Rate Type means the type of tariff that is applied to the Transmission Service, based on the period for which the Transmission Service with a determined term is subscribed, as set out in Subscription & Allocation of Services (ACT – attachment B). The Rate Type of a Transmission Service is either Yearly or Seasonal.
Examples of Rate Type in a sentence
Loan Term [insert loan term], commencing on the Start Date Interest only period [insert term] (for interest only payment) or N/A [Special bridging loan details]4 N/A [Special construction loan details]5 Your Contribution: N/A Interest Rate Type Option1:[insert type and term e.g. Fixed for 1 year] Option2:variable Interest Rate Option 1 for fixed term: The initial Interest Rate applying to the advances for this tranche will be set by us at or before the time the advance is made.
More Definitions of Rate Type
Rate Type is defined in Section 2.4.
Rate Type means the Interest Rate Type for the Base Currency and the Interest Rate Type for the Quote Currency set by agreement of the Contracting Parties and recorded in the Confirmation, in particular the Fixed and Floating Rate.
Rate Type means the LIBOR Rate, the CDOR Rate, the Cost of Funds Rate, the Reference Rate or the CP Rate.
Rate Type. As defined in Section 2.4. Rating Agencies: Collectively, Fitch, Moody’s and S&P.