First Rate definition

First Rate shall have the meaning set forth in Section 3.1(e) hereof.

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First Rate shall have the meaning assigned such term in Section 3.02(b)(i).

First Rate means the contribution effective in relation to a person from the first day of a contribution year until the day before the day on which the second rate becomes effective in relation to the person;

Examples of First Rate in a sentence

• Landlord hereby leases the Premises located at on , for a total of $ for the full term of this Agreement, payable in monthly installments of Dollars ($ ) per month, payable in advance and without demand at the following address: First Rate Property Management, Inc., ▇▇▇▇ ▇ ▇▇▇▇ ▇▇, Boise, ID 83704 Phone: (▇▇▇)▇▇▇-▇▇▇▇ Payment of rent is due on or before the first day of each month to the Landlord.

• Tenant understands First Rate Property Management, Inc (FRPM), is the acting agent of the Landlord.

• The Tenant shall be obligated to maintain liability coverage protection during the term of the lease and any subsequent renewal periods and shall list First Rate Property Management as an additional interested party on Tenant’s policy.

• Tenant acknowledges the Administrative Fee is specifically charged for professional services rendered by First Rate Property Management, and is non-refundable and will not be used to offset any rents, fees, or expenses.

• Interest shall accrue at the Fixed Rate until the First Rate Change Date.

• The Adjustable Rate shall be in effect beginning on the First Rate Change Date.

• For purposes of disclosure under the Interest Act (Canada), where interest is calculated pursuant hereto at a rate based upon a 360 day year (the “U.S. First Rate”), it is hereby agreed that the rate or percentage of interest on a yearly basis is equivalent to such U.S. First Rate multiplied by the actual number of days in the year divided by 360.

• The Card remains the property of First Rate Exchange Services Ltd.

• The Certificate of Incorporation of First Rate (Delaware) shall be the Certificate of Incorporation of the Surviving Corporation from and after the Merger Date, subject to the right of the Surviving Corporation to amend its Certificate of Incorporation in accordance with the laws of the State of Delaware.

• The Employer agrees to contribute to Project First Rate and the Northwestern Illinois Building & Construction Trades the hourly con- tribution rate established by this Collective Bargaining Agreement for each hour and part of an hour worked for each journeyman and apprentice sheet metal worker covered by this Agreement, in accordance with Addendum 12.

More Definitions of First Rate

First Rate means an annual interest rate equal to six percent (6%).

First Rate means First Rate Exchange Services Limited which is a Post Office/Bank of Ireland joint venture company.

First Rate if the Average Daily Balance for any calendar month is Ten Million Dollars ($10,000,000.00) or less, interest for such month will be at a rate that is the lesser of (i) one percentage point (1.00%) per annum HIGHER than the daily Prime Rate in effect from time to time and (ii) the highest rate from time to time permitted by applicable law (and amounts received from Borrower in excess of such highest rate from time to time permitted by applicable law will be considered reductions to principal to the extent of such excess); (ii) SECOND RATE: if the Average Daily Balance for any calendar month is between Ten Million Dollars and One Cent ($10,000,000.01) and Twenty-Five Million Dollars ($25,000,000.00), interest for such month will be at a rate that is the lesser of (i) the Prime Rate in effect from time to

First Rate shall have the meaning assigned to such term in Section 2.05(c) hereof.