Competitive Rate definition

Competitive Rate means the actual rate offered by the utility, and approved by the commission, to a customer subject to effective competition.
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Competitive Rate means, with respect to any Absolute Rate Competitive Loan, the fixed rate of interest (expressed as a percentage rate per annum in the form of a decimal to no more than four decimal places) for such Loan, as specified in the related Competitive Bid and Competitive Accept/Reject Notice.
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Competitive Rate means, with respect to any Absolute Rate Competitive Loan, the fixed rate of interest (expressed as a percentage rate per annum in the form of a decimal to no more than four decimal places) for such Loan, as specified in the related Competitive Bid and Competitive Accept/Reject Notice. "Compliance Date" shall mean each of the date of this Agreement, each Borrowing Date, each Conversion Date and the date of each delivery by the Company of a certificate requiring the Company to certify as to the accuracy of the representations and warranties contained in Article V.
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Examples of Competitive Rate in a sentence

  • Each determination by the Administrative Agent of the Alternate Base Rate, the Eurodollar Rate and the Competitive Rate pursuant to this Agreement shall be conclusive and binding on the Borrower absent manifest error.

  • The rates set forth in this schedule shall be subject to the operation of the Company’s Competitive Rate Adjustment Clause set forth on Sheet No. 7.101-5.

  • It is necessary, that the Contractor has to visit BHEL with prior notice and seeks clarification, if any, before offering the most Competitive Rate for the subjected work.

  • Company's Purchase Gas Cost Recovery Adjustment Clause, Energy Conservation Cost Recovery Clause and Competitive Rate Adjustment Clause shall not apply to purchases of Gas made by Customer Pursuant to this Rate Schedule.

  • At the Company’s discretion it may recover the difference between the otherwise applicable tariff rate and the approved contract rate under this rate provision through Rider “C”, Competitive Rate Adjustment (“CRA”).

  • Service under this rider is available only to customers whose electrical loads qualify the Cooperative to purchase power and energy under its wholesale supplier’s Competitive Rate Schedule.

  • Each Absolute Rate Competitive Loan shall bear interest from the date of such Loan to (but excluding) its Maturity Date, payable in arrears, with respect to maturities of three months or less, on its Maturity Date, and with respect to maturities longer than three months, on the day which is three months after the making of such loan (and each three month anniversary thereafter, if any) and on its Maturity Date, at a rate per annum equal to the applicable Competitive Rate.

  • The difference between the otherwise applicable tariff rate and the approved contract rate under this Rate Schedule may be subject to recovery through Rider “C”, Competitive Rate Adjustment (“CRA”).

  • With respect to each borrowing of a Revolving Credit Loan, the Agent shall have received a Conventional Borrowing Request or a Competitive Rate Borrowing Request, as the case may be, duly executed by an Authorized Signatory of the Borrower.

  • It is necessary, that the Contractor to visit BHEL with prior notice and seeks clarification, if any, before offering the most Competitive Rate for Quality Food and Hygienic Service.


More Definitions of Competitive Rate

Competitive Rate means the "Beginning Rate" for such lane multiplied by the "Adjustment Fraction." For purposes hereof, the following definitions shall apply:
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Competitive Rate means the rate quoted by Bank to Borrower from time to time at Borrower's request, for money outstanding for the particular specified period of [ ] days or less.
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Competitive Rate means a rate per annum equal to the Prime Rate plus four percentage points, but not less than eight percent.
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Related to Competitive Rate

  • Alternative Rate means an alternative benchmark or screen rate which the Independent Adviser determines in accordance with Condition 5(j)(ii) is customarily applied in international debt capital markets transactions for the purposes of determining rates of interest (or the relevant component part thereof) in the same Specified Currency as the Notes.

  • Federal Funds Effective Rate means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding 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 (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it.

  • Base Rate means, for any period, a fluctuating interest rate per annum as shall be in effect from time to time which rate per annum shall at all times be equal to the highest of:

  • Reference Rate means the rate specified as such hereon.