Interest Crediting Rate definition

Interest Crediting Rate means, for a given Plan Year, a rate of interest equivalent to the average Moody’s Rate for such year plus two percentage points (2%).

Interest Crediting Rate means, for any Plan Year, the annual interest crediting percentage for such Plan Year for Post-2010 Balances under the Avnet Pension Plan. (As of January 1, 2012, the Interest Crediting Rate is 4% per year.)

Interest Crediting Rate means the interest rate declared by the Company which will be credited at least annually to a Participant's Deferred Compensation Accounts. For the first Plan Year, the interest rate shall be declared by the Company at the inception of the Plan and shall apply until the end of that year. Thereafter, the interest rate shall be declared by the Company by December 15th of each year for the following Plan Year. If it is not declared by that time, the rate for the following year shall be the prime rate of interest declared by the Frost National Bank of San Antonio plus two percent (2%), determined as of December 15th.

Examples of Interest Crediting Rate in a sentence

• Additionally, the Employer may elect in the Adoption Agreement for purposes of the first Plan Year only of the Plan that the Interest Crediting Rate for such Plan Year shall be the fixed rate specified in the Adoption Agreement and then for all subsequent Plan Years will be the Actual Rate of Return.

• The minimum annual Interest Crediting Rate is 4.83%.The Company contribution credit consists of a basic Company credit and an excess Company credit.

• Annual Interest Crediting Rate FactorsOn an annual basis, We determine the interest crediting rate factors for a Reference Market Index that We use to calculate rates of return for a GMIA Series.

• Single-incision anterior approach for total hip arthroplasty on an orthopaedic table.

• The Bonus Interest Crediting Rate and 5-YearS&P 500® Index Performance Threshold1 are declared at contract issue and shownon the Bonus Interest Credit Rider Schedule page.

More Definitions of Interest Crediting Rate

Interest Crediting Rate means, for a given Plan Year, a rate of interest equivalent to the average Moody's Rate for such year plus two percentage points (2%) or, with respect to a Participant who is designated to receive a higher rate of interest by the Personnel Committee of the Board, such higher rate as determined by the Personnel Committee of the Board and communicated to such Participant."

Interest Crediting Rate means the interest rate determined and announced by the Committee at any time prior to the beginning of the Plan Year. The Committee will base the crediting rate upon an established index and shall document and communicate the index source prior to the beginning of the plan year.

Interest Crediting Rate means, for a given calendar quarter, a rate of interest equivalent to the three-month LIBOR rate plus 3%, as in effect on the first business day of the quarter.

Interest Crediting Rate means an annualized interest rate equal to the average of the Treasury Bond Rate for the immediately preceding Plan quarter plus 2%. The “Treasury Bond Rate” shall mean the average yield on United States Treasury Bonds, ten (10) years constant maturity as published by the Federal Reserve.

Interest Crediting Rate means an annualized rate of interest equal to the "prime rate" (or, if there is more than one such rate, the highest such rate) as set forth from time to time during the relevant period in the Wall Street Journal "Money Rates" column. The prime rate in effect on the first day of a calendar month shall be used as the prime rate for the entire month.

Interest Crediting Rate means the fixed interest rate or floating market rate (e.g., 30-year treasury rate) approved by the Committee for purposes of allocating Interest Credits under Section 3.3.

Interest Crediting Rate means, for a given Plan Year, a rate of interest equivalent to the average Prior Plan Rate for such year.