Settlement Rates Sample Clauses

Settlement Rates. To the extent permitted by Applicable Law, Monarch may, at its election, file the Committed Rate, including the initial Committed Rate and any subsequent changes thereto pursuant to the terms of this Agreement, as Settlement Rates in the Rates Tariff under 18 C.F.R. § 342.4(c) and Shipper expressly agrees to support such filings.
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Settlement Rates. The following are the settlement rates prior to any rate adjustments in section 9 of this Attachment 1: Service Monthly Rates Variable Energy Resource Balancing Service (VERBS) 30/15 Committed $0.71/kW of nameplate VERBS 30/60 Committed $1.01/kW of nameplate VERBS Uncommitted $1.22/kW of nameplate VERBS CSGI $0.49/kW of nameplate VERBS Solar 15-Minute $0.21/kW of nameplate VERBS Solar Hourly $0.28/kW of nameplate Dispatchable Energy Resource Balancing Service (DERBS) Inc 20.42 xxxxx/kW DERBS Dec 3.43 xxxxx/kW Regulation and Frequency Response 0.13 xxxxx/kWh Operating Reserve - Spinning 11.82 xxxxx/kWh Operating Reserve – Spinning default 13.59 xxxxx/kWh Operating Reserve - Supplemental 9.76 xxxxx/kWh Operating Reserve – Supplemental default 11.22 xxxxx/kWh
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Settlement Rates. Effective September 1, 2013, during the term of the TO4 Formula, SDG&E’s wholesale and retail BTRR shall be determined by the TO4 Formula, consistent with the terms of this Settlement. The TO4 Appendix VIII, which includes the Protocols as Attachment 1 and the Formula Rate Spreadsheet as Attachment 2, constitutes the “TO4 Formula.” The TO4 Formula 12 18 C.F.R. § 35.13 (h)(4) (2013). constitutes the filed-rate. The TO4 Formula Appendix VIII, including Attachments 1 and 2, is being filed with and is an integral part of this Settlement. When SDG&E makes its annual Informational Filing, if any person protests any cost reflected in charges derived under TO4 Formula, SDG&E shall bear the burden of demonstrating the justness and reasonableness of its implementation of the TO4 Formula, consistent with Commission precedent and Sections C.4.d. and C.4.g. of the Protocols.
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Settlement Rates. The currently effective METC rate of $1.5235/kW/month in the Michigan Joint Zone will remain in effect and be updated in accordance with the implementation of METC Attachment O consistent with Article IV of this Settlement Agreement. Specifically, if the Commission, in Docket No. ER07-95, approves METC’s request to keep the currently effective rate of $1.5235/kW-month in effect through December 31, 2007, the rate will be updated effective January 1, 2008. If, however, the Commission, in Docket No. ER07-95, denies METC’s request to keep the currently effective rate in effect through December 31, 2007, the rate will be updated effective June 1, 2007.
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Settlement Rates. Upon the Settlement becoming effective in accordance with Article XVI, the “Settlement Rates” shown in Appendix B shall become effective January 1, 2023, and shall remain in effect through the remainder of the Settlement Term (as defined in Article XVI, Section 16.7).5 The Settlement Rates are computed consistent with the terms of this Settlement and are reflected as daily rates on the pro forma tariff sheets submitted herewith in Appendix E. The Commission’s approval of this Settlement shall constitute all authority 5 To be consistent with the “Gas Day” defined in the Tariff, the Settlement Rates will become effective at 8:00 a.m. Mountain Standard Time. necessary for Northwest to place into effect final tariff sheets consistent with the pro forma tariff sheets in Appendix E. If the Settlement becomes effective, in accordance with Article XVI, after January 1, 2023, Northwest shall refund to shippers any amounts collected in excess of the applicable Settlement Rates for the period beginning January 1, 2023, until the date on which final tariff sheets containing the Settlement Rates become effective. With respect to any such refunds, Northwest shall also include interest, calculated in accordance with 18 C.F.R. § 154.501(d). The refund provided in accordance with this paragraph will be provided in the first bill issued after final tariff sheets containing the Settlement Rates become effective. To the extent refunds are required pursuant to this Article III, within thirty (30) days after Northwest makes such refunds, Northwest shall file a refund report in accordance with 18 C.F.R. § 154.502.
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Settlement Rates. The “Settlement Rates” for service on Maritimes shall be as set forth in this Section 3.1. The Settlement Rates and Depreciation Rates (defined below in Section 4.1) shall become effective upon the Settlement Effective Date.
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Settlement Rates. PJM will revise Schedule 6A of its Tariff as shown in redline and clean on the pro forma tariff sheets provided as Attachments A and B, respectively, to this Settlement, which reflect the following CRF values as settlement rates for units selected prior to June 6, 2021 (“Settlement Rates”), to provide Black Start Service: Age of Black Start Unit in Years Term of Black Start Commitment in Years Levelized CRF 11 to 15 10 0.1767 16+ 5 0.3097 Concurrent with the filing of this Settlement with the Commission, PJM will file a motion to place these Settlement Rates in effect as of January 1, 2024 on an interim basis pending the Commission’s approval of this Settlement (“Interim Settlement Rates”).
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Related to Settlement Rates

  • Settlement Averaging Period For any Option and regardless of the Settlement Method applicable to such Option:

  • Applicable Interest Rates (a) U.S.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

  • Determination of Rates Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Lenders to which such interest is payable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties.

  • Exchange Rates Notwithstanding the foregoing, for purposes of any determination under Section 9, Section 10 or Section 11 or any determination under any other provision of this Agreement expressly requiring the use of a current exchange rate, all amounts incurred, outstanding, or proposed to be incurred or outstanding in currencies other than Dollars shall be translated into Dollars at the Spot Rate; provided, however, that for purposes of determining compliance with Section 10 with respect to the amount of any Indebtedness, Restricted Investment, Lien, Asset Sale, or Restricted Payment in a currency other than Dollars, no Default or Event of Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness, Lien or Restricted Investment is incurred or Asset Sale or Restricted Payment made; provided that, for the avoidance of doubt, the foregoing provisions of this Section 1.6 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness, Lien, or Investment may be incurred or Asset Sale or Restricted Payment made at any time under such Sections. For purposes of any determination of Consolidated Total Debt or Consolidated First Lien Secured Debt, amounts in currencies other than Dollars shall be translated into Dollars at the currency exchange rates used in preparing the most recently delivered Section 9.1

  • Quotation of Rates A Representative of Borrower may call Administrative Agent before delivering a Borrowing Request to receive an indication of the interest rates then in effect, but the indicated rates do not bind Administrative Agent or Lenders or affect the interest rate that is actually in effect when Borrower delivers its Borrowing Request or on the Borrowing Date.

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