Highest Rate definition
Examples of Highest Rate in a sentence
Tilly’s or the Company shall distribute cash in an amount equal to (i) the product of (A) the amount of such increase in the taxable income resulting from the final determination and (B) the Highest Rate plus (ii) any interest and penalties imposed thereon.
The Services/Works are allocated to the Highest Rate Quoted Company for the removal and re-export of Goods and if the Company is unable to attend to the Services/Works as per the Notice to Proceed issued by SLT, SLT shall allocate such Services/Works to any third party.
To the extent that the Directors have determined that Available Cash exists and is available for distribution, not later than ten (10) days after the end of each fiscal quarter, and thirty (30) days after the end of each fiscal year, the Corporation shall make a distribution to each Shareholder equal to the estimated amount of Corporation income and gain to be allocated to the Shareholders for such fiscal year multiplied by the Highest Rate.
In no event shall the interest rate charged under the Loans exceed the Highest Rate.
The Intermediation Fees shall not go above the Highest Rate of Intermediation Fees.
The distribution to each Shareholder for the last fiscal quarter of each fiscal year shall be increased and/or decreased to account for the three (3) previous fiscal quarter distributions so that the total of the four (4) quarterly distributions shall be equal to the amount of Corporation income and gain allocated to the Shareholder for the fiscal year multiplied by the Highest Rate.
Employee X Current Rate 28.98 Employee Highest Rate 24.95 (old position in 2007) (6 month rate in scale where employee left the position) Level 6 – verify all years to higher position held Moved to 12 month mark $29.57 in scale for level 9 2007 24.95 2008 25.82 2009 26.75 2010 27.66 2011 27.66 28.14 Oct 1, 2011 Sincerely, ▇▇▇▇ ▇.
The Company hereby agrees to indemnify and hold the Shareholders harmless from, against and in respect of any Tax Liability, calculated at the Highest Rate, incurred by them resulting from a Final Determination of an adjustment (by reason of a Tax Proceeding) to the Company’s taxable income which is the result of an increase or change in character of the Company’s income during the period it was treated as an S Corporation.
All of the expenses incurred in connection with the preparation of this debenture, the stamping and registration thereof, foreclosure of the collateral and institution of collection proceedings (including the issuance of warning letters, search of address, investigations and the legal fees of the Bank's attorney), insurance, guarding, maintenance and repair of the Pledged Property - shall be paid by the Mortgagor to the Bank at the first demand thereof, in addition to Interest at the Highest Rate.
On August 20, 2019, an educator misconduct complaint was filed with the Department alleging that Respondent was criminally convicted of DUI: Highest Rate of Alcohol-1st Offense and DUI: General Impairment/Incapable of Driving Safely-2nd Offense on March 10, 2020.