Prepayment Tariff definition

Prepayment Tariff means a Tariff in respect of any Domestic Supply Contract or Deemed Contract with a Relevant Customer which includes a requirement to pay Charges through one or more Prepayment Meters;
Sample 1Sample 2Sample 3
Prepayment Tariff means a Tariff in respect of any Domestic Supply Contract or Deemed Contract with a Relevant Customer which includes a requirement to pay Charges through a Prepayment Meter;
Sample 1Sample 2
Prepayment Tariff means supply rates specific to the Prepayment Service.
Sample 1

Examples of Prepayment Tariff in a sentence

  • As explained above, compliance with the Prepayment Charge Restriction will normally be established by assessing each Prepayment Tariff on an ex ante basis.

  • With respect to Multi-Register Prepayment Tariffs, for the purpose of the assessment of compliance (whether ex ante or ex post), it should be assumed that all Relevant Customers consume energy in line with the Assumed Consumption Split applicable to Multi-Register Prepayment Tariff.

  • An example of such a Prepayment Tariff is a zero standing charge tariff.

  • Compliance of any individual Prepayment Tariff with the Prepayment Charge Restriction will normally be assessed on an ex ante basis by suppliers.

  • For the avoidance of doubt, the compliance of a Prepayment Tariff is to be assessed on the basis of the Metering Arrangement on which it relies for charging Relevant Customers.

  • For the purpose of this requirement, a Prepayment Tariff is considered to be compliant with the Prepayment Charge Restriction if the aggregate Charges for Supply Activities under the Prepayment Tariff would be lower than the aggregate Charges defined by the Relevant Maximum Charge at all levels of consumption, as illustrated in Figure 2 below.

  • Prepayment Tariff, where the charges are only applicable to those customers who pay in advance for their energy by topping up a Prepayment card/key and applying it to a Prepayment Meter.We may from time to time offer other types of tariffs such as Cap or Tracker tariffs, or tariffs that may be associated with reward schemes, bundles or added services including Home Care.

  • For instance, if a supplier offers a Prepayment Tariff (e.g. Economy 10) with a greater proportion of the day than Economy 7 being at the lower off-peak rate, this supplier may need to use a different Assumed Consumption Split if a greater proportion of overall consumption is charged at the cheaper off-peak rate over the Charge Restriction Period.

  • For instance, the zero standing charge tariff illustrated in the chart below is lower than the Relevant Maximum Charge for all consumption levels up to~1,300 kWh, however the Prepayment Tariff is not compliant with the Relevant Maximum Charge above this level.

  • The incoming light through the slit gets focused onto the mirror.

Related to Prepayment Tariff

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • prepayment meter means a meter that can be programmed to allow the flow of pre-purchased amounts of energy in an electrical circuit;

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Specified Discount Prepayment Response means the irrevocable written response by each Term Lender, substantially in the form of Exhibit K, to a Specified Discount Prepayment Notice.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Prepayment Assumption As defined in the Prospectus Supplement.

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

  • Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Discount Prepayment Accepting Lender has the meaning set forth in Section 2.05(a)(v)(B)(2).

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Prepayment Rate means the bond equivalent yield (in the secondary market) on the United States Treasury Security that as of the Prepayment Rate Determination Date has a remaining term to maturity closest to, but not exceeding, the remaining term to the Maturity Date, as most recently published in the "Treasury Bonds, Notes and Bills" section in The Wall Street Journal as of the date of the related tender of the payment. If more than one issue of United States Treasury Securities has the remaining term to the Maturity Date referred to above, the "Prepayment Rate" shall be the yield on the United States Treasury Security most recently issued as of such date. If the publication of the Prepayment Rate in The Wall Street Journal is discontinued, Lender shall determine the Prepayment Rate on the basis of "Statistical Release H.15(519), Selected Interest Rates," or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as Lender may reasonably select. "PREPAYMENT RATE DETERMINATION DATE" shall mean the date which is five (5) Business Days prior to the prepayment date.