Base XXX definition

Base XXX means the XXX of the New England transmission owners accepted or approved by FERC for Regional Transmission Service, excluding any incentive or other adders approved by FERC.
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Base XXX means eleven and one-tenth (11.1%) percent for the first Contract Year of the Initial Term, which assumes the Base LCBF and the Base Credit Spread; and as adjusted for the first Contract Year of any Renewal Term pursuant to Section 3.2(3).
Sample 1
Base XXX means the percentage determined by the Compensation Committee of the Board of Directors of the Bank (the "Committee"), in its sole discretion, for each Plan Year. For the initial Plan Year, which is 2001, the percentage is 14%.
Sample 1

Examples of Base XXX in a sentence

  • If the GLWB is cancelled, the Benefit Base, XXX and any other benefit accrued or received under the GLWB shall terminate.

  • The Parties acknowledge and agree that Purchaser shall have the right to challenge any FERC filing made under Section 205 of the Federal Power Act with respect to a replacement for the Base XXX, unless Purchaser shall have agreed in writing to the XXX set forth in such filing.

  • If the GLWB is cancelled, the Benefit Base, XXX, and any other benefit accrued or received under the GLWB will terminate.

  • For example, if the transition to a Projected Rate Year becomes effective on January 1, 2022, PPL will receive a Blended Base XXX of 9.93 percent from January 1, 2022 through December 31, 2022.

  • PPL Electric will make refunds of the difference between charges that were calculated using the Base XXX in effect as of the refund effective date of May 21, 2020 and charges calculated using the Base XXX provided in Section 1.1 of this Settlement.

  • Effective as set forth in Article IV, the Formula Rate Template included in Exhibit A to this Settlement, which incorporates the Base XXX values provided for in Section 1.1 of this Settlement, shall replace and supersede the Formula Rate Template currently included in the Tariff.

  • This section also provides that if the transition from a June 1 to May 31 Rate Year period to a projected rate year based on January 1 to December 31 period occurs during a year in which the Base XXX would change on June 1st, PPL Electric will use a blended Base XXX that reflects the number of months each XXX is in effect during the transition year.

  • Annually, the Bank shall determine and declare for the Executive and for each of the other participants in the Deferred Bonus Plan the Base XXX and the Target XXX for the Plan Year.

  • B-8 SECTION 2.3 Representations and Warranties..............................

  • A Blended Base XXX of 9.98 percent reflects 5 months of a 9.95 percent Base XXX (through May 31, 2023) and 7 months of a 10.00 percent Base XXX (starting June 1, 2023), as set forth in Section 1.1.

Related to Base XXX

  • Xx. Xxxx xxxxx Xxxxxx Xxxxxx generally accepted accounting principles consistently applied.

  • XX Xxxxx “Xxx Xxxxxxx”

  • Xxxx Xxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxx XXX Means an individual retirement account as defined in Code Section 408A.

  • Xxx Xxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxx Xxxxx “Xxxxxxx Xxxxxxxxx”

  • Xxxx Xxxxx Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxx Xxxx has the same meaning as “CAISO Controlled Grid” as defined in the CAISO Tariff.

  • XXX Xxx means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended.

  • X.X. Xxxxxx shall have the meaning set forth in the preamble.

  • Daily Simple XXXXX for any day (a “XXXXX Interest Day”), an interest rate per annum equal to (a) XXXXX for the day that is five XXXXX Business Days (such fifth XXXXX Business Day determined pursuant to each of subclauses (i) and (ii), the “XXXXX Lookback Day”) prior to (i) if such XXXXX Interest Day is a XXXXX Business Day, such XXXXX Interest Day or (ii) if such XXXXX Interest Day is not a XXXXX Business Day, the XXXXX Business Day immediately preceding such XXXXX Interest Day or (b) if XXXXX is not available for the XXXXX Lookback Day determined pursuant to clause (a) above, by 5:00 p.m., London time on any day of determination of Daily Simple XXXXX, then Daily Simple XXXXX for such day will be XXXXX as published in respect of the first preceding XXXXX Business Day prior to the XXXXX Lookback Day for which XXXXX was published on the XXXXX Administrator’s Website; provided that Daily Simple XXXXX determined pursuant to this clause (b) shall be utilized for purposes of calculation of Daily Simple XXXXX for no more than three consecutive XXXXX Interest Days and thereafter subsection 2.11(a) shall govern. Any change in Daily Simple XXXXX due to a change in XXXXX shall be effective from and including the effective date of such change in XXXXX without notice to the Borrower.

  • Xxxx-Xxxxx-Xxxxxx Act means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended.

  • Van Xxxxxx Xxxrican Capital Tax Free High Income Fund ("Tax Free High Income Fund") Van Xxxxxx Xxxrican Capital California Insured Tax Free Fund ("California Insured Tax Free Fund") Van Xxxxxx Xxxrican Capital Municipal Income Fund ("Municipal Income Fund") Van Xxxxxx Xxxrican Capital Intermediate Term Municipal Income Fund (Intermediate Term Municipal Income Fund") Van Xxxxxx Xxxrican Capital Florida Insured Tax Free Income Fund ("Florida Insured Tax Free Income Fund") Van Xxxxxx Xxxrican Capital New Jersey Tax Free Income Fund ("New Jersey Tax Free Income Fund") Van Xxxxxx Xxxrican Capital New York Tax Free Income Fund ("New York Tax Free Income Fund") Van Xxxxxx Xxxrican Capital California Tax Free Income Fund ("California Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Michigan Tax Free Income Fund ("Michigan Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Missouri Tax Free Income Fund ("Missouri Tax Free Income Fund") Van Xxxxxx Xxxrican Capital Ohio Tax Free Income Fund ("Ohio Tax Free Income Fund")

  • Xxxxx Xxxxx “Xxx Xxxxxx”

  • Xxxx Xxxxxx “Xxx Xxxx”

  • Xxx Xxxxxx Xxxx Xxxxx” ”Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxx Xxx The Federal National Mortgage Association or any successor thereto.

  • Xxxxxx Xxxx XXXXXX XXXX

  • by Xxxxx x and "F1" by Fitch and whose long-term, unsecured and unsubordinated debt obligations are then rated not less than "AA-" by S&P, "A1" by Xxxxx'x and "A+" by Fitch (or its equivalent by any substitute rating agency);

  • Xxxxx Xxxxxx Xxxx Xxxxxx”

  • Xxxxxx Xxxxx Xxxx Xxxxxx”

  • Term XXXXX means, for the applicable corresponding tenor, the forward-looking term rate based on XXXXX that has been selected or recommended by the Relevant Governmental Body, and that is published by an authorized benchmark administrator and is displayed on a screen or other information service, as identified or selected by the Administrative Agent in its reasonable discretion at approximately a time and as of a date prior to the commencement of an Interest Period determined by the Administrative Agent in its reasonable discretion in a manner substantially consistent with market practice.

  • Xxxx-Xxxxx Act means the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Xxxx Xxxxxxx Xxxxxx Xxxxx” ”Xxxxxx Xxxxxx” ”Xxxxx Xxxxxxxx”

  • Public Xxxxxx shall have the meaning assigned to such term in Section 10.01(f).

  • Xxxxx–Xxxxx Act For any federally assisted construction contract, in excess of two thousand dollars ($2,000), the contractor, subcontractor, subrecipient shall comply with all of the requirements of the Xxxxx-Xxxxx Act (40 U.S.C. 3141 – 3148) as supplemented by Department of Labor Regulations (29 CFR Part 5, “Labor Standards Provisions Applicable to Contracts Covering Federally Financed and assisted Construction”); and the Xxxxxxxx “Anti-Kickback” Act (40 U.S.C. 3145), as supplemented by Department of Labor regulations (29 CFR Part 3, “Contractors and Subcontractors on Public Building or Public Work Financed in Whole or in Part by Loans or Grants from the United States”).