Qualified Rate Order definition

Qualified Rate Order means the order of the PUC issued on November 19, 1998, as supplemented by a supplemental qualified rate order of the PUC issued on August 12, 1999, adopted in accordance with the Statute, which, among other things, creates the Intangible Transition Property and authorizes the imposition and collection of the Intangible Transition Charges by West Penn or its assignee.
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Qualified Rate Order means the Final Order issued by the PUC on August 27, 1998 pursuant to the Competition Act, as such order has been supplemented by the Supplemental Order issued by the PUC on May 21, 1999, and as such order may hereafter be further supplemented by an order of the PUC issued pursuant to paragraph 19 of the August 27, 1998 order.
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Qualified Rate Order has the meaning specified in the Servicing Agreement.
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Examples of Qualified Rate Order in a sentence

  • The Servicer shall institute any action or proceeding necessary to compel performance by the PUC or the Commonwealth of Pennsylvania of any of their obligations or duties under the Statute or the Qualified Rate Order with respect to the Intangible Transition Property.

  • To assure uniform quality in servicing the Serviced Intangible Transition Property and to reduce administrative costs, the Servicer shall keep on file, in accordance with its customary procedures, all documents relating to the Intangible Transition Property, including copies of the Qualified Rate Order and all documents filed with the PUC in connection with any Intangible Transition Charges Adjustment (collectively, the "Intangible Transition Property Documentation").

  • The Administration Fee shall be modified, and this Section 2 shall be deemed to have been amended, without further act or deed by any Person to reflect any such modification or amendment, to the extent provided in any Qualified Rate Order issued by the PSC providing for the issuance of an additional series of Rate Stabilization Bonds.

  • The Servicer shall institute any action or proceeding necessary to compel performance by the PUC or the Commonwealth of Pennsylvania of any of their obligations or duties under the Competition Act or the Qualified Rate Order with respect to the Intangible Transition Property.

  • This Commission further declares that the right, title and interest of West Penn and any Assignee in this Qualified Rate Order and the Intangible Transition Charges, the rates and other charges authorized hereby and all revenues, collections, claims, payments, money or proceeds arising from the same constitutes Intangible Transition Property.

  • Copies of (x) a Qualified Rate Order related to such Series which shall be in full force and effect and be Final, (y) certified resolutions of the Managers or Member of the Issuer authorizing the execution and delivery of each Series Supplement and the execution, authentication and delivery of such Rate Stabilization Bonds and (z) a duly executed Series Supplement for the applicable Series of Rate Stabilization Bonds to be issued.

  • Notwithstanding anything else in this Qualified Rate Order, but subject to the terms of the Joint Petition, the Intangible Transition Charges shall be collected from customers in an amount sufficient to discharge the Transition Bonds in accordance with their terms.

  • The Issuer shall have made or caused to be made all filings with the PSC, the Maryland State Department of Assessments and Taxation, and the Delaware Secretary of State pursuant to the Qualified Rate Order, the Rate Stabilization Law and the UCC and all other filings necessary to perfect the Grant of the Series Rate Stabilization Bond Collateral to the Indenture Trustee and the Lien of this Indenture.

  • There is no order by any court providing for the revocation, alteration, limitation or other impairment of the Rate Stabilization Law, the Qualified Rate Order, the Issuance Advice Letter, the Transferred Rate Stabilization Property or the Qualified Rate Stabilization Charges or any rights arising under any of them or that seeks to enjoin the performance of any obligations under the Qualified Rate Order.

  • Notwithstanding anything else in this Qualified Rate Order, the Intangible Transition Charges shall be collected from customers in an amount sufficient to discharge the Transition Bonds in accordance with their terms.


More Definitions of Qualified Rate Order

Qualified Rate Order means an irrevocable written order
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Qualified Rate Order means an order issued by the commission under section 5 of
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Qualified Rate Order means, as the context may require, (i) the Initial Qualified Rate Order and/or (ii) any Subsequent Qualified Rate Order.
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Qualified Rate Order means an order of the Commission approving one or more qualified rate stabilization charges.
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Qualified Rate Order means an order issued by the commission under section 5 of this 2005 Act that authorizes the imposition and collection of intangible acquisition charges.
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Related to Qualified Rate Order

  • Specified Rate means, on any day, the sum of:

  • Interest Rate or Currency Protection Agreement of any Person means any forward contract, futures contract, swap, option or other financial agreement or arrangement (including, without limitation, caps, floors, collars and similar agreements) relating to, or the value of which is dependent upon, interest rates or currency exchange rates or indices.

  • Base Rate Term Loan means any portion of the Term Loan during any period in which it bears interest based on the Base Rate.

  • Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Base Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(i) [Revolving Credit Base Rate Option].

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

  • LIBOR Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(ii) [Revolving Credit LIBOR Rate Option].

  • Index Rate means, for any day, a floating rate equal to the higher of (i) the rate publicly quoted from time to time by The Wall Street Journal as the "base rate on corporate loans posted by at least 75% of the nation's 30 largest banks" (or, if The Wall Street Journal ceases quoting a base rate of the type described, the highest per annum rate of interest published by the Federal Reserve Board in Federal Reserve statistical release H.15 (519) entitled "Selected Interest Rates" as the Bank prime loan rate or its equivalent), and (ii) the Federal Funds Rate plus 50 basis points per annum. Each change in any interest rate provided for in the Agreement based upon the Index Rate shall take effect at the time of such change in the Index Rate.

  • Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:

  • Non-LIBOR Quoted Currency means any currency other than a LIBOR Quoted Currency.

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • LIBOR Quoted Rate means, for any day, the rate per annum equal to the quotient of (i) the rate per annum (rounded upwards, if necessary, to the next higher one hundred-thousandth of a percentage point) for deposits in U.S. Dollars for a one-month interest period which appears on the LIBOR01 Page as of 11:00 a.m. (London, England time) on such day (or, if such day is not a Business Day, on the immediately preceding Business Day) divided by (ii) one (1) minus the Eurodollar Reserve Percentage.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

  • 5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the annual fixed leg (calculated on a 30/360 day count basis) of a fixed-for-floating euro interest rate swap transaction which:

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • 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%.

  • borrowing rate means the interest rate expressed as a fixed or variable percentage applied on an annual basis to the amount of credit drawn down;

  • Committed dose equivalent (HT,50) means the dose equivalent to organs or tissues of reference (T) that will be received from an intake of radioactive material by an individual during the 50-year period following the intake.

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.