Finance Rate definition

Finance Rate means the vanilla weighted average cost of capital that is required to be used for setting Transpower’s price path for the current regulatory period under Part 4 of the Commerce Act 1986; First Payment Date means the date the first instalment of the Charge is due, assuming it is invoiced during the month of the Charge Commencement Date; Last Payment Date means the date the last instalment of the Charge is due, assuming it is invoiced during the month of the Charge End Date; NPV means net present value; Tax Rate means the corporate tax rate for Transpower;

Finance Rate a rate per annum, expressed as a function of Prime Rate, if applicable, as provided in Schedule A.

Finance Rate means interest calculated at the following rates on the unpaid principal amount then outstanding of each Advance:

Examples of Finance Rate in a sentence

• The Finance Charge Adjustment/Finance Credit Adjustment is detailed on the statement and displayed under the “Swap/RO” column.A Finance Credit Adjustment will be credited for the Equity or ETF Derivative position held overnight to your Account when the Finance Rate is positive.

• A Finance Charge will be debited for Equity or ETF Derivative position held overnight to your Account when the Finance Rate is negative.By way of example, using the calculation for a long Equity Derivative held overnight for a USD share whose Finance Rate is -5.61%.

• In this way, the rank of the current covariance matrix is q 1, which means that only one eigenvalue of the matrix is close toz31(k) = ( 1.5, 0.5) and z32(k) = z32(k) + (4, 0.5),N − − Nwith 50 data samples.

• The calculation for an Overnight Finance Charge/Credit Adjustment for each day that an Index Derivative is held Overnight is as follows:F= CV x (FR/100) / 360 Where: F = Daily Finance Charge (negative) CV is Contract Value of the Index Derivative Open Position, at the time the Index Derivative is established.FR is the Finance Rate as defined in the Glossary in Section 7.

• For example, if the applicable Finance Rate is negative 20% p.a. and the Contract Value of the Cryptocurrency Derivative Positions is USD22,700 being the Closing Price on a particular day for the 5 lots, then the Finance Charge Adjustment for a particular day would be USD12.43.

More Definitions of Finance Rate

Finance Rate means, for any Payment Period, (i) if the LIBOR Rate or the Eurodollar Rate is in effect under the Loan Agreement throughout such Payment Period, the LIBOR Rate or the Eurodollar Rate in effect on the first day of such Payment Period plus the sum per annum of (x) 96% of 0.50% plus (y) 4% of the Certificate margin specified in the Commitment Letter; (ii) if the Base Rate is in effect under the Loan Agreement throughout such Payment Period, the Base Rate in effect from time to time during such Payment Period; (iii) if neither the Base Rate nor the LIBOR Rate nor the Eurodollar Rate is exclusively in effect under Loan Agreement during such Payment Period, a blended rate derived from the outstanding principal amount of the Notes to which, the Base Rate and either the LIBOR Rate or the Eurodollar Rate, as the case may be, respectively, were applicable during such Payment Period, on the assumption that during such Payment Period all LIBOR Notes and Eurodollar Notes bore interest at the rate specified in clause (i) above; and (iv) under the circumstances and period specified in Section 3(d) of the Lease Agreement, the Finance Rate shall be the Late Payment Rate, instead of the rate specified in clauses (i) through (iii) above.

Finance Rate shall be a number determined by adding 350 basis points to the actual yield, on the date of Tenant's notice of exercise, from U.S. Treasury Notes or Bonds having a term equal to the term of the lease for the Building B Expansion Space, provided, however, that if the Finance Rate as determined above would yield a result of less than 10%, the Finance Rate shall be the lower of (i) 10% or, (ii) 400 basis points above the actual yield, on the date of Tenant's notice of exercise, from US Treasury Notes or Bonds having a term equal to the term of the lease for the Building B Expansion Space.

Finance Rate means the vanilla weighted average cost of capital that is required to be used for setting Transpower’s price path for the current regulatory period under Part 4 of the Commerce Act 1986; First Payment Date means the date the first instalment of the Charge is due, assuming it is invoiced during the month of the Charge Commencement Date; Last Payment Date means the date the last instalment of the Charge is due, assuming it is invoiced during the month of the Charge End Date; Net Total Cost has the meaning in paragraph 3.2; NPV means net present value; Tax Depreciation Benefit means the tax depreciation benefit of the Works calculated in accordance with paragraph 3.5; Tax Rate means the corporate tax rate for Transpower; Total Cost has the meaning in paragraph 3.1; and

Finance Rate shall have the meaning specified in Schedule F to this Agreement.

Finance Rate means interest at the rate of one per cent (1%) above the U.S. Dollar three (3) month London Interbank Offered Rate (LIBOR) appearing on the Reuters Screen LIBOR 01 Page as of 11:00 a.m., London time, and which shall be determined on the Effective Date and thereafter on the last day of each calendar year.

Finance Rate means, for any Payment Period, (i) if the LIBOR Rate or the Eurodollar Rate is in effect under the Loan Agreement throughout such Payment Period, the LIBOR Rate or the Eurodollar Rate in effect on the first day of such Payment Period plus 0.56930% per annum though December 31, 1999 and thereafter, 0.86144% per annum through March 31, 2001 and thereafter, 0.86208% per annum through June 30, 2001 and thereafter, 0.86275% per annum through September 30, 2001 and thereafter, 0.86342% per annum; (ii) if the Base Rate is in effect under the Loan Agreement throughout such Payment Period, the Base Rate in effect from time to time during such Payment Period; (iii) if neither the Base Rate nor the LIBOR Rate nor the Eurodollar Rate is exclusively in effect under Loan Agreement during such Payment Period, a blended rate derived from the outstanding principal amount of the Notes to which, the Base Rate and either the LIBOR Rate or the Eurodollar Rate, as the case may be, respectively, were applicable during such Payment Period, on the assumption that during such Payment Period all LIBOR Notes and Eurodollar Notes bore interest at the rate specified in clause (i) above; and (iv) under the circumstances and period specified in Section 3(d) of the Lease Agreement, the Finance Rate shall be the Late Payment Rate, instead of the rate specified in clauses (i) through (iii) above.

Finance Rate means the rate of the Finance Agreement;