Rate Base Assets definition

Rate Base Assets means all generation, transmission, distribution and other utility assets that are used or required to be used to provide service to utility customers, which are included in the calculation of the Corporation’s revenue requirement for the applicable year and are subject to a regulated rate of return;
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Rate Base Assets means assets of the Company which are included in FERC’s determination of the Company’s revenue requirement under the OATT.
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Rate Base Assets means all distribution utility assets in which the Corporation has invested to provide service to distribution utility customers, which are included in the determination of the Corporation’s revenue requirement and are subject to a regulated rate of return;
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Examples of Rate Base Assets in a sentence

  • The Purchase Price is calculated as follows: CATEGORY DESCRIPTION AMOUNT Rate Base Assets Capital cost of Acquired Assets owned by KWC (Exhibit B-1) and KWTC (Exhibit B-2), being the original cost of such assets net of accumulated depreciation from the in-service date to the Effective Date, and related contribution in aid of construction, advances in aid of construction, deferred income taxes, and Commission adjustments for excess capacity.

  • The Company shall not make any Material capital expenditures for, or in, assets that are not Rate Base Assets.


More Definitions of Rate Base Assets

Rate Base Assets means assets of the Company which are included in the FERC’s determination of the Company’s revenue requirement under the OATT.
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Rate Base Assets means any Purchased Assets transferred to Buyer on the Closing Date that are included in the definition of Net Transmission Plant Investment.
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Rate Base Assets means assets of the Company which are included in FERC's determination of the Company's revenue requirement under the OATT.
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Rate Base Assets means all distribution utility assets in which the Corporation has invested to provide service to distribution utility customers, which are subject to a regulated rate of return that is considered in customer rates;
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Rate Base Assets assets of the Borrower which are included in FERC's determination of the Borrower's revenue requirement under the OATT.
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Related to Rate Base Assets

  • 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.

  • U.S. Base Rate means, on any day, the annual rate of interest equal to the greater of (a) the annual rate of interest announced by a commercial Canadian bank selected by the Lender and in effect as its base rate at its principal office in Toronto, Ontario on such day for determining interest rates on Dollar demand commercial loans in Canada, and (b) the sum of the Federal Funds (Effective) Rate plus 0.50% per annum.

  • Fee Basis Amount As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.

  • CMT Rate means, in relation to a Reset Period and the Reset Determination Date in relation to such Reset Period, the rate determined by the Calculation Agent, and expressed as a percentage, equal to:

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Commercial Paper Rate means: (1) the

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • 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%.