Common use of CUSTOMER CHARGES FOR THE ACS CRAC Clause in Contracts

CUSTOMER CHARGES FOR THE ACS CRAC. The ACS CRAC Amount is the share, in dollars, of the total CRAC Amount that is to be recovered from the ACS rates specified above; the balance of the CRAC Amount is to be recovered from specified Power rates. The ACS CRAC Amount is converted to an ACS CRAC Percentage by dividing the ACS CRAC Amount by the most recent forecast of revenues for the relevant fiscal year at the ACS rates subject to the CRAC. Line items will be added to the bills for each service during the 12 months of the applicable year by multiplying the ACS CRAC Percentage times each of the applicable rates times the billing factors for each rate for each customer.

Appears in 4 contracts

Samples: Settlement Agreement, Settlement Agreement, Partial Settlement Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.