Annual Base Rate definition
Annual Base Rate means the Participant's annualized rate of pay in effect at the time of determination.
Annual Base Rate means, in connection with Program Bonds subject to a Release Date occurring prior to January 1, 2011, 3.21%, and, in connection with a Release Date occurring on or after January 1, 2011, and prior to January 1, 2012, the 10-Year Constant Maturity Treasury rate as of the close of business on December 9, 2010 or a date between December 2, 2010 and December 10, 2010, designated in advance by the HFA, each as reported to the Trustee and the Issuer by the Special Permanent Rate Advisor.
Annual Base Rate means a rate that will not exceed 2.97%.
Examples of Annual Base Rate in a sentence
Fire Annual Base Rate 6/1/2023 Annual Base Rate 10/1/2023 Annual Base Rate 10/1/2024 Annual Base Rate 10/1/2025 Annual Base Rate Position Months 3% 3% 2% 1.5% Cadet 0-Grad.
CONSULTANT shall be paid for the services rendered at a Annual Base Rate of $50,000.
The incentive reward will be a maximum of 10% of Annual Base Rate of Pay for the achievement of all the yearly objectives in any one year.
In the event of delay beyond such period, the defaulting Party shall pay interest for the period of delay calculated at a rate equal to Annual Base Rate, and recovery thereof shall be without prejudice to the rights of the Parties under this Agreement including Termination thereof.