Full cost recovery funding Sample Clauses

Full cost recovery funding. (a) Eligible expenses (i) Subject to this Agreement, the IESO will reimburse the LDC for all adequately documented costs and expenses actually paid or incurred, as applicable, by the LDC for the design, development and delivery of the CDM Plan and the Programs for which the LDC has elected to receive full cost recovery funding, in each case without fee or markup (collectively, “Eligible Expenses”), including: A. expenses incurred prior to the approval of the CDM Plan, to the extent such expenses relate exclusively to: (1) the LDC’s participation in the IESO’s consultative process for developing the form of this Agreement, Rules, guidelines and other related documents; or (2) the preparation of the CDM Plan; B. Participant Incentives paid in accordance with Program Rules; C. Participant Based Funding Amounts stipulated under the Program Rules; D. Administrative Expenses incurred in respect of the Programs for which it has elected to receive full cost recovery funding; and E. Post-Termination Administrative Costs. (ii) The costs of IESO Value Added Services will be allocated as an expense against the CDM Plan Budget, but such expenses cannot be claimed as Eligible Expenses. (iii) The IESO’s obligation to reimburse Eligible Expenses (including any that may be incurred after the term) will be limited to the amount of the CDM Plan Budget that is allocated to Programs that receive full cost recovery funding. (iv) The LDC will not be entitled to receive funding in a calendar year that exceeds the amount of the CDM Plan Budget that is allocated to Programs that receive full cost recovery funding for that year (net of any costs that are allocated against the CDM Plan Budget under section 4.2(a)(ii) that year) (the “Annual FCR Amount”) by 5% or more unless and until the LDC: (A) resubmits the CDM Plan to adjust the CDM Plan Budget accordingly; or (B) otherwise obtains the consent of the IESO. The LDC will be entitled to receive such funding up to the amount that is 5% over the Annual FCR Amount provided that the LDC is required to resubmit the CDM Plan to adjust the CDM Plan Budget accordingly within the following year. For greater clarity, in neither case shall the LDC exceed the total CDM Plan Budget. (b) Pre-funding (i) As part of the CDM Plan, the LDC may elect to receive a portion of its funding in advance and in accordance with the Settlement Requirements Rules. Upon the approval of the CDM Plan, the LDC may invoice the IESO for 25% (or a lesser amount as may ...
Sample 1
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Full cost recovery funding. (a) Eligible expenses (i) Subject to this Agreement, the IESO will reimburse the LDC for all adequately documented costs and expenses actually paid or incurred, as applicable, in each case without fee or markup, by the LDC for: A. the design, development and delivery of the CDM Plan and the Programs for which the LDC has elected to receive full cost recovery funding, including: 1 expenses incurred prior to the approval of the CDM Plan, to the extent such expenses relate exclusively to: (1) the LDC’s participation in the IESO’s consultative process for developing the form of this Agreement, Rules, guidelines and other related documents; or (2) the preparation of the CDM Plan;
Sample 1

Related to Full cost recovery funding

  • Cost Recovery The Parties acknowledge that the price for energy as described in Exhibit A includes the Consultant Commission described in Exhibit A to cover the cost of developing, implementing and operating the Aggregation. The Competitive Supplier agrees to include this cost adder in the Price for energy, and to make the monthly commission payments on behalf of Participating Consumers, in the manner described in Exhibit A, and acknowledges this obligation as a material obligation of this Agreement.

  • Cost Recovery Fee You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase electricity in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying the cost recovery fee (“Cost Recovery Fee”) set forth in the Contract Summary, which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the electricity you consume that is supplied by XOOM.

  • Cost Recovery for RSTEP Requests by Registry Operator for the approval of Additional Services pursuant to Section 2.1 may be referred by ICANN to the Registry Services Technical Evaluation Panel (“RSTEP”) pursuant to that process at xxxx://xxx.xxxxx.xxx/en/registries/rsep/. In the event that such requests are referred to RSTEP, Registry Operator shall remit to ICANN the invoiced cost of the RSTEP review within fourteen (14) calendar days of receipt of a copy of the RSTEP invoice from ICANN, unless ICANN determines, in its sole and absolute discretion, to pay all or any portion of the invoiced cost of such RSTEP review.

  • Program Funding Upon entry into force of this Compact, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Eight Million Eight Hundred Fifty Thousand United States Dollars (US$408,850,000) to support the Program (“Program Funding”). The allocation of Program Funding is generally described in Annex II to this Compact.

  • STUDENT TUITION RECOVERY FUND You must pay the state-imposed assessment for the Student Tuition Recovery Fund (STRF) if the following applies to you: 1. You are a student in an educational program, who is a California resident, or are enrolled in a residency program, and prepay all of part of your tuition either by cash, guaranteed student loans, or personal loans, and 2. Your total charges are not paid by any third-party payer such as an employer, government program or other payer unless you have a separate agreement to repay the third party. You are not eligible for protection from the STRF and you are not required to pay the STRF assessment if either of the following applies: 1. You are not a California resident, or are not enrolled in a residency program, or 2. Your total charges are paid by a third party, such as an employer, government program or other payer, and you have no separate agreement to repay the third party. The State of California created the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic losses suffered by students in educational programs who are California residents, or are enrolled in a residency programs attending certain schools regulated by the Bureau for Private Postsecondary and Vocational Education. You may be eligible for STRF if you are a California resident or are enrolled in a residency program, prepaid tuition, paid the STRF assessment, and suffered an economic loss as a result of any of the following: 1. The school closed before the course of instruction was completed. 2. The school’s failure to pay refunds or charges on behalf of a student to a third party for license fees or any other purpose, or to provide equipment or materials for which a charge was collected within 180 days before the closure of the school. 3. The school’s failure to pay or reimburse loan proceeds under a federally guaranteed student loan program as required by law or to pay or reimburse proceeds received by the school prior to closure in excess of tuition and other costs. 4. There was a material failure to comply with the Act or this Division within 30 days before the school closed or, if the material failure began earlier than 30 days prior to closure, the period determined by the Bureau. 5. An inability after diligent efforts to prosecute, prove, and collect on a judgment against the institution for a violation of the Act.

  • Shortfalls (i) If the amounts described in Section 2.3 are insufficient to pay the Class A Monthly Interest on any Distribution Date, payments of interest to the Class A Noteholders will be reduced on a pro rata basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date, together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the “Class A Shortfall”. Interest shall accrue on the Class A Shortfall at the Class A Note Rate.

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in the Summary Schedule (attached) are formally approved as actual costs for fiscal year 2022-23, and as estimated costs for fiscal year 2024-25 on a “fixed with carry-forward” basis. These costs may be included as part of the county departments’ costs indicated effective July 1, 2024, for further allocation to federal grants and contracts performed by the respective county departments.

  • PROJECT FUNDING 8.1 The Project Funding for completion of this PFA is as follows:[X]

  • Liquidation Proceeds Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.

  • Cost of Collection If default is made in the payment of this Note, Borrower shall pay the Holder hereof reasonable costs of collection, including reasonable attorneys' fees.

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