Plan Rate definition

Plan Rate means a rate of interest of five percent (5%) per annum.
Plan Rate means simple interest at the rate of seven percent (7%) per annum.
Plan Rate means interest at the non-default contract interest rate provided for in the documents applicable to the Claim of the creditor for whom the term Plan Rate is applicable. If a creditor has more than one Allowed Claim with different documents providing for different non-default contract interest rates for each such Allowed Claim, then the Plan Rate shall be calculated at the non-default contract interest rate applicable to each separate component of such creditor's Allowed Claim.

Examples of Plan Rate in a sentence

  • Any Claimant seeking (a) payment of Post-Petition Interest on such holder’s Claim at a rate other than the Plan Rate or (b) reimbursement of attorneys’ fees and other costs and expenses associated with such holder’s Claim (or both) shall file a motion seeking such relief within 30 days after the Effective Date.

  • YEARLY RENEWABLE TERM REINSURANCE PREMIUMS Plan Rate Schedule ---- ------------- GP-20 NRL-6027 Discovery One See Part 3 (a) attached Other Plans NR-5923 TEN YEAR SELECT NON REFUND YRT REINSURANCE PROGRAM USE OF THE RATE SCHEDULE SMOKER/NON SMOKER DIFFERENTIATION This schedule contains YRT rates which are differentiated by smoking habit for issue ages 20-69.

  • The State Plan Year (or State Plan Rate Year or SPY) is equivalent to the Federal Fiscal Year and runs from October 1 to September 30 of each year.

  • The Holder of the Allowed Class A2 Claim will receive on the Effective Date payment in full in Cash of any remaining balance of the Allowed Class A2 Claim with interest on the principal balance of such Allowed Claim calculated at the Plan Rate.

  • Amounts credited to each Account for any calendar quarter shall be increased by the Plan Rate (as hereinafter defined), compounded quarterly, from and after the applicable date of credit until the date of payment from such Account.


More Definitions of Plan Rate

Plan Rate means the greater of five percent (5%) or the Till Rate used by this Court.
Plan Rate means interest at a rate of five (5%) percent per annum.
Plan Rate means the interest rate available on ninety (90) day United States Treasuries on the Effective Date, but in no event greater than 7.0% per annum.
Plan Rate means the rate at which Post-Petition Interest is calculated on the Allowed Amount of a Claim, which under the Plan is the federal judgment rate in accordance with section 1961 of title 28 of the United States Code.
Plan Rate means a rate of simple interest equal to three percent (3%) per annum.
Plan Rate means a simple interest rate of 4% per annum