Common use of Distribution of Excess Congestion Charges Clause in Contracts

Distribution of Excess Congestion Charges. Excess Transmission Congestion Charges accumulated in a month shall be distributed to each holder of Fixed Transmission Rights in proportion to, but not more than, any deficiency in the share of Transmission Congestion Charges received by the holder during that month as compared to its total target allocations for the month.

Appears in 3 contracts

Samples: Operating Agreement (Pp&l Resources Inc), Operating Agreement (Pp&l Resources Inc), Operating Agreement (Pp&l Inc)

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Distribution of Excess Congestion Charges. Excess Transmission Congestion Charges accumulated in a month shall be distributed to each holder of Fixed Transmission Rights FTR Holder in proportion to, but not more than, any deficiency in the share of Transmission Congestion Charges received by the holder FTR Holder during that month as compared to its total target allocations Target Allocations for the month.

Appears in 1 contract

Samples: Operating Agreement

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