Senior Rate definition

Senior Rate. For each Class of Notes, as specified in the related Indenture Supplement.

Senior Rate means, for the Series 2020-VF1 Notes, the Note Interest Rate.

Senior Rate means, for (i) Class A-T1, a rate per annum equal to 0.997%; (ii) Class B-T1, a rate per annum equal to 1.246%; (iii) Class C-T1, a rate per annum equal to 1.743%; (iv) Class D-T1, a rate per annum equal to 2.734%; (v) Class E-T1, a rate per annum equal to 4.458%; and (vi) Class F-T1, a rate per annum equal to 5.926%.

Examples of Senior Rate in a sentence

• Collector shall continue to implement a Senior Rate Discount program.

• Senior citizen Residential Customers may request a Senior Rate Discount either by phone or in writing.

• This Senior Rate Discount shall only apply to charges for weekly Standard Solid Waste Services.

• Effective July 1, 2017, employees eligible for and at the Senior Rate shall receive a 2.25% increase to their base salary on his/her appropriate anniversary date provided that the eligible employee is on the University’s payroll in an IUOE negotiations unit position on the payment date of the Senior Rate payment.

• In the event that an employee at the Senior Rate receives a promotion or upgrade to a new salary range, said employee shall receive a 1.5% increase to his/her current base salary or shall be placed at the appropriate step of the new salary range on the salary table, whichever is greater.

More Definitions of Senior Rate

Senior Rate. For each Class of Notes, equals (a) the lesser of the Conduit Cost of Funds Rate and One-Month LIBOR plus (b) the Senior Margin for such Class.

Senior Rate means, for (i) the Class A-1-T2 Term Notes will be a rate per annum equal to 1.34%; (ii) the Class A-2-T2 Term Notes will be a rate per annum equal to 1.99%; (iii) the Class B-1-T2 Term Notes will be a rate per annum equal to 1.74%; (iv) the Class B-2-T2 Term Notes will be a rate per annum equal to 2.48%; (v) the Class C-1-T2 Term Notes will be a rate per annum equal to 3.22%; (vi) the Class C-2-T2 Term Notes will be a rate per annum equal to 3.96%; (vii) the Class D-1-T2 Term Notes will be a rate per annum equal to 3.96%; and (viii) the Class D-2-T2 Term Notes will be a rate per annum equal to 4.94%.

Senior Rate has the meaning assigned to such term in the Pricing Side Letter.

Senior Rate has the meaning given to such term in the Pricing Side Letter.

Senior Rate means, for each Class of the Series 2012-VF1 Notes, (a) the lesser of the Conduit Cost of Funds Rate and One-Month LIBOR plus (b) the Senior Margin for such Class.

Senior Rate means, for each Class of the Series 2013-VF1 Notes, (a) the lesser of the Cost of Funds Rate and One-Month LIBOR plus (b) the Senior Margin for such Class.

Senior Rate. For any Class of Notes issued prior to the Sixth Amendment Effective Date, as specified in the related Indenture Supplement.