Tier 2 Rate definition

Tier 2 Rate. (08/15/08 Version) means the Tier 2 Rate as defined in the TRM.
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Tier 2 Rate means any Priority Firm Power (PF) rate that reflects Tier 2 Costs and applies to power purchased under a CHWM Contract to meet a customer’s Above-CHWM Load.
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Tier 2 Rate means the per MWh charge used by all LSEs and NYSERDA as calculated by the formula adopted in the Tier 2 Order and as posted on NYSERDA’s website, and including any administrative adder, if approved by the Commission.3
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Examples of Tier 2 Rate in a sentence

  • Any elections of Tier 2 Rate alternatives, Dedicated Resource additions, or other notices given to BPA under this Agreement shall continue to be applicable under the new purchase obligation, provided that BPA may update such terms and conditions consistent with the then-current terms of the new purchase obligation, and additional costs may apply for service under the new purchase obligation as described in section 11.1.3.

  • In addition, any Dedicated Resource amounts or amounts purchased at a Tier 2 Rate that would otherwise be made eligible for removal or remarketing due to the addition of resources under section 3.5.3 do not have temporary resource removal or remarketing rights under this section.

  • BPA shall update Exhibit C to state «Customer Name»’s Tier 2 Rate purchase elections.

  • The Tier 1 Rate and Tier 2 Rate may be referred to collectively or individually as the “Throughput Charge”.

  • BPA will also limit the availability of this service to an amount of resource that is at least 1 aMW greater than or equal to the amount of forecast Above-RHWM Load the customer is expected to have for the first year the customer is applying the resource to serve Above-RHWM Load that the customer is not already planning to serve by BPA at a Tier 2 Rate and by another Dedicated resource.

  • TIER 3 QUANTITY CHARGE The monthly charge (in addition to the Base Rate and the Tier 2 Rate) per HCF water usage greater than the Tier 1 allocation.

  • To the extent remarketing of Tier 2 Rate purchase amounts results in a fractional Tier 2 Rate purchase amount, BPA shall round such amount to a whole Average Megawatt.

  • The Tier 1 Rate and the Tier 2 Rate may be referred to collectively or individually as the “Transportation Rate”.

  • The following incremental volumetric daily reservation rates will apply to firm service provided to the secondary delivery points set forth below under the corresponding Point Tier: Tier 1 Rate: $.03/Dth; Tier 2 Rate: $.05/Dth.

  • The pro rata share of Tier 2 RECs BPA transfers to «Customer Name» shall be the ratio of «Customer Name»’s amount of power purchased at the applicable Tier 2 Rate to the total amount of purchases under that Tier 2 Rate.


More Definitions of Tier 2 Rate

Tier 2 Rate means the Tier 2 Rate as defined in the TRM.
Sample 1
Tier 2 Rate means the per MWh charge used by all LSEs and NYSERDA as calculated by the formula adopted in the Tier 2 Order and as posted on NYSERDA’s website, and including any administrative adder, if approved by the Commission.27
Sample 1
Tier 2 Rate means the rate incorporated into these terms, as amended from time to time, and published by ME as the tier 2 rate for the ME InterestME Savings Account.
Sample 1

Related to Tier 2 Rate

  • Reference Rate means the rate specified as such hereon.

  • 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.

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

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.