Daily Variance Rate definition

Daily Variance Rate means 20% of the Reference Charge for a Special Contract Transportation Service payable by the User on the Day on which the Daily Variance occurred.
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Daily Variance Rate means 120% of the Capacity Reference Tariff payable by the User on the Day on which the Daily Variance occurred.
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Daily Variance Rate means for Class FH1 Service, the Throughput Rate of $0.142/GJ (in 1 January 1995 dollars) multiplied by 2 (refer to paragraph 7) and as at 1 July 1997 means the rate specified for that Class of Transportation Service in Schedule 2.
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Examples of Daily Variance Rate in a sentence

  • The Daily Variance Charge for a Day is calculated by multiplying the Daily Variance Rate by the Daily Variance Quantity for that Day for a Receipt Point or a Delivery Point (as applicable) for which the Daily Variance Charge is payable under paragraph (b) and aggregating the amounts calculated above for each relevant Receipt Point and Delivery Point.

  • The Daily Variance Charge is calculated by multiplying the Daily Variance Rate by the aggregate of Daily Variance Quantities for that Day at Receipt Points and Delivery Points (as applicable) for which the Daily Variance Charge is payable under the above paragraph.

  • Daily Variance Rate has the meaning given to it in the Details of this Access Arrangement.

  • The Authorised Overrun Rate, Daily Variance Rate, Imbalance Rate, Monthly Reservation Rate, Throughput Rate and the Unauthorised Overrun Rate for AFT Services are expressed in 1 July 1997 dollar terms.

  • These definitions apply to this document unless the context requires otherwise: Allocation Variance Charge means the amount in dollars calculated by multiplying the MOS Decrease Quantity (in GJ) by the Daily Variance Rate (and, if the Daily Variance Rate is expressed as an amount per kilometre per GJ or an amount per GJ per kilometre, the number of kilometres for the purposes of the calculation is deemed to be the distance of the Covered Pipeline mainline rounded to the nearest whole kilometre).

  • The methods’ acronyms are the ones introduced in section 3.The results confirm that KED, even without transformations, produces better results compared to the non- corrected radar rainfall estimates.

  • Authorised Overrun Rate: 120% of the Reference Tariff Unauthorised Overrun Rate: 250% of the Reference Tariff Imbalance Rate: 250% of the Reference Tariff Imbalance Allowance: 5% (either positive or negative) of the sum of the MDQ for all Delivery Points Daily Variance Rate: 250% of the Reference Tariff Daily Variance Allowance: 5% (either positive or negative) of the MDQ for the applicable Delivery Point or Receipt Point Notes on Tariffs:1.

  • Revised Rate = The Capacity Reservation Rate, Throughput Rate, Surcharge Rate, Authorised Overrun Rate, Unauthorised Overrun Rate, Daily Variance Rate and Imbalance Rate to be applied from the date of the adjustment.

  • Authorised Overrun Rate: 120% of the Long Term Firm Reference Tariff Unauthorised Overrun Rate: 250% of the Long Term Firm Reference Tariff Imbalance Rate: 250% of the Long Term Firm Reference Tariff Imbalance Allowance: 5% (either positive or negative) of the sum of the MDQ for all Delivery Points Daily Variance Rate: 250% of the Long Term Firm Reference Tariff Daily Variance Allowance: 5% (either positive or negative) of the MDQ for the applicable Delivery Point or Receipt Point Notes on Tariffs:1.

  • X Authorised Overrun Rate: 120% of Capacity Tariff +Throughput Tariff Unauthorised Overrun Rate: 250% of Capacity Tariff +Throughput Tariff Imbalance Rate: 250% of Capacity Tariff +Throughput Tariff Imbalance Allowance: 5% (either positive or negative) of the sum of the MDQ for all Delivery Points Daily Variance Rate: 250% of Capacity Tariff +Throughput Tariff Daily Variance Allowance: 5% (either positive or negative) of the MDQ for the applicable Delivery Point or Receipt PointNotes on Tariffs: 1.


More Definitions of Daily Variance Rate

Daily Variance Rate means 120% times the relevant Tariff; Day means the 24 hour period starting at 06:00 hours on a day and ending at 05:59 hours on the following day;
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Daily Variance Rate means 120% of the Capacity Reference Tariff payable by the User on the Day on which the Daily Variance occurred. Charges in respect of receipt points or delivery pointsEAPL is entitled to recover from a User or group of Users:
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Daily Variance Rate means in any Quarter, that rate obtained by adjusting $0.252/GJ at 1 July 1994 pursuant to section 1.8.
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Daily Variance Rate means 120% of the Pipeline Tariff or the Interruptible Tariff as the case may be on the Day on which the Daily Variance occurred.
Sample 1

Related to Daily Variance Rate

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • Reset Reference Rate means in respect of a Reset Period, the gross redemption yield (as calculated by the Agent Bank on the basis set out by the United Kingdom Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 5, Section One: Price/Yield Formulae “Conventional Gilts”; Double dated and Undated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date (published 8 June 1998, as amended or updated from time to time) or if such basis is no longer in customary market usage at such time, in accordance with generally accepted market practice at such time, on a semi-annual compounding basis (rounded up (if necessary) to four decimal places) of the Benchmark Gilt in respect of that Reset Period, with the price of the Benchmark Gilt for the purpose of determining the gross redemption yield being the arithmetic average (rounded up (if necessary) to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the bid and offered prices of such Benchmark Gilt quoted by the Reset Reference Banks at 11.00 a.m. (London time) on the Reset Determination Date in respect of such Reset Period on a dealing basis for settlement on the next following dealing day in London. Such quotations shall be obtained by or on behalf of the Issuer and provided to the Agent Bank. If at least four quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two or three quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Rate will be determined by reference to the rounded quotation provided. If no quotations are provided, the Reset Reference Rate will be the previous Reset Reference Rate or (in the case of the first Reset Period) 1.581 per cent., where:

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Reference Rate means the rate specified as such hereon.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • 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.

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • Program Fee Rate has the meaning set forth in the Fee Letter.

  • Advance Rates shall have the meaning set forth in Section 2.1(a) hereof.

  • Maximum Advance Rate means 80.0%.

  • Replacement Reference Rate means a reference rate which is:

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • Applicable Reference Rate means with respect to any Loan made in any currency, the rate indicated on Annex II under the heading “Applicable Reference Rate” for such currency.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • L/C Fee Rate with respect to each Letter of Credit at any date, the applicable percentage per annum set forth below based upon the Status on such date: Level I Level II Level III Level IV Level V Level VI Status Status Status Status Status Status ------ ------ ------ ------ ------ ------ 0.45% 0.50% 0.60% 0.70% 0.90% 1.20%

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Remittance Rate With respect to each Mortgage Loan, the related Note Rate minus the Servicing Fee Rate.

  • Applicable Commitment Fee Rate means:

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.4(a).