Weekly Rate definition

Weekly Rate means the interest rate on the Bonds established in accordance with Section 2.03(b) hereof.

Weekly Rate means the rate of interest on a Group of 2021 Series J Variable Rate Bonds described in Section 301 of Appendix A hereto.

Weekly Rate means an interest rate on the Bonds set under Section 2.02(a)(2).

Examples of Weekly Rate in a sentence

• Grade 2: The total weekly remuneration for a Live - in Housekeeper/ Carer - Grade 2 shall be calculated as follows: Total Weekly Rate = Weekly Rate for a Employee Grade 2 + All Incidents Loading The All Incidents loading for a Live - in Housekeeper/Carer - Grade 2 is calculated by obtaining 40% of the relevant weekly rate.

• The total weekly remuneration for a Live - in Housekeeper/ Carer - Grade 2 shall be calculated as follows: Total Weekly Rate = Weekly Rate for a Employee Grade 2 + All Incidents Loading The All Incidents loading for a Live - in Housekeeper/Carer - Grade 2 is calculated by obtaining 40% of the relevant weekly rate.

• The total weekly remuneration for a Live - in Housekeeper - Grade 1 shall be calculated as follows: Total Weekly Rate = Weekly Rate for a Community Care Employee Grade 1 + All Incidents Loading The All Incidents Loading for a Live - in Housekeeper - Grade 1 is calculated by obtaining 30% of the relevant weekly rate.

• In the week of the first public performance in each city where there is a combination of performance and non-performance days during that week (and lay off is not applicable) payment will be made on the basis of one sixth of the Total Negotiated Weekly Rate set out in clause 4(1) of the Employees' Standard Contract for non- performing days and one eighth of the Total Negotiated Weekly Rate set out in clause 4(2) for each performance.

• The total remuneration for a Live - in Housekeeper/ Carer - Grade 3 shall be calculated as follows: Total Weekly Rate = Weekly Rate for a Community Care Employee Grade 3 + All Incidents Loading The Special Loading is calculated by obtaining 3.5% of the relevant weekly rate.

More Definitions of Weekly Rate

Weekly Rate means with respect to each Calculation Period during a Weekly Rate Period, a rate of interest equal to the rate of interest per annum established and certified to the Trustee (with a copy to the Authority, the Registrar and Paying Agent and the Company) by the Remarketing Agent no later than 12:00 noon (New York City time) on and as of the Determination Date as the minimum rate of interest per annum which, in the opinion of the Remarketing Agent, would be necessary on and as of such day to remarket Bonds in a secondary market transaction at a price equal to the principal amount thereof plus accrued interest thereon; provided that such rate of interest shall not exceed the lesser of 110% of the Weekly Rate Index on and as of such date and the Maximum Allowed Rate.

Weekly Rate means the rate of interest that is set on the Bonds while they are in the Weekly Rate Mode.

Weekly Rate means the rate at which Multi-Modal Bonds bear interest during a Weekly Rate Period. “Weekly Rate Mode” means a Rate Mode in which a Multi-Modal Bonds bear interest at a Weekly Rate. “Weekly Rate Period” means a period of 7 days commencing on the Issue Date, on a Conversion Date or on

Weekly Rate. ’ means the rate at which Multi-Modal Bonds bear interest during a Weekly Rate Period.

Weekly Rate means an interest rate that is determined on a weekly basis with respect to Bonds in the Weekly Mode pursuant to Section 2.06.

Weekly Rate means the variable interest rate on the bonds of Series LL established in accordance with Section 8(b) of this Article I.

Weekly Rate. Annual Salary" as described in this Article divided by fifty-two (52).