Service Charge Rate definition

Service Charge Rate means the monthly rate of the Service Charge.
Sample 1Sample 2Sample 3
Service Charge Rate means the Service Charge per square metre for each month as set out in schedule 1.
Sample 1Sample 2Sample 3
Service Charge Rate. The Service Charge Rate is a fixed rate and will remain in effect for the entire Term of the Loan. The Service Charge Rate is disclosed to you at the time you apply for your ACA Account by your Plan Administrator.
Sample 1

Examples of Service Charge Rate in a sentence

  • The Rate applicable to a Loan is determined by adding the applicable Interest Rate to the applicable Service Charge Rate.

  • The Service Charge Rate in effect for the billing cycle in which a Loan was initiated is a fixed rate and will remain in effect for the entire Term of that specific Loan (as defined in Section 6 above).

  • The portion of the periodic Finance Charges that result from the application of the Service Charge Rate to the outstanding principal balance of the Loan is the Service Charge you will pay on a Loan (Finance Charge) to administer the Loan Account.

  • Any change in the Service Charge Rate will only apply to new Loans initiated after any change in the Service Charge Rate is effective.

  • Charge / Charge rate Amount / Calculation Payable Interruptible Back Haul Service Charge Interruptible Back Haul Service Charge Rate x ∑Quantity of Gas measured or determined as having been delivered to User on account of the Interruptible Back Haul Service on each Day in the relevant Month Monthly in arrears Interruptible Back Haul Service Charge Rate $[insert amount] per GJ N/A 5.

  • The Retail Account Service Charge shall be determined monthly by multiplying the Service Charge Rate, expressed as a monthly rate, with respect to the relevant Retail Account Settlement Period by the average of the averages of sold Retail Accounts including additions thereto outstanding at the beginning and at the end of each Retail Account Settlement Period during a calendar month.

  • Charge / Charge rate Amount / Calculation Payable Interruptible Forward Haul Service Charge Interruptible Forward Haul Service Charge Rate x ∑Quantity of Gas measured or determined as having been delivered to User on account of the Interruptible Forward Haul Service on each Day in the relevant Month Monthly in arrears Interruptible Forward Haul Service Charge Rate $[insert amount] per GJ N/A 5.

  • The Service Charge Rate is a fixed rate and is disclosed to you at the time you apply for your MPL Account by your Plan Administrator.

  • The Rate is a percentage rate that includes two components: (i) the interest rate that is applicable to the Loan (Interest Rate), and (ii) the service charge rate that is applicable to the Loan (Service Charge Rate).

  • The Dealer Open Account Service Charge shall be, for any calendar month, an amount equal to x) the applicable Service Charge Rate, expressed as a monthly rate, multiplied by y) the average daily sum of Dealer Open Accounts including additions thereto outstanding for such calendar month.


More Definitions of Service Charge Rate

Service Charge Rate in relation to any Support Service, means:
Sample 1
Service Charge Rate with respect to a settlement period under this Agreement, means the higher of (i) the Prime Rate in effect on the 3rd Monday of the calendar month preceding such settlement period plus one hundred basis points and (ii) eight per cent (8%) expressed as a daily, weekly, annual or monthly rate, as appropriate or such other rate as the parties may agree to in writing from time to time.
Sample 1
Service Charge Rate means on any Auction Date or on any effective date of a Change in the Interest Rate Mode to an Auction Rate-Inverse Rate Period with respect to Auction Rate-Inverse Rate Bonds, the sum of:
Sample 1
Service Charge Rate. The Service Charge Rate is a fixed rate is 2.9% to administer the Loan Account. The Service Charge Rate in effect for the billing cycle in which a Loan was initiated is a fixed rate and will remain in effect for the entire Term of that specific Loan. Any increase or decrease in the Service Charge Rate will only apply to new Loans initiated after any change in the Service Charge Rate is effective.
Sample 1

Related to Service Charge Rate

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Finance Charge Shortfall shall have the meaning specified in Section 4.09.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • Fixed Charge Ratio means, as of any date of determination, the quotient (expressed as a percentage) of (a) Consolidated EBITDA, divided by (b) Consolidated Fixed Charges.

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Annual Percentage Rate or “APR” of a Receivable means the annual rate of finance charges stated in such Receivable.

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

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Excess Rate With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges required to be paid for such Measurement Period, plus (b) regularly scheduled principal payments required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations and Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Turnover Rate means the period of time (usually in hours) required to circulate a volume of water equal to the pool or spa capacity.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Available Funds Rate With respect to any Payment Date and the Notes, the per annum rate equal to the product of (1) (a) 360 divided by (b) the actual number of days in the Accrual Period, and (2) (a) Interest Funds for such Payment Date, divided by (b) the aggregate Class Principal Amount of the Notes as of the first day of the related Accrual Period.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.