Rate Parity definition

Rate Parity means the same or better rates for the same accommodation, same room type, same dates, same bed type, same number of guests, same or better amenities and add-ons (e.g. free breakfast, Wi-Fi, early/late checkout), same or better restrictions and policies such as reservation changes and cancellation policy as are available on the Accommodation’s websites, apps or call-centers (including the customer reservation system), or directly at the Accommodation, with any competitor of Maletravel (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation. Rate parity does not apply in respect of rates intended for a closed user group ("closed user group" means a group with defined limitations where membership is not automatic and where: (i) consumers actively opt in to become a member, (ii) any online or mobile interface used by closed user group members is password protected, (iii) closed user group members have completed a customer profile, and (iv) the consumer to which the rate is offered or made available already made at least one prior booking as a member of the closed user group) provided that such rates are not (directly or indirectly) publicly (made) available. In the event that a closed user group rate is (directly or indirectly) publicly (made) available (by the Accommodation, a (direct/indirect) competitor of Xxxxxxx.xxx or on any third party (platform) (including any (meta) search engine or price comparison website), Maletravel is entitled to rate parity for such rate. Availability Parity means that the Accommodation shall provide Maletravel with such availability (i.e. rooms available for booking at the Platform) that are at least as favorable as those provided to any competitor of Maletravel Nederland (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation.
Sample 1
Rate Parity means the same or better rates for the same accommodation, same room type, same dates, same bed type, same number of guests, same or better restrictions and policies such as breakfast, reservation changes and cancellation policy as are available on the Accommodation's websites, apps or call centers (including the customer reservation system), or directly at the Accommodation, with any competitor of Xxxxxxx.xxx (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation. Rate parity does not apply in respect to rates intended for a closed user group ("closed user group" means a group with defined limitations where membership is not automatic and where: (i) consumers actively opt in to become a member,
Sample 1
Rate Parity is deleted and is replaced with the following:
Sample 1

Examples of Rate Parity in a sentence

  • Hotel should load TSA and TS8 rates in the GDSs (as defined in Section 1.1) under Hotel’s GDS chain and Hotel codes, as well as CRS and any relevant Channel Manager tools to ensure Channel and Rate Parity.

  • Two well-known puzzles in international finance arise as a result of the apparent failure of many empirical models to find support for either the PPP (Purchasing Power Parity) or the UIP (Uncovered Interest Rate Parity) relations.

  • If Serial port is selected, you can set the Baud Rate, Parity, Data Bits, and Stop Bits.

  • This equation comes from iterating forward the standard Uncovered Interest Rate Parity (UIP) equation, with an extra deviation term added in:et = −(it − it∗) − Et rxt+1 + Et et+1As Equation 4 illustrates, there are three potential terms through which the terms of trade could affect the nominal exchange rate: (1) direct monetary policy, (2) UIP deviations, which may be induced by financial flows, or (3) changes in economic fundamentals that affect the nominal exchange rate.

  • In the event, the Company becomes aware that the prices being offered by the Hotel are not at Rate Parity, the same shall be considered material breach of this Agreement and the Company shall be entitled to terminate this Agreement in accordance with sub-clause 8.3 of this Agreement.

  • The Committee approved the proposed Preliminary Budget of $43,258,503 and Schedule of Rates & Fees which includes a 3.0% domestic rate increase; continuation of the Tap and Facility Fees Parity Plan and a 4.1% increase in the Industrial Rate Parity Plan.

  • Share transfers shall be signed by or on behalf of the transferor and the transferor shall be deemed to remain the holder of such share until the name of the transferee is entered into the register of shareholders in respect thereof.

  • Room Rate Parity Analysis Across Different Hotel Distribution Channels in the U.S. Journal of Hospitality Marketing & Management, 19(4), 295-308.

  • Setting up Modbus Master protocol requires configuration of the serial port in the “Configuration/Communications/Serial Port” group, including ASCII and RTU mode, Baud Rate, Parity, number of Data bits and Stop bits etc.

  • Figure 8: Xception training and validation Predictive Rate Parity Difference for the transfer learning experi- ments.


More Definitions of Rate Parity

Rate Parity means the same or better rates for the same accommodation, same room type, same dates, same bed type, same number of guests, same or better restrictions and policies such as breakfast, reservation changes and cancellation policy as are available on the Accommodation’s websites, apps or call centers (including the customer reservation system) , or directly at the Accommodation, with any competitor of Eklips Corp. (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation. Rate parity does not apply in respect to rates intended for a closed user group ("closed user group" means a group with defined limitations where membership is not automatic and where: (i) consumers actively opt in to become a member, (ii) any online or mobile interface used by closed user group members is password protected, (iii) closed user group members have completed a customer profile, and (iv) the consumer to which the rate is offered or made available has already made at least one prior booking as a member of the closed user group) provided that such rates are not (directly or indirectly) publicly (made) available. In the event that a closed user group rate is (directly or indirectly) publicly (made) available by the Accommodation, a (direct/indirect) competitor of Eklips Corp. or on any third party (platform) (including any (meta-) search engine or price comparison website), Eklips Corp. is entitled to rate parity for such rate. Availability Parity means that the Accommodation shall provide Eklips Corp. with such availability (i.e. rooms available for booking at the Platform) that are at least as favorable as those provided to any competitor of Eklips Corp. (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation.
Sample 1
Rate Parity means the same or better rates for the same accommodation, same room type, same dates, same bed type, same number of guests, same or better restrictions and policies such as breakfast, reservation changes and cancellation policy as are available on the Accommodation’s websites, apps or call-centres (including the customer reservation system) , or directly at the Accommodation, with any competitor of Xxxxxxx.xxx (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation. Availability Parity means that the Accommodation shall provide Xxxxxxx.xxx with such availability (i.e. rooms available for booking at the Platform) that are at least as favourable as those provided to any competitor of Xxxxxxx.xxx (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the Accommodation.
Sample 1
Rate Parity means and include PTOs rates for Islamic Tour Packages that shall remain the same for same accommodation, same room type, same dates, same trip duration, same number of customers, same or better policies such as breakfast, reservation changes and cancellation policy that are offered or made available through this Platform as well as through third party’s platform, websites, mobile apps or call-centers, or directly at PTOs Centre, or with any competitor of the Platform Provider (which includes any online or offline reservation or booking agency or intermediary) and/or with any other (online or offline) third party that is a business partner of or in any other way related with or connected to the PTOs.
Sample 1

Related to Rate Parity

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Rate Ceiling The maximum per annum Mortgage Interest Rate permitted under the related Mortgage Note.

  • Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Interest Day Count Convention For any Series or Class of Notes, the fraction specified in the related Indenture Supplement to indicate the number of days counted in an Interest Accrual Period divided by the number of days assumed in a year, for purposes of calculating the Interest Payment Amount for each Interest Accrual Period in respect of such Series or Class.

  • 5-year Mid-Swap Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period:

  • Bund Rate means, as of any redemption date, the rate per annum equal to the equivalent yield to maturity as of such redemption date of the Comparable German Bund Issue, assuming a price for the Comparable German Bund Issue (expressed as a percentage of its principal amount) equal to the Comparable German Bund Price for such relevant date, where:

  • Rate Protection means the payment of premiums for a defined period of time not exceeding 12 months, in advance of a rate increase that will not require any further payments to cover any difference between the advance payment and the new premium rate.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Domestic Reserve Percentage means for any day that percentage (expressed as a decimal) which is in effect on such day, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including without limitation any basic, supplemental or emergency reserves) for a member bank of the Federal Reserve System in New York City with deposits exceeding five billion dollars in respect of new non-personal time deposits in dollars in New York City having a maturity comparable to the related Interest Period and in an amount of $100,000 or more. The Adjusted CD Rate shall be adjusted automatically on and as of the effective date of any change in the Domestic Reserve Percentage.

  • Rate Period has the meaning set forth in the Statement.

  • Interest Rate Hedging Agreement means any interest rate protection agreement or other interest rate hedging arrangement.

  • Specified Rate means, on any day, the sum of:

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Interest Rate Hedging Agreements means, with respect to any Person, the obligations of such Person under (i) interest rate swap agreements, interest rate cap agreements and interest rate collar agreements and (ii) other agreements or arrangements designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates.

  • Treasury Yield means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • Class X Strip Rate With respect to each Component for any Distribution Date, a rate per annum equal to: (i) the WAC Rate for such Distribution Date, minus (ii) the Pass-Through Rate for the Corresponding Certificates.

  • Interest Percentage With respect to any Class of Certificates and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Accrued Certificate Interest for such Class to the sum of the Accrued Certificate Interest for all Classes, in each case with respect to such Distribution Date, without regard to Relief Act Interest Shortfalls.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Accrual Yield means the rate specified as such in the applicable Final Terms; and

  • Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.

  • Interest Basis means the First Interest Basis or the Second Interest Basis, as applicable.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.