Planned Net Revenues for Risk Sample Clauses

Planned Net Revenues for Risk. The rates under this Agreement are based on the assumption that Bonneville’s power revenue requirement will not contain Planned Net Revenues for Risk or any risk mitigation tool that: (1) supports Bonneville’s power Treasury Payment Probability; (2) supports Bonneville’s credit rating; or (3) enhances Bonneville’s financial strength or financial standing by improving Bonneville’s cash position (“Risk Mitigation Tool” or “RMT”). If Bonneville adopts any RMT in its overall power revenue requirement as determined in the BP- 16 Final Proposal, then the following will apply: (i) The Annual Budget will decrease by 4.27% multiplied by the RMT. (ii) Notwithstanding section 12 above, Power Services will receive a payment of at least $50,834,800 + [8.2% × RMT] each year of the Rate Period from Transmission Services in exchange for planned balancing reserve capacity provided from the FCRPS as described in sections 3, 4 and 5 above. Power Services will set power rates with the revenue credit expectation that it will receive $54,834,800 + [8.2% × RMT] from Transmission Services. (iii) The ancillary and control area service rates in Attachment 2, ACS-16, sections II and III, will increase to collect each rate’s percentage share of the [8.2% × RMT] amount based on the following table: Regulating and Frequency Response Service 0.46% Dispatchable Energy Resource Balancing Service (DERBS) Inc 0.09% DERBS Dec 0.09% Operating Reserve - Spinning 1.65% Operating Reserve – Spinning default Function of Operating Reserves Spinning (115%) Operating Reserve - Supplemental 1.65% Operating Reserve – Supplemental default Function of Operating Reserves Supplemental (115%)
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Planned Net Revenues for Risk. The rates under this Agreement are based on the assumption that Bonneville’s power revenue requirement will not contain Planned Net Revenues for Risk (“PNRR”) or any other non-cost driven component to: (1) support Bonneville’s power Treasury Payment Probability, (2) support Bonneville’s credit rating, or (3) enhance Bonneville’s financial strength or financial standing by improving Bonneville’s cash position. If Bonneville adopts any such non-cost driven revenue requirement component (“NonCostPNRR”) in its overall power revenue requirement as determined in the BP-16 Final Proposal, then the following will apply:
Sample 1
Planned Net Revenues for Risk. The rates under this Agreement are based on the assumption that Bonneville’s power revenue requirement will not contain Planned Net Revenues for Risk or any other non-cost driven component to: (1) support Bonneville’s power Treasury Payment Probability,
Sample 1

Related to Planned Net Revenues for Risk

  • Annual Forecasts As soon as available and in any event no later than 90 days after the end of each Fiscal Year, forecasts prepared by management of the Borrower, in form satisfactory to the Administrative Agent, of balance sheets, income statements and cash flow statements on an annual basis for the Fiscal Year following such Fiscal Year.

  • Annual Evaluations The purpose of the annual evaluation is to assess and communicate the nature and extent of an employee's performance of assigned duties consistent with the criteria specified below in this Policy. Except for those employees who have received notice of non-reappointment pursuant to the BOT- UFF Policy on Non- reappointment, every employee shall be evaluated at least once annually. Personnel decisions shall take such annual evaluations into account, provided that such decisions need not be based solely on written faculty performance evaluations.

  • Annual Evaluation The Partnership will be evaluated on an annual basis through the use of the Strategic Partnership Annual Evaluation Format as specified in Appendix C of OSHA Instruction CSP 00-00-000, OSHA Strategic Partnership Program for Worker Safety and Health. The Choate Team will be responsible for gathering required participant data to evaluate and track the overall results and success of the Partnership. This data will be shared with OSHA. OSHA will be responsible for writing and submitting the annual evaluation.

  • Frequency of Evaluation Short form employees shall be evaluated one (1) time per year, which evaluation shall be completed no later than June 1.

  • TECHNICAL EVALUATION (a) Detailed technical evaluation shall be carried out by Purchase Committee pursuant to conditions in the tender document to determine the substantial responsiveness of each tender. For this clause, the substantially responsive bid is one that conforms to all the eligibility and terms and condition of the tender without any material deviation. The Institute’s determination of bid’s responsiveness is to be based on the contents of the bid itself without recourse to extrinsic evidence. The Institute shall evaluate the technical bids also to determine whether they are complete, whether required sureties have been furnished, whether the documents have been properly signed and whether the bids are in order. (b) The technical evaluation committee may call the responsive bidders for discussion or presentation to facilitate and assess their understanding of the scope of work and its execution. However, the committee shall have sole discretion to call for discussion / presentation. (c) Financial bids of only those bidders who qualify the technical criteria will be opened provided all other requirements are fulfilled. (d) AIIMS Jodhpur shall have right to accept or reject any or all tenders without assigning any reasons thereof.

  • Notice of Sales of Oil and Gas Properties In the event the Borrower or any Subsidiary intends to sell, transfer, assign or otherwise dispose of any Oil or Gas Properties or any Equity Interests in any Subsidiary in accordance with Section 9.12, prior written notice of such disposition, the price thereof and the anticipated date of closing and any other details thereof requested by the Administrative Agent or any Lender.

  • Minimum Shipping Requirements for TIPS Sales Vendor shall ship, deliver, or provide ordered goods and services within a commercially reasonable time after acceptance of the order. If a delay in delivery is anticipated, Vendor shall notify the TIPS Member as to why delivery is delayed and provide an updated estimated time for completion. The TIPS Member may cancel the order if the delay is not commercially acceptable or not consistent with the Supplemental Agreement applicable to the order.

  • Particular Methods of Procurement of Goods and Works International Competitive Bidding. Goods and works shall be procured under contracts awarded on the basis of International Competitive Bidding.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Additional Requirements for Sleeping Rooms The Contractor shall provide departing Attendees a secured area for storing belongings.

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