Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services
Hourly Rates means payment on the basis of hours of Contract Work as set out in the Criminal Remuneration Regulations;
Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:
Interest Rates The interest rates per annum (calculated on a 360-day basis) applicable to the Target Credit Facilities will be, at the option of the Borrower as set forth below at either LIBOR or the Base Rate plus the Applicable Margin set forth in the Fee Letter. The Borrower may select interest periods of one, two, three or six months (and, if agreed to by all relevant Target Credit Agreement Lenders for the Target Revolving Credit Facility, the Target A Term Loan Facility or the Target B Term Loan Facility, as applicable, nine or twelve months or such other period) for LIBOR advances. Interest shall be payable at the end of the selected interest period, but no less frequently than quarterly.