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Monthly Extension Rate definition

Monthly Extension Rate means, with respect to any Accounting Date, the fraction, expressed as a percentage, the numerator of which is the aggregate Principal Balance of Receivables whose payments are extended during the related Collection Period and the denominator of which is the aggregate Principal Balance of Receivables as of the immediately preceding Accounting Date.
Monthly Extension Rate means, with respect to any Accounting Date, the fraction, expressed as a percentage, the numerator of which is the aggregate Principal Balance of Receivables whose payments were extended during the related Collection Period and the denominator of which is the Aggregate Principal Balance as of the immediately preceding Accounting Date.
Monthly Extension Rate has the meaning ascribed thereto in the Insurance Agreement.

Examples of Monthly Extension Rate in a sentence

  • At the expiration of the selected Term Payment Plan period, the Monthly Extension Rate in effect at the time of contract expiration will apply, unless a new TPP is selected.

  • Customer TPPs that expire prior to January 11, 2008 may extend their service until January 11, 2008 utilizing the Monthly Extension Rate provision of the TPP.

  • No customer shall purchase GigaMAN at the Monthly Extension Rate basis prior to the completion of a TPP.

  • Pricing following the end of Minimum Payment Period or Pricing Schedule Term The Monthly Extension Rate (not to exceed rate) listed in Appendix A (section 1.1.5. Rates and Charges) applies upon expiration of each Service Component’s Service Order Minimum Payment Period.

  • The following billing periods are available for DS3 High Capacity Services and associated optional features and functions: - Month-to-Month*- Monthly Extension Rate- 1 Year (Channel Termination Only)- 3 Year (Channel Termination Only)- 5 Year (Channel Termination Only) * This option will no longer be available for new circuits provisioned on or after, November 21, 2003.

  • This allocation shall cease to be mandatory as soon and as long as the aggregate amount of the Company's reserve amounts to ten per cent (10%) of the Company's issued share capital.25.3 The annual general meeting of shareholders determines upon recommendation of the management board how the remainder of the annual net profits will be allocated.

  • New installations for existing customers will be able to utilize the Term Payment Plan (TPP), but no plan may be ordered with a termination date beyond January 11, 2008.Customer TPPs that expire prior to January 11, 2008 may extend their service untilJanuary 11, 2008 utilizing the Monthly Extension Rate provision of the TPP.

  • The Monthly Extension Rate (not to exceed rate) are stabilized as of the Effective Date of the Pricing Schedule, and apply upon expiration of a Minimum Payment Period.

  • Another method that has been previously proposed consists of a PIN verication technique relying on a numeric keypad with two shades of the keys as painted either black or white but the limitation of this system is it requires users to go multiple steps of color identication and if a video recording of the login is made the pattern can be found out because the system still uses an embedded keypad [11].

  • MONTHLY EXTENSION RATE (PRECEDING COLLECTION PERIOD) (35) Aggregate Principal Balance of Receivables extended during the preceding collection period (35) 18,182,417.21 (36) Beginning of Period Pool Balance (36) 840,284,229.55 (37) Monthly Extension Rate (37) 2.16% X.


More Definitions of Monthly Extension Rate

Monthly Extension Rate means the number of extensions granted during any Collection Period divided by the aggregate number of retail installment sales contracts owned or serviced by the Seller at the beginning of the Collection Period.
Monthly Extension Rate. The number of extensions granted during any Collection Period divided by the aggregate number of retail installment sales contracts owned or serviced by the Seller at the beginning of the Collection Period. Moody’s: Xxxxx’x Investors Service, Inc.
Monthly Extension Rate means, for any Settlement Period, a fraction expressed as a percentage, the numerator of which is the aggregate Outstanding Balance, as of the last day of such Settlement Period, of all Receivables comprising the Servicing Portfolio with respect to which the scheduled payments relating thereto were extended during such Settlement Period, and the denominator of which is the Servicing Portfolio Balance as of the last day of such Settlement Period.

Related to Monthly Extension Rate

  • 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.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Debt service extension base means an amount equal to that

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Extension Term means the time period defined in §2.C.

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Redetermination Date means, with respect to any Scheduled Redetermination or any Interim Redetermination, the date that the redetermined Borrowing Base related thereto becomes effective pursuant to Section 2.07(d).

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Extension Date has the meaning specified in Section 2.19(b).

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Extension Period has the meaning set forth in Section 2.11.

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Aggregate extension base means the taxing district's

  • Reduction Date has the meaning set forth in Section 20.1B.