Minimum Rates definition

Minimum Rates. The Minimum Rates set out in Schedule A are basic minimum hourly rates. Nothing in this Agreement shall prevent an Employer from paying Employees a rate higher than these minimum rates. No Employer will be obligated to pay more than the minimum rates without first bargaining and reaching an agreement with an individual employee to pay a higher rate.
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Minimum Rates. The rates enumerated in Appendix “1” to this Master Agreement are the Scale Wages and nothing in this Master Agreement shall prevent an Employer from paying the Employees a rate higher than these minimum rates, but no Employer will be obligated to pay more than the minimum rates without bargaining with an individual Employee for a higher rate and reaching an agreement to pay that Employee a higher rate.
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Minimum Rates means rates which are precisely equivalent to the rates, fees and charges charged to ICWD Customers, and reflect the same rate structures and classifications as ICWD uses in billing ICWD Customers. Minimum Rates will be adjusted as ICWD’s rates, charges, fees and rate classifications for ICWD Customers are amended from time to time; provided, ICWD provides prior written notification of a rate change to Polk County. Until such time as ICWD equalizes its rates between customers located within and outside of ICWD’s corporate boundaries (the former having historically been subsidized by property tax millage) Minimum Rates shall be based on ICWD’s rates to customers located outside of its corporate boundaries.
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Examples of Minimum Rates in a sentence

  • It is agreed that the parties shall aim to complete the Minimum Rates Adjustment process no later than 1 November 1993.

  • The Contractor must comply with the requirements noted within the Department of Labor packet entitled, "Laborers' & Mechanics' Minimum Rates of Pay." To obtain a copy of the referenced packet, contact the Procurement Agency or the Department of Labor.

  • Provided that any increase in rates of pay flowing from implementation of the Minimum Rates Adjustment principle, may be absorbed into any existing overaward payment, insofar as that overaward payment is not being used for the purposes of absorption of Arbitrated Safety Net Adjustments.

  • The parties and respondents to this award reserve leave to apply during any applications for wage increases paid under the Minimum Rates Adjustment Principle to amend this classification structure.

  • Payment of Increases According to Level:An employee’s wage increases arising out of the Minimum Rates Adjustment process are dependent upon the employee’s grade pursuant to Appendix A.

  • If an amount less than the applicable Maximum Rate(s) and not less than the applicable Minimum Rate(s) is agreed upon, such amount shall be applicable prospectively.

  • If your quote exceeds $25,000.00 and you subcontract or employ anyone to perform any of the Work, the following will apply: State of Alaska, Department of Labor, Laborers’ and Mechanics’ Minimum Rates of Pay, AS36.05.010 and AS 36.05.050, Wage and Hour Administration Pamphlet No. 600, the latest edition published by the State of Alaska, Department of Labor inclusive, are made a part of this contract by reference.

  • The minimum weekly rate of wage shown in paragraphs (a), (d) and (f) of this subclause are inclusive of a base rate and supplementary payment reflecting relativities established as a result of a Minimum Rates Adjustment (76 WAIG 159).

  • In the event, pursuant to Section 31 of the General Terms and Conditions, a rate less than the applicable Maximum Rate(s) and not less than the applicable Minimum Rate(s) is agreed upon ("Discounted Rate"), such Discounted Rate(s) shall be applicable for the period agreed upon by Customer and Saltville.

  • Both parties recognise that the wages as expressed incorporate payments due under the Minimum Rates Principle.


More Definitions of Minimum Rates

Minimum Rates means rates which are precisely equivalent to the rates, fees and charges charged to ICWD Customers, and reflect the same rate structures and classifications as ICWD uses in billing ICWD Customers. Minimum Rates will may be adjusted as ICWD’s rates, charges, fees and rate classifications for ICWD Customers may be are amended from time to time; provided, ICWD provides prior written notification of a rate change to Polk County and explains the proposed rate increase at a public hearing before the Joint Coordinating Committee. Until such time as ICWD equalizes its rates between customers located within and outside of ICWD’s corporate boundaries (the former having historically been subsidized by property tax millage) Minimum Rates shall be based on ICWD’s rates to customers located outside of its corporate boundaries.
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Minimum Rates means the minimum fees and interest rates to be charged in respect of Subloans made available by XXXXX at a particular auction;
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Related to Minimum Rates

  • Minimum Rate With respect to each ARM Loan, the rate per annum set forth in the related Mortgage Note as the minimum Note Rate thereunder. The Minimum Rate as to each ARM Loan is set forth on the related Mortgage Loan Schedule.

  • Maximum Rate shall have the meaning assigned to such term in Section 9.09.

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Maximum Lawful Rate has the meaning set forth in Section 2.7.

  • Highest Lawful Rate means the maximum lawful interest rate, if any, that at any time or from time to time may be contracted for, charged, or received under the laws applicable to any Lender which are presently in effect or, to the extent allowed by law, under such applicable laws which may hereafter be in effect and which allow a higher maximum nonusurious interest rate than applicable laws now allow.

  • New business premium rate means, for each class of business as to a rating period, the lowest premium rate charged or offered, or which could have been charged or offered, by the small employer carrier to small employers with similar case characteristics for newly issued health benefit plans with the same or similar coverage;

  • Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

  • Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.

  • Term Rate means the per annum interest rate with respect to Bonds in the Term Rate Mode determined pursuant to Section 2.09.

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Annual Percentage Rate or “APR” of a Receivable means the annual rate of finance charges stated in such Receivable.

  • Actual Rate of Pay means, unless and until the Agency Worker has completed the Qualifying Period, the rate of pay which will be paid for all time worked during an Assignment for each hour worked, as set out in the relevant Assignment Details Form;

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Maximum Swingline Amount means $5,000,000.