EFFECTIVE RATES Sample Clauses

EFFECTIVE RATES. CLASSIFICATION POSITION April 1, 2005 April 1, 2006 April 1, 2007 CASUAL Seasonal Employees (ONE RATE FOR ALL DUTIES ASSIGNED) $15.93 $16.37 $16.86 PROBATIONERS $15.58 $16.01 $16.49 GROUP 1 - Labourer Sewer Labourer $18.33 $18.84 $19.40 GROUP 2- Equipment Operator Grade 1 Truck Driver Sewer Truck Driver Concrete Saw Operator $18.85 $19.37 $19.95 Bombardier Operator Tractor Operator Articulated Tractor Operator Roller Operator (self -propelled) Flusher Operator (rate effective all year round) Sewer Machine Operator Compressor Machine Operator Vac All Operator (rate effective all year round) Steamer Operator Wing Operator Hydraulic Sewer Cleaning Machine Helper Waste Site Operator Sander Operator Bobcat Operator Lawn Mower Operator (Self Propelled) GROUP 3- Paint Machine Operator Store Keeper $19.19 $19.72 $20.31 GROUP 4- Equipment Operator, Grade 2 Sweeper Operator $19.27 $19.80 $20.40 Checker (occasional work) Form Setter Chainsaw Operator GROUP 5- Pipe Layer (Certified) Weigh Scale/Pumping Station Operator Treeperson Equipment Operator, Grade 3 $19.52 $20.06 $20.66 Loader Operator Full Time Checker Traffic Maintenance Man Hydraulic Sewer Machine Operator GROUP 6- Equipment Operator, Grade 4 Grader Operator Hydraulic Bucket Truck Operator Loader Backhoe Operator $19.81 $20.35 $20.96 GROUP 7- Sub-Xxxxxxx Nil $20.36 $20.92 $21.55 GROUP 8A- Licensed Mechanic $24.85 $25.54 $26.30 GROUP 8B- Xxxxxxx Mechanic $25.88 $26.60 $27.39 SCHEDULE "B2" ENGINEERING & PUBLIC WORKS BELLEVILLE WATER – TRADES - CLASSIFICATIONS AND WAGES EFFECTIVE APRIL 1, 2005 RATES: POSITION STEP 1 STEP 2 STEP 3 STEP 4 STEP 5 STEP 6 WTP Lab Operator 17.04 19.01 21.29 23.93 24.96 25.99 Serviceman 16.88 18.85 21.16 23.62 24.72 25.75 WTP Operator 16.88 18.81 20.97 23.43 24.72 25.75 WD Operator 16.88 18.81 20.97 23.43 24.72 25.75 WD – Inspector 17.73 19.75 22.02 24.61 25.96 27.04 WD – Locator 17.73 19.75 22.02 24.61 25.96 27.04 Custodian 15.77 16.35 17.40 For new employees: Normal Progression Schedule: Probationary rate shall apply for 3 months. Internal candidates transferring to Belleville Water – Trades, shall normally start at Step 2. All other steps will normally each represent a period of one year. Progression for WT Operator, WD Operator, WD Inspector, WD Locator and Serviceman shall be by Certification as follows: Step 1 - Probation Step 2 - OIT Step 3 – Class 1 Step 4 – Class 2 Step 5 – Class 3 Step 6 - Class 4 For employees of Belleville Water as of July 21, 2003:
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EFFECTIVE RATES. POSITION April 1, 2005 April 1, 2006 April 1, 2007 Part-time Program Employees $8.81 $9.05 $9.32 Arena Broom Gang $9.07 $9.32 $9.60 Canteen Attendants $9.07 $9.32 $9.60 Recreation Cleaning Staff $11.98 $12.31 $12.68 Canteen Supervisor $18.33 $18.84 $19.40 Seasonal Employees (one rate for all duties) $15.93 $16.37 $16.86 Probationers $15.58 $16.01 $16.49 Group 1 - Maintenance Staff $18.33 $18.84 $19.40 Group 2 - Arena Maintenance Person $18.85 $19.37 $19.95 Group 3 – Nil $19.19 $19.72 $20.31 Group 4 – Nil $19.27 $19.80 $20.40 Group 5 – Nil $19.52 $20.06 $20.66 Group 6 - Lead Hand $19.81 $20.35 $20.96 Group 7 – Nil $20.36 $20.92 $21.55 Group 8 - Refrigeration Operator * $24.85 $25.54 $26.30 * Class "B: Refrigeration Certificate from Government of Ontario NOTES – ENGINEERING AND PUBLIC WORKS – PUBLIC WORKS YARDS OPERATIONS AND BELLEVILLE WATER OPERATIONS, PARKS AND RECREATION – PARKS OPERATION AND FACILITY OPERATION EMPLOYEE CLASSIFICATIONS
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EFFECTIVE RATES. CASUAL A) Snow Shovellers Seasonal Employees (One rate for all duties PROBATIONERS
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EFFECTIVE RATES. Notwithstanding anything in the Loan Agreement as hereby amended, from the date hereof to the first Calculation Date after the date hereof, the Margin shall be 1.50% (with respect to all Loans outstanding on the date hereof and all Loans made thereafter before such Calculation Date) and the Commitment Fee Percentage shall be 0.375%.
Sample 1
EFFECTIVE RATES. The application of different tax incentives regulated in the Provincial Law on Tax (reductions in taxable base and tax credits) may significantly reduce the tax to be paid, giving rise to effective rates well below the nominal rates described in the previous point. REDUCTIONS IN TAXABLE AMOUNT Offsetting tax losses (Limit 50%/70% of the taxable amount) 100% of the tax loss generated Investments in the capital of start-ups (Limit of 45% of the taxable amount) 60% of the investment Capitalisation. Notional interest (no limit) 10% of the increase in reserves Reserves for future losses (Limit up to 15%/10% of the profit) 100% of the provision Patent Box No integration 70% of net income generated Exemption for reinvestment in fixed assets No integration 100% of income generated TAX CREDITS Applicable with a limit of 35% on the tax liability Investments in new non-current assets 10% / 5% Creation of employment €5,000 / €10,000 Environmental investments 30% / 15% Investments in film productions and audiovisual series 30% (producer) Book publishing 5% Applicable with a limit of 70% on: tax liability - deductions of 35% Research and development activity 30% / 50% (+20% in certain cases) Technological innovation activity 15% / 20% In application of the above, for companies that maintain or create permanent employment, deductions with a limit of 35% on the tax liability and companies that carry out R&D&I activities, the effective taxation on the taxable base could reach 4.68% for medium-sized and large companies, 3.90% for small companies and 3.51% for micro-companies. Medium-sized / large companies Result from the profit and loss account after adjustments 1,000.00 Reduction - Proof of taxable income 1,000.00 Offsetting prior year negative tax bases (tax loss carryforwards) - Taxable income / net tax base 1,000.00 Tax rate 24.00% Gross tax payable 240.00 Deduction for domestic double taxation - Deduction for international double taxation - Gross tax payable 240.00 Deductions with a limit of 35% 84.00 Deductions with a limit of 70% 109.20 Effective tax payable 46.80 Effective rate 4.6800% Small companies Result from the profit and loss account after adjustments 1,000.00 Reduction - Proof of taxable income 1,000.00 Offsetting prior year negative tax bases (tax loss carryforwards) - Taxable income / net tax base 1,000.00 Tax rate 20.00% Gross tax payable 200.00 Deduction for domestic double taxation - Deduction for international double taxation - Gross tax payable 200.0...
Sample 1

Related to EFFECTIVE RATES

  • Effective Rate The rate derived from the applicable Interest Rate Basis or Interest Rate Bases will be determined in accordance with the related provisions below. The interest rate in effect on each day will be based on: (1) if that day is an Interest Reset Date, the rate determined as of the Interest Determination Date immediately preceding that Interest Reset Date; or (2) if that day is not an Interest Reset Date, the rate determined as of the Interest Determination Date immediately preceding the most recent Interest Reset Date.

  • Alternative Rate of Interest Notwithstanding anything to the contrary in Section 3.03(a) above, if the Administrative Agent has made the determination (such determination to be conclusive absent manifest error) that (i) the circumstances described in Section 3.03(a)(i) or (a)(ii) have arisen and that such circumstances are unlikely to be temporary, (ii) any applicable interest rate specified herein is no longer a widely recognized benchmark rate for newly originated loans in the syndicated loan market in the applicable currency or (iii) the applicable supervisor or administrator (if any) of any applicable interest rate specified herein or any Governmental Authority having, or purporting to have, jurisdiction over the Administrative Agent has made a public statement identifying a specific date after which any applicable interest rate specified herein shall no longer be used for determining interest rates for loans in the syndicated loan market in the applicable currency, then the Administrative Agent may, to the extent practicable (in consultation with the Borrower and as determined by the Administrative Agent to be generally in accordance with similar situations in other transactions in which it is serving as administrative agent or otherwise consistent with market practice generally), establish a replacement interest rate (the “Replacement Rate”), in which case, the Replacement Rate shall, subject to the next two sentences, replace such applicable interest rate for all purposes under the Loan Documents unless and until (A) an event described in Section 3.03(a)(i), (a)(ii), (b)(i), (b)(ii) or (c)(iii) occurs with respect to the Replacement Rate or (B) the Required Lenders (directly, or through the Administrative Agent) notify the Borrower that the Replacement Rate does not adequately and fairly reflect the cost to the Lenders of funding the Loans bearing interest at the Replacement Rate; provided that if such determined rate shall be less than zero, such rate shall be deemed to be zero for each Loan bearing interest at the Replacement Rate that has not been identified by the Borrower in accordance with the terms of this Agreement as being subject to a Specified Swap Contract that provides a hedge against interest rate risk. In connection with the establishment and application of the Replacement Rate, this Agreement and the other Loan Documents shall be amended solely with the consent of the Administrative Agent and the Borrower, as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section 3.03

  • Base Rate The greater of (a) the variable annual rate of interest announced from time to time by Agent at Agent's Head Office as its "prime rate" or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

  • LIBOR Rate The election of LIBOR Rates shall be subject to the following terms and requirements:

  • Applicable Margin On any date the Applicable Margin for LIBOR Rate Loans and Base Rate Loans shall be as set forth below based on the ratio of the Consolidated Total Indebtedness of REIT and its respective Subsidiaries to the Gross Asset Value of REIT and its respective Subsidiaries: Pricing Level Ratio LIBOR Rate Loans Base Rate Loans Pricing Level 1 Less than or equal to 35% 2.50 % 1.25 % Pricing Level 2 Greater than 35% but less than or equal to 40% 2.75 % 1.50 % Pricing Level 3 Greater than 40% but less than or equal to 45% 3.00 % 1.75 % Pricing Level 4 Greater than 45% but less than or equal to 55% 3.25 % 2.00 % Pricing Level Ratio LIBOR Rate Loans Base Rate Loans Pricing Level 5 Greater than 55% 3.50 % 2.25 % The initial Applicable Margin shall be at Pricing Level 4. The Applicable Margin shall not be adjusted based upon such ratio, if at all, until the first (1st) day of the first (1st) month following the delivery by Borrower to the Agent of the Compliance Certificate after the end of a calendar quarter. In the event that Borrower shall fail to deliver to the Agent a quarterly Compliance Certificate on or before the date required by §7.4(c), then without limiting any other rights of the Agent and the Lenders under this Agreement, the Applicable Margin for Loans shall be at Pricing Level 5 until such failure is cured within any applicable cure period, or waived in writing by the Required Lenders, in which event the Applicable Margin shall adjust, if necessary, on the first (1st) day of the first (1st) month following receipt of such Compliance Certificate. In the event that the Agent and the Borrower determine that any financial statements previously delivered were incorrect or inaccurate (regardless of whether this Agreement or the Commitments are in effect when such inaccuracy is discovered), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any period (an “Applicable Period”) than the Applicable Margin applied for such Applicable Period, then (i) the Borrower shall as soon as practicable deliver to the Agent the corrected financial statements for such Applicable Period, (ii) the Applicable Margin shall be determined as if the Pricing Level for such higher Applicable Margin were applicable for such Applicable Period, and (iii) the Borrower shall within three (3) Business Days of demand thereof by the Agent pay to the Agent the accrued additional amount owing as a result of such increased Applicable Margin for such Applicable Period, which payment shall be promptly applied by the Agent in accordance with this Agreement.

  • Negotiation of alternative rate of interest If the Agent's notice under Clause 5.8 is served after a Tranche is advanced, the Borrowers, the Agent, the Lenders or (as the case may be) the Affected Lender and the Swap Bank shall use reasonable endeavours to agree, within 30 days after the date on which the Agent serves its notice under Clause 5.8 (the "Negotiation Period"), an alternative interest rate or (as the case may be) an alternative basis for the Lenders or (as the case may be) the Affected Lender to fund or continue to fund their or its Contribution during the Interest Period concerned.

  • Application of agreed alternative rate of interest Any alternative interest rate or an alternative basis which is agreed during the Negotiation Period shall take effect in accordance with the terms agreed.

  • Prime Rate Borrower may prepay principal on any portion of this Note which bears interest determined in relation to the Prime Rate at any time, in any amount and without penalty.

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