NRRR definition

NRRR is determined as follows:‌ If LCEB is less than or equal to LCEth: NRRR = LCEB × 0.0075 + 13,885 If LCEm is greater than LCEth: NRRR = LCEB × 0.0076 + 13,885 where: NRRR is the Reference NRR (in CAD$/MW-month). LCEB is the lithium carbonate market price (99.5% battery grade), reported (in RMB/MT) per the Shanghai Metals Market available online at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/Chemical-Compound/201102250059, for the last day of the calendar month immediately prior to the last day that Expedited RFP Proposals may be submitted. LCEth is the lithium carbonate threshold price and is equal to RMB/MT lithium carbonate market price.
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NRRR means that amount to be established calculated to Section 4.6(b).
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Examples of NRRR in a sentence

  • CITIBANK, N.A., not in its individual capacity but solely as Certificate Administrator By: Authorized Signatory Dated: October 9, 2018 This is one of the Class NR-RR Certificates referred to in the Pooling and Servicing Agreement.

  • Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class X-A, Class B, Class C, Class X-D, Class D, Class E, Class F-RR, Class G-RR, Class J-RR, Class NR-RR, Class R, Class S and Class VRR Certificates (together with the Class A-S Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

  • Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class X-A, Class A-S, Class C, Class X-D, Class D, Class E, Class F-RR, Class G-RR, Class J-RR, Class NR-RR, Class R, Class S and Class VRR Certificates (together with the Class B Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

  • Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class X-A, Class A-S, Class B, Class C, Class D, Class E, Class F-RR, Class G-RR, Class J-RR, Class NR-RR, Class R, Class S and Class VRR Certificates (together with the Class X-D Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

  • Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-S, Class B, Class C, Class X-D, Class D, Class E, Class F-RR, Class G-RR, Class J-RR, Class NR-RR, Class R, Class S and Class VRR Certificates (together with the Class X-A Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

  • Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-3, Class A-4, Class A-AB, Class X-A, Class A-S, Class B, Class C, Class X-D, Class D, Class E, Class F-RR, Class G-RR, Class J-RR, Class NR-RR, Class R, Class S and Class VRR Certificates (together with the Class A-2 Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

  • Also issued under the Pooling and Servicing Agreement are the Class A-2, Class A-3, Class A-4, Class A-AB, Class X-A, Class A-S, Class B, Class C, Class X-D, Class D, Class E, Class F-RR, Class G-RR, Class J-RR, Class NR-RR, Class R, Class S and Class VRR Certificates (together with the Class A-1 Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

  • Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-4, Class A-AB, Class X-A, Class A-S, Class B, Class C, Class X-D, Class D, Class E, Class F-RR, Class G-RR, Class J-RR, Class NR-RR, Class R, Class S and Class VRR Certificates (together with the Class A-3 Certificates, the “Certificates”; the Holders of Certificates are collectively referred to herein as “Certificateholders”).

  • A portion of the Offered Non-Registered Certificates constituting a portion of the VRR Interest will be sold by the Initial Purchasers to RREF IV-D UBSCM 2019-C18 MOA, LLC, a Delaware limited company, and the Class NR-RR Certificates to RREF IV-D UBSCM 2019-C18 MOA-HRR, LLC, a Delaware limited liability company (collectively, the “Retaining Parties”).

  • CITIBANK, N.A., not in its individual capacity but solely as Certificate Administrator By: Authorized Signatory Dated: December 11, 2018 This is one of the Class NR-RR Certificates referred to in the Pooling and Servicing Agreement.