Reduced Rate definition

Reduced Rate means a rate lower than the standard rate; and “the standard rate” means the rate specified by section 31(1AA)(a).

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Reduced Rate shall have the meaning ascribed to that term in Section 2.8(e), relating to backup withholding tax.

Reduced Rate means the payment of funds, whether styled as fees, taxes, a discounted payment, or otherwise, which is less than the fair market value of the travel package offered by a supplier; and

Examples of Reduced Rate in a sentence

• For purposes of this Agreement, an appropriate Internal Revenue Service form shall mean Form 1001 (Ownership Exemption or Reduced Rate Certificate of the U.S. Department of Treasury), or Form 4224 (Exemption from Withholding of Tax on Income Effectively Connected with the Conduct of a Trade or Business in the United States), or any successor or related forms adopted by the relevant U.S. taxing authorities.

• The Company will provide the employee with free and reduced rate transportation benefits in accordance with Free and Reduced Rate Transportation regulations.

• The conditions of eligibility of a common-law spouse are the same as those which apply under the Company's Free and Reduced Rate Transportation program.

• For purposes of this Agreement, an appropriate Internal Revenue Service form shall mean Form 1001 (Ownership Exemption or Reduced Rate Certificate of the U.S. Department of Treasury), or Form 4224 (Exemption from Withholding of Tax on Income Effectively Connected with the Conduct of a Trade or Business in the United States), or any successor or related forms adopted by the relevant United States taxing authorities.

• While the Reduced Rate is in effect, and provide no Default or Event of Default has occurred and is continuing, all payments on, and proceeds of, Accounts shall be deposited by Bank into Borrower’s operating account maintained at Bank.

More Definitions of Reduced Rate

Reduced Rate shall have the meaning given such term set forth in Subsection 2.11(E).

Reduced Rate means the reduced Storm Water User’s fee rate set forth in the Consolidated Fee Schedule for the City of South Salt Lake for property owners that meet the requirements of Section 13.25.04(D).

Reduced Rate has the meaning set out in Clause 27(b)(iv)”.

Reduced Rate has the meaning given that term in Section 3.10.

Reduced Rate is defined in Section 4.10(e), relating to backup withholding tax.

Reduced Rate means the rate of state tax that is levied on sales of natural gas or electricity that is sold to a manufacturer for use directly in the actual manufacturing process.

Reduced Rate shall have the meaning set forth in Paragraph 4.2(b) of Schedule I.