Current Rate definition

Current Rate means the applicable basic minimum wage rate for Local Workers by reason of any National or State Statute or Ordinance, prevailing on any date subsequent to the date 28 days prior to the latest date set for submission of Tenders.
Current Rate is determined pursuant to Section 4.1.
Current Rate means the Variable Annual Interest Rate that is in effect today and specified under the heading "Interest".

Examples of Current Rate in a sentence

  • Compressed Natural Gas (CNG) Fueled Fleet 281 The annual rate adjustment will be solely a function of the 282 change in the CPI over the prior year, and shall be calculated as 283 follows: 284 New Rate = Current Rate (CR) + (CPI Adjustment) 285 CPI Adjustment = (((CPI2 – CPI1)/CPI1) * CR) 286 Where, CPI = Consumer Price Index for the Midwest Area, All 287 Items 288 =All Urban Wage Earners and Clerical Workers, published by 289 the US Department of Labor, Department of Labor Statistics.

  • The annual rate adjustment will be a blended calculation comprised of the changes in the CPI and fuel cost indices over the prior year, and computed as follows: New Rate = Current Rate (CR) + ((CPI Adjustment * X) + (FC adjustment * Y)) 218 219 220 221 222 223 224 225 226 227 8.


More Definitions of Current Rate

Current Rate means the rate or rates of interest which apply for the time being to the Advance or any part of the Advance as set out in the Offer of Advance and amended under Condition 4;
Current Rate means the average rate of electricity per kilowatthour as reflected in the current bill.
Current Rate means RBI’s Reference US$ exchange rate on the date of Purchase order(or the date of immediately preceding business day in case Forex markets in India are closed on the date of purchase order) issued by the bank to the vendor after the end of 1st year of contract period.
Current Rate is the applicable hourly rate of pay for the job classification including all wage and guaranteed cost-of-living adjustments, under this Agreement. Change Casual rates of pay as follows: Casual rates of pay to be effective on the date of ratification: The hourly rate for Dock only casuals shall be as follows:
Current Rate means Reference Rate applicable prior to the occurrence of Fallback Event
Current Rate means the applicable basic minimum wage rate for Local Workers by reason of any National or State Statute or Ordinance,
Current Rate is the applicable hourly rate of pay for the job classification including all wage and guaranteed cost-of-living adjustments, under this Agreement. Change Casual rates of pay as follows: Casual rates of pay to be effective on the date of ratification: Hourly