Base Toll definition

Base Toll means the toll amount for a Toll Segment determined pursuant to Section 6 or Section 7, as applicable, before being multiplied by the Class Factor of the User and before addition of the Image-Based Billing Toll Premium (if any).

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Base Toll has the meaning set forth in Exhibit 10.

Base Toll means the Toll for each Forecast Movement effective as of the commencement of each Contract Year.

Examples of Base Toll in a sentence

• In either case, if MBF acquires additional production capacity, ▇▇▇▇ will be compensated for such increased production at the Base Toll Fee agreed for such production period.

• At least sixty days prior to the intended Production Commencement Date for any subsequent Renewal Production Period, the Parties shall negotiate in good faith the Biodiesel Volume to be produced during such Renewal Production Period, the Production Commencement Date for such Renewal Production Period, the Biodiesel Delivery Dates and associated quantities for such Renewal Production Period, the Base Toll Fee for such Renewal Production Period, and the Final Toll Date for such Renewal Production Period.

• If the Parties do not agree on the Biodiesel Volume, Production Commencement Date, Biodiesel Delivery Dates, and Base Toll Fee terms for any subsequent production period prior to sixty days before the intended Production Commencement Date for any subsequent Renewal Production Period, this Agreement shall terminate following the delivery of all Biodiesel produced during the last production period for which such items were timely agreed.

• By way of illustration, the Parties will agree on or before August 10, 2008, on the Biodiesel Volume, Production Commencement Date, Biodiesel Delivery Dates, and the Base Toll Fee with respect to Biodiesel to be produced by ▇▇▇▇ for MBF for the Renewal Production Period having a Production Commencement Date of October 9, 2008.

• The Section Developer may change the Base Toll Rate associated with any Tolling Point not more frequently than once every [5] minutes.

• The Section Developer shall in no event set the Base Toll Rate for a Class 2 vehicle higher than the Toll Rate Range Maximum for a Class 2 vehicle or lower than the Toll Rate Range Minimum for a Class 2 vehicle.

• The Section Developer must set the Base Toll Rate for each Tolling Point at or below the Toll Rate Soft Cap applicable to Class 2 vehicles when the Operational Metrics are being met within the Priced Managed Lanes associated with such Tolling Point.

• There shall be no restrictions on the Base Toll Rate except as set forth in Appendix 2 (Toll Rate Setting).

• If the Operational Metrics are not being met within any part of the Priced Managed Lanes associated with any Tolling Point, the Section Developer may set the Base Toll Rate for the applicable Tolling Point(s) exceeding the Toll Rate Soft Cap (but at all times not to exceed the Toll Rate Range Maximum applicable to Class 2 vehicles).

• The toll rates displayed on the Toll Rate Signs shall be based on the current Base Toll Rate at each Tolling Point between the applicable Toll Rate Sign and the stated end point of the Trip.

More Definitions of Base Toll

Base Toll means, in respect of each class of vehicle, the amount specified in the Table in this Schedule in respect of such class of vehicle;