Discount Rate

Discount Rate. The interest rate designated by the Board of Directors for determining the present value of any benefits payable under this Agreement and/or the amount of the installment payments necessary to fully amortize the Accrual Balance at the designated Discount Rate over the specified payment period. The Board of Directors has the authority to designate and/or adjust the Discount Rate, in its sole discretion, so as to maintain the rate within reasonable standards according to GAAP and applicable bank... regulatory guidance. View More

Discount Rate. The rate of interest at which GE CAPITAL discounts the payments remaining under a Transaction which are remaining to be paid on the date GE CAPITAL purchases such Transaction from the due date of such payments to the date of such purchase

Discount Rate. The annual rate of interest on advances to member banks under Sections 13 and 13a of the Federal Reserve Act in effect at the Federal Reserve Bank of San Francisco.

Discount Rate. With respect to each Participation Certificate, a discount rate determined as of the related Purchase Date equal to (a) the greater of (i) LIBOR, and (ii) the LIBOR Floor, plus (b) the Applicable Percentage. Notwithstanding the foregoing, under no circumstances shall the Discount Rate be less than zero.

Discount Rate. Amended by deleting the reference to "LIBOR" set forth therein and replacing it with "the BSBY Rate"

Discount Rate. Means the 1-year Treasury Constant Maturity rate as published in the Selected Interest Rates table of the Federal Reserve statistical release H.15(519) for the week ending immediately prior to the original Acceptance Date of a Lease (or if such rate is no longer determined or published, a successor or alternate rate selected by Lessor)