Determination of Capital Component of Transportation Charge for Costs Incurred Prior to the Billing Transition Date Sample Clauses

Determination of Capital Component of Transportation Charge for Costs Incurred Prior to the Billing Transition Date. The Agency’s annual payment of its allocated Capital Costs Incurred prior to the Billing Transition Date and interest thereon, computed at the Project Interest Rate and compounded annually, shall be determined in accordance with a repayment schedule established by the State and determined in accordance with the principles set forth in (A), (B), and (C) below, which principles shall be controlling as to the Agency’s payment of its allocated Capital Costs. The Agency’s repayment schedule will be set forth in Table I by the State as soon as designs and cost estimates are prepared by it subsequent to receipt of requests from the Agency as to the maximum monthly delivery capability to be provided in each aqueduct reach for transport and delivery of Project Water to the Agency, pursuant to Article 17(a); provided that the amounts set forth in Table I shall be subject to redetermination by the State, pursuant to Article 28.
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Related to Determination of Capital Component of Transportation Charge for Costs Incurred Prior to the Billing Transition Date

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