Distribution Charges Clause Samples
Distribution Charges. Even if we are not, or are no longer, supplying you with energy under this agreement because you choose to purchase electricity from an authorised electricity retailer, we will still charge you, and you must pay, for network charges under this agreement. The network charges will reflect the charges that would be charged by your local distributor if you were not an in embedded network.
Distribution Charges. The charge on each customer's bill for delivering electricity from your EDC to your home or business, including the Customer Charge. The Distribution Charge is regulated by the Commission. It will vary according to how much electricity you use.
Distribution Charges. Distribution charges for product received at a location other than the ▇▇▇▇ & ▇▇▇▇ production facility will be based upon actual costs to ▇▇▇▇ & ▇▇▇▇, and are subject to quarterly review and revision prior to the beginning of each quarter.
Distribution Charges. The Dealer will be paid a distribution charge of [__]% of the aggregate NAV per share of the Shares sold by the Dealer, calculated as of the last day of each month. Notwithstanding the foregoing, (i) no distribution charge will be paid to the Dealer unless and until the Company has sold $2,000,000 of the Shares, (ii) no distribution charge will be paid to the Dealer at any time with respect to Shares issued pursuant to the Company's distribution reinvestment plan, and (iii) no distribution charge will be paid with respect to Shares offered or sold in Pennsylvania until the registration of the Shares has been declared effective by the Securities Commissioner of the State of Pennsylvania. Dealer acknowledges that Distributor has entered into (i) a Distribution Agreement pursuant to which Distributor has agreed that it shall not be entitled to receive distribution charges that exceed, in the aggregate, 10% of the total aggregate NAV per share of the Shares sold by or through the Distributor, and (ii) Selling Agreements substantially similar to this Agreement with other NASD member broker-dealers. Dealer agrees that Dealer shall not be entitled to receive any distribution charge after the earlier of (A) the date on which the aggregate distribution charges paid by the Company to the Distributor equal to or exceed 10% of the total aggregate NAV per share of the Shares sold by or through the Distributor (including Shares sold pursuant to this Agreement and any other Selling Agreement with any other NASD member broker-dealer), calculated as of such date, and (B) the thirty-year anniversary of the Effective Date. The parties hereby agree that (i) the foregoing distribution charge is not in excess of the usual and customary distributors' or sellers' commission received in the sale of securities similar to the Shares, (ii) that Dealer's interest in the offering pursuant to this Selling Agreement is limited to such distribution charge from the Distributor and Dealer's indemnity referred to in Section 6 of the Distribution Agreement, and (iii) that the Company is not liable or responsible for the direct payment of such distribution charge to the Dealer. The parties hereby agree that the rates of any distribution charge paid with respect to any Shares, including outstanding Shares, are subject to change by Distributor from time to time, upon 10 days' written notice, and any calculation of fees after the effective date of such change will take into account the new rate w...
Distribution Charges. For service at secondary voltage level (less than 4.8 kV)
Distribution Charges. The following Distribution Charges are applicable to Microsoft if Microsoft adds new Special Contract Service through a new Distribution Point of Delivery from a feeder through which Microsoft currently receives Special Contract Service at an existing Distribution
a) Microsoft-specific Monthly Distribution Charge calculated by multiplying the Monthly Energy usage by the applicable rate(s): i. Primary Voltage consumption: $0.016377 / kWh
Distribution Charges. The Customer must pay the ROL Holder:
(a) Distribution Charges for the Distribution Services;
(b) for the services referred to in clauses 8(a) to 8(d), the relevant Other Distribution Charges;
(c) for the services referred to in clause 8(e), where:
(i) ROL Holder has indicated that it is prepared to offer the further service; and
(ii) ROL Holder has stated the terms of providing the further service, including the price and payment of a deposit; the price stated if it is a fixed price, otherwise a reasonable price having regard to the cost (including administration and overhead costs) to ROL Holder in undertaking the further service;
(d) any money due by ROL ▇▇▇▇▇▇, to the holder of another resource operations licence, where the ROL Holder has diverted water that has been taken by the Customer.
Distribution Charges. The distribution charges in the retail delivery rates will become effective on the Retail Access Date and will remain in effect through December 31, 2000 on the following terms.
(a) Mass. Electric shall be authorized to implement the depreciation rates shown in Attachment 5 as of the effective date of the retail delivery rates.
(b) Mass. Electric shall be authorized to establish a storm fund to pay for all of the incremental costs of any major storm, defined as any storm with incremental costs of over $1.0 million occurring after the date this Settlement is approved by the Department. The storm fund will be prefunded with $3.0 million on August 1, 1996 pursuant to footnote 2 above. The distribution component of the retail delivery rates contains a $3.0 million accrual for this charge and Mass. Electric shall begin to accrue this amount to the fund on an annual basis commencing on the date when the retail delivery rates become effective. The accrual shall continue at $3.0 million per year until a modification is approved by the Department following a filing by Mass. Electric. Mass. Electric is authorized to charge all incremental costs of major storms against the fund and to pay or accrue interest on the fund balance whether positive or negative in accordance with the protocols for the fund set forth in Attachment 6.
(c) This Settlement is based on the existing separation of distribution and transmission facilities on the integrated NEP and Mass. Electric systems, and thus assumes that all property owned by Mass. Electric, except for those facilities that are paid for by NEP pursuant to the Integrated Facilities Schedule III-B of Tariff 1, is subject to the Department's ratemaking jurisdiction when it is used to provide access to retail customers.
(1) As set forth below, the parties agree that this separation is reasonable and appropriate, and should be approved by FERC and the Department for ratemaking purposes as part of this Settlement. However, approval of the jurisdictional separation of facilities without change is not a condition of this Settlement, and Mass. Electric and NEP will modify the separation in a manner that is necessary to accommodate __________ 1 An analysis that supports the jurisdictional separation and demonstrates its compliance with the seven factor test established by FERC in Order 888 is included in Attachment 12. the policies of the Commission and the Department. In the event that facilities or costs are transferred from transmis...
Distribution Charges. The derivation of the distribution rate components for all customer classes are presented in Exhibit 4, with reference to the rate design studies included as Exhibit 4 Attachment 1, Exhibit 3 Attachments 1 through 5 and Exhibit 4 Attachment 2 (containing the Cost of Service Workpapers). The adoption of this rate design for purposes of this settlement does not represent agreement as to any specific methodology or calculation for the derivation thereof. The bill impacts resulting from the increase in base distribution rates is presented in Exhibit 5, which shows the impact of the higher permanent base distribution rates, and a small increase in the Local Delivery Adjustment Clause (“LDAC”) due to a change in the low income discount and recovery of the non- distribution portion of the NHPUC assessment, offset by the decrease in the base component of the Cost of Gas rates,5 compared to the permanent rates that were previously in effect. The step adjustment increases effective May 1, 2012, shall be applied as equal percentage increases to each distribution rate component. The rate design for the step adjustments is provided in Exhibit 6. The bill impacts associated with this change are provided in Exhibit 7. 5 Adjustments in the Cost of Gas include indirect costs, bad debt and working capital.
