CONTRACT CHARGE Sample Clauses

CONTRACT CHARGE. In the event that a Contract Charge is due, as set forth on the Contract Specifications Page, Nationwide shall withdraw the amount of the charge from the Guaranteed Fund.
AutoNDA by SimpleDocs
CONTRACT CHARGE. The Contract Charge is deducted daily from the investment base of each Indexed Strategy. The charge for a given day is calculated as a percentage of the investment base on that day. It compounds to an effective annual rate equal to the Contract Charge Rate set out on the Contract Specifications page. We will deduct an Early Withdrawal Charge from the Account Value of this Contract if it is surrendered or a withdrawal is taken prior to the seventh Contract Anniversary. The Early Withdrawal Charge is equal to the Early Withdrawal Charge rate multiplied by the amount that is subject to such charge. The amount that is subject to the charge is the portion of the Account Value that you withdraw or surrender. The amount you withdraw or surrender includes any amount needed to pay the Early Withdrawal Charge itself. It does not include the amount covered by your Free Withdrawal Allowance. The Early Withdrawal Charge rates are set out on the Contract Specifications page. An Early Withdrawal Charge does not apply to a withdrawal or surrender on or after the seventh Contract Anniversary.
CONTRACT CHARGE. TFLIC reserves the right to deduct an annual contract charge not to exceed $50.00 from a Participant’s Account to reimburse TFLIC for administrative expenses.
CONTRACT CHARGE. Each Billing Period, the Buyer must pay to Change Energy the Contract Charge for each Site, being the aggregate of the following charges, as applicable for the Billing Period under the Commercial Terms: (a) the Electricity Charge; (b) the Network Charges; (c) the Market Charges; (d) the Capacity Charge; (e) the REC Charge; (f) the Excess Demand Charge; (g) the Shortfall Charge; and (h) any other charges determined in accordance with Clause 5.2
CONTRACT CHARGE. The Contract Charge, if any, is shown on the Contract Data Page. Assessment of the Contract Charge will result in the cancellation of Units, as described in Section 4.2, on a pro-rata basis from the Investment Value of all Investment Options under this Contract.
CONTRACT CHARGE. In the event that a Contract Charge is due, as set forth on the Contract Summary Page, the Company shall cancel the number of units in the Fund or Funds specified by the Contractholder equal to the quotient of the Contract Charge amount divided by the unit value on the date of cancellation.
CONTRACT CHARGE. A charge to compensate the Company for the administration of your account under the Contract. Each month the Company shall deduct a maximum charge of [$2.00] from the Account Value, but not to exceed [1/12 of 1% of the Account Value,] in accordance with a uniform policy established by the Company for the class of contracts to which the Contract belongs. The Company reserves the right to change this charge, subject to any maximum set forth in the Contract and under applicable laws and regulations.
AutoNDA by SimpleDocs
CONTRACT CHARGE. 1.1 The relevant Base Load Contract Fee in a given month for Base Load Contracts shall be the relevant Auction Clearing Prices for the Base Load Contracts multiplied by the base load weighting factor set out below. 1.2 The relevant Peaking Load Contract Fee in a given month for Peak Load Contracts shall be the relevant Auction Clearing Prices for Peak Load Contracts multiplied by the peak load weighting factor set out below. Month Base load weighting factor Peak load weighting factor January 1.3 1 February 1.3 1 March 1 0 April .9 0 May .7 0 June .7 0 July .7 0 August .7 0 September 1 0
CONTRACT CHARGE. Each month of the Delivery Term, Buyer shall pay to Seller a Contract Charge equal to the sum of (a) the product of the Capacity Price and the Contract Capacity (less Bilateral Capacity) provided during the Month pursuant to this Agreement, (b) for each bilateral contract or sale of capacity in an ISO other than MISO, the product of Bilateral Capacity sold by Buyer during the Month and the price at which such Bilateral Capacity was contracted or cleared , as the case may be, and (c) the product of the Energy Price and the Contract Energy provided during such Month pursuant to this Agreement.
CONTRACT CHARGE. Each Month of the Delivery Term, Buyer shall pay to Seller a Contract Charge equal to the product of the Capacity Price and the Contract Capacity provided during the Month plus the product of the Energy Price and the Contract Energy provided during such Month pursuant to this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!