Rate adjustment percentage definition

Rate adjustment percentage means the percentage used to determine the minimum adjustment threshold to the rate weight of one for all facilities. The percentage is thirty-sixth hundredths of one percent effective with the June 30, 2019, cost reporting period.
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Rate adjustment percentage means the percentage used to determine the minimum adjustment threshold to the rate weight of one for all facilities.
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Rate adjustment percentage means the product obtained by multiplying (i) the difference between (A) the annual rate of interest payable by New LP in respect of the New LP Financing determined as set forth in Section 2.06 of the Transaction Agreement and (B) the rate of interest that would be payable by New LP through Cellco Partnership on a loan extended to it by Verizon Global Funding Corp. as set forth in the most recent monthly Cash Pool Interest Notice delivered prior to the Closing Date by VCI to Cellco, which rate shall be certified in writing to the Company by the controller of Cellco and (ii) a fraction, the numerator of which is $350,000,000 and the denominator of which is the Company's Original Capital Contribution.
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More Definitions of Rate adjustment percentage

Rate adjustment percentage means the product obtained by multiplying (i) the difference between (A) the annual rate of interest payable by the Partnership in respect of the New LP Financing determined as set forth in Section 2.06 of the Transaction Agreement and (B) the rate of interest that would be payable by the Partnership through Cellco Partnership on a loan extended to it by Verizon Global Funding Corp. as set forth in the most recent monthly Cash Pool Interest Notice delivered prior to the Closing Date by VCI to Cellco, which rate shall be certified in writing to the Company by the controller of Cellco and (ii) a fraction, the numerator of which is $350,000,000 and the denominator of which is the Company's Original Capital Contribution.
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Related to Rate adjustment percentage

  • Adjustment Percentage means, with respect to any Loan, the quotient (expressed as a decimal) of the Loan Value for such Loan divided by the Cut-Off Date Unpaid Principal Balance of such Loan.

  • Discount Percentage shall have the meaning specified in Section 2.11.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.