Liquidation Rate definition

Liquidation Rate means the rate of interest per annum equal to the yields to maturity of eurodollar deposits in U.S. Dollars in the London interbank eurodollar market, maturing on, or within one month of, the last day of the relevant Interest Period, as reasonably determined by Lender.
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Liquidation Rate means one-quarter of the interest rate per annum equal to the latest three-week moving average of secondary market midafternoon quotations of yields to maturity of U.S. Treasury notes trading closest to par value and maturing on, or within three months of, the Due Date, such three-week moving average to be determined by the Bank on the Fee Determination Date on the basis of such yields reported by dealers of U.S. Treasury notes to and published by the Federal Reserve Bank of New York or, if such publication shall be suspended or terminated, on the basis of quotations of such yields received by the Bank from three New York dealers of U.S. Treasury notes of recognized standing.
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Liquidation Rate means one-half (1/2) of the interest rate per annum equal to the latest three-week moving average of the yields to maturity of U.S. Treasury notes trading closest to par value and maturing on, or within three months of, the Maturity Date, such three-week moving average to be determined by the Lender as of the Fee Determination Date on the basis of yields of such U.S. Treasury notes published by The Wall Street Journal for each of the fifteen (15) Business Days preceding the applicable Fee Determination Date or, if such publication shall be suspended or terminated or such yields shall otherwise not be so published for any such Business Day, on the basis of such yields reported by dealers of U.S. Treasury notes to and published by the Federal Reserve Bank of New York or, if such publication shall be suspended or terminated, on the basis of quotations of such yields received by the Lender from three New York dealers of U.S. Treasury notes of recognized standing selected by the Lender; "Loan Rate" means one-half (1/2) of the Fixed Rate; "Fixed Rate" means "yield to maturity" of the payments of interest scheduled to be made hereunder from and after the "Fee Determination Date" (as defined below) to the Maturity Date; "Fee Determination Date" means the date on which the Loan is repaid; "Principal Liquidation Amount" means that amount of the Loan which is repaid in full.
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Examples of Liquidation Rate in a sentence

  • Upon the dissolution, liquidation or winding up of the Company, whether voluntary or involuntary, the holders of the then outstanding shares of Preferred Stock shall be entitled to receive out of the assets of the Company for each share of Preferred Stock the Stated Value (the "Liquidation Rate") before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Preferred Stock.

  • Upon the dissolution, liquidation or winding up ------------------- of the Company, whether voluntary or involuntary, the holders of the then outstanding shares of Series A Preferred Stock shall be entitled to receive out of the assets of the Company the sum of $0.001 per share (the "Liquidation Rate") before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series A Preferred Stock.

  • Welcome Call Attempts Yes N/A 1 – 18 Day Call Attempts Yes Yes 1 – 18 Day Right Party Hits No Yes 18+ Day Call Attempts Yes Yes 18+ Day Right Party Hits No Yes Written Correspondence (All) Yes Yes Pre-foreclosure Resolution Yes Yes Foreclosure Timeline Yes Yes REO Liquidation Rate Yes Yes REO Proceeds Yes Yes Year 1..................

  • The advance rate applicable to Eligible Inventory (the "Inventory Advance Rate") shall be the Sportsman's Guide Credit and Security Agreement Appraised Liquidation Rate, provided, however, that if the Appraised Liquidation Rate is less than 45%, the Inventory Advance Rate shall remain at 45% so long as no Default Period exists and Availability is not less than $5,000,000.

  • Upon the dissolution, liquidation or ------------------- winding up of the Company, whether voluntary or involuntary, the holders of the then outstanding shares of Series A Preferred Stock shall be entitled to receive out of the assets of the Company the sum of $0.001 per share (the "Liquidation Rate") before any payment or distribution shall be made on the Common Stock, or any other class of capital stock of the Company ranking junior to the Series A Preferred Stock.


More Definitions of Liquidation Rate

Liquidation Rate means one-twelfth (1/12) of the result of the ISDA Swap Rate less 6.25 basis points as determined by the Bank to be in effect on the Prepayment Date for the number of years closest to the unexpired term of this Note.
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Liquidation Rate. Portfolio Yield" or "Required Excess Collateral Amount Percentage," (f) change the percentage of, or the numbers of, Conduit Managing Agents, which shall be required for any amendment, waiver or consent or for any other action hereunder, or (g) amend this Section 13. The Servicer shall give each Rating Agency prior ---------- written notice of each amendment to this Indenture Supplement. No amendment described in clause (b) through (g) above shall be effective unless the Rating ---------- --- Agency Condition has been satisfied.
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Liquidation Rate means, for any Monthly Period, the percentage equivalent ---------------- of a fraction, the numerator of which is the aggregate amount of Collections of Receivables during such Monthly Period and the denominator of which is the aggregate amount of Receivables (other than Receivables in a billing option plan) outstanding as of the first day of such Monthly Period.
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Related to Liquidation Rate

  • Liquidation Price means the price at which the Trustee sells the Underlying Securities.

  • Liquidation Date means (a) in the case of an event giving rise to the dissolution of the Partnership of the type described in clauses (a) and (b) of the first sentence of Section 12.2, the date on which the applicable time period during which the holders of Outstanding Units have the right to elect to continue the business of the Partnership has expired without such an election being made, and (b) in the case of any other event giving rise to the dissolution of the Partnership, the date on which such event occurs.

  • Distribution Rate means, for the period beginning on (and including) the date of original issuance and ending on (but excluding) March 18, 2002, 5.60%, and for the period beginning on (and including) March 18, 2002 and thereafter, the Coupon Rate.

  • Liquidation Value With respect to the Business Combination Vote, the Company shall cause all of the Initial Stockholders to vote the shares of Common Stock owned by them immediately prior to this Offering in accordance with the vote of the holders of a majority of the IPO Shares. At the time the Company seeks approval of any potential Business Combination, the Company will offer each of holders of the Company's Common Stock issued in this Offering ("IPO Shares") the right to convert their IPO Shares at a per share price equal to the amount in the Trust Fund (inclusive of any interest income therein) on the record date ("Conversion Price") for determination of stockholders entitled to vote upon the proposal to approve such Business Combination ("Record Date") divided by the total number of IPO Shares. The Company's "Liquidation Value" shall mean the Company's book value, as determined by the Company and audited by BDO. In no event, however, will the Company's Liquidation Value be less than the Trust Fund, inclusive of any net interest income thereon. If holders of less than 20% in interest of the Company's IPO Shares vote against such approval of a Business Combination, the Company may, but will not be required to, proceed with such Business Combination. If the Company elects to so proceed, it will convert shares, based upon the Conversion Price, from those holders of IPO Shares who affirmatively requested such conversion and who voted against the Business Combination. Only holders of IPO Shares shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. If holders of 20% or more in interest of the IPO Shares vote against approval of any potential Business Combination, the Company will not proceed with such Business Combination and will not convert such shares.

  • Series A Liquidation Value means the amount equal to the sum of (i) the Series A Issue Price, plus (ii) all Series A Unpaid Distributions, plus (iii) Series A Partial Period Distributions, in each case, with respect to the applicable Series A Preferred Unit.