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...
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Found in
SHORE BANCSHARES INC contract
Discount Rate. Means, as of any date of determination, the yield to maturity implied by (i) the yields reported, as of 10:00 A.M. (New York City time) on the second business day preceding such date of determination on the display designated as "Page 678" on the Telerate Access Service (or such other display as may replace Page 678 on Telerate Access Service) for actively traded U.S. Treasury securities having a 30-year maturity as of such date of determination, or (ii) if such yields are not reported as of...
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Discount Rate. For any Contract purchased by us means the rate used to determine our purchase price for the Contract.
Found in
ASPEN TECHNOLOGY INC contract
Discount Rate. Shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semi-annually.
Discount Rate. Shall mean the monthly compounded Replacement Treasury Rate. 1 2
Found in
SUNRISE SENIOR LIVING INC contract
Discount Rate. Means 50%.
Found in
Ignyte Acquisition Corp. contract
Discount Rate. Means for any Purchase the "Discount Rate" set forth in the Schedule for such Purchase.
Found in
APPLIX INC contract
Discount Rate. Means 120% of the applicable Federal rate determined under Section 1274(d) of the Code and the regulations thereunder at the time the relevant payments are made.
Found in
RALCORP HOLDINGS INC contract
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
Found in
ASPEN TECHNOLOGY INC contract
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.
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