Prevailing Rate. The Union and the District agree that the wages and salaries negotiated in good faith and listed in this Agreement are at least equal to the prevailing salary or wage for the same quality of service rendered to private employers under similar employment.
Prevailing Rate. The Borrower shall pay to the Bank interest at the rate of BLR plus such percentage per annum stated in the Letter of Offer and such rate shall be subject to revision at the discretion of the Bank from time to time, by notice to the Borrower.
Prevailing Rate. The Borrower shall pay interest on the Drawing at the Prevailing Rate of the percentage per annum stated in the Letter of Offer above BLR. Unless any other interest payment period is specified by the Bank, the Borrower shall pay the interest chargeable monthly.
Prevailing Rate. Interest at the Prevailing Rate of such percentage per annum stated in the Letter of Offer above BLR shall be levied on the daily debit balance of the account and posted to the account on the last day of each calendar month. The interest shall be paid monthly. Unless paid, the interest shall be treated as a Drawing under the CF.
Prevailing Rate. The Borrower shall pay to the Bank interest at the Prevailing Rate of the percentage per annum stated in the Letter of Offer above the rate quoted by Exim Bank, or such other rate as may be determined by the Bank from time to time, by notice to the Borrower.
Prevailing Rate. 77 Project.........................................................................................................1
Prevailing Rate. The initial Prevailing Rate shall be equal to $5.50 per barrel of NOW delivered to Xxxxxxxx Xxxxx and disposed of at a Landfarm, net of all currently applicable taxes. The Prevailing Rate may be adjusted in accordance with Section 3.2, provided that the Prevailing Rate shall never be less than $5.50 per barrel.
Prevailing Rate. Section 8.06(m) Primary Premises.................................. Section 2.01 Primary Premises Delivery Work.................... Section 1.02(a) Property..........................................
Prevailing Rate. Xxxxx-Xxxxx Reporting – The Employers and Union agree that they will cooperate in filing the required prevailing wage reports to the U.S. Department of Labor on a timely basis. The employers agree to aid the union in filing Minnesota State prevailing wage reports.
Prevailing Rate. As used in this lease, the term "Prevailing Rate --------------- for Comparable Space" shall mean the average of the annual rates then being charged in the county in which the Premises are located, for space and land comparable to the Premises (taking into consideration the use, location, leasehold improvements provided, age, rental concessions, and the time the particular new rate under consideration shall be effective, which rate may be an escalating rate during the new extended term of this Lease) but in no event less than the monthly amount charged immediately prior to the applicable renewal period. In the event Landlord and Tenant cannot agree upon the Prevailing Rate for Comparable Space within sixty (60) days after the date Tenant has notified Landlord that it intends to extend the initial term of this Lease, or any extension thereof, as provided in this Article 26, Landlord shall serve a written notice on Tenant stating that an appraisal should be conducted, in which event twenty (20) days after such notice is given, Landlord shall nominate and appoint one appraiser, and Tenant shall nominate and appoint one appraiser. Upon the appointment of the two appraisers as hereinabove provided, said two appraisers shall be sworn faithfully and fairly to determine the Prevailing Rate for Comparable Space. The two appraisers shall afford to Landlord and Tenant a hearing and the right to submit evidence, with the privilege of cross- examination, on the question at issue, and shall, with all possible speed, make their respective determinations in writing and shall give notice to Landlord and Tenant of their respective conclusions. If there is a variance of less than 5% in the Prevailing Rate for Comparable Space determined by the two appraisers, the average of the values so determined shall be controlling and shall be binding upon Landlord and Tenant. If there is a variance of more than 5% in the Prevailing Rate for Comparable Space determined by the two appraisers, said appraisers shall forthwith and within ten (10) days after both of said appraisers have made their determinations appoint in writing a third appraiser and give written notice of such appointment to Landlord and Tenant. In the event the two appraisers shall fail to appoint or agree upon such third appraiser within said ten (10) day period, a third appraiser shall be selected by Landlord and Tenant, if they so agree upon such third appraiser within a further period of ten (10) days. If any apprais...
