Prevailing Rate. The Union and the District agree that the wages and salaries negotiated in good faith and listed in this Agreement are at least equal to the prevailing salary or wage for the same quality of service rendered to private employers under similar employment.
Prevailing Rate. The Borrower shall pay to the Bank interest at the rate of BLR plus such percentage per annum stated in the Letter of Offer and such rate shall be subject to revision at the discretion of the Bank from time to time, by notice to the Borrower.
Prevailing Rate. The Borrower shall pay interest on the Drawing at the Prevailing Rate of the percentage per annum stated in the Letter of Offer above BLR. Unless any other interest payment period is specified by the Bank, the Borrower shall pay the interest chargeable monthly.
Prevailing Rate. Interest at the Prevailing Rate of such percentage per annum stated in the Letter of Offer above BLR shall be levied on the daily debit balance of the account and posted to the account on the last day of each calendar month. The interest shall be paid monthly. Unless paid, the interest shall be treated as a Drawing under the CF.
Prevailing Rate. The Customer shall pay to the Bank profit at the rate of BFR plus such percentage per annum stated in the Letter of Offer for bills denominated in RM, and for bills denominated in other currencies the Customer shall be charged the rate prevailing for the respective currency (as advised by the Bank). It is however agreed that such prevailing rate shall be subject to revision at the absolute discretion of the Bank from time to time, with or without notice to the Customer.
Prevailing Rate. “Prevailing rate” of pay is defined as an employee’s regular rate plus any shift differential, but not including any overtime compensation. It is understood, however, that employees assigned to a rotating shift schedule shall be paid at their regular rate for Holidays, Paid Time Off (“PTO”), Bereavement Leave, Jury Duty Leave, and Sick Leave, under the provisions of this Agreement.
Prevailing Rate. Foreign DC (Sight)
Prevailing Rate. Interest at the Prevailing Rate of the percentage per annum stated in the Letter of Offer above BLR shall be levied.
Prevailing Rate. At the Bank’s Prevailing Rate for such BA Facility, which would include the discount for BA for the relevant maturity and the acceptance commission from the date each BA is created to the date of maturity and is to be paid at the time of creation.
Prevailing Rate. The Borrower shall pay to the Bank interest at the Prevailing Rate of the percentage per annum stated in the Letter of Offer above the rate quoted by Exim Bank, or such other rate as may be determined by the Bank from time to time, by notice to the Borrower.
