Wholesale Rate Clause Samples

The Wholesale Rate clause defines the specific pricing structure at which goods or services are sold in bulk, typically to resellers or distributors rather than end consumers. This rate is usually lower than the retail price and may be subject to minimum order quantities or other conditions, such as payment terms or delivery schedules. By establishing a clear wholesale rate, the clause ensures transparency in pricing, facilitates bulk transactions, and helps prevent disputes over costs between suppliers and buyers.
Wholesale Rate. The Wholesale Rate shall include Common To All Costs, as set forth in Exhibit D, based on the cost of service model, which includes all Master Metered Contracting Jurisdictions’ proportionate and/or allocated share of costs related to working capital, replacement, capital and debt service and debt service reserves, without limitation, as may be required under the terms of any bond or debt indenture for Common to All Toledo Water System Debt. (A baseline example of the methodology for calculating the cost of service for rates is included as Exhibit E, with specific costs and allocation numbers subject to change in accord with actual costs.) The Wholesale Water Rate shall not include (i) costs solely attributable to operating, maintaining, repairing and replacing those distribution components of the Toledo Water System that are not Common To All Components of the Toledo Water System, (ii) costs of capital improvements to those distribution components of the Toledo Water System that are not Common To All Components of the Toledo Water System or debt service on debt incurred for improvements to those components, or (iii) costs of retail-related items such as meter reading, customer service and billing. The Wholesale Rate shall be less than the First Block Retail Rate, inclusive of the Fixed Cost Rate.
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Wholesale Rate. Each month the District shall determine the amount of Treated Water and Raw Water delivered through the System to each Municipal Customer for the preceding one-month period and shall send a statement to each Municipal Customer for the Wholesale Rate due to the District with respect to such deliveries. Payment shall be due from each Municipal Customer within 30 days after the date of the statement.
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Wholesale Rate. In return for all water provided by the City to the District, and customers within the District, the District shall pay City the wholesale water rate for water, which shall be equal to the rates, service charges, and fees formally adopted by City Council resolution and then in effect for “Outside” customers based on the type of water service being provided (residential, commercial, irrigation, fire, etc.).
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Wholesale Rate. Tigard agrees to pay JWC for 2015 Peak Season water at the rate of $1.59 per hundred cubic feet (ccf), measured at the Beaverton/Tigard intertie meter, payable according to Section 8 below. The rate includes $0.29 per ccf Beaverton wheeling charge.
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Wholesale Rate. ONWASA and the City agree that all water provided through this wholesale agreement shall be provided at a wholesale water rate as established by the ONWASA Board of Directors or the Jacksonville City Council as applicable with said rates based upon an independent rate study, paid for by the provider of the wholesale water, with said rate being specifically limited to those direct costs incurred by ONWASA or the City as applicable for the treatment and delivery of the wholesale water to the bulk meter serving the requesting party. Neither the ONWASA wholesale rate nor the City wholesale rate shall include any cost associated with the normal delivery of water to retail customers.
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Related to Wholesale Rate

  • Applicable Rate The definition of “Applicable Rate” set forth in Section 14 is hereby amended by adding to the end of Subsection (b) of the definition after the word “Rate” the following provision: “; provided, however, that if the payee is a Defaulting Party for purposes of Section 6(e), then the rate shall be the Non-default Rate.”

  • Variable Rate The initial ANNUAL PERCENTAGE RATE for Purchases is a fixed promotional rate as shown on page 1 of this Agreement and will remain in effect for your first six (6) billing cycles following the opening of your account ("Initial Rate Period for Purchases"). The Daily Periodic Rate during the Initial Rate Period for Purchases is 0%. After the Initial Rate Period for Purchases, the Daily Periodic Rate for Purchases based on the Current Index and Rate Spread described below will be .0493% and the corresponding ANNUAL PERCENTAGE RATE will be 18.00%. After the Initial Rate Period for Purchases, the ANNUAL PERCENTAGE RATE for Purchases will change to the current rate shown on page 1 of this Agreement. The ANNUAL PERCENTAGE RATE for transfers of account balances you have with another creditor ("Balance Transfers") is a fixed rate as shown on page 1 of this Agreement and will be in effect for eight (8) billing cycles following the opening of your account. The Daily Periodic Rate for Balance Transfers during the eight-billing cycle period is 4.99%. The Daily Periodic Rate for Balance Transfers after the eight-billing cycle period based on the Current Index and Rate Spread described below will be .0493% and the corresponding ANNUAL PERCENTAGE RATE will be 18.00%. The ANNUAL PERCENTAGE RATE for Balance Transfers after the eight-billing cycle period will change to the current rate shown on page 1 of this Agreement. The current Daily Periodic Rate for Purchases and Balance Transfers is .0493%. The Daily Periodic Rate and the corresponding ANNUAL PERCENTAGE RATE may change (by increasing or decreasing) on the first day of each of your billing cycles that begin in March, June, September, and December. Each date on which the rate of interest could change is called a "Change Date." Changes will be based on changes in the "Index." The Index is the highest U.S. Prime Rate published in the "Money Rates" section of The Wall Street Journal on the last business day of the calendar month prior to the month in which the Change Date occurs. The most recent Index is called the “Current Index.” If the Index is no longer available, we will choose a new index based upon comparable information and will give you notice of our choice. Your interest rate for Purchases is based on a variable rate equal to the sum of the Current Index plus a "Rate Spread" of 12.99 percentage points. (The Rate Spread is also called the Margin.) Immediately before each Change Date we will determine the new interest rate for Purchases by adding the Rate Spread to the Current Index. For example, if the Current Index was 7.00% and the Rate Spread 12.99 percentage points, the ANNUAL PERCENTAGE RATE would be 18.00% and by dividing this percentage figure by 365, we would compute a Daily Periodic Rate of .0493%. The new interest rate for Purchases will become effective at the start of your first billing cycle after the Change Date. The ANNUAL PERCENTAGE RATE will not exceed the maximum rate permitted by law. The effect of any increase in the ANNUAL PERCENTAGE RATE and the Daily Periodic Rate for Purchases would be to increase the amount of interest you must pay and thus increase your monthly payments.

  • Base Rate The greater of (a) the variable annual rate of interest announced from time to time by Agent at Agent's Head Office as its "prime rate" or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.