Promotional Rates Term definition

Promotional Rates Term means in respect of a qualifying Account, the period of three (3) months from the Participation Date, both dates inclusive.
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Promotional Rates Term means in respect of a qualifying Account, the period of seven (7) days from the Participation Date for one time only.
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Examples of Promotional Rates Term in a sentence

  • Upon expiry of the Promotional Rates Term, the interest rates shall revert to the Prevailing Interest Rates.

  • These Promotional Interest Rates are only applicable to the Incremental Fresh Funds Balance in the Account and are calculated on a daily basis for the Promotional Rates Term only.

  • The section provides, "as from the commencement of this Act, the provisions of the African Charter on Human and People’s Rights which are set out in the Schedule to this Act, shall subject as thereunder provided have force of law in Nigeria and shall be given full recognition and effect and be applied by authorities and persons exercising legislative, executive or judicial powers in Nigeria".

  • These Promotional Rates are only applicable to the Incremental Fresh Funds Balance in the Account during the Promotional Rates Term only and are calculated on a daily basis.

  • To qualify for the Promotion, the Account must be valid, subsisting and in good standing throughout the Promotional Rates Term.

  • Fresh Funds deposit into the Account is a minimum of S$200,000 and Incremental Fresh Funds Balance of S$200,000 or more must be maintained in the Account, for the Promotional Rates to apply to the Incremental Fresh Funds Balance during the Promotional Rates Term.

  • An Accountholder shall not be entitled to the Promotional Rates, for any period of time within the Promotional Rates Term, during which the Incremental Fresh Funds Balance in his Account falls below the minimum amount of S$200,000 (existing Accountholders) or S$350,000 (new Accountholders), whether as a result of withdrawals or deductions or otherwise.

  • If the Account is closed within the Promotional Rates Term; or if any Accountholder withdraws from this Promotion; or if the Bank subsequently discovers that the Accountholder is not eligible to participate in this Promotion, the Bank may at its discretion amend the interest rate applicable to the deposits in the Account to the Prevailing Interest Rates or reclaim/forfeit any the additional interest(s), if already awarded.

  • An Accountholder shall not be entitled to the Promotional Rates, for any period of time within the Promotional Rates Term, during which the IFFB in the Account falls below the minimum amount of S$200,000 for existing Accountholders or S$350,000 for new Accountholders (as the case may be), whether as a result of withdrawals or deductions or otherwise.

  • Indicate what specific tranings and expertise reside within the team that reinforces the commitment to compliance.

Related to Promotional Rates Term

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.4(a).

  • SONIA Compounded IndexStart means, with respect to an Interest Accrual Period, the SONIA Compounded Index determined in relation to the day falling the Relevant Number of London Banking Days prior to the first day of such Interest Accrual Period; and

  • 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;

  • Three-dimensional reference system means a system as described in Appendix 2 to this annex;

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Reset Period means each period from and including the First Reset Date to but excluding the next following Reset Date and thereafter from and including each Reset Date to but excluding the next following Reset Date;

  • SONIA Compounded IndexEnd means the SONIA Compounded Index Value on the date falling “p” London Business Days prior to (i) in respect of an Interest Accrual Period, the Interest Payment Date for such Interest Accrual Period, or (ii) if the Notes become due and payable prior to the end of an Interest Accrual Period, the date on which the Notes become so due and payable; and

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Compounded Daily XXXXX means the rate of return of a daily compound interest investment (with the daily Sterling Overnight Index Average as the Reference Rate for the calculation of interest) and will be calculated by the Principal Paying Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the applicable Final Terms Document) on the Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the fourth decimal place, with 0.00005 being rounded upwards: where:

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • 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.

  • Average daily attendance or "ADA" means actual average daily

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Streamline Period is, on and after the Effective Date, provided no Event of Default has occurred and is continuing, the period (a) commencing on the first day of the month following the day that Borrower provides to Bank a written report that Borrower has, at all times during the immediately preceding month, maintained an Adjusted Quick Ratio, as determined by Bank in its sole discretion, of at least the Required Streamline Ratio; and (b) terminating on the earlier to occur of (i) the occurrence of an Event of Default, and (ii) the first day thereafter in which Borrower fails to maintain the Required Streamline Ratio, as determined by Bank in its sole discretion. Upon the termination of a Streamline Period, Borrower must maintain the Required Streamline Ratio each consecutive day for one (1) fiscal quarter as determined by Bank in its sole discretion, prior to entering into a subsequent Streamline Period. Borrower shall give Bank prior written notice of Borrower’s election to enter into any such Streamline Period, and each such Streamline Period shall commence on the first day of the monthly period following the date Bank determines, in its sole discretion, that the Required Streamline Ratio has been achieved.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Applicable Revolver LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

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

  • Applicable Reference Rate means with respect to any Loan made in any currency, the rate indicated on Annex II under the heading “Applicable Reference Rate” for such currency.

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);