Inclusion Rate definition

Inclusion Rate means the percentage of interest income received by the Noteholder on securities acquisition loans which is not excluded from its gross income for Federal income tax purposes pursuant to Section 133 of the Code, or any successor thereto. For purposes of calculations hereunder, the original Inclusion Rate expressed as a decimal is .50.
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Inclusion Rate means the percentage of interest income received or accrued by an entity which is a Qualified Holder on securities acquisition loans which may not be excluded from such entity's Federal Gross Income. Without limiting the foregoing, if Section 133 of the Code is repealed the Inclusion Rate shall be 100%.
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Inclusion Rate means the percentage of interest income received or accrued by an entity which is a Qualified Holder on securities acquisition loans which may not be excluded from such entity's Federal Gross Income.
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Examples of Inclusion Rate in a sentence

  • If on January 1, 1991 the Inclusion Rate is 50% and the Federal Tax Rate then in effect is equal to the Federal Tax Rate on the date hereof, the interest rate on the Notes held by each Qualified Holder shall be automatically adjusted, effective on January 1, 1991, to the Qualified Tax-Exempt Rate until further adjusted pursuant to paragraph 7.

  • If on January 1, 1991 the Inclusion Rate is not 50% or if the Federal Tax Rate in effect on that date is different than the Federal Tax Rate in effect on the date hereof, the interest rate on the Notes shall be adjusted first to the Qualified Tax-Exempt Rate and then shall be immediately further adjusted pursuant to the principles of paragraph 7D; such adjusted interest rate shall also be subject to further adjustments pursuant to this paragraph 7.

Related to Inclusion Rate

  • Inflation rate means that term as defined in section 34d.

  • Extension Rate means, for each distribution date following a Failed Remarketing with respect to the class A-5 notes if such notes are then in foreign exchange mode, the rate of interest payable to the related currency Swap Counterparty, generally not to exceed three-month LIBOR plus 0.75%, unless the remarketing agent, in consultation with the administrator, determine that market conditions or some other benefit to the trust requires a higher rate; provided that in each case the Rating Agency Condition is satisfied.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Capitalization Rate means six and one-half percent (6.50%).

  • Emission Rate for a given pollutant means the number of pounds of that pollutant emitted per million British thermal units of heat input (lb/mmBTU), measured in accordance with this Consent Decree.

  • Conversion Rate shall have the meaning specified in Section 14.01(a).

  • Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts.

  • Capitation rate means the fee the department pays monthly to a participating health or dental plan for each enrollee for the provision of covered medical or dental services whether or not the enrollee received services during the month for which the fee is intended.

  • Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

  • Completion Rate means the percentage of an apprenticeship cohort who receives a certificate of apprenticeship completion within 1 year of the projected completion date. An apprenticeship cohort is the group of individual apprentices registered to a specific program during a 1 year time frame, except that a cohort does not include the apprentices whose apprenticeship agreement has been cancelled during the probationary period or who have transferred.

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.

  • Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.02(a)(iii)(B) of this Appendix A.

  • Amortization rate means the amortization rate, as defined in Section 49-11-102, to be applied to the system that would have covered the retiree if the retiree's reemployed position were deemed to be an eligible, full-time position within that system.

  • Allocation Ratio With respect to any Series, as defined in the related Supplement.

  • Replacement Reference Rate means a reference rate which is:

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Distribution Rate means, for the Distribution Period beginning on (and including) the date of original issuance and ending on (but excluding) the Distribution Payment Date in June 2004, the rate per annum of 3.90%, and for each Distribution Period beginning on or after the Distribution Payment Date in June 2004, the Coupon Rate for such Distribution Period.