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.
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Credit Rate means ninety percent (90%) of the dollar value of each Utility Credit.
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Credit Rate means the rate shown in the Contract Schedule.
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Examples of Credit Rate in a sentence

  • In the event that Bank, in its sole discretion, provides an Earnings Credit Rate program to Customer, and the application of the Earnings Credit Rate program results in a positive number or Earnings Credit, the Earnings Credit may be used to offset fees accrued in Customer’s account during the billing period, up to the amount of the Earnings Credit.

  • The Policy Credit Commencement Year, Policy Credit Duration, and Policy Credit Rate are each shown in Section 1.

  • The Policy Credit is equal to the Policy Credit Rate times the minimum of the Policy Value or the Policy Credit Limit.

  • The Accounts shall be credited or charged during the deferral period with performance returns, which include reinvestment of all dividend and capital gain distributions (together the “Performance Return”), based on the performance of the designated Credit Rate Options.

  • The Plan Administrator will notify Trustees who have deferred Compensation allocated to a Credit Rate Option that becomes unavailable during the deferral period.


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.
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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]
Sample 1
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.
Sample 1
Credit Rate means five and thirty hundredths per centum (5.30%) per annum, the rate designated by the Secretary of the United States Treasury on the date of the Commitment Letter (March 15, 2011), which Commitment Letter constitutes a binding, written contract for the sale or exchange of the Bonds.
Sample 1
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.
Sample 1
Credit Rate means the rate per kilowatt-hour used to calculate the xxxx credits for Project Sponsor, which shall be ___, as specified in Commission Order (docket no., date]. [NOTE: This rate may vary by year depending on the escalators; attach schedule containing rates for subsequent years]
Sample 1
Credit Rate means the Value of Distributed Energy Resources (“VDER”) rate as established by the New York State Public Service Commission. The application of Bill Credits shall occur no more than once per calendar month. If the amount of Bill Credits allocated to Subscriber in a Bill Period exceeds the amount that can be applied to Subscriber’s electric utility bill in that Bill Period, the excess Bill Credits shall be applied to Subscriber’s next electric utility bill.
Sample 1