What is the ratable benefit?
Ratable Benefit means, as to each Lender, such Lender’s share of the Collateral, determined by dividing (a) the outstanding principal amount of the Obligations owing to such Lender by (b) the sum of the outstanding principal amount of the Obligations owing to all the Lenders; Sample 1.
Does ratably mean equally?
Equally and Ratably means, in reference to sharing of any Liens or proceeds thereof as among the Credit Classes, that such Liens or proceeds shall be allocated and distributed to the Trustee for the account of the Noteholders, to a Term Loan Agent for the account of Term Lenders and to the Swap Representative for the …
What does share ratably mean?
From Longman Business Dictionaryrat‧a‧ble /ˈreɪtəbəl/ (also rateable British English) adjective1 a ratable share of something such as a payment is calculated according to the amount someone owes or is owed, relative to the amounts other people owe or are owedthe collection and ratable distribution of the bankrupt’s …
What is a ratable basis?
Related Definitions Ratable Basis means the purchase by Customer of one half of the Monthly Minimum Requirement during each half of each Supply Period.
What is a tax ratable?
The ratable accrual method is a formula for determining how much interest income was earned on an investment over a period of time and when within the period it was earned. It counts income as it’s accrued rather than paid and is mainly used for determining taxes owed on interest income.
What is a ratable amount?
(formerly) a fixed value assigned to a property by a local authority, on the basis of which variable annual rates are charged.
What is a ratable accrual method?
What is ratable revenue?
Ratable revenue is revenue spread across some long period of time— like, say, a multi-year contract for software services.
What is a ratable contract?
For purposes of this revenue procedure, a contract is a Ratable Service Contract if: (1) the contract provides for similar services to be provided on a regular basis, such as daily, weekly, or monthly; (2) each occurrence of the service provides independent value, such that the benefits of receiving each occurrence of …
What is the definition of ratable?
: capable of being rated, estimated, or apportioned.
What is constant yield method?
The constant yield method is a method of accretion of bond discounts, which translates to a gradual increase over time, given that the value of a discount bond increases over time until it equals the face value. For example, a zero-coupon bond is issued for $75 with a 10-year maturity date.
Which is the best definition of ratable income?
1. Capable of being rated, estimated, or appraised: ratable income. 2. Proportional. 3. Liable to assessment; taxable. n. 1. Income from taxes on a property: netted the city over $30 million in new ratables. 2.
Which is the best definition of the word ratable?
Definition of ratable : capable of being rated, estimated, or apportioned : made or calculated according to a proportionate rate : pro rata a ratable distribution of the bankruptcy estate
What do you mean by ratable portion of deductions?
A ratable portion of deductions, expenses and losses not directly allocable to such receipts or another income class. Those that are cost-based (such as ratable charge methods) have the same limitations but are more complex than the cash surrender value method; they have been considered and rejected by standard-setting bodies and observers.
How is the ratable value of a property determined?
The company outlined a ratable capital program and a returns-driven approach to capital allocation. IT authorities held that Khan estimated ratable value on the lower side compared to the ratable value based on the size and location of the property.