Trigger Rate definition

Trigger Rate means, as to any Guarantor, such Guarantor's default rate as defined in Section 428(c)(l)(B) of the Higher Education Act.

Trigger Rate means, for each calendar ------------ year falling in whole or in part within the Loan Term, the per annum rate of interest set forth on Schedule 1 to this Agreement (which has been calculated in accordance with Schedule 2 to this Agreement), as such rate may from time to time be modified in accordance with Section 4.04 of this Agreement.

Trigger Rate means the rate per annum (expressed as a percentage) specified in, or determined in accordance with the provisions in, the Final Terms or Pricing Supplement, as the case may be.

Examples of Trigger Rate in a sentence

• A Trigger Rate may be either a Knock-In Rate or a Knock-Out Rate.

• It is possible however to apply a shorter term to the Trigger Rate.

• The Spot Rate will only be compared to the Trigger Rate during the Window.

• The Servicer or the Transferor shall, on behalf of the Trust, disclose the Delinquency Trigger Rate, as adjusted, in the distribution report on Form 10-D for the distribution period in which the adjustment occurs, which report shall also include a description of how the adjusted Delinquency Trigger Rate was determined to be appropriate.

• In the case of a review undertaken upon the occurrence of any event described in clause (ii) of subsection 15.01(b), the Transferor may increase or decrease the Delinquency Trigger Rate by any amount it reasonably determines to be appropriate as a result of the related change in law or regulation.

More Definitions of Trigger Rate

Trigger Rate means an IRR equal to the amount set forth at Section 1.1(1) of the STAR Technical Schedule.

Trigger Rate in respect of a Principal Protected Investment, the rate of conversion between the Currency Pair selected by the Customer and accepted by the Bank for the purpose of determining the Repayment Amount.

Trigger Rate has the meaning set forth in Section 2.5(a).

Trigger Rate has the meaning set forth in Section 3.2. "Trigger Rate Loans" has the meaning set forth in Section 3.2.

Trigger Rate means (a) while LIBOR is the index upon which the Interest Rate is determined, two and 75/100ths percent (2.75%), or (b) while LIBOR is not the index upon which the Interest Rate is determined, the number of basis points established at the time the Alternative Rate is first established with each change in Index that, when added to the Alternative Spread then in effect, would equal the sum of (i) two and 75/100ths percent (2.75%), plus (ii) the Spread in effect as of such date.

Trigger Rate means the Settlement Rate, the Spot Rate, or such other Reference Exchange Rate as specified in the applicable Final Terms.

Trigger Rate means the rate equal to 0.75% per annum.