Higher Rate definition

Higher Rate means a call charge that exceeds a licensee’s standard charge for an off-net call or SMS text and the call charge may include payment for the service accessed by the call.
Higher Rate means a rate of interest which is 2% per annum above the rate of interest that we used for the purpose of calculating the rent due under this contract;
Higher Rate means a rate ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Examples of Higher Rate in a sentence

  • Work at a Higher Rate: If a food service worker is required by the “Charge of the Hill” to work in a cooks position, that employee will be compensated at the employee’s regular rate unless the rate of the position assigned is higher, in which case the employee receives the higher rate, step for step, for actual hours worked in that position.

  • Section 2bPlease complete this section if you receive the Higher Rate of the Mobility Component of Disability Living Allowance (HRMCDLA).

  • We need to be satisfied that the existing mortgages will be converted to a permanent letting agreement and we require:• Consent to let confirmation, in writing, from the existing lender or a copy of the LTB re-mortgage offer from the new lender.• Rental coverage of 130% (Basic Rate Tax Payers) or 165% (Higher Rate Tax Payers) of the mortgage commitment (based on a notional 5.5% interest rate).

  • If the rental coverage is less than 130% (Basic Rate Tax Payers) or 165% (Higher Rate Tax Payers), any shortfall will be taken into account in the affordability calculation.o Proof of rental income and mortgage payment/s on the most recent bank statement/s.o Consent to let will be required or proof the mortgage is on a BTL basis (BTL mortgage statement).

  • If the rental coverage is less than 130% (Basic Rate Tax Payers) or 165% (Higher Rate Tax Payers), any shortfall will be annualised and deducted from income before applying our income multiples to new residential mortgages.


More Definitions of Higher Rate

Higher Rate means a rate of interest five per cent ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Higher Rate. – means the highest rate of interest charged or chargeable by the Bank under a Security or an Agreement and in the absence of such rate the Higher Rate shall be as reasonably determined by the Bank from time to time having regard to the Bank’s Legitimate Interests.
Higher Rate means the aggregate of the Lower Rate and 2% per annum.
Higher Rate shall have the meaning given in Section 9.3(a)(ii).
Higher Rate means a Timebank time consumption rate of 150% of the actual time worked.
Higher Rate means 10% per annum; 3.4.2 "Lower rate" means 8% per annum; 3.4.3 "Interest payment date" means the date that the installments referred to in clause 2.1 are due and payable.