Forecast of the Annual Administrative Charge Sample Clauses

Forecast of the Annual Administrative Charge. The forecasted Annual Administrative Charge shall be calculated by multiplying the forecasted Annual Administrative Costs by a fraction, the numerator of which is the Total Annual Charge (without any allocation of the Annual Administrative Costs) reasonably forecasted by the Authority for the Purchase Period, and the denominator of which is the total revenue that the Authority reasonably forecasts it will receive during the Purchase Period from the operation of all of its systems (including from the Owner for the CDWTL system, but excluding any allocation of the Annual Administrative Costs). The forecast of the Annual Administrative Costs shall equal the actual Annual Administrative Costs for the immediately preceding Purchase Period, together with any reasonably expected deviations; provided that for the initial Purchase Period during the Term, the Authority shall use all reasonable efforts to establish accurate estimates of its Annual Administrative Costs. For example, if the Annual Administrative Costs are projected to be $300,000.00 for the Purchase Period, and forecasted Total Annual Charge (without any allocation of the Annual Administrative Costs) for the Purchase Period is expected to be $40,000.00 while the total revenue reasonably forecasted by the Authority from all sources (including from the Owner for the CDWTL system, but excluding any allocation of the Annual Administrative Costs) is projected to be $4,000,000.00; then the Owner’s proportionate share is $3,000.00.
Sample 1
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Related to Forecast of the Annual Administrative Charge

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