Absolute Rate definition

Absolute Rate means a fixed rate of interest expressed in multiples of 1/100th of one basis point.
Absolute Rate has the meaning given that term in Section 2.2.(c)(ii)(C).
Absolute Rate means a rate of interest per annum, expressed as a percentage to four decimal places and set forth in a Bid for a particular Bid Loan amount and a particular Loan Period.

Examples of Absolute Rate in a sentence

  • Pavement thickness design is dependent upon:• the anticipated traffic conditions,• subgrade and paving material characteristics, and• climate conditions at the project site.

  • Absolute Rate shall be quoted by the bidder at the relevant location in GeM Portal, as per the methodology provided under Appendix-15 of the tender document.

  • With respect to any Money Market Absolute Rate Loans, each period commencing on the date such Loans are made and ending on the number of days thereafter (but not less than seven days nor more than 360 days) as the Borrower may select as provided in Section 2.3.

  • CWC shall compare the Absolute Rate with Schedule of Rates (SOR)and percentage increase/decrease shall be worked out.

  • The contractor also agrees to submit a copy of the Monthly Project Workforce Report, Form AA-202 once a month thereafter for the duration of the contract to the Department of Labor Workforce and Development and to the board of education Public Agency Compliance Officer.All bidders should familiarize themselves with N.J.S.A. 10:5-31 et seq.


More Definitions of Absolute Rate

Absolute Rate means an interest rate (rounded to the nearest .0001) expressed as a decimal.
Absolute Rate means a fixed rate of interest (rounded to the nearest 1/100 of 1%) for an Absolute Interest Period with respect to a Competitive Bid Loan offered by a Lender and accepted by the Borrower at such rate.
Absolute Rate means, with respect to an Absolute Rate Loan made by a given Lender for the relevant Absolute Rate Interest Period, the rate of interest per annum (rounded to the nearest 1/100 of 1%) offered by such Lender and accepted by the Borrower.
Absolute Rate shall have the meaning set forth in Section 3.02(c)(ii)(D) hereof.
Absolute Rate means a fixed annual rate, expressed as a percentage.
Absolute Rate has the meaning specified in subsection 2.07(c).
Absolute Rate means, with respect to an Absolute Rate Loan made by a given Lender for the relevant Absolute Rate Interest Period, the rate of interest per annum (rounded to the nearest 1/100 of 1%) offered by such Lender and accepted by the Company.