Credit Rate definition

Credit Rate for each Fund shall mean an amount equal to the net gain or loss on the assets deemed invested in each Fund by the Participant during each month.

Credit Rate means ninety percent (90%) of the dollar value of each Utility Credit.

Credit Rate means, on each day that a Credit Agreement ----------- is in effect, a rate per annum equal to the sum of (i) the lowest rate available to Graybar on such date for a revolving loan made pursuant to such Credit Agreement plus (ii) .25% per annum.

Examples of Credit Rate in a sentence

• A Credit-Limited Offer shall clear the RPM Auction in which it is submitted (to the extent it otherwise would clear based on the other offer parameters and the system’s need for the offered capacity) only to the extent of the lesser of: (i) the quantity of Unforced Capacity that is the quotient of the division of the specified maximum credit requirement by the Auction Credit Rate resulting from section IV.D.b.; and (ii) the maximum amount of Unforced Capacity specified in the Sell Offer.

• As specified in Section IV.D, the RPM Auction Credit Rate may be reduced under certain circumstances after the auction has closed.

• For a Market Seller electing this alternative, the RPM Auction Credit Requirement applicable prior to the posting of results of the auction shall be the maximum credit requirement specified in its Credit-Limited Offer, and the RPM Auction Credit Requirement subsequent to posting of the results will be the Auction Credit Rate, as provided in Section IV.D.b, c.

• As specified below, the RPM Auction Credit Rate may be reduced under certain circumstances after the auction has closed.

• For Price Responsive Demand specified in section IV.A, the credit requirement shall be based on the Nominal PRD Value (stated in Unforced Capacity terms) times the Price Responsive Demand Credit Rate as set forth in section IV.E. Except for Credit-Limited Offers, the RPM Auction Credit Requirement for a Market Seller will be reduced for any Delivery Year to the extent less than all of such Market Seller’s offers clear in the Base Residual Auction or any Incremental Auction for such Delivery Year.

More Definitions of Credit Rate

Credit Rate means the Value of Distributed Energy Resources (“VDER”) rate as established by the New York State Public Service Commission. The application of Xxxx Credits shall occur no more than once per calendar month. If the amount of Xxxx Credits allocated to Subscriber in a Xxxx Period exceeds the amount that can be applied to Subscriber’s electric utility xxxx in that Xxxx Period, the excess Xxxx Credits shall be applied to Subscriber’s next electric utility xxxx.

Credit Rate means the rate shown in the Contract Schedule.

Credit Rate means five and thirty-eight hundredths per centum (5.38%) per annum, the rate designated by the Secretary of the United States Treasury on the date of the Commitment Letter (March 4, 2011), which Commitment Letter constitutes a binding, written contract for the sale or exchange of the Bonds.

Credit Rate means the per kilowatt hour rate used to calculate the monetary value of a subscriber’s share of the output of the large scale community solar facility. The credit is equal to the per kilowatt hour rate in the long term contracts entered into between the standard buyer and the project sponsor pursuant to this section, and shall be the same for all subscribers of a particular large scale community solar resource.

Credit Rate means, for any particular day, the lowest of the Percentage Amounts corresponding to the S&P Credit Rating for such day as set forth in the following table:

Credit Rate means the rate per kilowatt-hour used to calculate the xxxx credits for subscribers of a shared distribution generation resource, which shall be $___, as specified in Commission Order [docket no., date]. [NOTE: this rate may vary by year depending on escalators; attach schedule containing rates for the subsequent years]

Credit Rate means four and ninety-three hundredths per centum (4.93%) per annum, the rate designated by the Secretary of the United States Treasury on the date of the Commitment Letter (February 14, 2012), which Commitment Letter constitutes a binding, written contract for the sale or exchange of the Bonds.