Hire Rate definition

Hire Rate means the rate at which Hire is payable under this Charter as established pursuant to Article 8 and Schedule III.
Hire Rate means the amount as set out in the Hire Schedule.
Hire Rate means the amount specified in the Hire Schedule payable by the Customer to hire the Equipment based on an average of 40 hours per week with a minimum hire period stated in the Hire Schedule with any additional hours being charged on a pro-rata basis. Hire Period means the period from the Commencement Date until the conclusion of the hire as specified in the Hire Schedule or the date upon which the Equipment is returned to the Owner, whichever the later. The Owner may issue and require the Customer to sign an amended Hire Schedule for any extension of the Hire Period. Hire Schedule means the document that specifies the Equipment to be hired, the Hire Period, the Hire Rate and other details relating to the hire of the Equipment. LTD Waiver Has the meaning set out in clause 13 Owner means Project Dry Hire Pty Ltd ABN 24 145 636 264 and any subsidiary company, business successor, subcontractor or assignee. Personnel, in relation to a party, means the party’s officers, office-holders, employees, agents and contractors. PPS Act means the Personal Property Securities Act 2009 (Cth). Site means the location specified in the Hire Schedule that the Equipment will be located for the duration of the Hire Period. Tax Invoice has the same meaning as in the A New Tax System (Equipment and Services Tax) Act 1999 (Cth).

Examples of Hire Rate in a sentence

  • If the training period for the former position was not served, the employee will return to the Hire Rate for that position and complete the training period before moving to Working Rate.

  • The Hire Rate stated in the Plant Hire Order shall be inclusive of such labour including any overtime unless specifically stated otherwise.

  • All other eligible transfers shall be hired at the Hire Rate, in accordance with 2.

  • Crane Hire - The QDC Crane Hire Rate assessed to the vessel at $350.00 per hour, excluding fuel.

  • Normal contract period will be for one year from the date of placement of order, with a provision to extend based on performance of the contractor/driver with an increase on the Base Hire Rate as agreed to by both the parties.


More Definitions of Hire Rate

Hire Rate. A minimum of 95% of candidates who received an offer accept the offer, as calculated on a quarterly basis. “Rate Card Exceptions-Submissions” Consultant may not submit more than 10% of candidates with xxxx rates exceeding the pre-defined rate card, as calculated on a quarterly basis.
Hire Rate. The District shall hire new employees at the minimum of the range for the employee’s job classification, except that experienced applicants may be hired at a rate of pay that is up to 10% above the minimum rate.
Hire Rate means the daily hire charge calculated on a per calendar day (or part thereof) basis;
Hire Rate has the meaning set out in paragraph 1 of Schedule III.
Hire Rate means the hourly, daily, weekly or monthly hire rate as specified by us in writing in the Quotation or our published rates for the Hire Goods but where it is absent or uncertain it means our standard rate of hire on a daily basis (or part thereof) as published by us from time to time;
Hire Rate means the Hire Rate specified in the Schedule or if such amount is not specified then the amount set out in the Price List for the Equipment; ‘Hire Period’ means the period beginning on the Commencement Date specified in the Schedule and ending on the End Date specified in the Schedule or, if the Equipment is stolen or damaged beyond repair, the date on which the insurance company confirms that it will accept that the Equipment has been stolen or damaged beyond repair; ‘Hirer’ means the party or parties specified in the Schedule and includes its successors, permitted assigns, employees, agents, and any person claiming through, under or in trust for such party; ‘Insolvency Event’ means for the Hirer, as applicable, being in liquidation or provisional liquidation, bankruptcy or under administration, having a controller (as defined in the Corporations Act) or analogous person appointed to the Hirer or any of the Hirer’s property, being taken under section 459F(1) of the Corporations Act to have failed to comply with a statutory demand, being unable to pay the Hirer’s debts when they fall due, taking any step that could result in the Hirer becoming an insolvent under administration (as defined in section 9 of the Corporations Act), entering into a compromise or arrangement with, or assignment for the benefit of, any of the Hirer’s members or creditors, or any analogous event.
Hire Rate has the meaning set out in paragraph 1 of Schedule III “ICC” and “ICC Rules” have the meaning set out in Clause 53.