Administrative Fee Base Rate means $[***] and on each annual anniversary of the initial Determination Date will be increased by [***]%.
Administrative Fee Base Rate means, (i) in the case of a PV System, on the Initial Closing Date, $[***] and on each annual anniversary of the initial Determination Date will be increased by [***]% and (ii) in the case of an Independent Storage System, $[***] and on each annual anniversary of the initial Determination Date will be increased by [***]%.
Administrative Fee Base Rate means, with respect to each Solar Asset, five dollars ($5.00).
More Definitions of Administrative Fee Base Rate
Administrative Fee Base Rate means, with respect to each Solar Asset, an amount to be mutually agreed upon by the Facility Agent and the Sponsor with respect to each Payment Date, in each case in an amount not to exceed twenty dollars ($20.00).
Administrative Fee Base Rate means $5.75 and on each annual anniversary of the initial Determination Date will be increased by 2.0%.