Incentive Rate definition

Incentive Rate means a rate equal to two (2) percentage points above the prime or base rate of interest charged by Citibank, N.A., in New York from time to time as its prime or base commercial lending rate, but, if prohibited by applicable law, the maximum contract rate permitted by applicable law.

Incentive Rate. Means the dollar per kW per Capability Period applicable to each Aggregation established in the first instance by Applicant based on the responsive bid to the RFP by Applicant.

Incentive Rate means either Incentive Rate 1, or Incentive Rate 2, Incentive Rate 3, or Incentive Rate 4, as set forth in Item No. 130.

Examples of Incentive Rate in a sentence

• Lessee will also pay to Lessor, as Supplemental Rent, on demand, interest at the Incentive Rate on any part of any Basic Rent not paid when due and on any other payment of Supplemental Rent not paid when due or demanded by Lessor in accordance with the terms hereof for the period for which the same shall become due until the same shall be paid.

• The VP of Worldwide Sales, with approval from the VP of Finance, shall set the Incentive Rate (IR) for each sales person.

• For purposes of computing any severance amount payable under the Severance Agreement or the CIC Agreement, annual base salary shall mean the Executive’s existing base salary as of February 29, 2012 or any increase therein after such date, and target annual cash incentive bonus or Target Incentive Rate shall mean the “target annual incentive participation rate” of the Executive as of February 29, 2012, which is 75% of the Executive’s base salary, or any increase therein after such date.

• Regulation Transmission Rate Setting The OEB provides two revenue plan options for transmission rates in Ontario: the Custom Incentive Rate Setting Plan (the “Custom IR Method”) and the Incentive-Based Revenue Index Rate Setting Plan (the “Revenue Cap Index”).

• If Lessee fails to perform any of its obligations hereunder, Lessor may discharge such obligation and shall notify Lessee of the same, and the amount of the expenses of Lessor incurred in connection with such discharge together with interest thereon at the Incentive Rate shall be deemed Supplemental Rent, payable by Lessee upon demand.

More Definitions of Incentive Rate

Incentive Rate means 1) with respect to your first Referred Customer, 10%, 2) with respect to your second Referred Customer, 15% and 3) with respect to your third Referred Customer and all additional Referred Customers, 20%.

Incentive Rate means a rate of interest equal to LIBOR in respect of such periods as Lessor shall select from time to time, plus the Margin, but in no event greater than the maximum rate permitted by applicable law.

Incentive Rate means an annual rate equal to the sum of the Base Rate plus three percent (3%) which Incentive Rate shall change when and as the Base Rate changes.

Incentive Rate means an incentive standard expressed in standard hours.

Incentive Rate means the rate paid by an Incentive Shipper as published in Carrier’s R.R.C.. No. 106.[W] 14 7.0 or reissues thereof.

Incentive Rate means the financial reward or penalty attributable to a non-exemptEDB’s performance against the quality standards specified in a DPP or CPP, as specified in a DPP determination or CPP determination;

Incentive Rate means a per annum interest rate equal to the Prime Rate plus 5%, or the maximum rate permitted by applicable law, whichever is less, calculated on the basis of a year of 360 days and actual days elapsed.