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

  • If as a result of the incorrect setting of the OBU by the Vehicle Operator, the Electronic Toll Collection System applies a higher Toll rate than the Toll rate which corresponds to the actual category of the Vehicle, the Vehicle Operator is obliged to pay the Toll calculated at the higher Rate.

  • Salamendra said she will take the results of this discussion to the Geneva Affordable Housing Task Force.

  • Toll rate schedules for the Department toll facilities, including Florida Turnpike System toll facilities, are subject to toll rate adjustments based on the annual Consumer Price Index (CPI).

  • The Terminating Usage IntraLATA Toll rate will be applied on a per minute- of-used basis for the completion of intraLATA toll calls from an authorized local exchange provider end-user to a Company end-user.

  • However, it is not possible to estimate all the consequences in term of revenues and costs for ASF Group at this stage.Changes in the inflation rate Toll rate adjustments are based on annual changes in the French consumer price index (excluding tobacco).

  • The NCTA operates, maintains, and finances the Triangle Expressway.Authority to authorize bonds:The Department of Transportation has the authority to issue bonds to finance projects.87 Toll rate changes and rationale:Tolling records indicate tolls increased by 34% in 2013, followed by 5% annual increases from 2014-2016, and a 3% increase in 2017.

  • Approving the May 2021 Minutes8:30 Toll rate adjustment: I-25 North (US 36 to 120th Ave.

  • Toll rate limits can be based on changes in inflation-related indexes, changes in gross domestic product per capita, a fixed percentage rate or any other factor that the public authority deems relevant or useful.

  • Under a PVR, the MOP sets the following parameters:⏵ Construction program requirements;⏵ Operations and maintenance (O&M) requirements; Appendix I – Review of Existing Revenue Risk Sharing Mechanism ⏵ Toll rate and schedule; and⏵ Discount rate.

  • O&M and increase in Toll rate will be done in accordance with Toll notification issued by Maharashtra Government.Operation & Maintenance, Tolling and ITSMMRDA will appoint Operation, Maintenance and Tolling Contractor for the road maintenance and Toll collection and allocated adequate budget for engaging the Contractor.


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).

Related to Toll rate

  • Reference Rate means the rate specified as such hereon.

  • Index Rate means, for any day, a floating rate equal to the higher of (i) the rate publicly quoted from time to time by The Wall Street Journal as the "base rate on corporate loans posted by at least 75% of the nation's 30 largest banks" (or, if The Wall Street Journal ceases quoting a base rate of the type described, the highest per annum rate of interest published by the Federal Reserve Board in Federal Reserve statistical release H.15 (519) entitled "Selected Interest Rates" as the Bank prime loan rate or its equivalent), and (ii) the Federal Funds Rate plus 50 basis points per annum. Each change in any interest rate provided for in the Agreement based upon the Index Rate shall take effect at the time of such change in the Index Rate.