Number of Customers Ratio Sample Clauses

Number of Customers Ratio. A ratio based on the number of retail electric and/or gas customers. This ratio will be determined annually based on the actual number of customers at the end of the previous calendar year and may be adjusted for any known and reasonably quantifiable events, or at such time as may be required due to significant changes.
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Number of Customers Ratio. For costs of products and services driven by the number of Utility customers, the allocation method that will be used will be the number of Utility customers for the respective Utility Subsidiary receiving the product or service divided by the total number of Utility customers, as determined by the calculated allocation factors in use as of March 31, 2018.
Sample 1
Number of Customers Ratio. Based on the number of customers at each utility subsidiary benefiting from the performance of a service. This ratio will be determined annually based on the average annual customer count and may be adjusted periodically due to a significant change. Regulated Global - 8 Allocator Factor - This formula will be determined annually based on the regulated Utility Subsidiaries' average of gross plant (original plant in service), gross payroll charges (salaries and wages, including overtime, shift premium and lost time, but excluding pension, payroll taxes and other employee benefits) and gross revenues during the previous calendar year and may be adjusted for any known and reasonable quantifiable events or at such time as may be required due to significant changes. The eight applicable regulated Utility Subsidiaries include: New York State Electric & Gas Corporation (NYSEG), Rochester Gas & Electric Corporation (RG&E), Central Maine Power Company (CMP), Berkshire Gas Company (BGC), The Southern Connecticut Gas Company (SCG), Connecticut Natural Gas Corporation (CNG), Maine Natural Gas Corporation (MNG), and New Hampshire Gas Corporation (NHGC). Regulated Global - 6 Allocator Factor - This formula is derived through utilization of the same data as the Regulated Global - 8 allocator factor above, but it is limited to data of the following six Utility Subsidiaries: NYSEG, CMP, SCG, CNG, RGE, and BGC. Regulated Global - 5 Allocator Factor - This formula is derived through utilization of the same data as the Regulated Global - 8 allocator factor above, but it is limited to data of the following five Utility Subsidiaries: NYSEG, CMP, SCG, CNG, and RGE. Regulated Global - 4 Allocator Factor - This formula is derived through utilization of the same data as the Regulated Global - 8 allocator factor above, but it is limited to data of the following four Utility Subsidiaries: NYSEG, CMP, SCG, and CNG. Electric Transmission Allocator Factor - This formula is used to allocate costs for the coordination and direction of electric transmission issues for the benefit of regulated electric Utility Subsidiaries and departments. The formula is derived through utilization of the same data as the Regulated Global allocator factors noted above, but it is limited to data of the electric operating companies or departments, namely, NYSEG, RG&E, and CMP. Commodity - Global Allocator Factor - This formula is used to allocate the cost of commodity planning, procurement, and sale when the s...
Sample 1
Number of Customers Ratio. Based on the number of customers at each Client Company benefiting from the performance of a service. This ratio will be determined annually based on the average annual customer count and may be adjusted periodically due to a significant change.
Sample 1
Number of Customers Ratio. A ratio, based on the sum of the firm domestic electric customers (and/or gas customers, where applicable) at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for a Client Company and the denominator of which is for all Client Companies.
Sample 1
Number of Customers Ratio. Based on the number of Utility distribution customers for the respective Utility Subsidiary receiving the product or service divided by the total number of Utility distribution customers.
Sample 1

Related to Number of Customers Ratio

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September 30, 2017, to exceed the ratio set forth below with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter ending September 30, 2017 5.50 to 1.00 Fiscal quarter ending December 31, 2017 4.50 to 1.00 Fiscal quarter ending March 31, 2018 4.50 to 1.00 Fiscal quarters ending June 30, 2018 and thereafter 3.00 to 1.00

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

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