O&M Fee Base Rate definition

O&M Fee Base Rate means $[***] and on each annual anniversary of the initial Determination Date will be increased by [***]%.
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O&M Fee Base Rate means (i) in the case of a PV System, $[***] and on each annual anniversary of the initial Determination Date will be increased by [***]% per annum and (ii) in the case of a Storage System, $[***] and on each annual anniversary of the initial Determination Date will be increased by [***]%.
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O&M Fee Base Rate means, with respect to each Solar Asset, (i) until the second anniversary that the related PV System has achieved PTO, forty cents ($0.40), (ii) from the second anniversary that the related PV System has achieved PTO until the fifth anniversary that the related PV System has achieved PTO, two dollars ($2.00) and (iii) beginning on the fifth anniversary that the related PV System has achieved PTO, four dollars ($4.00), escalating by two percent (2%) on each anniversary thereafter that the related PV System has achieved PTO.
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More Definitions of O&M Fee Base Rate

O&M Fee Base Rate means $16.75 and on each annual anniversary of the initial Determination Date will be increased by 2.0%.
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Related to O&M Fee Base Rate

  • Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus ½ of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

  • Applicable Commitment Fee Rate means:

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

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Canadian Base Rate means the rate determined by the Agent as the higher of (i) the annual rate of interest announced by the Agent (or any of its branches) as being its “prime rate” for determining interest rates on Canadian Dollar-denominated commercial loans made by it in Canada and (ii) the BA Rate (after giving effect to any minimum rate set forth in the definition thereof) for a one month BA Interest Period commencing on such day (or, if such day is not a Business Day, the immediately preceding Business Day) plus 1.00%.