Banded rate definition

Banded rate means a rate that has a minimum and maximum rate.

Examples of Banded rate in a sentence

  • WSR 02-11-081 (Docket No. U-991301, General Order No. R-498), § 480-80-111, filed 5/14/02, effective 6/17/02.] WAC 480-80-112 Banded rate tariff filings.

  • E.g. Banded rate of returns, Sliding scale regulation, price caps with periodic reviews, permanent price caps and total revenue caps etc.

  • Martin, 'Dispositions and Conditionals', Philosophical Quarterly 44 (1994), pp.

Related to Banded rate

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Administrative Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage on such day.

  • Base Rate means, for any day, the rate per annum equal to the higher of (a) the Federal Funds Rate for such day plus one-half of one percent (0.5%) and (b) the Prime Rate for such day. Any change in the Base Rate due to a change in the Prime Rate or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate or Federal Funds Rate.

  • Published Rate means the rate of interest published each Business Day in The Wall Street Journal “Money Rates” listing under the caption “London Interbank Offered Rates” for a one month period (or, if no such rate is published therein for any reason, then the Published Rate shall be the rate at which U.S. dollar deposits are offered by leading banks in the London interbank deposit market for a one month period as published in another publication selected by the Administrative Agent).