Payment Rate definition

Payment Rate means the rate (expressed in €/MWh, €/Mvarh or €/MWs2h as appropriate) for the calculation of payments for DS3 System Services as specified in the Charging Statement;

Payment Rate means the rate of compensation at which the Insured is indemnified, as determined by AFSC.

Payment Rate. For any Collection Period in which a Take-Out does not occur, the ratio, expressed as a percentage, the numerator of which is equal to Collections received during such Collection Period and the denominator of which is equal to the Aggregate Outstanding Eligible Loan Net Balance as of the first day of such Collection Period. For the avoidance of doubt, the Payment Rate will not be required to be calculated for any Collection Period in which a Take-Out occurs.

Examples of Payment Rate in a sentence

• The RR Capability (as calculated in accordance with paragraph 7.1) for the Trading Period is multiplied by the RR Synchronised Payment Rate to determine the payment to be made to the Service Provider for the Trading Period.

• The POR Capability (as calculated in accordance with paragraph 3.1) for the Trading Period is multiplied by the POR Payment Rate to determine the payment to be made to the Service Provider for the Trading Period.

• The RR Capability (as calculated in accordance with paragraph 7.1) for the Trading Period is multiplied by the RR De-Synchronised Payment Rate to determine the payment to be made to the Service Provider for the Trading Period.

• The SOR Capability (as calculated in accordance with paragraph 4.1) for the Trading Period is multiplied by the SOR Payment Rate to determine the payment to be made to the Service Provider for the Trading Period.

More Definitions of Payment Rate

Payment Rate means the rate defined as such in Section 4.1 of this Agreement.

Payment Rate means, at any time of determination, the ratio (expressed as a percentage) of (a) the total amount of Collections that reduce the Outstanding Balance on the Receivables during such Fiscal Month to (b) the aggregate Outstanding Balance of Receivables as of the inception of such Fiscal Month.

Payment Rate means the ratio (expressed as a percentage and rounded upward to the nearest 1/100th of 1%) computed as of the last day of each Collection Period by dividing [*];

Payment Rate means the rate determined under section 50-24.4-06.

Payment Rate means, for any Collection Period, the percentage equivalent of a fraction, the numerator of which is equal to the amount of all cash Collections during such Collection Period and the denominator of which is equal to the average amount of Receivables outstanding during the prior Collection Period.

Payment Rate means 3.50%. Assuming the Notes are not automatically called by the Bank and the applicable Basket Return is equal to or greater than the Payment Threshold on each Valuation Date in a given year, the effective annual Payment Rate would be 7.00% in such year.

Payment Rate means, for any calendar month, the percentage equal to the aggregate Collections received during such month, divided by the aggregate Outstanding Balance of all Receivables as at the last day of the month immediately prior to such month.