Tiered Rates Sample Clauses

Tiered Rates. 18 All exchanging COUs have the right to purchase power at BPA’s Tier 1 rate by executing a 19 Contract High Water Mark (CHWM) contract with BPA. By signing CHWM contracts, COUs 20 agree to limit the resources they will exchange in the REP. Under the CHWM contract, the COU 21 agrees not to include in its ASC the cost of resources necessary to serve the COU’s Above-Rate 22 Period High Water Mark (RHWM) load. The CHWM contracts require the cost of serving 26 This worksheet contains the amount of Tier 1 load purchased from BPA, the amount of Existing 27 Resources allowed in ASC, and the COU’s Above-RHWM load, and comes from BPA’s Power
Sample 1Sample 2
AutoNDA by SimpleDocs
Tiered Rates. 10 All exchanging COUs have the right to purchase power at BPA’s Tier 1 rate by executing a 11 Contract High Water Mark (CHWM) contract with BPA. By signing a CHWM contract, COUs 12 agree to limit the resources they will exchange in the REP. Under the CHWM contract, the COU 13 agrees to not include in its ASC the cost of resources necessary to serve the COU’s Above-Rate 14 Period High Water Mark (RHWM) load. The CHWM contracts require the cost of serving 15 Above-RHWM loads to be calculated using a methodology similar to Endnote d of the 2008 18 This schedule is used to determine the amount of Tier 1 load purchased from BPA and comes 19 from BPA’s Power Rates and Implementation Group (PFR). For background information and 20 details, see Chapter 3 of the Power Rates Study, BP-12-E-BPA-01. 21 23 Contract System Cost is the utility’s cost for production and transmission resources, including 24 power purchases and conservation measures. Contract System Cost is calculated by adding the 25 functionalized Production and Transmission costs less revenue credits. Contract System Cost 26 does not include the cost of resources in an amount sufficient to serve any NLSLs of the utility.
Sample 1
Tiered Rates. The hourly rates applicable to Non-Service Catalog Items shall be based on *.
Sample 1
Tiered Rates. The hourly rates applicable to Non-Recurring Initiatives shall be based on *.
Sample 1

Related to Tiered Rates

  • Interest Rates; Benchmark Notification The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.14(b) provides a mechanism for determining an alternative rate of interest. The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission, performance or any other matter related to any interest rate used in this Agreement, 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 will be similar to, or produce the same value or economic equivalence of, the existing interest rate being replaced or have the same volume or liquidity as did any existing interest rate prior to its discontinuance or unavailability. The Administrative Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any interest rate used in this Agreement or any alternative, successor or alternative rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any interest rate used in this Agreement, any component thereof, or rates referenced in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.

  • Interest Rates (a) Each Base Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made until it becomes due, at a rate per annum equal to the Base Rate for such day. Such interest shall be payable for each Interest Period on the last day thereof. Any overdue principal of or interest on any Base Rate Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the rate otherwise applicable to Base Rate Loans for such day.

  • Rates The Borrower promises to pay to the Administrative Agent for the account of each Lender interest on the unpaid principal amount of each Loan made by such Lender for the period from and including the date of the making of such Loan to but excluding the date such Loan shall be paid in full, at the following per annum rates:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!