Reference Margin definition

Reference Margin shall have the meaning assigned to such term in Section 2.27.
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Reference Margin means, prior to a given program year, the three-year average of the production margin based on the preceding five-year period, excluding the years with the highest and lowest production margins, or, in cases where production margin data for the previous five years is not available, the previous three years’ average of the production margin;
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Reference Margin means, as of any date, the rate per annum in effect on such date as set forth in the definition of “Applicable Margin” under the heading “Reference Margin.”
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Examples of Reference Margin in a sentence

  • If the applicant did not previously apply for an Intended Seeding Advance, include confirmation of valid crop insurance paperwork, or for AgriStability include the 2019 Program Enrolment/Fee Notice and Reference Margin, when applying.

  • If using AgriStability, producers must submit program enrolment/fee notice and Proof of Inventory using 2 years of honey inventory valuations from their AgriStability Reference Margin Summary.

  • The deadline for account adjustments requested by a producer that affect the calculation of the Reference Margin in future program years is limited to three years after the end of the program year for which the adjustment is requested.

  • If using AgriStability, send your 2016 Enrolment Notice and the Calculation of Benefits for the Reference Margin .

  • If the applicant did not previously apply for an Intended Seeding Advance, include confirmation of valid crop insurance paperwork, or for AgriStability include the 2020 Program Enrolment/Fee Notice and Reference Margin, when applying.

  • If using AgriStability, send your 2015 Enrolment Notice and the Calculation of Benefits for the Reference Margin .

  • The Term Loan shall bear interest on the principal amount thereof from time to time outstanding, from the date of the making of the Term Loan until the date on which such principal amount is repaid in accordance herewith, as follows: (i) if the relevant portion of the Term Loan is a LIBOR Rate Loan, at a rate per annum equal to the LIBOR Rate plus the Term Loan LIBOR Margin, and (ii) otherwise, at a rate per annum equal to the Reference Rate plus the Term Loan Reference Margin.

  • If using AgriStability, send your 2016 Program Enrolment/Fee Notice and the Production Margin Summary for the Reference Margin.

  • Producers applying for the first time in the 2019/20 production period MUST submit their 2019 AgriStability Program Enrolment/Fee Notice and Proof of Inventory using two years of Livestock Inventory Valuations from their AgriStability Reference Margin Summary.

  • Each Revolving Loan shall bear interest on the principal amount thereof from time to time outstanding, from the date of such Revolving Loan until such principal amount is paid in full, at a rate per annum equal to the Reference Rate plus the Applicable Reference Margin.


More Definitions of Reference Margin

Reference Margin means the average of an applicant’s program margins for 3 of the 5 years immediately preceding a claim year that have the highest program margins and as may be adjusted by the Corporation to take into account structural change;
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Reference Margin means zero percent (0%) for Advances, and one quarter of one percent (0.25%) for the Term Advance.
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Reference Margin means the amount determined under clause 5.3;
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Related to Reference Margin

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.