Equipment Lease Rate definition

Equipment Lease Rate means for each lease term, applying the applicable Percentage of Index Rate to the applicable Index Rate plus any applicable Spread. The tables below details the Percentage of Index Rate, and Spreads for each lease term based on the Vendor Payment Date: Lease Category Lease Term Percentage of Index Spread New Leases 7 years 64.10% 0.8123%
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Equipment Lease Rate means for each lease term, applying the applicable Percentage of Index Rate to the applicable Index Rate plus any applicable Spread. The tables below details the Percentage of Index Rate, and Spreads for each lease term based on the Vendor Payment Date: Leases executed with a Vendor Payment Date on or before [July x, 2016] Lease Category Lease Term Percentage of Index Spread New Leases 5 years 64.10% 0.6065% 7 years 64.10% 0.7155% 10 Years 64.10% 0.8674% Leases executed with a Vendor Payment Date after [July x, 2016] and before or on [July y, 2017] Lease Category Lease Term Percentage of Index Spread New Leases 5 years 64.10% 0.7372% 7 years 64.10% 0.8464% 10 Years 64.10% 1.0002%
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Equipment Lease Rate means a fixed rate of interest calculated by multiplying the applicable Percentage of the Index Rate (or alternative m ethod) by the applicable Index.
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Examples of Equipment Lease Rate in a sentence

  • The Equipment Lease Rate shall be further adjusted by multiplying said Equipment Lease Rate by 1.56.

  • In such an event the Equipment Lease Rate for said Appendix shall be multiplied by 1.56 in computing the Lease Payments for said Appendix and Sections 5.8.1 and 5.8.2 of the Lease shall not be applicable with respect to said Appendix.

  • The Equipment Lease Rate shall be further adjusted by multiplying said Equipment Lease Rate by [1.56].

  • In such an event the Equipment Lease Rate for said Appendix shall be multiplied by [1.56] in computing the Lease Payments for said Appendix and Sections 5.8.1 and 5.8.2 of the Lease shall not be applicable with respect to said Appendix.

  • Historically Medi-Cal put fear into the clinicians about claiming substance abuse or related diagnosis on the assessment because historically there has been a lot of denial, claiming an issue as substance abuse only, and not mental health.

  • In such an event the Equipment Lease Rate for said Appendix shall be multiplied by 1.60 in computing the Lease Payments for said Appendix and Sections 5.8.1 and 5.8.2 of the Lease shall not be applicable with respect to said Appendix.

  • Caseswill be set for trial or t he Final Pretrial Conferencea scheduling conference within 60 to 120 days after a Motion to Set and Certificate of Readiness is ruled upon, except in extraordinary circumstances.

  • The Non-Qualified (taxable) Lease Rates are calculated as 160% of the Equipment Lease Rate.

  • This letter must be signed by both the agency's ethics official and the head of the agency (or his/her designate).


More Definitions of Equipment Lease Rate

Equipment Lease Rate means for each lease term, applying the applicable Percentage of Index Rate to the applicable Index Rate plus any applicable Spread. The tables below details the Percentage of Index Rate, and Spreads for each lease term based on the Vendor Payment Date: Leases executed with a Vendor Payment Date on or before October 8, 2016 Lease Category Lease Term Percentage of Index Spread New Leases 5 years 64.10% 0.6065% 7 years 64.10% 0.7155% 10 Years 64.10% 0.8674% Leases executed with a Vendor Payment Date after October 8, 2016 and before or on October 8, 2017 Lease Category Lease Term Percentage of Index Spread New Leases 5 years 64.10% 0.7372% 7 years 64.10% 0.8464% 10 Years 64.10% 1.0002%
Sample 1

Related to Equipment Lease Rate

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • Equipment Line is an Equipment Advance or Equipment Advances in an aggregate amount of up to One Million Dollars ($1,000,000).

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Operating Lease Obligations means all obligations for the payment of rent for any real or personal property under leases or agreements to lease, other than Capitalized Lease Obligations.

  • Installment lease contract means a lease contract that authorizes or requires the delivery of goods in separate lots to be separately accepted, even though the lease contract contains a clause "each delivery is a separate lease" or its equivalent.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its “prime rate.” If a Citibank, N.A. prime rate is not available, the applicable prime rate will be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid.

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Equipment Advance is defined in Section 2.1.1.

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.

  • Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

  • Financing Lease Obligation means, as applied to any Person, an obligation that is required to be accounted for as a financing or capital lease (and, for the avoidance of doubt, not a straight-line or operating lease) on both the balance sheet and income statement for financial reporting purposes in accordance with GAAP. At the time any determination thereof is to be made, the amount of the liability in respect of a financing or capital lease would be the amount required to be reflected as a liability on such balance sheet (excluding the footnotes thereto) in accordance with GAAP.

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Enclosed, locked facility means a building, room, greenhouse, outdoor fenced-in area, or other location that is enclosed on all sides and prevents cannabis from easily being viewed by the public. The facility shall be equipped with locks or other security devices that permit access only by:

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.