Provider Rate definition

Provider Rate means the rate of interest per annum set forth in the Provider Bonds and equal to the Prime Rate plus 1% or, if applicable, the Default Rate; provided, however, that such Provider Rate shall not exceed the Maximum Interest Rate.
Provider Rate means the rate of interest applicable to the interest evidenced by Provider Certificates determined pursuant to an applicable Credit and/or Liquidity Facility, not to exceed the Maximum Rate.
Provider Rate means the amount the Provider charges.

Examples of Provider Rate in a sentence

  • As described in Attachment A, Section 10.17, "Pass-through Payments for Provider Rate Increases," the MCO must pay the full amount of supplemental payments to qualified providers no later than 30 calendar days after receipt of HHSC's supplemental payment report, contingent upon MCO's receipt of payment of the allocation.

  • Company hereby agrees to pay to the Credit Bank the amount of each Principal Drawing and each Interest Drawing no later than 1:00 p.m. (Pacific time) on the first Business Day following the date of payment by the Credit Bank of such Drawing, plus interest at the Credit Provider Rate on such amounts from and including the date such amounts are paid by the Credit Bank until payment in full by Company (as determined by the Credit Bank).

  • Company shall pay interest on any such payment not made on the due date, at the Credit Provider Rate, to the Business Day on which such payment is made.

  • The Obligor hereby agrees to pay interest at the Credit Provider Rate on any and all amounts required to be paid by the Obligor under this Agreement from and after the due date thereof until paid in full, whether before or after the expiration of the Letter of Credit or this Agreement, at the stated Expiration Date of the Letter of Credit or otherwise, such interest to be payable on demand.

  • Borrower hereby agrees to pay interest at the -------- Credit Provider Rate on any and all amounts required to be paid by Borrower under this Agreement from and after the due date thereof until paid in full, whether before or after the expiration of the Letter of Credit and this Agreement, at the Stated Expiration Date or otherwise, such interest to be payable on demand.

  • The Obligor shall pay interest on any such payment not made on the due date, at the Credit Provider Rate, to the Business Day on which such payment is made.

  • Company hereby agrees to pay interest at the Credit Provider Rate on any and all amounts required to be paid by Company under this Agreement from and after the due date thereof until paid in full, whether before or after the expiration of the Letter of Credit and this Agreement, at the Stated Expiration Date or otherwise, such interest to be payable on demand.

  • Borrower shall pay interest on any such payment not made on the due date, at the Credit Provider Rate, to the Business Day on which such payment is made.

  • Upon receipt of a ------------------------------------- Remarketing Notice in accordance with subsection (a), the Corporation shall direct the Tender Agent to deliver those Variable Rate Bonds held in the account of the Corporation being remarketed by the Remarketing Agent against payment for such Variable Rate Bonds in an amount equal to the principal amount thereof plus interest accrued thereon at the Provider Rate.

  • Upon receipt of a Remarketing Notice in accordance with subsection (a), the Corporation shall direct the Tender Agent to deliver those Variable Rate Bonds held in the account of the Corporation being remarketed by the Remarketing Agent against payment for such Variable Rate Bonds in an amount equal to the principal amount thereof plus interest accrued thereon at the Provider Rate.


More Definitions of Provider Rate

Provider Rate means the rate of interest per annum equal to the Prime Rate plus 1%.
Provider Rate means rate stated in the Schedule being the fee charged by the Home to the Council.
Provider Rate means the rate of interest borne by the Provider Bonds, as set forth in the Liquidity
Provider Rate means the interest rate which Provider Certificates bear, from time to time, as determined in accordance with the provisions of the Liquidity Facility or any reimbursement or similar agreement entered into between the School Board and the Liquidity Provider, but in no event in excess of the Maximum Provider Rate.

Related to Provider Rate

  • Commercial Paper Rate means: (1) the

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

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.