Day Rate definition

Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;
Sample 1Sample 2Sample 3
Day Rate. The arithmetic mean for each day in a Seven-Day Period as determined by the Calculation Agent in accordance with Section 2.07(i)(P)(2).
Sample 1Sample 2Sample 3
Day Rate. The arithmetic mean for each day in a Seven-Day Period as determined by the Calculation Agent in accordance with Section 2.07(i)(P)(2). Dealers: Firms that engage in the business of dealing or trading in debt securities as agents, brokers or principals.
Sample 1Sample 2Sample 3

Examples of Day Rate in a sentence

  • All costs and rates quoted in the Main Bid Document and Bid Price Calculation Sheet must be in GBP (£) and all staff rates quoted in the tender must represent the Day Rate for employment of staff members.

  • Day Rate Period - unless otherwise specified in this tariff, the Day Rate Period applies during the hours of 8:00 a.m. to, but not including 5:00 p.m., Monday through Friday.

  • However, if due to any operational requirements/unforeseen circumstances Company dehires any Contractor Personnel in between, no Day Rate shall be payable for the desired personnel from the day of dehiring till rehiring.

  • In the event of Contractor’s failure to strictly adhere to providing the minimum requirement of key personnel as set out in the ‘Scope of Work’, in addition to other provisions of Contract, penalty shall be levied at the rate of 5% (five percent) of the Operating Day Rate for the period of non-availability of the Key Personnel.

  • For any stoppage of operations for such delays, no Day Rate will be applicable.


More Definitions of Day Rate

Day Rate means payment made for being on stand-by during standard business hours, 08:30 to 17.00.
Sample 1Sample 2Sample 3
Day Rate means the rate set out in the Confirmation Letter;
Sample 1Sample 2Sample 3
Day Rate means the day rate for Contractor Personnel set out in Appendix 1 to Schedule 22 (Charges and Invoicing);
Sample 1Sample 2Sample 3
Day Rate means the rate charged for a hookup performed by an operator between the hours of 8:00
Sample 1Sample 2Sample 3
Day Rate means the rate per day per grade tendered by the Consultant in the Consultant’s proposal that shall never be exceeded within this Contract;
Sample 1
Day Rate means the rate calculated by dividing the annual salary for the applicable classification by 26 then 14.
Sample 1Sample 2
Day Rate means rate per day given in the Contract Price schedule at Annexure-`C' (to be appended at the time of finalization of Contract) for each item of Equipment/ Labour actually deployed.
Sample 1Sample 2