Incentive Rate definition

Incentive Rate. Means the dollar per kW per Capability Period applicable to each Aggregation established in the first instance by Applicant based on the responsive bid to the RFP by Applicant.

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Incentive Rate means a rate equal to two (2) percentage points above the prime or base rate of interest charged by Citibank, N.A., in New York from time to time as its prime or base commercial lending rate, but, if prohibited by applicable law, the maximum contract rate permitted by applicable law.

Incentive Rate means the rate paid by an Incentive Shipper as published in this Tariff. “Incentive Shipper” means a Shipper that is a party to a Throughput and Deficiency Agreement.

Examples of Incentive Rate in a sentence

To declare a Deficient Quantity, Applicant shall submit a request to ▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇ and submit payment for the Early Exit Fee at that time, which is calculated as the product of the Deficient Quantity, multiplied by the Incentive Rate, multiplied by ten percent (10%), multiplied by the remaining full Capability Periods of the contract (keeping in mind that notice of a Deficient Quantity must be provided prior to November 1st of the calendar year prior to a Capability Period).
Lessee will also pay to Lessor, as Supplemental Rent, on demand, interest at the Incentive Rate on any part of any Basic Rent not paid when due and on any other payment of Supplemental Rent not paid when due or demanded by Lessor in accordance with the terms hereof for the period for which the same shall become due until the same shall be paid.
The amount specified in said notice shall bear interest at the Incentive Rate from the payment date specified in said notice until receipt of payment by the Lessor.
If the Lessee shall have had the benefit of a Business Incentive Rate at any time during the twelve-month period terminating on the immediately preceding June 30, the Lessee shall deliver to the Agency by the next following August 1, a completed report required by the Agency in connection with the Business Incentive Rate program with respect to such twelve-month period, in the form prescribed by the Agency.
Lessee shall pay interest at the Incentive Rate on any indemnity payment not made when due.

More Definitions of Incentive Rate

Incentive Rate means either Incentive Rate 1, or Incentive Rate 2, Incentive Rate 3, or Incentive Rate 4, as set forth in Item No. 130.

Incentive Rate means a rate of interest equal to LIBOR in respect of such periods as Lessor shall select from time to time, plus the Margin, but in no event greater than the maximum rate permitted by applicable law.

Incentive Rate means 1) with respect to your first Referred Customer, 10%, 2) with respect to your second Referred Customer, 15% and 3) with respect to your third Referred Customer and all additional Referred Customers, 20%.

Incentive Rate means the rate paid by an Incentive Shipper as published in Carrier’s R.R.C.. No. 106. [W] 18.0 14 .0 or reissues thereof.

Incentive Rate means an annual rate equal to the sum of the Base Rate, plus 1%, which Incentive Rate shall change when and as the Base Rate changes.

Incentive Rate refers to the rate proposed by the Seller in the applicable Flexibility Service Form;

Incentive Rate means the rate paid by an Incentive Shipper as published in this Tariff.