Monthly Rate means the rate of interest to be borne by any of the 202_ Series - Bonds as described in Section C202 hereof.
Monthly Rate means with respect to each Calculation Period during a Monthly Rate Period, a rate of interest equal to the rate of interest per annum established and certified to the Trustee (with a copy to the Authority, the Registrar and Paying Agent, and the Company) by the Remarketing Agent no later than 12:00 noon (New York City time) on and as of the Determination Date as the minimum rate of interest per annum which, in the opinion of the Remarketing Agent, would be necessary on and as of such day to remarket Bonds in a secondary market transaction at a price equal to the principal amount thereof; provided that such rate of interest shall not exceed the lesser of 110% of the Monthly Rate Index on and as of such date and the Maximum Allowed Rate.
Examples of Monthly Rate in a sentence
The Occupant agrees to pay the Owner for the use of the space and improvement thereon, the monthly sum listed above as the Monthly Rate.
The monthly charge to the Interconnection Customer to recover the revenue requirements for the Distribution Provider’s Interconnection Facilities, calculated as the product of the Customer-Financed Monthly Rate and the Interconnection Facilities Cost.
The currently effective Customer-Financed Monthly Rate is as provided in Section 16 of this Appendix A.
The currently effective Customer-Financed Monthly Rate is as provided in Section 16 of this Attachment 2.
Monthly Rate The Monthly Charges and Rates under this Service Classification are shown on Tariff Leaf No. 41.
More Definitions of Monthly Rate
Monthly Rate means the per annum interest rate to be determined for the Bonds on a monthly basis during a Monthly Rate Period pursuant to Section 3.02(c).
Monthly Rate means with respect to each Calculation Period during a Monthly Rate Period, a rate of interest equal to the rate of interest per annum established and certified to the Trustee (with a copy to the Authority, the Registrar and Paying Agent, and the Company) by a Remarketing Agent no later than 12:00 noon (New York City time) on and as of the Determination Date as the minimum rate of interest per annum which, in the opinion of such Remarketing Agent, would be necessary on and as of such day to remarket Bonds in a secondary market transaction at a price equal to the principal amount thereof; provided that such rate of interest shall not exceed the lesser of 110% of the Monthly Rate Index on and as of such date and the Maximum Allowed Rate.
Monthly Rate means a charge for services based on a thirty (30) day period, the billing of which is established by dividing the applicable monthly rate or charge by thirty (30) to derive a daily rate and multiplying the daily rate by the actual number of days in the billing period;
Monthly Rate has the meaning set forth in Section 1.11(f).
Monthly Rate means the interest rate that may be determined for Adjustable Rate Bonds on a monthly basis pursuant to the applicable provisions of the Sixteenth Supplemental Indenture.
Monthly Rate means the monthly rate for calculating remuneration for the Services as set out in Contract Schedule 3 chargeable by the Contractor to the Government for the provision of the Services before deductions;
Monthly Rate is the monthly rate specified under the heading "Payment Information" on the cover page of the Membership Agreement (as revised from time to time by us pursuant to clause 2.1).