Fixed Rate Product definition

Fixed Rate Product means a product in which the price for power and energy does not change for a period of at least 3 months, other than for legal, regulatory, utility or non-market based changes, after power and energy flow under the product.
Fixed Rate Product. Customers on a Fixed Rate Product may terminate the Terms of Service Agreement at any time with written notice to Stream via U.S. mail at the address indicated in Section 1. Except as otherwise set forth below, in the event Customer terminates the Agreement at any time 31 or more days prior to the end of the term of the Agreement, Early Termination Fees (ETFs) shall apply, as follows: (a) For any plan six (6) months or shorter (i.e., 6 billing periods or less), the ETF shall be one-hundred fifty dollars ($150.00). (b) For any plan with a term longer than six (6) months (i.e., 7 billing periods or more) the ETF shall be two-hundred fifty dollars ($250.00). For any plan with a term of 30 (thirty) months or more the ETF shall be three hundred dollars ($300.00). In the event that Customer is terminating this Agreement because Customer is moving to a new premise, then Early Termination Fees shall NOT apply upon proper verification of such move provided to Stream and a valid forwarding address. Stream reserves the right to make a determination of “proper verification” under this provision in its sole discretion, and agrees to act in good faith in making said determination. Stream may terminate this Agreement at any time for non-payment, fraud or misrepresentation by Customer.

Examples of Fixed Rate Product in a sentence

  • For Customers on a Fixed Rate Plan only: Changes in the length or duration of Customer’s Fixed Rate Product may only be made by entering into a new contract with Stream.

  • The guidelines suggest that buildings be inspected per the following frequency schedule.

  • Fixed Rate Product: Customers on a Fixed Rate Product may terminate the Terms of Service Agreement at any time with written notice to Stream via U.S. mail at the address indicated in Section 1.

  • Customer’s obligations under the Agreement will end when the outstanding balance on Customer’s account is paid in full.Fixed Rate Product: Customers on a Fixed Rate Product may terminate the Terms of Service Agreement at any time with written notice to Stream via U.S. mail at the address indicated in Section 1.

  • If enrolled with a Fixed- Rate Product, Customer agrees to remain a Customer of Tomorrow Energy until the term expires or Customer may be subject to an early termination fee.

  • If you are on a term product other than a Fixed Rate Product, we will send you a contract expiration notice between 30 to 60 days in advance of contract expiration.

  • The claimant had initially raised claims for unlawful discrimination, unfair dismissal and wrongful dismissal.

  • If you are on a Fixed Rate Product that has a contract term of greater than four months, we will send your final written notice at least 30 days in advance of contract expiration.

  • From a back-of-the-house perspective, I learned about the details behind the tours, and the inquiries made by the guests opened my curiosity into details or aspects that otherwise I may have not noticed.

  • For Customers on a Fixed Rate Term Plan only: Prior to expiration of this Agreement, changes in the length or duration of Customer’s Fixed Rate Product may be made only by the Customer’s entering into a new Agreement with Stream.

Related to Fixed Rate Product

  • Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Fixed Rate means, with respect to any Competitive Loan (other than a Eurodollar Competitive Loan), the fixed rate of interest per annum specified by the Lender making such Competitive Loan in its related Competitive Bid.