Statute or Ordinance.

  • Funding Rate means any individual rate notified by a Lender to the Facility Agent pursuant to sub-paragraph (ii) of paragraph (a) of Clause 10.3 (Cost of funds).

  • LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR 1.00-Eurodollar Reserve Percentage

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Loans included in the Aggregate Net Collateral Balance, the number obtained by (a) summing the products obtained by multiplying (i) the Advance Rate of each Eligible Collateral Loan by (ii) such Eligible Collateral Loan’s contribution to the Aggregate Net Collateral Balance and dividing (b) such sum by the Aggregate Net Collateral Balance.

  • LIBOR Reserve Percentage means the reserve percentage prescribed by the Board of Governors of the Federal Reserve System (or any successor) for "Eurocurrency Liabilities" (as defined in Regulation D of the Federal Reserve Board, as amended), adjusted by Bank for expected changes in such reserve percentage during the applicable Fixed Rate Term.

  • Excess Rate With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.

  • 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.

  • Reference Rate means the rate specified as such hereon.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Past Due Rate means the lesser of (a) with respect to (i) any payment made to a Noteholder under any Series of Equipment Notes, the Debt Rate then applicable to such Series plus 1% and (ii) any other payment made under any Operative Document to any other Person, the Debt Rate plus 1% (computed on the basis of a year of 360 days comprised of twelve 30-day months) and (b) the maximum rate permitted by applicable law.

  • Established Rate means the rate for the conversion of the Specified Currency (including compliance with rules relating to roundings in accordance with applicable European Community regulations) into euro established by the Council of the European Union pursuant to Article 123 of the Treaty;

  • CP Rate means, for any Conduit Purchaser and for any Yield Period (or portion thereof) for any Portion of Capital, the per annum rate equivalent to the weighted average cost (as determined by the applicable Group Agent and which shall include commissions of placement agents and dealers, incremental carrying costs incurred with respect to Notes of such Person maturing on dates other than those on which corresponding funds are received by such Conduit Purchaser, other borrowings by such Conduit Purchaser (other than under any Program Support Agreement) and any other costs associated with the issuance of Notes) of or related to the issuance of Notes that are allocated, in whole or in part, by the applicable Conduit Purchaser to fund or maintain such Portion of Capital (and which may be also allocated in part to the funding of other assets of such Conduit Purchaser); provided, however, that if any component of such rate is a discount rate, in calculating the “CP Rate” for such Portion of Capital for such Yield Period (or portion thereof), the applicable Group Agent shall for such component use the rate resulting from converting such discount rate to an interest bearing equivalent rate per annum; provided, further, that notwithstanding anything in this Agreement or the other Transaction Documents to the contrary, the Seller agrees that any amounts payable to Conduit Purchasers in respect of Yield for any Yield Period (or portion thereof) with respect to any Portion of Capital funded by such Conduit Purchasers at the CP Rate shall include an amount equal to the portion of the face amount of the outstanding Notes issued to fund or maintain such Portion of Capital that corresponds to the portion of the proceeds of such Notes that was used to pay the interest component of maturing Notes issued to fund or maintain such Portion of Capital, to the extent that such Conduit Purchasers had not received payments of interest in respect of such interest component prior to the maturity date of such maturing Notes (for purposes of the foregoing, the “interest component” of Notes equals the excess of the face amount thereof over the net proceeds received by such Conduit Purchaser from the issuance of Notes, except that if such Notes are issued on an interest-bearing basis its “interest component” will equal the amount of interest accruing on such Notes through maturity). Notwithstanding the foregoing, the “CP Rate” for any Conduit Purchaser for any day while a Termination Event has occurred and is continuing shall be an interest rate equal to the greater of (i) 2.00% per annum above the Base Rate for each day during such Yield Period (or portion thereof) and (ii) 2.00% per annum above the “CP Rate” calculated without giving effect to such Termination Event.

  • Default Interest Rate is two percent above the base lending rate of Barclays Bank PLC, as varied from time to time;

  • Bank Rate means the one year marginal cost of lending rate (MCLR) of the State Bank of India issued from time to time plus 350 basis points;”