Cost Rate definition
Cost Rate means the percentage obtained by dividing net benefits paid for a calendar year by the total wages for the same period. [PL 1973, c. 563, §3 (RPR).]
Cost Rate means the rate calculated using historical operating costs and adjustment factors up to the limit rate for direct care, other direct care, and indirect care. The cost rate shall include an efficiency incentive and operating margin.
Cost Rate means the cost of compliance with existing requirements of the Bank of England and/or the Financial Services Authority (or any authority which replaces all or any of their functions) or the requirements of the European Central Bank, in each case to be calculated in accordance with the Cost Rate Schedule attached hereto as Schedule 1.1.
Examples of Cost Rate in a sentence
Grantor will accept that Indirect Cost Rate, up to any statutory, rule-based or programmatic limit.
Direct labor plus indirect costs calculated using the Federal 10% De Minimis Indirect Cost Rate.
For Grantees who have never negotiated an Indirect Cost Rate before, the Indirect Cost Rate Proposal must be submitted for approval no later than three months after the effective date of the Award.
If Attachment J - Indirect Cost Rate Letter is required but it is not issued by HHSC at the time of Contract execution, Grantee may revise the cost reimbursement budget to incorporate ▇▇▇▇▇▇▇’s new indirect cost rate.
System Agency shall provide written notification through technical guidance correspondence documenting approval or denial of ▇▇▇▇▇▇▇’s budget revision and will incorporate the new Attachment J - Indirect Cost Rate Letter into the Contract by reference as necessary.
More Definitions of Cost Rate
Cost Rate as measured on the Initial Closing Date or any Reporting Date means a per annum percentage rate equal to the sum of (i) the LIBO Rate for the Initial Closing Date or the related Settlement Period, as the case may be, plus (ii) 1.50%.
Cost Rate. For any day during a Due Period means a rate equal to (a) the sum of (i) the LIBOR Rate for such Due Period, plus (ii) 2.00% divided by (b) 360.
Cost Rate. The Grantee’s acknowledged or approved Indirect Cost Rate (“ICR”) is contained within ATTACHMENT K, and either the ICR Acknowledgement Letter, ICR Acknowledgement Letter – Ten Percent De Minimis, or the ICR Agreement Letter attached to this Contract and incorporated as ATTACHMENT K, FORM E, INDIRECT COST RATE LETTER.
Cost Rate as measured on the Initial Closing Date, any Seller Addition Date or any Reporting Date, as the case may be, means a per annum percentage rate equal to the sum of (i) the LIBO Rate for the Initial Closing Date, such Seller Addition Date or the related Settlement Period, as the case may be, plus (ii) 5.0%. "LIBO Rate" for the Initial Closing Date, any Seller Addition Date or any Settlement Period, as the case may be, means the offered rate per annum (rounded upwards, if necessary, to the nearest 1/16th of one percent) appearing in The Wall Street Journal for three month LIBOR loans on the Initial Closing Date, such Seller Addition Date or the first Business Day of such Settlement Period, as the case may be.
Cost Rate as measured on the Initial Closing Date or any Reporting Date means a per annum percentage rate equal to the sum of (i) the LIBO Rate for the Initial Closing Date or the related Settlement Period, as the case may be, plus (ii) 5.0%. "LIBO RATE" for the Initial Closing Date or any Settlement Period means the offered rate per annum (rounded upwards, if necessary, to the nearest 1/16th of one percent) appearing in The Wall Street Journal for three month LIBOR loans on the Initial Closing Date or the first Business Day of such Settlement Period, as the case may be.
Cost Rate means 1. The cost of compliance with existing requirements of the Bank of England and/or the Financial Services Authority (or any authority which replaces all or any of their functions) in respect of Advances denominated in sterling will be calculated by the Agent in relation to each Advance on the basis of rates supplied by the Agent by reference to the circumstances existing on the first day of each Interest Period in respect of such Advance and, if any such Interest Period exceeds three months, at three calendar monthly intervals from the first day of such Interest Period during its duration in accordance with the following formula: AB +C(B-D) + E x 0.01 per cent per annum 100 - (A+C) Where: A. is the percentage of eligible liabilities (assuming these to be in excess of any stated minimum) which the Agent is from time to time required to maintain as an interest free cash ratio deposit with the Bank of England to comply with cash ratio requirements. B. is the percentage rate per annum at which sterling deposits are offered by the Agent in accordance with its normal practice, for a period equal to (a) the relevant Interest Period (or, as the case may be, remainder of such Interest Period) in respect of the relevant Advance of (b) three months, whichever is the shorter, to a leading bank in the London Interbank Market at or about 11:00 a.m. in a sum approximately equal to the amount of such Advance. C. is the percentage of eligible liabilities which the Agent is required from time to time to maintain as interest bearing special deposits with the Bank of England. D. is the percentage rate per annum payable by the Bank of England to the Agent on interest bearing special deposits. E. is the rate payable by the Agent to the Financial Services authority pursuant to the Fees Regulations (but, for this purpose, the figure at paragraph [2.02b]/[2.03b] of the Fees Regulations shall be deemed to be zero) and expressed in pounds per ₤1,000,000 of the Fee Base of the Agent.
Cost Rate means the annual salary actually received by a teacher placed on Category 4 (years of university education/training) and maximum (years of teaching experience) (Category 4 max) for the 2007/08 school year. The average “cost rate” for the salaries in the applicable ratified collective agreement will be calculated and then divided by Pembina Hills’ salary of $75,409. The resulting adjustment factor will be applied to each cell of the restructured (5/6 roll up incorporated) salary grid. The monetary values for each cell will then be entered into the salary grid effective September 1, 2007.