Rate Class definition

Rate Class has the meaning specified in the Master Servicing Agreement.
Rate Class means each of the rate classes into which Customers are divided as of the date hereof, as such rate classes may be reconfigured from time to time.
Rate Class means a group of customers which exhibit similar use characteristics and which are grouped together for cost allocation, rate design, and billing purposes.

Examples of Rate Class in a sentence

  • For any period during which LIBOR for any LIBOR Floating Rate Class is to be determined on the basis of the “LIBO Method” (as defined in the Prospectus), until such Class is paid in full, Xxxxxx Mae shall at all times retain at least four Reference Banks (as defined in the Prospectus).

  • Base Rate (Class A Monthly Interest, Class B Monthly Interest, Collateral Monthly Interest and Investor Servicing Fee divided by Investor Interest.

  • In addition, SPS will cross-promote the benefits of recycling with the Consumer Education program.

  • Rate Class – Consumer groupings consistent with definitions created by the Local Distributor and recognized by the Department.

  • Notwithstanding any provision of this ESA to the contrary, if a new Rate Class is added to the Program, to the extent such Rate Class does not include consumers currently served under the Program, the Aggregator shall be permitted to enter into a separate agreement to provide power supply and other services to such Rate Class either with (i) Competitive Supplier or (ii) an alternate supplier under its own load asset.


More Definitions of Rate Class

Rate Class means a defined segment of the population or a pre-determined window of time, as described below:
Rate Class means the risk class of the proposed insured. After the application is underwritten, a revised illustration will be delivered with the policy if the actual rate class differs from the one illustrated.
Rate Class means each rate classification of DLC's retail customers. ----------
Rate Class or “Rate Classes” means the classes of Eligible Customers as designated by EEC;
Rate Class and “Insured” have the same meaning or meanings ascribed by the Policy or Policies.
Rate Class. A Note Interest Rate Swaps, the aggregate Principal Balance of the related Subclass of Floating Rate Class A Notes and (2) with respect to the Variably Pay Term Notes Interest Rate Swap, the aggregate Principal Balance of the VPTNs to be issued and all other outstanding VPTNs;
Rate Class means a service or group of customers as defined in the utility's tariffs.