Rate Determination. The basis for the computation of base hourly rate is the classification level of the position filled according to the attached matrix. Base hourly rate shall be no more than step 5 of the appropriate GS wage adjusted for locality pay at the location of the fire district. These rates can be found on the OPM web site xxxx://xxx.xxx.xxx, Salaries and Wages. Personnel are hired at the rate of the position being filled, not their highest qualification. The hourly compensation rates identified in the AOP are computed as follows:
Rate Determination. Not later than 12:00 noon, New York City time, on the Business Day immediately prior to the Mode Change Date, the Remarketing Agent for such Bonds shall determine the Fixed Rate(s) for such Bonds. Such determination shall be conclusive and binding upon the Issuer, the Borrower, the Trustee, the Liquidity Facility Providers (if any), the Credit Facility Providers (if any), the Tender Agent and the Holders of the Bonds. Not later than 5:00 p.m., New York City time, on the date of determination of such Fixed Rate(s), the Remarketing Agent for such Bonds shall notify the Trustee, the Issuer and the Borrower of such Fixed Rates by telephone or Electronic Means.
Rate Determination. On each date for borrowing, Rollover or Conversion involving the issuance of Bankers’ Acceptances:
Rate Determination. The Interest Rate shall be adjusted as of the first Business Day of each Interest Period, and Eurodollar Rate shall be used to determine the Interest Rate for that Interest Period. The Interest Rate for the first Interest Period (or fraction thereof) of this Credit Facility shall be determined on the Closing Date, and the Interest Rate shall remain fixed throughout the remainder of such Interest Period (or fraction thereof) until the first Business Day of the following Interest Period (subject to the provisions of Section 12.19 of this Agreement). The Interest Rate for subsequent Interest Periods shall be re-determined, and adjusted if necessary, on each subsequent Eurodollar Rate Determination Date, and the Interest Rate shall remain fixed throughout the applicable Interest Period until the first Business Day of the following Interest Period (subject to the provisions of Section 12.19 of this Agreement). The determination by Administrative Agent of the Interest Rate shall, in the absence of manifest error, be conclusive and binding in all respects.
Rate Determination. (1) For spot chartered equipment, the rate shall be based on the rate specified in the Vessel’s transportation contract. For demurrage purposes, all barges or tows operating as a unit shall be considered one barge or tow.
Rate Determination. (a) All interest hereunder shall be payable for the actual number of days elapsed (including the first day but excluding the last day). Any Advance that is repaid on the same day on which it is made shall bear interest for one day unless such repayment and notice thereof are received by 12:00 noon, Toronto, Ontario time, on such day. The applicable Prime Rate, Base Rate, Eurodollar Rate or Discount Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.
Rate Determination. On each Funding Date or Conversion/Continuation Date involving the issuance of Bankers' Acceptances:
Rate Determination. Demurrage shall be payable by the Terminal Party for each running hour and pro rata for each part of an hour, for all time that used laytime exceeds the allowed laytime at the following demurrage rates unless otherwise specified in the Confirmation:
Rate Determination. The Reference Rate as of the Amendment Date is 8.5% per annum. In the event the Reference Rate is changed from time to time hereafter, the rate of interest provided for in SECTION 3.4.1 and SECTION 3.4.2 automatically and immediately shall be increased or decreased by an amount equal to such change in the Reference Rate. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year for the actual number of days elapsed."
