Toll rate definition

Toll rate means the charge prescribed for toll messages, usually based upon the duration of the message, the distance between the exchanges, the day and time of the message and the degree of operator assistance.

Toll rate means an amount charged for the use of a tollway.

Toll rate is defined in Section 5.3(a) of Appendix 2 (Toll Rate Setting).

Examples of Toll rate in a sentence

• All such rates and classifications shall be set forth in a Toll Rate Schedule issued by the Tolling Body and provided by the Joint Board and any changes to the Toll Rate Schedule shall be evidenced by notice in writing issued by the Joint Board to TSP.

• Such funding proposal will identify the terms and conditions required to secure funding for such Concessionaire Damages, including any proposed adjustments to the Toll Rate Schedule, proposed extensions of the Term and/or proposed payments by the Department.

• The Theoretical Toll Rate for Light Commercial Vehicles for a Toll Zone for a Quarter is 1.60 times the Theoretical Toll Rate for Cars for that Toll Zone and that Quarter, as determined in accordance with section 3.1.

• The Theoretical Toll Rate for High Productivity Freight Vehicles for a Toll Zone for a Quarter is 4.50 times the Theoretical Toll Rate for Cars for that Toll Zone and that Quarter, as determined in accordance with section 3.1.

• The Toll Rate Schedule is available on NTTA’s website or at any NTTA Customer Service Center (“CSC”).

• Notwithstanding anything to the contrary set forth herein, during the Toll Freeze Period, the toll levels applicable to Class 2 Users (including Commuter Discount Users) may not be increased above the Original Toll Rate.

• There shall be no restrictions on the Base Toll Rate except as set forth in Appendix 2 (Toll Rate Setting).

• Vehicle Classification The ETCS shall classify every vehicle that passes through a Tolling Point in accordance with Appendix 2 (Toll Rate Setting).

• The Phase Developer shall produce a study of traffic and revenue for each Section that incorporates appropriate program-level assumptions, including the use of Toll Rates within the approved MDTA Toll Rate ranges for the P3 Program.

• The "Effective Rate" with respect to any vehicle at any Tolling Point is (i) the Toll Rate applicable to such vehicle at the relevant Tolling Point multiplied by (ii) the number of miles associated with the Tolling Point where the vehicle is detected (and rounded to the nearest $0.01).

More Definitions of Toll rate

Toll rate means an amount charged for the use of a tollway. (15) “Tollway” has the meaning given in ORS 383.003.

Toll rate means either a specific amount charged for the use of a tollway by a specific category of vehicle, or the specific formula for calculating an amount charged for the use of a tollway by a specific category of vehicle.way Concept Proposal" or "TCP" means an unsolicited preliminary proposal for a tollway project that is used to investigate the project's feasibility and potential impacts and benefits. ¶

Toll rate with respect to a Toll Segment means the toll applied to that Toll Segment for the applicable User Classification. The Toll Rate shall be rounded to the nearest cent ($0.01).