Threshold Error Rate definition

Threshold Error Rate means the percentage error rate established under Exhibit E-1 which, when exceeded, is a Potential Violation, and for Metrics that are tested on an overall yes/no basis, a fail on such a Metric is also a Potential Violation;
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Threshold Error Rate means the error rate established under Exhibit E-1 which, when exceeded, is a Potential Violation;
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Threshold Error Rate means the percentage error rate established under Exhibit E-1 to the Judgment, which, when exceeded, is a Potential Violation, and for Metrics that are tested on a yes/no basis, a fail on such a Metric, which is also a Potential Violation. A “Potential Violation” has the meaning given to such term in Paragraph E.1 of Exhibit E of the Judgment and a Potential Violation occurs when Servicer exceeds, or otherwise fails, a Threshold Error Rate set for a Metric.
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Examples of Threshold Error Rate in a sentence

  • After Servicer revised its proposed CAP to reflect changes requested by the Professionals, I determined, with the assistance of the Professionals, that the CAP was appropriately comprehensive and, provided it was properly implemented by Servicer, could reasonably be expected to lower Servicer’s error rate during the Cure Period to a level below the 5% Threshold Error Rate.

  • The Threshold Error Rate for the first test question is 5% and is evaluated on a yes/no basis (i.e., a negative response would result in a loan-level error).

  • As reported by Servicer in its Quarterly Report, and as shown in Table 1 below, the IRG determined that the Threshold Error Rate had not been exceeded for any of the metrics tested.Table 1: Servicer’s Metric Compliance Results for the Third Quarter of 2015 Metric No.

  • In its Quarterly Report for the quarter ended September 30, 2014, based on the IRG’s testing during Test Period 9, Servicer reported that it had not exceeded the Threshold Error Rate for the Cure Period (Test Period 9).

  • The Metric has three test questions and the Threshold Error Rate for Metric 33 is 5%.

  • If a Metric was under a CAP, there had been a Potential Violation of the Metric in a previous Test Period; and if a Metric was under the Global CAP because of the letter-dating issue discussed below in Section VI, a Potential Violation of the Metric was deemed to have occurred, even if the Metric’s Threshold Error Rate had not been exceeded.

  • In its Quarterly Report for the quarter ended September 30, 2014, based on the IRG’s testing during Test Period 9, Servicer reported that it had not exceeded the Threshold Error Rate for the Cure Period.

  • With the assistance of the Professionals, I am in the process of evaluating the CAP to determine whether it is appropriately comprehensive such that, if properly implemented by Servicer, it could reasonably be expected to lower Servicer’s error rate during the Cure Period to a level below the 5% Threshold Error Rate.

  • As reported by Servicer in its revised Quarterly Report, and as shown in Table 3 below, the IRG determined that the Threshold Error Rate had not been exceeded for any of the Metrics tested.Table 3: Servicer’s Metric Compliance Results for Second Quarter of 2015 Metric No. 7 Test Question 4 only.

  • As reported by Servicer in its Quarterly Report, and as shown in Table 2 below, the IRG determined that the Threshold Error Rate had not been exceeded for any of the Metrics tested.

Related to Threshold Error Rate

  • Error Rate is the total number of Failed Requests divided by Total Requests, across all Resources in a given Azure subscription, during a given one-hour interval. If the Total Requests in a given one-hour interval is zero, the Error Rate for that interval is 0%.

  • Capitation rate means the fee the department pays monthly to an HMO for each enrolled recipient for the provision of covered medical and health services whether or not the enrolled recipient received services during the month for which the fee is intended.

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

  • Locational Marginal Price or “LMP” shall mean the market clearing price for energy at a given location in a Party’s RC Area, and “Locational Marginal Pricing” shall mean the processes related to the determination of the LMP.

  • Weighted Average Net Mortgage Rate With respect to any Distribution Date, the weighted average of the applicable Net Mortgage Rates of the Mortgage Loans as of the first day of the related Due Period, weighted on the basis of their respective Stated Principal Balances as of the first day of such Due Period (after giving effect to any payments received during any applicable grace period).

  • Lowest achievable emission rate (LAER) means for any source, that rate of emissions which reflects the most stringent emission limitation which is contained in the implementation plan of any State for such class or category of source, unless the owner or operator of the proposed source demonstrates that such limitations are not achievable, or the most stringent emission limitation which is achieved in practice by such class or category of source, whichever is more stringent. In no event shall the application of this term permit a proposed new or modified source to emit any pollutant in excess of the amount allowable under applicable New Source Standards of Performance.

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff.

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Support Cost Rate means the flat rate at which the Partner will be reimbursed by UN Women for its Support Costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible Direct Costs.

  • Inflation rate means that term as defined in section 34d.

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.

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

  • Fallback Rate means, where a Permanent Discontinuation Trigger for an Applicable Benchmark Rate has occurred, the rate that applies to replace that Applicable Benchmark Rate in accordance with Condition 5.3(b)(i)(B);

  • Established catalogue price means the price included in a catalogue, price list, schedule, or other form that:

  • Maximum Net Mortgage Rate With respect to any adjustable rate Mortgage Loan and any date of determination, the Maximum Mortgage Rate minus the sum of (i) the Subservicing Fee Rate and (ii) the Servicing Fee Rate. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

  • 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.

  • Applicable LIBOR Rate means, (a) for Auction Periods of 35 days or less, One-Month LIBOR, (b) for Auction Periods of more than 35 days but less than 91 days, Three-Month LIBOR, (c) for Auction Periods of more than 90 days but less than 181 days, Six-Month LIBOR, and (d) for Auction Periods of more than 180 days, One-Year LIBOR.

  • 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).

  • additional rate means the additional rate levied by the City of Cape Town on rateable properties within the designated boundaries of the Special Rating Area for purposes of raising funds for improving and upgrading that area, subject to any exemptions or permissible differentiation between categories of property, as contemplated in section 22(1) of the Rates Act, read with sections 8(1) and 12(2) of the By-Law;

  • Maximum allowable cost list means a list of drugs for

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Established catalog price means the price included in a catalog, price list, schedule, or other form that:

  • Base CD Rate means the sum of (a) the Three-Month Secondary CD Rate multiplied by the Statutory Reserve Rate plus (b) the Assessment Rate.

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.