Common use of INDUSTRIAL REVENUE RATIO Clause in Contracts

INDUSTRIAL REVENUE RATIO. Based on the sum of the electric industrial revenue at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an operating company or an affected affiliate company and the denominator or which is for all operating companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes.

Appears in 6 contracts

Samples: Service Agreement (Powergen PLC), Utility Service Agreement (Powergen PLC), Service Agreement (Powergen PLC)

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