Circle Rate definition

Circle Rate as applicable for the Site shall mean the unit rate of land/ area approved / designated for commercial use as fixed by the revenue and stamps department of the respective State in which the Site is located for the purposes of payment of stamp duty on instruments with respect to land/ area(s) comprised in the Site;
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Circle Rate means the value of land / house assessed according to guidelines issued by the Collector under the Madhya Pradesh Bazar Mulya Margadarshak Siddhanton Ka Banaya Jana Tatha Unka Punrikshan Niyam, 2000 made under the Indian Stamp Act, 1988 (no. 2 of 1899).
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Circle Rate means the rate notified by the District Magistrate for assessment of stamp duty under the Indian Stamp Act, 1899 on the transaction of land in respective circles.
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Examples of Circle Rate in a sentence

  • An employee receiving a Red Circle Rate will continue to receive such rate provided the employee continues to perform the job for which the rate applies.

  • It is understood that where such an employee, receiving a Red Circle Rate, is promoted to another position within the same job family to which Red Circle Rates apply as a result of the implementation of the new classification system, the person promoted will receive the appropriate Red Circle Ratefor the positionto which the employee has,been promoted.

  • I An employee in receipt of a Red Circle Rate at the introduction of the Job Evaluation Plan shall retain his salary and his right to general increases.

  • Any employee who at the date the execution of this Agreement is being paid a rate in excess of that established for his classification shall continue to receive such rate for the term of this Agreement as a Circle Rate'' during the term of his employment.

  • An employee in receipt of a Red Circle Rate at the introduction of the Job Evaluation Plan shall retain his salary and his right to general increases.

  • It is understood that where such an employee, receiving a Red Circle Rate, is promoted to another position within the same job family to which Red Circle Rates apply as a result of the implementation of the new classification system, the person promoted will receive the appropriate Red Circle Rate for the position to which the employee has been promoted.

  • Circle Rate Rs. ./- per Sq. mtrs (un-cultivated land category-v) Certificate No. IN-HP02111034366148P Dated 24th day of January, 2017 ………………………………………………………………….

  • Upon termination of his employment the said "Red Circle Rate" shall be discontinued.

  • Circle Rate Rs. .per Sq. mtrs (cultivated land category-v) ……………………….

  • An employee in receipt of a Red Circle Rate at the of the Job Evaluation Plan shall retain salary and his to general increases.

Related to Circle Rate

  • Applicable Rate means a percentage per annum equal to:

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.48%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • Hurdle Rate means the minimum annual rate of return over the Net Asset Value at launch, or the beginning of the relevant Performance Period, as applicable, that must be achieved before an Equalisation Performance Fee is applied (details of which are set out in the section headed “Unit Class Information” in the Supplement for the relevant Fund where applicable). This rate is accrued at each Valuation Point.

  • Maximum Applicable Rate with respect to APS, has the meaning set forth in Section 11.10(a)(vii) of these Bylaws.

  • Reference Rate means the rate specified as such hereon.

  • Taxable Rate means, with respect to a Taxable Period, the product of (i) the average interest rate on the Loan during such period and (ii) 1.54.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • L/C Fee Rate with respect to each Letter of Credit at any date, the applicable percentage per annum set forth below based upon the Status on such date: Level I Level II Level III Level IV Level V Level VI Status Status Status Status Status Status ------ ------ ------ ------ ------ ------ 0.45% 0.50% 0.60% 0.70% 0.90% 1.20%

  • 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

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • U.S. Base Rate means, on any day, the annual rate of interest equal to the greater of (a) the annual rate of interest announced by a commercial Canadian bank selected by the Lender and in effect as its base rate at its principal office in Toronto, Ontario on such day for determining interest rates on Dollar demand commercial loans in Canada, and (b) the sum of the Federal Funds (Effective) Rate plus 0.50% per annum.

  • Unused Fee Rate means a rate equal to 0.50% per annum.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Comparable Rates means rates payable by the Comparison Group for Comparable Services so as to be fair comparable rate with the Framework Prices;

  • Base Rate means, for any day, the rate per annum equal to the higher of (a) the Federal Funds Rate for such day plus one-half of one percent (0.5%) and (b) the Prime Rate for such day. Any change in the Base Rate due to a change in the Prime Rate or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate or Federal Funds Rate.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.