Tariff rate Sample Clauses

Tariff rate. 8.1.1 MSEDCL shall pay a fixed rate of INR (in words Rupees ) per kWh (“Tariff”) as discovered under the competitive bidding and as agreed by the Parties upon Commissioning of a Unit / Project (as certified by SLDC/MSEDCL) for Delivered Energy / scheduled energy (as per the prevailing MERC Regulations), during the Term. All power produced by a Unit shall be purchased by MSEDCL at the Tariff from the date of Commercial Operation Date of such Unit at 100% (one hundred percent) of the Tariff, irrespective of whether the Commercial Operation Date of such Unit was prior to Scheduled Commercial Operation Date or within the permissible delay period of 2 (two) months (with payment of Liquidated Damages in terms of this PPA) from the Scheduled Commercial Operation Date.
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Tariff rate. For transportation services on the Pipeline System, Shipper agrees to pay Carrier the Tariff Rate (as defined below) subject to escalation pursuant to Section 8. For purposes of this Schedule and the Agreement the term “Tariff Rate” means the rate applicable from time to time for the shipment of a Product through the Pipeline System under the terms of the Tariff (as defined below), which as of the Effective Date shall be $0.1557 per Barrel of Product delivered from the Origin Point to the Delivery Point on the Pipeline, adjusted from time to time as provided in Section 8. For purpose of this Schedule and the Agreement, the term “Tariff” shall mean Carrier’s Local Pipeline Tariff FERC No. 10.3.0 to be filed with FERC to be effective on the Effective Date, in the form set forth in Exhibit B attached hereto, including all supplements and re-issues thereof, containing the rates, and incorporating the rules and regulations governing the transportation and handling of Product(s) on the Pipeline System.
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Tariff rate. For transportation services on the Pipeline System, Shipper agrees to pay Carrier the Tariff Rate (as defined below) subject to escalation pursuant to Section 8. For purposes of this Schedule and the Agreement the term “Tariff Rate” means the rate applicable from time to time for the shipment of a Product through the Pipeline System under the terms of the Tariff (as defined below), which as of the Effective Date shall be (i) $0.176 per Barrel of Product transported from the Origin Point to the Delivery Point on the Pipeline for the first 160,000 average Barrels per Day of Product so delivered during such Month, (ii) $0.071 per Barrel of Product transported from the Origin Point to the Delivery Point on the Pipeline for volumes in excess of 160,000 average Barrels per Day of Product so delivered during such Month up to 200,000 average BPD of Product so del
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Tariff rate. For transportation services on the Pipeline System, Shipper agrees to pay Carrier the Tariff Rate (as defined below) subject to escalation pursuant to Section 8. For purposes of this Schedule and the Agreement the term “Tariff Rate” means the rate applicable from time to time for the shipment of a Product through the Pipeline System under the terms of the Tariff (as defined below), which as of the Effective Date shall be (i) $0.1855 per Barrel of Product transported from any of the Origin Points to any of the Delivery Points on the Pipeline System up to 127,000 average Barrels per Day of Product so delivered during such Month and (ii) $0.14 per Barrel of Product transported from any of the Origin Points to any of the Delivery Points on the Pipeline System for volumes in excess of 127,000 average Barrels per Day of Product so delivered during such Month, adjusted from time to time as provided in Section 8. For purpose of this Schedule and the Agreement, the term “Tariff” shall mean, collectively, Carrier’s Local Pipeline Tariffs FERC Nos. 5.1.0 and 6.1.0 to be filed with FERC to be effective on the Effective Date, in the form set forth in Exhibit B and Exhibit C attached hereto, including all supplements and re-issues thereof, containing the rates, rules and regulations governing the transportation and handling of the Product(s) on the Pipeline System.
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Tariff rate. For transportation services on the Pipeline System, Shipper agrees to pay Carrier the Tariff Rate (as defined below) subject to escalation pursuant to Section 8. For purposes of this Schedule and the Agreement the term “Tariff Rate” means the rate applicable from time to time for the shipment of a Product through the Pipeline System under the terms of the Tariff, which as of the Effective Date shall be (i) $0.1471 per Barrel of Product transported from any Origin Point to any Delivery Point on the Pipeline System up to 43,300 average Barrels per Day of Product so delivered during such Month and (ii) $0.120 per Barrel of Product transported from any Origin Point to any Delivery Point on the Pipeline System for volumes in excess of 43,300 average Barrels per Day of Product so delivered during such Month, adjusted from time to time as provided in Section 8.
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Tariff rate. Shipper shall pay tariff rates for all volumes of crude petroleum transported by Shipper on the Spearhead Pipeline in accordance with the Rate Tariff and the Rules Tariff, which shall, to the extent permitted by Applicable Law, conform to the following terms:
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Tariff rate. For transportation services on the Pipeline System only, without any transportation services on the MPL System, Shipper agrees to pay Carrier the Local Tariff Rate (as defined below) subject to escalation pursuant to Section 10. For purposes of this Schedule and the Agreement the term “Local Tariff Rate” means the rate applicable from time to time for the shipment of a Product through the Pipeline System under the terms of the Local Tariff, which as of the Effective Date shall be $0.256 per Barrel of Product delivered from the Origin Point to the Delivery Point on the Pipeline, adjusted from time to time as provided in Section 10. As long as the Joint Tariff and the JTA are in effect, for transportation services on the Pipeline System and on the MPL System to the Destinations, Shipper agrees to pay MPL the Joint Tariff Rate (as defined below) subject to escalation pursuant to Section 10, provided however any payment made to MPL under the Joint Tariff shall satisfy and discharge any obligation to make a similar payment under the Local Tariff. For purposes of this Schedule and the Agreement the term “Joint Tariff Rate” means the rate applicable from time to time for the shipment of a Product through the Pipeline System and the MPL System under the terms of the Joint Tariff.
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Tariff rate. The Tariff Rate will change periodically throughout the Term of this Agreement. By PUC rule, the PUC will set the Tariff Rate for each calendar year. Once a Tariff Rate is set for a CSG, that Tariff Rate will change from time to time as the PUC alters the Tariff Rate. Any changes to the Tariff Rate do not impact the Discount Rate.
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Tariff rate. For transportation services on the Pipeline System, Shipper agrees to pay Carrier the Tariff Rate (as defined below) subject to escalation pursuant to Section 8; provided that for any Product delivered through the Pipeline System to the NuStar Xxxxxxx Station and then through NuStar’s Xxxxxxx Pipeline that runs from the NuStar Xxxxxxx Station to the Refinery (the “NuStar Xxxxxxx Pipeline”) the Tariff Rate shall be reduced by an amount equal to the tariff rate applicable from time to time for the shipment of Product through the NuStar Xxxxxxx Pipeline (“Xxxxxxx Tariff Rate”) under the terms of the NuStar Xxxxxxx Tariff (as defined below). For purposes of this Schedule and the Agreement the term “Tariff Rate” means collectively, (i) the rate applicable from time to time for the shipment of Product on the segments of the Pipeline System described in Section 2(a) through 2(g) hereof (the “Xxxxxxxx to Gruver Pipeline”) under the terms of the Tariff (as defined below) which, as of the Effective Date, shall be $0.755 per Barrel of Product transported from any of the Origin Points on the Xxxxxxxx to Gruver Pipeline to the
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Related to Tariff rate

  • Rate Schedule This Service Agreement in all respects shall be and remain subject to the applicable provisions of Rate Schedule CDS and of the General Terms and Conditions of Pipeline's FERC Gas Tariff on file with the Federal Energy Regulatory Commission, all of which are by this reference made a part hereof. Customer shall pay Pipeline, for all services rendered hereunder and for the availability of such service in the period stated, the applicable prices established under Pipeline's Rate Schedule CDS as filed with the Federal Energy Regulatory Commission, and as same may hereafter be legally amended or superseded. Customer agrees that Pipeline shall have the unilateral right to file with the appropriate regulatory authority and make changes effective in (a) the rates and charges applicable to service pursuant to Pipeline's Rate Schedule CDS, (b) Pipeline's Rate Schedule CDS pursuant to which service hereunder is rendered or (c) any provision of the General Terms and Conditions applicable to Rate Schedule CDS. Notwithstanding the foregoing, Customer does not agree that Pipeline shall have the unilateral right without the consent of Customer subsequent to the execution of this Service Agreement and Pipeline shall not have the right during the effectiveness of this Service Agreement to make any filings pursuant to Section 4 of the Natural Gas Act to change the MDQ specified in Article I, to change the term of the agreement as specified in Article II, to change Point(s) of Receipt specified in Article IV, to change the Point(s) of Delivery specified in Article IV, or to change the firm character of the service hereunder. Pipeline agrees that Customer may protest or contest the aforementioned filings, and Customer does not waive any rights it may have with respect to such filings. SERVICE AGREEMENT FOR RATE SCHEDULE CDS (Continued)

  • Tariff 2.95.1 Any applicable Federal or state tariff of a Party, as amended from time- to-time;

  • Applicable Margin On any date the Applicable Margin for LIBOR Rate Loans and Base Rate Loans shall be as set forth below based on the ratio of the Consolidated Total Indebtedness of REIT and its respective Subsidiaries to the Gross Asset Value of REIT and its respective Subsidiaries: Pricing Level Ratio LIBOR Rate Loans Base Rate Loans Pricing Level 1 Less than or equal to 35% 2.50 % 1.25 % Pricing Level 2 Greater than 35% but less than or equal to 40% 2.75 % 1.50 % Pricing Level 3 Greater than 40% but less than or equal to 45% 3.00 % 1.75 % Pricing Level 4 Greater than 45% but less than or equal to 55% 3.25 % 2.00 % Pricing Level Ratio LIBOR Rate Loans Base Rate Loans Pricing Level 5 Greater than 55% 3.50 % 2.25 % The initial Applicable Margin shall be at Pricing Level 4. The Applicable Margin shall not be adjusted based upon such ratio, if at all, until the first (1st) day of the first (1st) month following the delivery by Borrower to the Agent of the Compliance Certificate after the end of a calendar quarter. In the event that Borrower shall fail to deliver to the Agent a quarterly Compliance Certificate on or before the date required by §7.4(c), then without limiting any other rights of the Agent and the Lenders under this Agreement, the Applicable Margin for Loans shall be at Pricing Level 5 until such failure is cured within any applicable cure period, or waived in writing by the Required Lenders, in which event the Applicable Margin shall adjust, if necessary, on the first (1st) day of the first (1st) month following receipt of such Compliance Certificate. In the event that the Agent and the Borrower determine that any financial statements previously delivered were incorrect or inaccurate (regardless of whether this Agreement or the Commitments are in effect when such inaccuracy is discovered), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any period (an “Applicable Period”) than the Applicable Margin applied for such Applicable Period, then (i) the Borrower shall as soon as practicable deliver to the Agent the corrected financial statements for such Applicable Period, (ii) the Applicable Margin shall be determined as if the Pricing Level for such higher Applicable Margin were applicable for such Applicable Period, and (iii) the Borrower shall within three (3) Business Days of demand thereof by the Agent pay to the Agent the accrued additional amount owing as a result of such increased Applicable Margin for such Applicable Period, which payment shall be promptly applied by the Agent in accordance with this Agreement.

  • Interest and Applicable Margins (a) Borrower shall pay interest to Agent, for the ratable benefit of Lenders with respect to the various Loans made by each Lender, in arrears on each applicable Interest Payment Date, at the following rates: (i) with respect to the Revolving Loans which are designated as Index Rate Loans (and for all other Obligations not otherwise set forth below), the Index Rate plus the Applicable Revolver Index Margin per annum or, with respect to Revolving Loans which are designated as LIBOR Loans, at the election of Borrower, the applicable LIBOR Rate plus the Applicable Revolver LIBOR Margin per annum; and (ii) with respect to such portion of the Term Loans designated as an Index Rate Loan, the Index Rate plus the Applicable Term Loan Index Margin per annum or, with respect to such portion of the Term Loans designated as a LIBOR Loan, the applicable LIBOR Rate plus the Applicable Term Loan LIBOR Margin per annum. The Applicable Margins shall be as follows: Applicable Revolver Index Margin 2.75 % Applicable Revolver LIBOR Margin 3.75 % Applicable Term Loan Index Margin 2.75 % Applicable Term Loan LIBOR Margin 3.75 % 1 Borrower to supply account information. provided; however, the Applicable Margins, with respect to the Term Loan, shall be adjusted (up or down) prospectively on a quarterly basis as determined by Holdings’ and its Subsidiaries’ consolidated financial performance. Adjustments in Applicable Margins will be determined by reference to the following grids: Level of Applicable Margin Leverage Ratio Applicable Term Loan Index Margin Applicable Term Loan LIBOR Margin Level I ³ 4.00 to 1.00 3.25 % 4.25 % Level II ³ 2.50 to 1.00, and < 4.00 to 1.00 2.75 % 3.75 % Level III < 2.50 to 1.00 2.25 % 3.25 % All adjustments in the Applicable Margins shall be implemented quarterly on a prospective basis, five (5) Business Days after the date of delivery to Lenders of the quarterly unaudited Financial Statements evidencing the need for an adjustment. Concurrently with the delivery of those Financial Statements, Borrower shall deliver to Agent and Lenders a certificate, signed by its chief financial officer, setting forth in reasonable detail the basis for the continuance of, or any change in, the Applicable Margins. If any Default or an Event of Default has occurred and is continuing at the time any reduction in the Applicable Margins is to be implemented, that reduction shall be deferred until the first day of the first calendar month following the date on which all Defaults or Events of Default are waived or cured.

  • Applicable Margins The ABR Applicable Margin and the LIBOR Applicable Margin to be used in calculating the interest rate applicable to different Types of Advances shall vary from time to time in accordance with the long-term unsecured debt ratings from Xxxxx’x, and Fitch of the General Partner and the Borrower. In the event the General Partner and the Borrower have different ratings, the rating of the higher rated entity shall be used. In the event the rating agencies are split on the rating for the higher rated entity, the lower rating for such entity shall be deemed to be the applicable rating (e.g., if the higher rated entity’s Xxxxx’x debt rating is Baa1, and its Fitch’s rating is BBB, then the Applicable Margins shall be computed based on the Fitch rating), and the Applicable Margins shall be adjusted effective on the next Business Day following any change in the higher rated entity’s Xxxxx’x debt rating, and/or Fitch’s debt rating, as the case may be. The applicable debt ratings and the Applicable Margins are set forth in the table attached as Exhibit A. In the event that Fitch or Xxxxx’x shall discontinue their ratings of the REIT industry, the General Partner or the Borrower, a mutually agreeable substitute rating agency (or two mutually agreeable substitute agencies if both existing rating agencies discontinue such ratings) shall be selected by the Required Lenders and the Borrower. If the Required Lenders and the Borrower cannot agree on a substitute rating agency or substitute rating agencies within thirty (30) days after such discontinuance, or if Fitch and Xxxxx’x shall discontinue their ratings of the REIT industry, the Borrower, or the General Partner, the Applicable Margin to be used for the calculation of interest on Advances hereunder shall be the highest Applicable Margin for each Type. If a rating agency downgrade or discontinuance results in an increase in the ABR Applicable Margin, the LIBOR Applicable Margin, or Facility Fee Rate and if such downgrade or discontinuance is reversed and the affected Applicable Margin is restored within ninety (90) days thereafter, at the Borrower’s request, the Borrower shall receive a credit against interest next due the Lenders equal to interest accrued from time to time during such period of downgrade or discontinuance and actually paid by the Borrower on the Advances at the differential between such Applicable Margins, and the differential of the Facility Fee paid during such period of downgrade. If a rating agency upgrade results in a decrease in the ABR Applicable Margin, LIBOR Applicable Margin or Facility Fee Rate and if such upgrade is reversed and the affected Applicable Margin is restored within ninety (90) days thereafter, Borrower shall be required to pay an amount to the Lenders equal to the interest differential on the Advances and the differential on the Facility Fees during such period of upgrade.

  • Rate Increases In the event that this Agreement is renewed pursuant to Section 3.1.2, the rate set forth in Exhibit “C” may be adjusted each year at the time of renewal as set forth in Exhibit “C.”

  • Base Rate The higher of (a) the annual rate of interest announced from time to time by BKB at its head office in Boston, Massachusetts, as its "base rate" and (b) one-half of one percent (1/2%) above the Federal Funds Effective Rate. For the purposes of this definition, "Federal Funds Effective Rate" shall mean for any day, the rate per annum equal to the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers, as published for such day (or, if such day is not a Business Day, for the next preceding Business Day) by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average of the quotations for such day on such transactions received by the Agent from three funds brokers of recognized standing selected by the Agent.

  • Base Rates Attached to and made a part of this Agreement is Appendix A which sets forth the straight-time hourly rates for all employees covered by this Agreement.

  • Applicable Interest Rates (a) U.S.

  • Applicable Interest Rate 5.10.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 and subject to Clause 5.3.1, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate.

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