Excess Demand Charge Sample Clauses

Excess Demand Charge. Once Grand Prairie’s Maximum Day Usage exceeds two and a half (2.5) MGD, Grand Prairie may then become subject to Excess Demand Charges. The Maximum Day Usage that occurs within the Rate Year in which Grand Prairie exceeds two and a half (2.5) MGD shall establish the Maximum Day Demand used to determine the initial Maximum Allowed Rate of Flow. Subsequent Maximum Allowed Rate of Flow limitations shall be adjusted to reflect Grand Prairie’s Maximum Day Demand. If during the Rate Year, Grand Prairie’s actual Rate of Flow exceeds the Maximum Allowed Rate of Flow, Grand Prairie shall pay to Arlington the Excess Demand Charge. The Excess Demand Charge shall be calculated by subtracting Grand Prairie’s then in effect Maximum Day Demand from Grand Prairie’s actual Maximum Allowed Rate of Flow (converted to MGD). The Excess Demand, stated in MGD, shall be multiplied by the Demand Rate and then multiplied by a factor of 1.25 times. Upon exceeding the then current Maximum Allowed Rate of Flow, a new Maximum Allowed Rate of Flow will be established for the Rate Year. The newly established Maximum Allowed Rate of Flow will be subject to any future Excess Demand Charges if the newly established Maximum Allowed Rate of Flow is exceeded during the Rate Year. If during the Rate Year Grand Prairie requests an increase in demand, to be in effect during that Rate Year, above the then in effect Maximum Allowed Rate of Flow, Grand Prairie will be levied an Excess Demand Charge. Grand Prairie shall be provided the Excess Demand Charge billing with full payment due within thirty (30) days from receipt of invoice. The Excess Demand Charge shall be on a per occurrence basis and not applied as an ongoing charge and shall not be applicable in the event of negligence or operator error on the part of Arlington or in the event of equipment failure on equipment controlled by Arlington. It is agreed that the Excess Demand Charge and adjustment to the Maximum Day Demand that would normally be applicable shall not apply for Emergency withdrawals provided that Arlington is notified in writing within 48 hours of the occurrence of an Emergency condition. In any event, the Raw Water Charge and Volume Charge for all Treated Water delivered shall be due and payable as described elsewhere herein. Example – Actual Rate of Flow Exceeds Maximum Allowed Rate of Flow Excess Demand Calculation Maximum Day Demand 2.5 MGD Rate of Flow Margin x 1.25 Maximum Daily Rate of Flow 3.13 MGD Conversion to gpm di...
Sample 1
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Excess Demand Charge. For each kW of the Customer's Measured Demand that is classified as Excess Demand, a charge, in addition to the Base Demand Charge, of $6.00/kW.
Sample 1

Related to Excess Demand Charge

  • Operating Expense Limit The Fund’s maximum operating expense limits (each an “Operating Expense Limit”) in any year shall be that percentage of the average daily net assets of the Fund as set forth on Schedule A attached hereto and incorporated by this reference.

  • Administrative Expenses Notwithstanding anything to the contrary contained in the Current HPA as amended by this Second Amendment, HFA and Eligible Entity may from time to time submit adjusted budgets to Treasury requesting approval to re-allocate HHF Funds to pay actual program expenses as set forth on a proposed Schedule C. In the event that Treasury shall approve an adjusted budget, in Treasury’s sole discretion, the parties shall enter into an amendment to the HPA to modify Schedules A, B and C as necessary.

  • Expense Limit Contractor shall not invoice the JBE, and the JBE has no obligation to reimburse Contractor, for expenses of any type that exceed in the aggregate the amount of: $[Dollar amount] for the Initial Term and $[Dollar amount] for the Option Term.

  • Monthly Investor Report On each Payment Date, the Indenture Trustee will deliver the Monthly Investor Report to each Noteholder of record as of the most recent Record Date (which delivery may be made by e-mail to the e-mail addresses in the Note Register without need for confirmation of receipt or by making the report available to the Noteholders through the Indenture Trustee’s website, which initially is located at xxxxx://xxxxxxxxxxxxxxxxxxxx.xxxxxxxxx.xxx).

  • Applicable Expense Limit To the extent that the aggregate expenses of every character incurred by a Fund in any fiscal year, including but not limited to investment advisory fees of the Adviser (but excluding interest, distribution fees pursuant to Rule 12b-1 Plans, taxes, acquired fund fees and expenses, brokerage commissions, dividend expenses on short sales, and other expenditures which are capitalized in accordance with generally accepted accounting principles and other extraordinary expenses not incurred in the ordinary course of such Fund’s business) (“Fund Operating Expenses”), exceed the Maximum Annual Operating Expense Limit, as defined in Section 1.2 below, such excess amount (the “Excess Amount”) shall be the liability of the Adviser.

  • Excess Costs If the Permitted Costs exceeds the Finish Allowance, then Tenant shall pay all such excess costs (“Excess Costs”), provided, however, Landlord will, prior to the commencement of construction of Tenant’s Improvements, advise Tenant of the sum of the Contract Sum and the Construction Management Fee (the “Cost Estimate”). Tenant shall have five (5) business days from and after the receipt of such advice within which to approve or disapprove the Contract Sum and Cost Estimate. If Tenant fails to approve same by the expiration of the fifth such business day, then Tenant shall be deemed to have approved the Proposed Contract Sum and Cost Estimate. If Tenant disapproves the Contract Sum and Cost Estimate within such five (5) business day period, then Tenant shall either reduce the scope of Tenant’s Improvements such that the Contract Sum and Construction Management Fee do not exceed the Finish Allowance or, at Tenant’s option, Landlord shall obtain two (2) additional bids, provided that each day beyond such five (5) business day period and until the rebid is accepted by Tenant shall constitute a Tenant Delay hereunder. The foregoing process shall continue until a Contract Sum and Cost Estimate are accepted or deemed accepted by Tenant. Landlord and Tenant must approve (or be deemed to have approved) the Contract Sum for the construction of Tenant’s Improvements in writing prior to the commencement of construction.

  • Excess TI Costs Landlord shall have no obligation to bear any portion of the cost of any of the Tenant Improvements except to the extent of the TI Allowance. If at any time the remaining TI Costs under the Budget exceed the remaining unexpended TI Allowance, Tenant shall deposit with Landlord, as a condition precedent to Landlord’s obligation to complete the Tenant Improvements, 100% of the then current TI Cost in excess of the remaining TI Allowance (“Excess TI Costs”). If Tenant fails to deposit any Excess TI Costs with Landlord, Landlord shall have all of the rights and remedies set forth in the Lease for nonpayment of Rent (including, but not limited to, the right to interest at the Default Rate and the right to assess a late charge). For purposes of any litigation instituted with regard to such amounts, those amounts will be deemed Rent under the Lease. The TI Allowance and Excess TI Costs are herein referred to as the “TI Fund.” Funds deposited by Tenant shall be the first disbursed to pay TI Costs. Notwithstanding anything to the contrary set forth in this Section 5(d), Tenant shall be fully and solely liable for TI Costs and the cost of Minor Variations in excess of the TI Allowance. If upon completion of the Tenant Improvements and the payment of all sums due in connection therewith there remains any undisbursed portion of the TI Fund, Tenant shall be entitled to such undisbursed TI Fund solely to the extent of any Excess TI Costs deposit Tenant has actually made with Landlord.

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