Common use of PROJECT RATIO Clause in Contracts

PROJECT RATIO. Based on the total costs for any departmental or affiliate project 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 of which is for all operating companies and affected affiliate companies. This ratio will be determined on a monthly basis, or at such time as may be required due to significant changes.

Appears in 6 contracts

Samples: Service Agreement (Powergen PLC), Service Agreement (Powergen PLC), Utility Service Agreement (E on Ag)

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PROJECT RATIO. Based on the total costs for any departmental or ------------- affiliate project 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 of which is for all operating companies and affected affiliate companies. This ratio will be determined on a monthly basis, or at such time as may be required due to significant changes.

Appears in 1 contract

Samples: Utility Service Agreement (Powergen PLC)

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