Termination Rate definition

Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts.

Termination Rate. That certain rate as agreed to in writing by the Seller and the Servicer.

Termination Rate refers to the rate payable by the Customer in the event of early termination depending on the residence type;

Examples of Termination Rate in a sentence

• Notwithstanding any provision to the contrary contained in this Agreement, in no event shall the Default Rate, Non-default Rate, or Termination Rate exceed the maximum non-usurious interest rate, if any, that at any time or from time to time may be contracted for, taken, reserved, charged, or received on the subject indebtedness under the law applicable to such party.

• In the event the Seller terminates the Servicer without cause with respect to some or all of the Mortgage Loans (other than Distressed Mortgage Loans), the Seller shall be required to pay to the Servicer a Termination Fee in an amount equal to the sum of (i) the product of (x) the Termination Fee Percentage, (y) the applicable Termination Rate and (z) the outstanding principal balance of the terminated Mortgage Loans as of the date of such termination and (ii) $15.00 for each Mortgage Loan so terminated.

• The Channel Termination Rate Category provides for the communications path between a Customer designated premises, and another Customer designated premises.

• Interest on any amounts due that are subject to dispute shall be paid from (and including) the date of non-payment to (but excluding) the date such amount is paid, at the Termination Rate.

• All computations using the Agreed Rate, Default Rate or Termination Rate shall use the “Actual/360” day count convention.

More Definitions of Termination Rate

Termination Rate means the lesser of (i) 6.5% and (ii) LIBOR plus 100 basis points.

Termination Rate means the Applicable Treasury Rate plus 300 basis points, where the “Applicable Treasury Rate” means a rate equal to the yield to maturity as of the date an Early Termination Notice is delivered of U.S. Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H. 15 (519)) of ten years.

Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts. "Unpaid Amounts" owing to any party means, with respect to an Early Termination Date, the aggregate of (a) in respect of all Terminated Transactions, the amounts that became payable (or that would have become payable but for Section 2(a)(iii)) to such party under Section 2(a)(i) on or prior to such Early Termination Date and which remain unpaid as at such Early Termination Date and (b) in respect of each Terminated Transaction, for each obligation under Section 2(a)(i) which was (or would have been but for Section 2(a)(iii) required to be settled by delivery to such party on or prior to such Early Termination Date and which has not been so settled as at such Early Termination Date, an amount equal to the fair market value of that which was (or would have been) required to be delivered as of the originally scheduled date for delivery, in each case together with (to the extent permitted under applicable law) interest, in the currency of such amounts, from (and including) the date such amounts or obligations were or would have been required to have been paid or performed to (but excluding) such Early Termination Date, at the Applicable Rate. Such amounts of interest will be calculated on the basis of daily compounding and the actual number of days elapsed. The fair market value of any obligation referred to in clause (b) above shall be reasonably determined by the party obliged to make the determination under Section 6(e) or, if each party is so obliged, it shall be the average of the Termination Currency Equivalents of the fair market values reasonably determined by both parties.

Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to the Bank (as certified by the Bank) if it were to fund or of funding such amounts.「終止利率」指相當於顧客從本銀行（經本銀行認證）取得有關金額須支付的成本（毋須提供任何實際成本的證明或證據）的算術平均值的年利率。

Termination Rate means LIBOR, as in effect for the calendar quarter in which the Announcement Date (or, in the case of a distribution under Section 8.6(b), the applicable record date established by the Board of the Company) for the applicable Termination Payment occurs, plus one percent (1%) per annum.

Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost to each party (as certified by such party) if it were to fund or of funding such amounts.

Termination Rate the conveyance charge, which if the Donor Operator is CP A will be the amount set out in the CP A’s Price List and if the Donor Operator is CP B, will be the amount set out in CP B’s Price List both of which will reflect their respective termination rates agreed with the Transit Operator from time to time;