VALIDITY OF RATES Sample Clauses

VALIDITY OF RATES. The quotation will remain valid for a period of 90 days from the date of opening of Part-I tender (Techno-Commercial Bid).
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VALIDITY OF RATES. The rates quoted should be valid for 120 days initially from the date of opening of the Techno- Commercial bid.
Sample 1
VALIDITY OF RATES. 6.1. Validity of the rates may be made to expire in case of premature or normal termintation of the Agreement.
Sample 1
VALIDITY OF RATES. The rates set out in this Rates Schedule will be valid from [*]. Upon expiry, the Parties will either review the rates or, failing that, the rates will be subject to an increase as described in the “Annual Rate Adjustment” section of this Rates Schedule. Thereafter rates will be reviewed on an annual basis. Any Task Order which is payable on a time and materials basis and which has a term of greater than 1 year will be re-based at the revised rates for the remainder of the Task Order (provided always that all services performed prior to the date of agreement of the revised rates shall, for the avoidance of doubt, be charged at the existing un-revised rates). All rates quoted are capped rates. UBS reserves the right to negotiate rates below these for specific assignments. Annual Rate Adjustments Supplier and UBS will review and agree rates on the [*], and thereafter in line with the official year-over-year CPI (or similar index) increase of the relevant country. The annualized rate increase for all locations is capped at [*]%. Sources of CPI information by location: · Moscow · Rosstat · xxxx://xxx.xxx.xx/free_doc/new_site/prices/ipc_data.htm · Kiev · Ukrstat * Confidential treatment has been requested for portions of this agreement. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as [*]. A complete version of this agreement has been filed separately with the Securities and Exchange Commission. 150 · xxxx://xxx.xxxxxxx.xxx.xx/ · Poland · National Bank of Poland · (xxxx://xxx.xxx.xx/xxxxx.aspx?f=/en/statystyka/core.html) · Romania · National Bank of Romania · xxxx://xxx.xxxx.xx/PublicationDocuments.aspx?icid=6876 · London · National Statistics · xxxx://xxx.xxxxxxxxxx.xxx.xx/statbase/Product.asp?vlnk=868 · Switzerland · Swiss Federal Statistical Office · xxxx://xxx.xxx.xxxxx.xx/bfs/portal/en/index/themen/systemes_d_indicateurs/economic_and_financial/data.html · USA · U.S. Department of Labor, Bureau of Labor Statistics · xxxx://xxx.xxx.xxx/cpi/cpi_dr.htm
Sample 1
VALIDITY OF RATES. 7.1. The rates quoted should be valid for 90 days initially from the date of opening of the price bid. The rates of successful tenderer should be valid for one year from the date of commencement of the contract. Tender No. BHE/ESD/FS&HR/CANT-WBF/14-15 DATE: -12/09/2014 Part – A Bharat Heavy Electricals Ltd Electronics Systems Division Plot No.98, Electronics City Phase-1 Bangalore – 560100 Important Note: Part „A‟ – Techno-Commercial Bid
Sample 1
VALIDITY OF RATES. These rates shall normally be valid for a period of 45 days. However, in case of global/ nation-wide fall in prices of a product/ component in IT industry, the Manufacturer/ Supplier will pass on such a reduction to the Purchaser. For this purpose, a reference will be made to the NICSI price list, so that discounted prices can be worked out. Rates of all configurations and parts will be arrived at by making reduction from the NICSI price list as per mutually agreed terms. For the orders placed up to 31.03.
Sample 1

Related to VALIDITY OF RATES

  • Quotation of Rates A Representative of Borrower may call Administrative Agent before delivering a Borrowing Request to receive an indication of the interest rates then in effect, but the indicated rates do not bind Administrative Agent or Lenders or affect the interest rate that is actually in effect when Borrower delivers its Borrowing Request or on the Borrowing Date.

  • Determination of Rates Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

  • Determination of Commercial Paper Rate If the Interest Rate Reset Basis specified above is the Commercial Paper Rate, the interest rate with respect to this Note will be the Commercial Paper Rate plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any, as specified above. “Commercial Paper Rate” means, with respect to any Interest Determination Date, the Money Market Yield (as defined below) of the rate on such Interest Determination Date for commercial paper having the Index Maturity specified above as published in H.15(519) under the caption “Commercial Paper-Nonfinancial”. In the event that such rate is not published by 3:00 P.M., New York City time, on the Calculation Date pertaining to such Interest Determination Date, then the Commercial Paper Rate will be the rate on such Interest Determination Date for commercial paper having the Index Maturity specified above as published in H.15 Daily Update, or other recognized electronic source used for the purpose of displaying the applicable rate, under the caption “Commercial Paper-Nonfinancial.” If by 3:00 P.M., New York City time, on such Calculation Date such rate is not yet published in either H.15(519), H.15 Daily Update or other recognized electronic source, the Commercial Paper Rate for such Interest Determination Date will be calculated by the Calculation Agent and will be the Money Market Yield of the arithmetic mean of the offered rates at approximately 11:00 A.M., New York City time, on that Interest Determination Date, of three leading dealers of United States dollar commercial paper in The City of New York selected by the Calculation Agent for commercial paper having the Index Maturity specified above placed for industrial issuers whose bond rating is “AA,” or the equivalent, from a nationally recognized statistical rating organization; provided, however, that if the dealers selected as aforesaid by the Calculation Agent are not quoting as mentioned in this sentence, the Commercial Paper Rate determined as of such Interest Determination Date will be the Commercial Paper Rate in effect on such Interest Determination Date.

  • Interest Rates (a) Each Base Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made until it becomes due, at a rate per annum equal to the Base Rate for such day. Such interest shall be payable for each Interest Period on the last day thereof. Any overdue principal of or interest on any Base Rate Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the rate otherwise applicable to Base Rate Loans for such day.

  • Applicable Interest Rates (a) U.S.

  • Interest Rates and Letter of Credit Fee RATES, PAYMENTS, AND CALCULATIONS.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

  • Determination of Applicable Interest Rate As soon as practicable on each Interest Rate Determination Date, Bank shall determine (which determination shall, absent manifest error in calculation, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Advances for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Borrower.

  • Interest and Interest Rates The rate or rates at which the Notes shall bear interest, the date or dates from which such interest shall accrue, the interest payment dates on which any such interest shall be payable and the regular record date for any interest payable on any interest payment date, in each case, shall be as set forth in the form of Note set forth as Exhibit A hereto.

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