Rate Differential definition

Rate Differential means the percentage points added to LIBOR to equal the Rate, and shall be based upon the then-current Total Loans and Capital Leases to Net Worth Ratio of Borrowers according to the following schedule:
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Rate Differential means, with respect to any Note Payment Date, the sum of all Daily Equivalents (calculated on the basis of a 360 day year consisting of twelve 30 day months) for the 30 day month to which such Note Payment Date relates.
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Rate Differential means an additional amount paid to a child care provider over and above the maximum base rate.
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Examples of Rate Differential in a sentence

  • Commissions, Station Manager Differential, Assistant Manager Differential, and Night Rate Differential will be paid at straight time for such hours worked.

  • The amount of the Executive's Tax Rate Differential Amount shall be determined by the Accounting Firm.

  • Memorandum of Agreement - January 8, 1986 117 2 Rate Differential Between Eastern and Western Canada ..............................................................

  • A Night Rate Differential at the rate o f 10(1 per hour for work between 8:00 P.M. and midnight and 20tf per hour for work between midnight and 6:00 A.M .

  • Regular employees will be paid basic wage, commissions, Station Manager Differential, Assistant Manager Differential, and Night Rate Differential at straight time if a holiday falls in their working sched­ ule and they are not required to work.


More Definitions of Rate Differential

Rate Differential means the absolute value of the difference between the Initial Rate and the Adjusted Rate.
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Rate Differential means, with respect to any Note Payment Date, the product of the following formula:
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Rate Differential means, for any year, (i) the excess, if any, of (a) the Effective Tax Rate for such year, over (b) the Special Effective Tax Rate for such year, divided by (ii) the Special Effective Tax Rate for such year.
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Rate Differential means the difference between the Applicable Rate and the Base Rate.
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Rate Differential means the difference between the rates and charges calculated under the Alternate Rate Structure and the rates and charges calculated in accordance with the applicable terms and conditions of Articles V and VI (other than Section VI.J.).
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Rate Differential means, with respect to any Note Payment Date, the sum of all Daily Equivalents (calculated on the basis of a 360-day year consisting of twelve 30-day months) for the 30-day month to which such Note Payment Date relates.
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Rate Differential shall be an interest rate per annum equal to the sum of (1) 9.51% MINUS
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