Bill Rate means, on any Business Day, the average (determined by MDL and rounded up to the nearest fifth decimal place) of the individual bid rates, expressed as a percentage per annum, quoted by entities (each a “bank”) on the Reuters Screen Pages “BKBL” and “BKBM” (or such other pages as may replace those pages on that service for displaying quotations for bank bills of exchange having a tenor of three Months) at or about 10.45 a.m. on the relevant Business Day for bills of exchange having a tenor of three Months which have been drawn, accepted or endorsed by such banks and for each non-Business Day, the Bill Rate on the most recent Business Day.
Bill Rate means, in respect of any rate of interest to be calculated pursuant to this agreement, the Reserve Bank of New Zealand 90 day B2 Wholesale interest rate stated on the following page (or any successor page) http://www.rbnz.govt.nz/statistics/b2 at or about 3.00pm on the first Business Day of the period in respect of which such rate of interest is to be calculated, and thereafter at intervals of 90 days from that Business Day.
Examples of Bill Rate in a sentence
District shall compensate Contractor in a manner set forth in Exhibit B (Budget and Bill Rate Schedules) attached hereto.
If Toll Rail fails to pay Track Access Charges or any other amount due under this Agreement in full by the due date for payment, Toll Rail must pay interest on the outstanding amount from the due date until payment at the rate of 2% above the Bill Rate on the day on which interest commences to accrue in respect of such amount.
More Definitions of Bill Rate
Bill Rate means in respect of any rate of interest to be calculated pursuant to the Agreement the mid or “FRA” rate for 90 day bank accepted bills (expressed as a percentage) as quoted on Reuters page BKBM (or any successor page) at or about 10.00am on the first Business Day of the period in respect of which that rate of interest is to be calculated, and thereafter at intervals of 90 days from that Business Day.
Bill Rate means the average 90 day bank bill mid rate as quoted on Reuters Screen page BKBM (known as at the Commencement Date as the FRA rate) at or about 10.45 am as at the relevant date, provided that if, on or about that time for any reason the Reuters Screen page BKBM is not then available, the last rate quoted on that page before it became unavailable;
Bill Rate means in respect of any rate of interest to be calculated pursuant to this Agreement the mid or "FRA" rate for 90-day bank accepted bills (expressed as a percentage) as quoted on Reuters page BKBM (or any successor page) at or about 10.45 am on the first Business Day of the period in respect of which such rate of interest is to be calculated, and thereafter on each succeeding Business Day of the period.
Bill Rate means the average 90 day bank bill mid rate as quoted on Reuters Screen page BKBM or the equivalent page replacing page BKBM (known at the date of this undertaking as the FRA rate) at or about 10.45am on the relevant date or, if at that time page BKBM or the equivalent replacement page is not available, the last rate quoted on that page before it became unavailable. Call means a signal or series of signals:
Bill Rate in relation to each Interest Period means the raxx (expressed as a percentage per annum) which is the average of the bid rates shown at approximately 11.00 am Wellington time on page "BKBM" on the Reuters Screen (or its successor page) on the first day of that Interest Period for a term approximately equal to the duration of that Interest Period (or if that Interest Period is subject to marginal adjustment, for a term equal to the duration of the Interest Period prior to such adjustment) provided that if such rate is no longer available or, in the opinion of the Agent such rate becomes inappropriate, unfair or incapable of application, the Bill Rate shall mean the rate reasonably determined by thx Xxent to be the appropriate equivalent rate having regard to prevailing market conditions.
Bill Rate in relation to each Interest Period mexxx the rate (expressed as a percentage per annum) which is the bid rate shown at approximately 10:15 a.m., Sydney time, on page "BBSY" on the Reuters Monitor System on the first day of that Interest Period for a term approximately equal to that Interest Period, but if such rate is no longer available, the Bill Rate means the rate reasonably determined by xxx Australian Agent to be the average rate at which Westpac Banking Corporation, Australia and New Zealand Banking Group and the Commonwealth Bank of Australia are purchasing bills of exchange accepted by an Australian bank for a term approximately equal to that Interest Period on such day.
Bill Rate means the average 90 day bank bill mid rate as quoted on Reuters Screen page BKBM or the equivalent page replacing page BKBM (known at the date of the CSA as the FRA rate) at or about 10.45 am on the relevant date or, if at that time page BKBM or the equivalent replacement page is not available, the last rate quoted on that page before it became unavailable. Charge and Charges means all or (as the context requires) any amounts payable by the Service Provider under the CSA. Chorus means Chorus New Zealand Limited. Chorus (End User) Equipment means any equipment or software owned, operated or controlled by Chorus (including any connecting line and all associated equipment and infrastructure) that Chorus installs (or any of Chorus’ predecessors has installed) on End User Premises or an applicable NBAP for the purpose of providing a Service to such locations now or in the future, but will exclude any equipment provided to Chorus by the Service Provider for installation at any such locations.