Optional Utilisation Fee definition

Optional Utilisation Fee means the fee for providing Optional Services as specified in Schedule Two;

Examples of Optional Utilisation Fee in a sentence

  • The Provider may set and vary the Optional Utilisation Fee by notifying the Company (by email or any other method as approved by the Company) at least one week before the start of the month in which the change will take effect, and as soon as reasonably practicable the Company will acknowledge receipt of the notification.

  • If DP is…PF =≥ 90%1< 90% AND ≥ 80%0.8< 80% AND ≥ 70%0.7< 70% AND ≥ 60%0.6< 60%0The FP can notify UK Power Networks of its Optional Utilisation Fee from time to time.

Related to Optional Utilisation Fee

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Utilisation means a utilisation of the Facility.

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Tranche C Term Loan as defined in Section 2.1.

  • Drawdown means a drawdown of an Advance;

  • Initial Advance means the first Advance made pursuant to Article II.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Tranche B Term Loan as defined in Section 2.1.

  • Initial Term Loan Maturity Date means August 15, 2025 or, if such date is not a Business Day, the immediately preceding Business Day.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Incremental Purchase means a purchase of one or more Purchaser Interests which increases the total outstanding Aggregate Capital hereunder.

  • Increment Offer means a type of Virtual Transaction that is an offer to sell energy at a specified location in the Day-ahead Energy Market. A cleared Increment Offer results in scheduled generation at the specified location in the Day-ahead Energy Market.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Notice of Drawdown means a notice substantially in the form set out in Schedule 4 (Notice of Drawdown).

  • Tranche C Loan has the meaning specified in Section 2.01(c).