Prescribed Rate definition

Prescribed Rate means such rate of income tax as may be determined by order made by the Treasury;

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Prescribed Rate means the rate of 4% above The Royal Bank of Scotland plc base rate from time to time in force.

Prescribed Rate means an Hourly Rate prescribed in the Remuneration

Examples of Prescribed Rate in a sentence

• Interest in respect of a Drawing accrues from day to day in respect of each Interest Period at the Prescribed Rate for that Interest Period on the amount of the Drawing on that day and based on a 365 day year.

• Interest on the Standby Redraw Facility Principal accrues from day to day in respect of each Interest Period at the Prescribed Rate for that Interest Period on the amount of the Standby Redraw Facility Principal on that day and based on a 365 day year.

• Such payment must be made together with interest from the date the costs and expenses are incurred to the date of full payment at the Prescribed Rate and if applicable, the Default Rate (both before and after judgment).

• If any payment by the Trustee on a Distribution Date pursuant to clause 5.3 is insufficient to pay the full amount of the then accrued interest on the Standby Redraw Facility Principal, such unpaid accrued interest will in turn accrue interest (as a separate and independent obligation) until paid at the Prescribed Rate for each succeeding Interest Period and if not paid on the Distribution Date at the end of each such succeeding Interest Period, will itself bear interest in accordance with this clause.

• If any payment by the Trustee on a Distribution Date pursuant to clause 5.3 is insufficient to pay the full amount of the then accrued interest on a Drawing, such unpaid accrued interest will in turn accrue interest (as a separate and independent obligation) until paid at the Prescribed Rate for each succeeding Interest Period and if not paid on the Distribution Date at the end of each such succeeding Interest Period, will itself bear interest in accordance with this clause.

More Definitions of Prescribed Rate

Prescribed Rate means either:

Prescribed Rate in relation to an Interest Period means the sum of:

Prescribed Rate means two per cent (2%) above the base rate from time to time of The Royal Bank of Scotland plc Price means:

Prescribed Rate means the interest rate which is 2% above the Reserve Bank of Australia Indicator Rate as published or quoted from time to time, or such other rate as may from time to time be fixed by the Directors, calculated daily;

Prescribed Rate means the rate per centum per month which exceeds by one half per centum per month the monthly rate of interest for the time being chargeable under Section 1080 of the Taxes Consolidation Act 1997 (or such other monthly rate of interest as may from time to time be chargeable upon arrears of Tax) or, as the Landlord may from time to time elect, the rate of ten (10) per centum per annum;

Prescribed Rate means the rate of interest which is the aggregate of two percent per year and the Canadian Imperial Bank of Commerce prime rate adjusted quarterly on the last day of September, December, March and June.

Prescribed Rate means an Hourly Rate prescribed in the Legal Aid Legislation;