Understanding and Selecting Rates Clause Samples

The 'Understanding and Selecting Rates' clause defines the process by which parties identify, comprehend, and choose applicable rates—such as interest rates, service fees, or payment rates—relevant to their agreement. Typically, this clause outlines the types of rates available, the criteria for selection, and any benchmarks or indices used to determine variable rates. Its core function is to ensure both parties are fully informed about the financial terms and to prevent disputes by clarifying how rates are chosen and applied throughout the contract.
Understanding and Selecting Rates. You understand that unless you have been offered a Rate, confirmed in writing by the Company, that expressly provides otherwise, there are no guaranteed savings and your Rate may be higher or lower than the EDC and/or NGDC’s rate in any given month. You can always review existing Service offers to compare your Rate under this Agreement to other current offers by going to your state’s public rate chart as further detailed in Section 15.
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Understanding and Selecting Rates. You understand that unless you have been offered a Rate, confirmed in writing by the Company, that expressly provides otherwise, there are no guaranteed savings and your Rate may be higher or lower than the Utility’s rate in any given month. You can always review existing Service offers to compare your Rate under this Agreement to other current offers by going to your state’s public rate chart.
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Related to Understanding and Selecting Rates

  • Project Understanding Upon request from the CONSULTANT, CITY may provide all criteria and full information as to CITY's and CONSULTANT'S requirements for this part of the project, including design objectives and constraints, space, capacity and performance requirements, flexibility and expendability, and any budgetary limitations. CONSULTANT may request from the CITY to furnish data, reports, surveys, and other materials that may be relied upon in performing CONSULTANT'S services. DRAFT Authorized representatives of the CITY may at all reasonable times review and inspect the project activities and data collected under the Agreement and amendments thereto. All reports, drawings, studies, specifications, estimates, maps and computation prepared by or for the CITY in association with this Agreement shall be subject to review. The CITY may at any time request progress reports, prints or copies of any work performed under this Agreement. Refusal by the CONSULTANT to submit progress reports and/or plans shall be cause to withhold payment to the CONSULTANT until the CONSULTANT complies with the CITY’s request in the regard. The CITY’s review recommendations shall be incorporated into the plans by the CONSULTANT.

  • Evaluation and Understanding (i) It has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision to enter into the Transaction; and (ii) It understands the terms, conditions and risks of the Transaction and is willing and able to accept those terms and conditions and to assume those risks, financially and otherwise.

  • Understanding of Risks Purchaser is fully aware of: (a) the highly speculative nature of the investment in the Shares; (b) the financial hazards involved; (c) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (d) the qualifications and backgrounds of the management of the Company; and (e) the tax consequences of investment in the Shares.

  • Prior Understandings This Agreement supersedes all prior understandings and agreements (whether written, oral or otherwise) pertaining to the subject matter hereof, and constitutes the entire agreement between the parties hereto relating to the subject matter hereof and the transactions provided for herein.

  • Understanding of Agreement Executive represents and warrants that he has read and understood each and every provision of this Agreement, and Executive understands that he has the right to obtain advice from legal counsel of choice, if necessary and desired, in order to interpret any and all provisions of this Agreement, and that Executive has freely and voluntarily entered into this Agreement.