Excess Rate definition

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.

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Excess Rate. With respect to each of the Mortgage Loans indicated on the Mortgage Loan Schedule as having a Revised Rate, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.

Excess Rate means the rate of additional fees that the Licensee pays per megabyte for its use of the Products beyond the Periodic Allowance, being: if the Licensee pays its Fees on a monthly basis, the Fees per month divided by the Periodic Allowance; or if the Licensee pays its Fees on a yearly basis, the Fees per year divided by 12 divided by the Periodic Allowance.

Examples of Excess Rate in a sentence

• Excess Rate 108 Numeric 0.09 Incremental increase in the Mortgage Rate for such Mortgage Loan resulting from the Anticipated Repayment Date.

• Unless the Pool Pricing is fixed (as described in Section 2 above), Xerox may annually adjust the Pool Monthly Charge, Pool Prints Included, and Excess Rate per Print, each such adjustment not to exceed 10%.

• The Interest Rate Protection Agreement shall provide that if LIBOR then in effect is at any time greater than three percent (3%) (the "Strike Price"), then the Issuer shall pay to Lender, on the dates when monthly payments of interest are required to be paid to Lender under Section 2.3, an amount equal to interest on said notional amount at the Excess Rate (as hereinafter defined).

• Once an addition or deletion takes place (or an Underlying Agreement is terminated, renewed, or modified), Xerox shall have the right to equitably adjust the Pool Monthly Charge, Pool Prints Included, and Excess Rate per Print amounts upon DIR approval.

• All meter reading usage in excess of the amount included in the Service Base Rate charge are subject to the Excess Rate per A4 Image.

More Definitions of Excess Rate

Excess Rate means the rate of 4% p.a. above the BLR on daily rest or any other rate as may be determined by HLB at its absolute discretion at any time and from time to time with prior notice.

Excess Rate shall have the meaning assigned to such term in Section 2.22.

Excess Rate. With respect to each ARD Loan after the related Anticipated Repayment Date, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate in effect prior to the Anticipated Repayment Date.

Excess Rate. With respect to each Mortgage Loan, the excess of the related Revised Mortgage Rate over the related Mortgage Rate, each as set forth in the Mortgage Loan Schedule, and which shall be no greater than 2.00% per annum.

Excess Rate. With respect to each Hyper-Amortization Loan, the excess of the related Revised Interest Rate over the related Mortgage Rate.

Excess Rate means our applicable Base Lending Rate plus 5% per annum.

Excess Rate is defined in Section 8.17(d).