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

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

Payment for Minor, Major and Reduced Rate of Production Delays will be made as follows.
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 International Reduced Rate Card (FIP Card) is for unlimited reduced rate leisure travel (i.e. buying discounted tickets) and International Coupons (FIP Coupons) are for limited free leisure travel.
The Company will provide the employee with free and reduced rate transportation benefits in accordance with Free and Reduced Rate Transportation regulations.
For purposes of disclosure under the Interest Act (Canada), the yearly rate of interest which is equivalent to the rate of interest payable on this Global Note is the Interest Rate specified on the face hereof multiplied by the number of days in the year and divided by 360.

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 given that term in Section 3.10.

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

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.