New Rate definition

New Rate means a rate or charge for utility service not currently encompassed by the utility's tariffs.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

New Rate means rates proposed by the Operating Company, when the Operating Company considers that the items detailed within the Schedule of Rates and Prices are not applicable to the Operations to be undertaken and as described in more detail in Schedule 3 Contract Management, Section 7 Control of Core & Ordered Operations, 7.11 New Rates.

New Rate means the new rate calculated pursuant to the preceding formula that will replace the Old Rate.

Examples of New Rate in a sentence

Hence, monthly principal and interest payments during the Extension Term shall be based upon the New Rate, in an amount that would be sufficient to fully amortize the outstanding principal balance of the Loan over the New Amortization Period, if such amortization were based on a three hundred sixty (360) day year composed of twelve (12) months of thirty (30) days each.
Hence, monthly principal and interest payments during the Extension Term shall be based upon the New Rate, in an amount that would be sufficient to fully amortize the outstanding principal balance of the Loan over the Amortization Period.
The present value shall be computed using 1/12th of the New Rate as the monthly discount rate.
Else if Pay Schedule is 'BW', Annualized 2% Increase by FAU = (New Rate reflecting 2% wage increase - Distribution Current Rate) times Distribution Percent times 26.
Subtract the New City Contribution determined in Step 4 from the New Rate determined in Step 1.

More Definitions of New Rate

New Rate the exchange rate on the actual payment date by the Company of any amount.

New Rate has the meaning set forth above in this Exhibit 13.1.

New Rate means a tax included within a taxing district's

New Rate shall have the meaning set forth in the Notes.

New Rate. The Representative Exchange Rate that is known at the time of actual payment; however, if the payment owing by the Lessee is made after 11:00 a.m. - the Representative Exchange Rate that is published on the first business day after the day of payment, provided that it is not lower than the Base Rate known at the time payment was effected.

New Rate has the meaning defined in ss. 2.7.

New Rate means the imposition of a new property-related fee or charge or an increase in a property-related fee or charge.