Daily Rate

Example Definitions of "Daily Rate"
Daily Rate. Means the estimated average daily rate (in MMcfpd) of Gas deliveries, which may be expressed as a range with respect to a Contract Year but shall be expressed as a single rate with respect to each Day on which Gas deliveries are scheduled hereunder.
Daily Rate. The variable per annum rate of interest equal to the One Month LIBOR as published in the Money Rates Section of the Wall Street Journal or any equivalent section of that newspaper.
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