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

  • Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.

  • 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 1/2 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.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

  • Applicable Commitment Fee Rate means:

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • Reference Rate means the rate specified as such hereon.

  • 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: