Rate Class definition
Rate Class means each of the rate classes into which Customers are divided as of the date hereof, as such rate classes may be reconfigured from time to time.
Rate Class has the meaning specified in the Master Servicing Agreement.
Rate Class means a defined segment of the population or a pre-determined window of time, as described below:
Examples of Rate Class in a sentence
The Guaranteed Death Benefit, Deferred Paid-Up Term Death Benefits and One Year Term Insurance for a given Insured vary according to Issue Age, Mortality Table, Rate Class, Premium and Non-Guaranteed Credits described in The Policy.
More Definitions of Rate Class
Rate Class means the risk class of the proposed insured. After the application is underwritten, a revised illustration will be delivered with the policy if the actual rate class differs from the one illustrated.
Rate Class means a group of customers which exhibit similar use characteristics and which are grouped together for cost allocation, rate design, and billing purposes.
Rate Class means each rate classification of DLC's retail customers. ----------
Rate Class. Rate Class: Utility Meter No.: Utility Meter No.: Tax Status: Choose an item. If tax exempt, must attach certificate Choose an item. If tax exempt, must attach certificate Delivery Point/Utility Choose an item. Agreement Type Choose an item. Billing Option Choose an item. Purchase Price & Product Type (Fixed or Variable and, if variable, how the price is determined) The Purchase Price excludes Utility distribution charges, Daily distribution Services (storage) & Peaking charges (when applicable) and sales tax. Utility line loss is included in price. ☐ Fixed $0. / Therm☐ Index NYMEX + $0. / Therm☐ Monthly variable price based on market conditions. Gas Fixed and Variable Price Rates includes the wholesale cost of natural gas (including commodity, capacity, storage and balancing), transportation to the Sales Point, and other market-related factors, plus all applicable taxes, fees, charges or other assessments and Seller’s costs, expenses and margins. Gas NYMEX+ Rate Price will be determined by the varying NYMEX market rate, a publicly available price, plus the fixed adder as stated above (the fixed adder will not change throughout the Term of the Agreement), plus all applicable taxes, fees, charges or other assessments and Seller’s costs, expenses and margins. All Fixed, Index NYMEX+ rates may be modified due to a subsequent change in the law per the Regulatory Change Section of the Terms & Condition. Buyer may incur additional Imbalance Charges as described in the Agreement. The Purchase Price excludes Utility distribution charges and sales taxes. Utility losses & current NYS clean energy standard mandatory minimums (REC & ZEC charges) are included in price. ☐ Fixed $0. / Kilowatt-hour (KWh) includes GRT ☐ Monthly variable price based on market conditions. Electric Fixed and Variable Price Rates include the cost of electricity obtained from all sources (including energy, capacity, settlement, ancillaries, losses and congestion), related transmission and distribution charges and other market-related factors, including such factors as electricity market pricing, utility charges, and other market price related factors, as determined by Seller’s discretion, plus all applicable taxes, fees, charges or other assessments and Seller’s costs, expenses and margins. All Fixed rates may be modified due to a subsequent change in the law per the Regulatory Change Section of the Terms & Condition Process customer may use to rescind the agreement without penalty There are n...
Rate Class and “Insured” have the same meaning or meanings ascribed by the Policy or Policies.
Rate Class means a service or group of customers as defined in the utility's tariffs.