Defined Rate definition

Defined Rate means the rate of pay applicable to a Casual Registered Nurse employed under the terms of this Agreement at the classification applicable under the Award/Agreement, plus a margin of not more than 40%. Nothing in this provision precludes an Employer choosing to fill the position through an Agency at the rate charged by the Agency.
Defined Rate means the maximum interest rate permitted by applicable law.
Defined Rate means 4% plus the prime or base rate as determined by the Wall Street Journal, or successor thereto, from time to time; PROVIDED, HOWEVER, that if the foregoing is in excess of the maximum interest rate permitted by applicable law, then the term "Defined Rate" shall mean the maximum interest rate permitted by applicable law.

Examples of Defined Rate in a sentence

  • Nationwide will not change the Defined Rate for contracts once issued.

  • As discussed and included in the disclosure, Nationwide will not change the Defined Rate for contracts once issued, and Nationwide understands any future change in the Defined Rate for new contracts may be made by 497 supplement.

  • The Defined Rate is stated in the contract provided when the Nationwide Lifetime Income Capture option was elected.

  • The Roll-up Interest Rate will not be less than 4.00% or greater than 10.00%.For example, if the Defined Rate is 3.00% and the Variable Rate is 2.83%, the Roll-up Interest Rate is 5.75% (3.00% + 2.83% = 5.83%, rounded up or down to the nearest 0.25%, results in 5.75%).

  • The Roll-up Interest Rate is determined by the following formula:Roll-up Interest Rate = Defined Rate + Variable Rate The Roll-up Interest Rate is calculated by adding the Defined Rate, an amount determined by Nationwide, and the Variable Rate, the rate of return (the nominal interest rate) of the specified index.

  • As used herein, the "Defined Rate" shall mean a rate per annum equal to (i) the highest rate then paid by the Corporation for indebtedness for borrowed money, plus one hundred (100) basis points, or (ii) if the Corporation has no indebtedness for borrowed money then outstanding, then ten percent (10%), but in no event more than the maximum amount permissible by law.

  • The note shall bear interest, compounded quarterly, through the date of payment, at the Defined Rate (as defined below) on the Initial Redemption Date (as defined below), such rate to be computed on the basis of a 360-day year.

  • The note shall bear interest, compounded quarterly, through the date of payment, at the Defined Rate (as defined herein) on the Initial Redemption Date (as defined below), such rate to be computed on the basis of a 360-day year.

  • Similarly, the major oxidation species of hydrocarbons, typically alkenes, at night is the nitrate radical (NO3)[2].

  • Control in A1: OD value lower than 0.200Cut-off Control in B1/C1: OD value between 0.350 - 0.850 Pos.


More Definitions of Defined Rate

Defined Rate means a rate per annum equal to (i) the highest rate then paid by the Corporation for indebtedness for borrowed money, plus one hundred (100) basis points, or (ii) if the Corporation has no indebtedness for borrowed money then outstanding, then ten percent (10%), but in no event more than the maximum amount permissible by law.
Defined Rate means the rate of pay applicable to a Casual Registered Nurse employed under the terms of this Agreement at the classification applicable under the Agreement, plus a margin of not more than 40%.

Related to Defined Rate

  • Reference Rate means the rate specified as such hereon.

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the higher of:

  • 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.

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen

  • €STR Reference Rate means, in respect of any TARGET Business Day, a reference rate equal to the daily Euro Short-Term Rate ("€STR") for such TARGET Business Day as provided by the European Central Bank, as administrator of such rate (or any successor administrator of such rate), on the website of the European Central Bank initially at http://www.ecb.europa.eu, or any successor website officially designated by the European Central Bank (the "ECB's Website") (in each case, at the time specified by, or determined in accordance with, the applicable methodology, policies or guidelines on the TARGET Business Day immediately following such TARGET Business Day).

  • 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.