Settlement Rates Sample Clauses

Settlement Rates. To the extent permitted by Applicable Law, Monarch may, at its election, file the Committed Rate, including the initial Committed Rate and any subsequent changes thereto pursuant to the terms of this Agreement, as Settlement Rates in the Rates Tariff under 18 C.F.R. § 342.4(c) and Shipper expressly agrees to support such filings.
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Settlement Rates. The following are the settlement rates prior to any rate adjustments in section 9 of this Attachment 1: Service Monthly Rates Variable Energy Resource Balancing Service (VERBS) 30/15 Committed $0.71/kW of nameplate VERBS 30/60 Committed $1.01/kW of nameplate VERBS Uncommitted $1.22/kW of nameplate VERBS CSGI $0.49/kW of nameplate VERBS Solar 15-Minute $0.21/kW of nameplate VERBS Solar Hourly $0.28/kW of nameplate Dispatchable Energy Resource Balancing Service (DERBS) Inc 20.42 xxxxx/kW DERBS Dec 3.43 xxxxx/kW Regulation and Frequency Response 0.13 xxxxx/kWh Operating Reserve - Spinning 11.82 xxxxx/kWh Operating Reserve – Spinning default 13.59 xxxxx/kWh Operating Reserve - Supplemental 9.76 xxxxx/kWh Operating Reserve – Supplemental default 11.22 xxxxx/kWh
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Settlement Rates. The currently effective METC rate of $1.5235/kW/month in the Michigan Joint Zone will remain in effect and be updated in accordance with the implementation of METC Attachment O consistent with Article IV of this Settlement Agreement. Specifically, if the Commission, in Docket No. ER07-95, approves METC’s request to keep the currently effective rate of $1.5235/kW-month in effect through December 31, 2007, the rate will be updated effective January 1, 2008. If, however, the Commission, in Docket No. ER07-95, denies METC’s request to keep the currently effective rate in effect through December 31, 2007, the rate will be updated effective June 1, 2007.
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Settlement Rates. Effective September 1, 2013, during the term of the TO4 Formula, SDG&E’s wholesale and retail BTRR shall be determined by the TO4 Formula, consistent with the terms of this Settlement. The TO4 Appendix VIII, which includes the Protocols as Attachment 1 and the Formula Rate Spreadsheet as Attachment 2, constitutes the “TO4 Formula.” The TO4 Formula 12 18 C.F.R. § 35.13 (h)(4) (2013). constitutes the filed-rate. The TO4 Formula Appendix VIII, including Attachments 1 and 2, is being filed with and is an integral part of this Settlement. When SDG&E makes its annual Informational Filing, if any person protests any cost reflected in charges derived under TO4 Formula, SDG&E shall bear the burden of demonstrating the justness and reasonableness of its implementation of the TO4 Formula, consistent with Commission precedent and Sections C.4.d. and C.4.g. of the Protocols.
Sample 1
Settlement Rates. Upon the Settlement becoming effective in accordance with Article XVI, the “Settlement Rates” shown in Appendix B shall become effective January 1, 2023, and shall remain in effect through the remainder of the Settlement Term (as defined in Article XVI, Section 16.7).5 The Settlement Rates are computed consistent with the terms of this Settlement and are reflected as daily rates on the pro forma tariff sheets submitted herewith in Appendix E. The Commission’s approval of this Settlement shall constitute all authority 5 To be consistent with the “Gas Day” defined in the Tariff, the Settlement Rates will become effective at 8:00 a.m. Mountain Standard Time. necessary for Northwest to place into effect final tariff sheets consistent with the pro forma tariff sheets in Appendix E. If the Settlement becomes effective, in accordance with Article XVI, after January 1, 2023, Northwest shall refund to shippers any amounts collected in excess of the applicable Settlement Rates for the period beginning January 1, 2023, until the date on which final tariff sheets containing the Settlement Rates become effective. With respect to any such refunds, Northwest shall also include interest, calculated in accordance with 18 C.F.R. § 154.501(d). The refund provided in accordance with this paragraph will be provided in the first bill issued after final tariff sheets containing the Settlement Rates become effective. To the extent refunds are required pursuant to this Article III, within thirty (30) days after Northwest makes such refunds, Northwest shall file a refund report in accordance with 18 C.F.R. § 154.502.
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Settlement Rates. The “Settlement Rates” for service on Maritimes shall be as set forth in this Section 3.1. The Settlement Rates and Depreciation Rates (defined below in Section 4.1) shall become effective upon the Settlement Effective Date. A. The maximum recourse reservation rate under Rate Schedule MN365 shall be $0.4200 per Dth per day, or $12.7750 per Dth per month. The Rate Schedule MN365 maximum recourse usage rate shall be $0.0200 per Dth delivered. The Rate Schedule MN365 Settlement Rates are reflected in the pro forma tariff records included in Schedule 2-A attached hereto. The mainline Settlement Rates are established based on a single-system mainline rate design. (i) Maritimes and the Parties anticipate that Northern Utilities, Inc. (d/b/a Unitil) will execute a long-term service agreement under Rate Schedule MN365 reserving 7,500 Dth/d of capacity on the Maritimes system prior to the Settlement Effective Date (“Northern Utilities Agreement”). If the Northern Utilities Agreement has not reached its service commencement date prior to the Settlement Effective Date, the Parties agree that the Rate Schedule MN365 Settlement Rates will be adjusted to reflect the removal of the 7,500 Dth/d of billing determinants. In such an event, the Rate Schedule MN365 Settlement Rates that will apply are reflected in the pro forma tariff records included in Schedule 2-B attached hereto. (ii) The Settlement Rates for service under Rate Schedules MNLFT, MNIT and MNPAL shall be as reflected in the pro forma tariff records included in Schedule 2-A or Schedule 2-B, as applicable. B. Schedule 2-C contains pro forma updated tariff record changes required to implement the other Settlement terms that are in addition to the rates set forth in Section 3.1 (A) (together with the Settlement Rates, such pro forma tariff records, the “Settlement Tariff Records”).
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Settlement Rates. PJM will revise Schedule 6A of its Tariff as shown in redline and clean on the pro forma tariff sheets provided as Attachments A and B, respectively, to this Settlement, which reflect the following CRF values as settlement rates for units selected prior to June 6, 2021 (“Settlement Rates”), to provide Black Start Service: Concurrent with the filing of this Settlement with the Commission, PJM will file a motion to place these Settlement Rates in effect as of January 1, 2024 on an interim basis pending the Commission’s approval of this Settlement (“Interim Settlement Rates”).
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Related to Settlement Rates

  • Performance Adjustment Rate Except as otherwise provided in sub-paragraph (e) of this paragraph 3, the Performance Adjustment Rate is 0.02% for each percentage point (the performance of the Portfolio and the Index each being calculated to the nearest .01%) that the Portfolio's investment performance for the performance period was better or worse than the record of the Index as then constituted. The maximum performance adjustment rate is 0.20%. For purposes of calculating the performance adjustment of the portfolio, the portfolio's investment performance will be based on the performance of the retail class. The performance period will commence with the first day of the first full month following the retail class's commencement of operations. During the first eleven months of the performance period for the retail class, there will be no performance adjustment. Starting with the twelfth month of the performance period, the performance adjustment will take effect. Following the twelfth month a new month will be added to the performance period until the performance period equals 36 months. Thereafter the performance period will consist of the current month plus the previous 35 months. The Portfolio's investment performance will be measured by comparing (i) the opening net asset value of one share of the retail class of the Portfolio on the first business day of the performance period with (ii) the closing net asset value of one share of the retail class of the Portfolio as of the last business day of such period. In computing the investment performance of the retail class of the Portfolio and the investment record of the Index, distributions of realized capital gains, the value of capital gains taxes per share paid or payable on undistributed realized long-term capital gains accumulated to the end of such period and dividends paid out of investment income on the part of the Portfolio, and all cash distributions of the securities included in the Index, will be treated as reinvested in accordance with Rule 205-1 or any other applicable rules under the Investment Advisers Act of 1940, as the same from time to time may be amended.

  • Adjustment of Settlement Rate (a) Adjustments for Dividends, Distributions, Stock Splits, Etc.

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

  • Settlement Averaging Period For any Option and regardless of the Settlement Method applicable to such Option:

  • Applicable Interest Rates (a) U.S.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

  • Discount Rates 1.1 The discount rates applied to Comcast Phone purchases of BellSouth Telecommunications Services for the purpose of resale shall be as set forth in Exhibit E. Such discounts have been determined by the applicable Commission to reflect the costs avoided by BellSouth when selling a service for wholesale purposes. 1.2 The telecommunications services available for purchase by Comcast Phone for the purposes of resale to Comcast Phone’s End Users shall be available at BellSouth’s tariffed rates less the discount set forth in Exhibit E to this Agreement and subject to the exclusions and limitations set forth in Exhibit A to this Agreement.

  • Base Rates Attached to and made a part of this Agreement is Appendix A which sets forth the straight-time hourly rates for all employees covered by this Agreement.

  • Interest Determination Dates The interest rate applicable to a Floating Rate Note for an Interest Reset Period commencing on the related Interest Reset Date will be determined by reference to the applicable Interest Rate Basis as of the particular “Interest Determination Date”, which will be: (1) with respect to the Federal Funds Open Rate—the related Interest Reset Date; (2) with respect to the Commercial Paper Rate, the Federal Funds Rate and the Prime Rate—the Business Day immediately preceding the related Interest Reset Date; (3) with respect to the CD Rate and the CMT Rate—the second Business Day preceding the related Interest Reset Date; (4) with respect to the Constant Maturity Swap Rate—the second U.S. Government Securities business day preceding the related Interest Reset Date, provided, however, that if after attempting to determine the Constant Maturity Swap Rate, such rate is not determinable for a particular Interest Determination Date, then such Interest Determination Date shall be the first U.S. Government Securities business day preceding the original interest determination date for which the Constant Maturity Swap Rate can be determined; (5) with respect to LIBOR—the second London Banking Day (as defined below) preceding the related Interest Reset Date; and (6) with respect to the Treasury Rate—the day of the week in which the related Interest Reset Date falls on which day Treasury Bills (as defined below) are normally auctioned (i.e., Treasury Bills are normally sold at auction on Monday of each week, unless that day is a legal holiday, in which case the auction is normally held on the following Tuesday, except that the auction may be held on the preceding Friday); provided, however, that if an auction is held on the Friday of the week preceding the related Interest Reset Date, the Interest Determination Date will be the preceding Friday. The Interest Determination Date pertaining to a Floating Rate Note, the interest rate of which is determined with reference to two or more Interest Rate Bases, will be the latest Business Day which is at least two Business Days before the related Interest Reset Date for the applicable Floating Rate Note on which each Interest Reset Basis is determinable. “London Banking Day” means a day on which commercial banks are open for business (including dealings in the LIBOR Currency) in London.

  • Exchange Rates Notwithstanding the foregoing, for purposes of any determination under Section 9, Section 10 or Section 11 or any determination under any other provision of this Agreement expressly requiring the use of a current exchange rate, all amounts incurred, outstanding, or proposed to be incurred or outstanding in currencies other than Dollars shall be translated into Dollars at the Spot Rate; provided, however, that for purposes of determining compliance with Section 10 with respect to the amount of any Indebtedness, Restricted Investment, Lien, Asset Sale, or Restricted Payment in a currency other than Dollars, no Default or Event of Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness, Lien or Restricted Investment is incurred or Asset Sale or Restricted Payment made; provided that, for the avoidance of doubt, the foregoing provisions of this Section 1.6 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness, Lien, or Investment may be incurred or Asset Sale or Restricted Payment made at any time under such Sections. For purposes of any determination of Consolidated Total Debt or Consolidated First Lien Secured Debt, amounts in currencies other than Dollars shall be translated into Dollars at the currency exchange rates used in preparing the most recently delivered Section 9.1

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