Tier 1 Rate definition

Tier 1 Rate. (08/15/08 Version) means the Tier 1 Rate as defined in the TRM.
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Tier 1 Rate means the Tier 1 Rate as defined in the TRM.
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Tier 1 Rate means the sum of MET’s lowest full service treated volumetric cost, the District’s reliability service charge and District’s applied readiness-to-serve charge per acre foot.
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Examples of Tier 1 Rate in a sentence

  • Tier 1 Rate” (08/15/08 Version) means the Tier 1 Rate as defined in the TRM.

  • Tier 1 Rate” (09/08/08 Version) means the Tier 1 Rate as defined in the TRM.

  • The Tier 2 rate is the secondary and more expensive rate for MWD imported water and is charged on all water purchased by the District in excess of the Tier 1 Allotment.Tier 1 Allotment means the total amount of imported water that can be purchased by the District from MWD at the Tier 1 Rate.

  • The proposed rates include a 3.7% increase in the Metropolitan Water District Tier 1 Rate, a 0% increase in Calleguas’ operating component, and a 16% increase in Calleguas’ capital component.

  • The tiered rate design differentiates between the costs of service associated with the Tier 1 System Capability (Tier 1 Rates) and the costs associated with amounts of BPA power needed to serve any portion of a COU’s Annual Net Requirements not served at a Tier 1 Rate (Tier 2 Rates).

  • The amount of revenue financing included in power rates would be set at a level that would keep the PF Tier 1 Rate flat relative to the BP-20 rates – a zero percent base rate increase.

  • The subsequent water rate will likewise be determined by multiplying the Annual Water Estimate by the Tier 1 Rate.

  • The AUM Fee shall be drawn from each SPV at the Tier 1 Rate on a monthly basis before dividends are payable to Investors.

  • Minors are individuals under the age of 13 (or under a higher age if permitted by the laws of their residence).

  • Drafter’s Note: Include the following definition of Tier 1 Rate for any public customer that executed a Regional Dialogue contract in 2008 that included a CHWM, and renumber the defined terms accordingly.2.«#» “Tier 1 Rate” means the Tier 1 Rate as defined in the TRM.


More Definitions of Tier 1 Rate

Tier 1 Rate means the rate incorporated into these terms, as amended from time to time, and published by ME as the tier 1 rate
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Tier 1 Rate means the rate incorporated
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Related to Tier 1 Rate

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Reference Rate means the rate specified as such hereon.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.

  • 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;

  • Reset Reference Rate means in respect of a Reset Period, the gross redemption yield (as calculated by the Agent Bank on the basis set out by the United Kingdom Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 5, Section One: Price/Yield Formulae “Conventional Gilts”; Double dated and Undated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date (published 8 June 1998, as amended or updated from time to time) or if such basis is no longer in customary market usage at such time, in accordance with generally accepted market practice at such time, on a semi-annual compounding basis (rounded up (if necessary) to four decimal places) of the Benchmark Gilt in respect of that Reset Period, with the price of the Benchmark Gilt for the purpose of determining the gross redemption yield being the arithmetic average (rounded up (if necessary) to the nearest 0.001 per cent. (0.0005 per cent. being rounded upwards)) of the bid and offered prices of such Benchmark Gilt quoted by the Reset Reference Banks at 11.00 a.m. (London time) on the Reset Determination Date in respect of such Reset Period on a dealing basis for settlement on the next following dealing day in London. Such quotations shall be obtained by or on behalf of the Issuer and provided to the Agent Bank. If at least four quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two or three quotations are provided, the Reset Reference Rate will be determined by reference to the rounded arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Rate will be determined by reference to the rounded quotation provided. If no quotations are provided, the Reset Reference Rate will be the previous Reset Reference Rate or (in the case of the first Reset Period) 1.581 per cent., where: