Service Rate Sample Clauses

Service Rate. By signing the Snowplowing Agreement the owner has the priority of snowplowing service on a schedule to be determined by the District in its sole discretion. The owner agrees to pay $2.00 per minute for backhoe, $2.50 per minute for loader and $2.17 per minute for skid steer with snow-blower. The minimum charge of $35 for snowplowing and the minimum charge of $40 for snow- blowing services will be assessed each time the property has snow removed by the District. This equates to approximately 17.5 minutes for backhoe, 14 minutes for loader, and 19 minutes for snow- blower for the minimum charge. Additional minutes will be billed accordingly.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Service Rate. 3.1 Any/all Licensor services performed are subject to the billing rate defined below. Services are not restricted to any number, duration, or type. All Services provided are fully supported and warranted by Licensor as to quality and standardization.
Sample 1
Service Rate. I acknowledge that unless my meter is installed on the first day of the month, the metered service rate will not begin for this account until the first day of the following month. For example: a meter installed on May 12th would not begin at the metered rate until June 1st, which would reflect on the July bill. So, the June statement (for May’s water/sewer use) would be charged at the flat rate.
Sample 1
Service Rate. The Accountant and the Client hereby agree to the following rate: $2,000 per month either by check or wire transfer to: Bank of America Get Otc Current, LLC ABA#: 000000000 Account#: 483053573237 Address: 000 0xx Xxxxxx, XX, XX 00000
Sample 1
Service Rate. Any employee being utilized to service equipment or perform work off Company premises will be paid an additional two dollars and fifty cents ($2.50) per hour.
Sample 1
Service Rate. Company agrees that the provision of Commercial and MFD Organic Waste Collection Service to Commercial and MFD Service Units is critical to Company’s ability to meet the Zero Waste Minimum Requirements as set forth in Article 4.8 of this Agreement. The cost of providing Commercial Organic Waste recycling is not known at the present. The Company agrees to limit the cost charged for this service to the net cost of pick up, hauling and processing the material as determined through a cost audit prior to the initiation of service. Company further agrees that not all Commercial Service Units will elect to receive Organic Waste Collection Service in Carts, and that Company will provide Organic Waste Collection Bins upon request and as necessary. Further, Company agrees that there are several Commercial Service Units that utilize Compactors for collection or Organic Waste, and that Company will provide a sufficient number of Carts or Bins and at a collection frequency to allow for any such Commercial Service Unit to utilize the collection of Organic Waste. Commercial Organic Waste Collection will occur Monday – Friday, and on Saturdays upon request and as necessary.
Sample 1
Service Rate. Any Tier Two Driver may request the light service rate because he is unable to performtire changes and calls. Bonus Schedule Permanent Emergency Road Service Drivers Rules for Bonus and Qualification The Permanent Driver must be in that position and in the employ of Ontariofor that entire quarter to receivethe bonus. The bonus will be paid out within days of the end of the calendar quarter. The Permanent Driver must be in the employ of Midwestern Ontario at the time of payoutto receivethe bonus.
Sample 1
AutoNDA by SimpleDocs
Service Rate. Vapor Processing Charges No Charge (Calculated on barrels withdrawn at the rack) (See Item 13, Vapor Processing)
Sample 1
Service Rate. A price that incorporates the costs of delivering the service at the service levels agreed to by both parties.
Sample 1

Related to Service Rate

  • Fee Rate The fee shall be at the annual rate of 0.65% of the average daily net assets of the Fund.

  • 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.

  • Applicable Margins The ABR Applicable Margin and the LIBOR Applicable Margin to be used in calculating the interest rate applicable to different Types of Advances shall vary from time to time in accordance with the long-term unsecured debt ratings from Xxxxx’x, and Fitch of the General Partner and the Borrower. In the event the General Partner and the Borrower have different ratings, the rating of the higher rated entity shall be used. In the event the rating agencies are split on the rating for the higher rated entity, the lower rating for such entity shall be deemed to be the applicable rating (e.g., if the higher rated entity’s Xxxxx’x debt rating is Baa1, and its Fitch’s rating is BBB, then the Applicable Margins shall be computed based on the Fitch rating), and the Applicable Margins shall be adjusted effective on the next Business Day following any change in the higher rated entity’s Xxxxx’x debt rating, and/or Fitch’s debt rating, as the case may be. The applicable debt ratings and the Applicable Margins are set forth in the table attached as Exhibit A. In the event that Fitch or Xxxxx’x shall discontinue their ratings of the REIT industry, the General Partner or the Borrower, a mutually agreeable substitute rating agency (or two mutually agreeable substitute agencies if both existing rating agencies discontinue such ratings) shall be selected by the Required Lenders and the Borrower. If the Required Lenders and the Borrower cannot agree on a substitute rating agency or substitute rating agencies within thirty (30) days after such discontinuance, or if Fitch and Xxxxx’x shall discontinue their ratings of the REIT industry, the Borrower, or the General Partner, the Applicable Margin to be used for the calculation of interest on Advances hereunder shall be the highest Applicable Margin for each Type. If a rating agency downgrade or discontinuance results in an increase in the ABR Applicable Margin, the LIBOR Applicable Margin, or Facility Fee Rate and if such downgrade or discontinuance is reversed and the affected Applicable Margin is restored within ninety (90) days thereafter, at the Borrower’s request, the Borrower shall receive a credit against interest next due the Lenders equal to interest accrued from time to time during such period of downgrade or discontinuance and actually paid by the Borrower on the Advances at the differential between such Applicable Margins, and the differential of the Facility Fee paid during such period of downgrade. If a rating agency upgrade results in a decrease in the ABR Applicable Margin, LIBOR Applicable Margin or Facility Fee Rate and if such upgrade is reversed and the affected Applicable Margin is restored within ninety (90) days thereafter, Borrower shall be required to pay an amount to the Lenders equal to the interest differential on the Advances and the differential on the Facility Fees during such period of upgrade.

  • 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.

  • Payment at Highest Lawful Rate If the Borrower is not obliged to make a payment that it would otherwise be required to make, as a result of Section 5.6(a), the Borrower shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations.

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

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

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

Time is Money Join Law Insider Premium to draft better contracts faster.