Rate calculation Sample Clauses

Rate calculation. (1) The Guar- xxxxx Fee rate generally shall vary in- versely with the ratio of Equity to Long-Term Debt (Variable Rate) of the Person who we consider to be the pri- xxxx source of credit in the trans- action (Credit Source), for example,
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Rate calculation. Each Employee granted a vacation under this Article will be paid at his average straight time rate (standard hourly wage rate plus incentive) for the prior calendar year. The average straight time rate (for the purposes of this Section) shall be computed by:
Rate calculation specify the basis for the travel costs.
Rate calculation. Interest is calculated and accrued daily. To calculate the daily interest, we divide the annual interest rate by 365. Wemultiply that figure by the GIC book value to determine how much interest to accrue. Interest is paid on maturity for GICs that do not pay interest during their term.

Related to Rate calculation

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Payment Calculation District shall pay Contractor at a rate of $ per . OR District shall pay Contractor as described in attached Exhibit A

  • Overtime Calculation For the purpose of overtime calculation only, approved or scheduled time off work will be considered the same as time worked.

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report.

  • Overtime Pay Calculation Overtime shall not be claimed or received for less than fifteen (15) minutes. If overtime amounts to fifteen (15) minutes, or more, it shall be paid for the total period.

  • Rate Increases In the event that this Agreement is renewed pursuant to Section 3.1.2, the rate set forth in Exhibit “C” may be adjusted each year at the time of renewal as set forth in Exhibit “C.”

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