Notional Rate definition

Notional Rate means the agreed amount, which shall be paid as compensation to the Insured per unit deviation in Weather Index (To be specified for each Policy under section “Coverage Details”, in Schedule)
Sample 1Sample 2Sample 3
Notional Rate means, in respect of:
Sample 1Sample 2
Notional Rate means a notional interest rate of 9.0766%, nominal annual compounded daily in arrears, based on a notional 365 day year and calculated from the day following the A effective date to the relevant date, both such dates inclusive;
Sample 1

Examples of Notional Rate in a sentence

  • For the purposes of disclosing comparative information relevant to the private sector equivalent, the following taxation equivalents have been applied to all council nominated business activities (this does not include council’s non-business activities): Notional Rate Applied % Corporate Income Tax Rate – 30% Land Tax – The first $406,000 of combined land values attracts 0%.

  • For the purposes of disclosing comparative information relevant to the private sector equivalent, the following taxation equivalents have been applied to all council nominated business activities (this does not include council’s non-business activities): Notional Rate Applied % Corporate Income Tax Rate – 30% Land Tax – The first $432,000 of combined land values attracts 0%.

  • Where a non-executive is temporarily assigned to act in an executive role, the allowance payable should be based on the Notional Rate 2016-2017, as varied from time to time.

  • For the purposes of disclosing comparative information relevant to the private sector equivalent, the following taxation equivalents have been applied to all council nominated business activities (this does not include council’s non-business activities): Notional Rate Applied % Corporate Income Tax Rate – 30% Land Tax – The first $412,000 of combined land values attracts 0%.

  • If Financing required, then select one of the below Please grant us Post-Shipment Loan in INR Notional Rate Please grant us Post-Shipment Loan in INR, and (tick one of two) We hereby authorise you to book a forward contact for the maturity of the export bill We have booked a Forward Contract.

  • In a non-reassessment year, the Notional Rate will equal the prior year’s actual rate.

  • After the exercise of the Vodacom SA Call Option, the BEE Participants will be left with such number of Vodacom SA shares having a market value based on the growth in value plus dividends in excess of the Notional Rate.

  • In the days ahead, some pharmacies will also be offering immunization.

  • Summary of Borrowings Currency Type Notional Rate Maturity Book Value Fair Value£m Date £m£m Fixed Rate GBPListed149Fixed31/10/2027150151GBPListed103Fixed31/10/2029103104GBPListed40Fixed31/10/20324040USD*Listed38Fixed31/10/20243941GBPListed70Fixed30/08/20307072GBPListed225Fixed30/08/2033227231 625 629639GBPListed350Fixed17/09/2029353363 350 353363TOTAL 975 9821,002* Dollar amount is $50m As at 31 March 2019 the company had no collateral placed or received from counterpart ies and no committed facilities.

  • Several of the calculation references in column D of Table 2.11.2-1 are also incorrect.71 Exhibit 25866-X0002, paragraph 86.72 Exhibit 25866-X0002, Table 2.11.2-2.73 For example: Decision 24882-D01-2019, Section 5.1, 2019 CS49 Notional Rate Base and Section 5.2, CS46 rate true-up.74 Exhibit 25866-X0002, Table 2.11.2-1 and Table 2.11.2-2.


More Definitions of Notional Rate

Notional Rate means the rate for each Property as initially established by the Board;
Sample 1
Notional Rate means the rate prescribed by the regulations for the purposes of this section.
Sample 1
Notional Rate means the notional rate determined by the Board in respect of each issue of A Shares;
Sample 1

Related to Notional Rate

  • Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.

  • additional rate means the additional rate levied by the City of Cape Town on rateable properties within the designated boundaries of the Special Rating Area for purposes of raising funds for improving and upgrading that area, subject to any exemptions or permissible differentiation between categories of property, as contemplated in section 22(1) of the Rates Act, read with sections 8(1) and 12(2) of the By-Law;

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • ANNUAL RATE ADJUST: MONTHLY P&I : 1,761.04 OUTSIDE CONV DATE : LIFETIME RATE : 8.00000 MATURITY DATE : 03/01/27 CURRENT INT RATE: 8.00000 PRODUCT CODE : 002 LTV : 74.88200 --------------------------------------------------------------- 0 0030771968 MORTGAGORS: MEDINA CLAUDIO MEDINA GINA REGION CODE ADDRESS : 13512 GREENSTONE DRIVE 01 CITY : RANCHO CUCAMONGA STATE/ZIP : CA 91739 MORTGAGE AMOUNT : 267,000.00 OPTION TO CONVERT : UNPAID BALANCE : 266,825.34 ANNUAL RATE ADJUST: MONTHLY P&I : 1,982.47 OUTSIDE CONV DATE : LIFETIME RATE : 8.12500 MATURITY DATE : 03/01/27 CURRENT INT RATE: 8.12500 PRODUCT CODE : 002 LTV : 89.89800 --------------------------------------------------------------- 0 0030772065 MORTGAGORS: GOLD NEAL REGION CODE ADDRESS : 17 GLOUCESTER STREET, UNIT#9 01 CITY : BOSTON STATE/ZIP : MA 02215 MORTGAGE AMOUNT : 450,000.00 OPTION TO CONVERT : UNPAID BALANCE : 450,000.00 ANNUAL RATE ADJUST: MONTHLY P&I : 3,301.95 OUTSIDE CONV DATE : LIFETIME RATE : 8.00000 MATURITY DATE : 04/01/27 CURRENT INT RATE: 8.00000 PRODUCT CODE : 002 LTV : 49.34200 --------------------------------------------------------------- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,489,600.00 P & I AMT: 10,876.62 UPB AMT: 1,488,891.30 1 GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C ISSUE DATE: 04/01/97 P.O. BOX 5260 TMS AG0004970430 00 01 03 04 PAGE: 76 CHERRY HILL, N.J. 08034 (800) 257-7818

  • Original Accrual Rate With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related Accounting Net Yield as of the Cut-off Date; and (ii) the related mortgage rate as of the Cut-off Date minus 0.35%.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Initial Rate means each rate of interest to be paid in an Initial Period as set forth in the Certificate.

  • Current Accrual Rate means, with respect to each Payment Date and any Reference Obligation, the current mortgage rate, less the greater of (i) the related servicing fee rate and (ii) 35 basis points.

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Adjusted Base Rate means the Base Rate plus the Applicable Percentage.

  • Strike Rate means a fixed rate of interest under the Cap Agreement that does not exceed the Original Strike Rate. Rate Cap Agreement and Rate Cap Agreement Reserve Fund RIDER TO MULTIFAMILY LOAN AND SECURITY AGREEMENT TRADE NAMES (Revised 3-1-2014) The following changes are made to the Loan Agreement which precedes this Rider:

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Component Interest Rate Not applicable.

  • Maximum Legal Rate means the maximum nonusurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged or received on the indebtedness evidenced by the Note and as provided for herein or the other Loan Documents, under the laws of such state or states whose laws are held by any court of competent jurisdiction to govern the interest rate provisions of the Loan.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Highest Lawful Rate means the maximum lawful interest rate, if any, that at any time or from time to time may be contracted for, charged, or received under the laws applicable to such Lender which are presently in effect or, to the extent allowed by law, under such applicable laws which may hereafter be in effect and which allow a higher maximum nonusurious interest rate than applicable laws now allow.

  • Maximum Advance Rate means 80.0%.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Annual Revenue Rate means the rate employed to assess a compliance penalty charge on a Curtailment Service Provider under Tariff, Attachment DD, section 11. Annual Transmission Costs: