The Contract Rate definition

The Contract Rate means the rate offered by the Service provider and accepted by the Tendering Authority under the Contract for the full and proper performance of its contractual obligations.
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The Contract Rate means the rate payable to the contractor under the work order for the full and proper performance of its contractual obligations.
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The Contract Rate means the rate payable to the Vendor under the Contract for the full and proper performance of its contractual obligations; The vendor is required to process minimum 600 bundles per shift (of 8 hours, which may be extended for 2-3 hours) or 1200 bundles per day for which minimum charges per bundle (consisting 10 packets of 100 pieces) of output can be quoted by intending Tenderer. It shall also be noted that system would run six days a week.
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Examples of The Contract Rate in a sentence

  • The Contract Rate Database System was launched by DEVB to provide a convenient access to contract rates of works contracts let by CEDD, DSD, HyD and WSD.

  • The Contract Rate shall be applicable to certain Customers who have energy supply options to serve their electrical requirements, and shall be made available pursuant to the same procedures established by the Cooperative under Public Utility Regulatory Act § 41.061(e).

  • The Contract Rate for each acre-foot of exchange water will be reviewed and adjusted every 5 years applying the Construction Cost Index.

  • The Contract Rate is a nominal Foreign Exchange Rate determined by WUIB.

  • The Contract Rate will be the lesser of the SCRF Energy Rate in effect on the Cut-Off Date for the applicable Calculation Period or the Monthly Rate.

  • The Contract Rate is available to a Shipper or its designated shipper, as defined in the agreement, signing an Agreement with the Carrier for Area A, as defined herein, and for a minimum term of ten years.

  • The Contract Rate is available to a Shipper or its designated shipper, as defined in the agreement, signing an agreement with the Carrier for a minimum term of ten years and a lease or acreage dedication in Area M, as defined herein.

  • The Contract Rate is available to a Shipper or its designated shipper, as defined in the agreement, signing a Connection Agreement with the Carrier for a minimum term of twelve years and a lease or acreage dedication in Area J, as defined herein.

  • The Contract Rate is available to a Shipper or its designated shipper, as defined in the agreement, signing a Lease Connection Agreement with the Carrier for a minimum term of ten years and a lease or acreage dedication in Area K, as defined herein.

  • Some of Karaikudi’s major water bodies are located towards the west of Sekkalai road.


More Definitions of The Contract Rate

The Contract Rate means the Law Society’s interest rate from time to time in force
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The Contract Rate means the Law Society’s interest rate
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Related to The Contract Rate

  • Contract Rate means, with respect to a Receivable, the rate per annum at which interest accrues under the Contract evidencing such Receivable. Such rate may be less than the “Annual Percentage Rate” disclosed in the Receivable.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Rate means the Adjusted LIBO Rate and the Alternate Base Rate.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its “prime rate.” If a Citibank, N.A. prime rate is not available, the applicable prime rate will be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid.

  • Default Interest Rate is two percent above the base lending rate of Barclays Bank PLC, as varied from time to time;

  • Mortgage Rate The annual rate of interest borne by a Mortgage Note from time to time.

  • Overdue Rate On any date, a rate equal to five (5) percentage points above the Prime Rate, but in no event greater than the maximum rate then permitted under applicable law.

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Minimum Mortgage Rate With respect to each Adjustable-Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the minimum Mortgage Rate thereunder.

  • Maximum Mortgage Rate With respect to each Adjustable Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Mortgage Rate thereunder.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Late Payment Rate As defined in the Insurance Agreement.

  • APR means, with respect to any Receivable, the annual percentage rate of interest stated in such Receivable.

  • Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Net Mortgage Rate With respect to any Mortgage Loan (or the related REO Property) as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the Servicing Fee Rate.

  • Prevailing wage rate means the rate, amount, or level of wages, salaries, benefits, and other

  • Worker Wage Rate means the actual hourly wage of non-salaried persons performing work on the Project plus allowable employer contributions as established on the Worker Wage Rate Form required by the Construction Documents. The Worker Wage Rate must be reasonable and customary for their industry, must equal or exceed the prevailing wage established by Owner and must be approved in writing by Owner in advance of any Application for Payment. All payments for non-salaried personnel working on the Project are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by employer for services performed for the Project.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Loan Rate for any Mortgage Loan and on any day means the per annum rate of interest applicable under the related Credit Line Agreement to the calculation of interest for the day on the Asset Balance of the Mortgage Loan.

  • Interest Rate Contract means any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, interest rate option or any other agreement regarding the hedging of interest rate risk exposure executed in connection with hedging the interest rate exposure of any Person and any confirming letter executed pursuant to such agreement, all as amended, restated, supplemented or otherwise modified from time to time.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.