Area Rate definition

Area Rate means the annual charge to property owners for the maintenance of the Private Road referred to in this agreement, and which is included as part of their property tax invoices.
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Area Rate means an area rate set pursuant to subsection 96(2) of the HRM Charter;
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Area Rate means a rate of a target portion to a unit area and is expressed as a percentage obtained by dividing a total area of target portions (for example, the holes) in a target region (for example, a cover non-
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Examples of Area Rate in a sentence

  • Add-On Local Area Rate is an extension of the local service calling area.

  • This identified that the Specified Area Rate was raised against 4,321 properties in 2018/19 at an average cost of $55.38 per property.

  • This average is distorted to some degree as 11.5% of the Specified Area Rate is raised by Eaton Fair Shopping Centre.

  • The Government, as was said in Permian Basin Area Rate cases, is entitled to make pragmatic adjustments which may be called for by particular circumstances.

  • The Landowner agrees and understands that the contract payment is based on the approved Geographic Area Rate Cap (GARC) in effect when the Agreement (EXHIBIT E) was signed.

  • Council Levy’s a Specified Area Rate in the Marlston Hill Precinct for additional landscaping and garden care, and a further example is the Pelican Point Lakes Estate pay a private maintenance fee to the body corporate to service facilities within the Estate.

  • The Rating Strategy also includes the principles around the raising of a Bulk Waste Collection Specified Area Rate, the Eaton Landscaping Specified Area Rate, the Minimum Rate payment, and Discounts and Concessions applied for Pensioners, Seniors, Early Payment and Concessions.

  • On 29th January 2020, Council considered a Differential and Specified Area Rate Review report.

  • An Eaton Landscaping Specified Area Rate has been applied by the Shire of Dardanup for residents in the Eaton/Millbridge areas since 2009/2010.

  • Upon termination of the Agreement, the Area Rate will be discontinued upon payment of all outstanding amounts.


More Definitions of Area Rate

Area Rate means an additional tax rate on the assessment value of taxable property or occupancy assessments within a defined catchment area pursuant to Section 96(2) of the HRM Charter;
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Area Rate means an area rate levied under the Charter, and includes a uniform charge;
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Area Rate means the percentage of total assessment assigned to specific properties to fund or recover costs incurred by the Municipality relating to the installation or maintenance of sidewalks.
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Related to Area Rate

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • Rental Rate means the average annualized composite rate for United States treasury bonds issued for periods of ten years and longer plus two percent. The rental rate shall not exceed ten and three-quarters percent nor fall below eight and one-quarter percent.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • Reference Rate means the rate specified as such hereon.

  • U.S. Base Rate means, for any day, the rate of interest per annum equal to the greater of (a) the interest rate per annum publicly announced from time to time by the Administrative Agent as its reference rate in effect on such day at its principal office in Toronto for determining interest rates applicable to commercial loans denominated in U.S. Dollars in Canada (each change in such reference rate being effective from and including the date such change is publicly announced as being effective) and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%.

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR