Deemed Rates definition

Deemed Rates means rates that will be applied when; the agreed payment method is not received or cancelled, or when no Agreement is in place between the two parties and no change of supplier has taken place. The Deemed Rates will apply until either a new Agreement is signed, or a new supplier takes over the supply of Energy. The Deemed Rates will be set by D-ENERGI
Deemed Rates the rates and charges of that name published from time to time by us (available at ▇▇▇▇▇▇▇▇▇.▇▇▇) in accordance with Schedule 6 of the Electricity Act 1989 or Schedule 2B of the Gas Act 1986, as applicable;

Examples of Deemed Rates in a sentence

  • If none of the above are met this Agreement shall continue except that you shall be charged at our Deemed Rates.

  • For the avoidance of doubt, you shall be charged at our Deemed Rates for electricity supplied by us after the End Date.

Related to Deemed Rates

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • LIBOR-Based Rate means, with respect to each Interest Period, the per annum interest rate equal to the London Interbank Offered Rate which appears on Telerate Page 3750 at approximately 11:00 a.m. (London time) two LIBOR Business Days prior to the first day of such Interest Period for deposits of United States dollars for a period of time comparable to the Interest Period, and in an amount comparable to the principal amount of the Loan, plus 0.35%.

  • Interest Quotation Day means, in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.

  • Quoted Rate means the rate of interest per annum offered by the Swing Line Bank in its sole discretion with respect to a Swing Line Advance.

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following: