Prevailing Rate Sample Clauses

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 the 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 specified in the Letter of Offer. 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 rate of BLR plus such percentage per annum stated in the Letter of Offer for bills denominated in RM, and for bills denominated in other currencies the Borrower shall be charged the rate prevailing for the respective currency (as advised by the Bank). The prevailing rate shall be subject to revision at the discretion of the Bank from time to time, by notice to the Borrower.

Prevailing Rate. “Prevailing rate” of pay is defined as an employee’s regular rate plus any shift differential, but not including any overtime compensation. It is understood, however, that employees assigned to a rotating shift schedule shall be paid at their regular rate for Holidays, Paid Time Off (“PTO”), Bereavement Leave, Jury Duty Leave, and Sick Leave, under the provisions of this Agreement.

Prevailing Rate. The prevailing rate consists of a base rate and a fringe benefit rate which may be paid in cash or benefits. Conn. Gen. Stat. Section 31-53(d) permits the Labor Commissioner to adopt and use the prevailing wage rate determinations as have been made by the Secretary of Labor of the United States under the provisions of the Xxxxx-Xxxxx Act, as amended. The agent empowered to let such contract shall contact the Labor Commissioner at least ten, but not more than twenty days, prior to the date such contracts will be advertised for bid, to ascertain the proper prevailing rate. Under Public Act 02-69 the rates will be adjusted annually on or before July 1st of each year. These new rates will be on Department of Labor website.

Prevailing Rate. Profit at the Prevailing Rate as stated in the Letter of Offer 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 profit shall be paid monthly.

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. Profit at the Prevailing Rate of the percentage per annum stated in the Letter of Offer shall be levied.