Senior Debt Rate. [the non-default interest rate as defined in the Senior Financing Agreements] or such lower rate as the Parties may agree;
Senior Debt Rate Sample Clauses
Related to Senior Debt Rate
Junior Rates (1) The minimum wage to be paid to employees under 21 years of age shall be according to the table below: % of adult minimum rate $ per week Under 17 50 266.13 At 17 60 319.36 At 18 70 372.58 At 19 80 425.81 At 20 90 479.03 (2) The minimum wage to be paid to employees under 21 years of age as specified in this Agreement will increase by the percentage that the Federal Minimum Wage increases on each occasion that it is increased by the Australian Fair Pay Commission.
E-RATE Authorized users who receive E-rate funding are encouraged to review Universal Service Fund rules and regulations to verify the applicability of this Contract to the E-rate program. NEW YORK STATE RIGHTS OGS Reserved Rights New York State reserves the right to:
Interest Rate The LHIN may charge the HSP interest on any amount owing by the HSP at the then current interest rate charged by the Province of Ontario on accounts receivable.
Interest on Floating Rate Notes (a) Interest Payment Dates Each Floating Rate Note bears interest from (and including) the Interest Commencement Date and such interest will be payable in arrear on either:
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.
Leverage Ratio The Borrower will not permit the Leverage Ratio to exceed 4.50 to 1.0 on the last day of any Fiscal Quarter.
Wage Rate The hourly rates for full-time junior and adult apprentices as set out in this agreement shall apply to school based apprentices except that the school based apprentice for pay purposes will be paid a further 25% of hours to the actual hours worked for off the job training.
Default Interest Rate From and after the occurrence of any Event of Default, and so long as any such Event of Default remains unremedied or uncured thereafter, the Obligations outstanding under the Agreement shall bear interest at a per annum rate of five percent (5%) above the otherwise applicable interest rate hereunder, which interest shall be payable upon demand. In addition to the foregoing, a late payment charge equal to five percent (5%) of each late payment hereunder may be charged on any payment not received by Bank within ten (10) calendar days after the payment due date therefor, but acceptance of payment of any such charge shall not constitute a waiver of any Event of Default under the Agreement. In no event shall the interest payable under this Addendum and the Agreement at any time exceed the maximum rate permitted by law.
Commitment Charge; Credit; Maturity Premium (a) The Borrower shall pay a commitment charge on the unwithdrawn amount of the Loan at the rate and on the terms specified in the Loan Agreement.
Debt Service - Interest on Short-Term Debt Tax Anticipation Warrants Tax Anticipation Notes Corporate Personal Prop Repl Tax Anticipation Notes State Aid Anticipation Certificates Other Interest on Short-Term Debt (Describe & Itemize) Total Debt Service - Interest On Short-Term Debt Debt Service - Interest on Long-Term Debt Debt Service - Payments of Principal on Long-Term Debt 15 (Lease/Purchase Principal Retired) Debt Service Other (Describe & Itemize) Total Debt Service 4000 4100 4110 4120 4190 4000 5000 5100 5110 5120 5130 5140 5150 5100 5200 5300 5400 5000 0 0 0 0 0 70,000 70,000 0 70,000 70,000 100,000 100,000 0 0 0 170,000 170,000 A B C D E F G H I J K 1 (100) (200) (300) (400) (500) (600) (700) (800) (900) 177 Description: Enter Whole Numbers Only PROVISION FOR CONTINGENCIES (DS) Funct # 6000 Salaries Employee Benefits Purchased Services Supplies & Materials Capital Outlay Other Objects Non-Capitalized Equipment Termination Benefits Total 178 179 180 Total Direct Disbursements/Expenditures Excess (Deficiency) of Receipts/Revenues Over Disbursements/Expenditures 0 170,000 170,000 (9,000) 181 40 - TRANSPORTATION FUND (TR) 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 SUPPORT SERVICES (TR) Support Services - Pupils Other Support Services - Pupils (Describe & Itemize) Support Services - Business Pupil Transportation Services Other Support Services (Describe & Itemize) Total Support Services COMMUNITY SERVICES (TR) PAYMENTS TO OTHER DIST & GOVT UNITS (TR) Payments to Other Dist & Govt Units (In-State) Payments for Regular Program Payments for Special Education Programs Payments for Adult/Continuing Education Programs Payments for CTE Programs Payments for Community College Programs Other Payments to In-State Govt Units (Describe & Itemize) Total Payments to Other Dist & Govt Units (In-State) Payments to Other Dist & Govt Units (Out-of-State) (Describe & Itemize) Total Payments to Other Dist & Govt Units DEBT SERVICE (TR)
