Rate Correction definition

Rate Correction means the increase or decrease in the rate following a Departmental review or audit;

Examples of Rate Correction in a sentence

  • The fuel cost will be based on the Contracted Heat Rate, as specified by the Successful Bidder in its Bid and Contracted Heat Rate Correction Factors.

  • Rate Correction determines the rate deviation in the scope of a measurement.

  • PRC accuracy is for the most part a function of the latency of the Range Rate Correction (RRC) since it is the only PRC component in which the error is a function of time.

  • Type 1 contains information for differential corrections such as Pseudo-Range Correction (PRC) and Range- Rate Correction (RRC), Issue Of Data (IOD), and User Differential Range Error (UDRE).

  • Percolation Rate Correction Factor for Gravel Packed Holes Corrected percolation rate in minutes per inch (MPI) = Observed percolation rate (MPI) X correction factor.

  • The StbM shall not start a Rate Correction measurement when the state of any of the flags equals „Set“.⌋(RS_TS_00018) [SWS_StbM_00372]⌈The StbM shall perform Rate Correction measurements to determine the rate deviation of each configured Time Base.⌋(RS_TS_00018) [SWS_StbM_00371]⌈The StbM shall perform Rate Correction measurements continuously.

  • A Professional Accounting Corporation Covington, LADecember 14, 2023BRICOLAGE ACADEMY NEW ORLEANS, LOUISIANASchedules Required by Louisiana State Law (R.S. 24:514 - Performance and Statistical Data) As of and for the Year Ended June 30, 2023 Schedule 1 - General Fund Instructional and Support Expenditures and Certain Local Revenue Sources This schedule includes general fund instructional and equipment expenditures.

  • The StbM shall discard the measurement, if the flag equals „Set“.⌋(RS_TS_00018) [SWS_StbM_00373]⌈For Rate Correction, the StbM shall evaluate the TIMELEAP_FUTURE/ TIMELEAP_PAST flags at the start of a measurement.

  • No more than two eligible partners from the same country participating in the call will be accepted in one consortium.

  • MERS Rate Correction: A motion to make the MERS employee rate correction for Division 12 to 2.29% was made by Comm.

Related to Rate Correction

  • State correctional facility means a facility or institution maintained and operated by the department.

  • Disinfection profile means a summary of Giardia lamblia inactivation through the treatment plant.

  • RATE CONTRACT means the agreement for supply of goods/ materials between Owner and Vendor, for a fixed period of time (i.e till validity of Rate Contract, with no commitment of contractual quantity) on mutually agreed terms and conditions. The actual supply of goods/ materials shall take place only on issue of separate purchase orders for required quantity as and when required by Owner.

  • Rate Ceiling The maximum per annum Mortgage Interest Rate permitted under the related Mortgage Note.

  • Error Correction means the use of reasonable commercial efforts to correct Errors.

  • Post-consumer recovered material means any product used by a consumer, including a business that purchases the material, that has served its intended end use, and that has been separated or diverted from the solid waste stream for the purpose of use, reuse, or recycling.

  • Rate Contracts means swap agreements (as such term is defined in Section 101 of the Bankruptcy Code) and any other agreements or arrangements designed to provide protection against fluctuations in interest or currency exchange rates.

  • Prescribed Rate means the rate of 4% above The Royal Bank of Scotland plc base rate from time to time in force.

  • Correction as used in this clause, means the elimination of a defect.

  • Interest Rate Contract means any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, interest rate option or any other agreement regarding the hedging of interest rate risk exposure executed in connection with hedging the interest rate exposure of any Person and any confirming letter executed pursuant to such agreement, all as amended, restated, supplemented or otherwise modified from time to time.

  • Rate Protection means the payment of premiums for a defined period of time not exceeding 12 months, in advance of a rate increase that will not require any further payments to cover any difference between the advance payment and the new premium rate.

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Required Rate means (a) 8.30%, with respect to the Cutoff Date and any Distribution Date on or prior to the date on which the Class A-2-B Notes are paid in full, or, (b) 7.80%, with respect to any Distribution Date after the Class A-2-B Notes are paid in full, or, in each case, such other percentage approved by the Rating Agencies.

  • Correctional facility means a facility operated under the management and control of the Virginia Department of Corrections.

  • Credit Voucher means a document executed by a Merchant evidencing any refund or price adjustment relating to Cards to be credited to a Cardholder account.

  • Urgent care request means a claim relating to an admission, availability of care, continued stay or health care service for which the covered person received emergency services but has not been discharged from a facility, or any Pre-Service Claim or concurrent care claim for medical care or treatment for which application of the time periods for making a regular external review determination:

  • Nonconformance as used in this clause means a condition of any hardware, software, material, or service/workmanship in which one or more characteristics do not conform to requirements.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Interest Rate Contracts means all interest rate swap agreements, interest rate cap agreements, interest rate collar agreements and interest rate insurance.

  • Loan Rate for any Mortgage Loan and on any day means the per annum rate of interest applicable under the related Credit Line Agreement to the calculation of interest for the day on the Asset Balance of the Mortgage Loan.

  • Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;

  • Monitoring Officer means the officer designated under Section 5(1) of the 1989 Act.

  • credit meter means a meter where an account is issued subsequent to the consumption of electricity;

  • Error Rate is the total number of Failed Requests divided by Total Requests, across all Resources in a given Azure subscription, during a given one-hour interval. If the Total Requests in a given one-hour interval is zero, the Error Rate for that interval is 0%.