Low Rate definition

Low Rate means the fixed incentive rate (cents/kilowatt hour) for energy savings per quarter that’s below 80% (eighty percent) of the Agreed quarterly target.
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Examples of Low Rate in a sentence

  • All initial production aircraft, including Low Rate Initial Production (LRIP) and Full Rate Production (FRP) aircraft will be produced in satisfaction of outstanding backlogs.

  • The word “Agreement” means this Dow Credit Union Low Rate VISA Credit Card Agreement.

  • We may also choose not to take away the benefit of any Introductory Interest Rate or Promotional Interest Rate offer or not to increase your interest rates by 5% (or 8% if you are a Visa Classic Low Rate Option cardholder) per annum as set out above.

  • The Finance Plan may provide for the waiver of finance charges ("Waiver") or a reduction of the normal rate ("Low Rate") on Retail Notes under certain circumstances.

  • For Low Rate VISA, Platinum Rewards VISA, WSUAA Affinity VISA and WSUAA Affinity Rewards VISA feature categories, all advances are subject to a Variable Rate which is based on the highest Prime Rate as published in the Money Rates section of The Wall Street Journal in effect on the last day of each calendar quarter of each year ("Index") plus Our Margin.

  • Any Card (excluding BNZ Lite Visa, Low Rate MasterCard and credit cards on fee saver plans) can be linked to the Fly Buys programme.

  • In consideration of the purchase of any such Retail Notes by the Capital Corporation, the Sales Company shall, upon the sale to the Capital Corporation of a Retail Note as to which a Waiver or Low Rate is in effect, pay the Capital Corporation an amount sufficient to reimburse the Capital Corporation for its costs and provide the Capital Corporation a competitive and agreed to rate of return on its investment in the Retail Note.

  • Payment of the NRE is proposed to be on the same percentage basis as a deliverable and will be linked to the Hatoyama Station (40%), Redu Station (40%), Tsukuba Primary Station (10%), and Tsukuba Secondary Station Low Rate System (10%).

  • Another innovation is the use of Ultra Low Rate Cement Squeezing Techniques in order to seal existing leaking ▇▇▇▇▇ (▇.▇.

  • It also includes options for Low Rate Initial Production (LRIP) and Full Rate Production (FRP), and subsequent documentation updates, test and fielding support.

Related to Low Rate

  • Flow rate means the rate at which water flows through pipes, valves and emission devices, measured in gallons per minute, gallons per hour, or cubic feet per second.

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.