Revenue Allocation. Revenues generated by Clipper® during any period of time, including interest earnings on funds held by the clearinghouse and excluding fare revenues or parking fees collected on behalf of and distributed to Operators, shall be utilized as follows:
A. To offset MTC’s bank fees and direct bank charges related to the managing of the Clipper® accounts;
B. After deduction of MTC’s bank fees and charges under 3.A above, to reduce the Operators’ Clipper® operating costs listed in 2.B(i) above; and
C. After payment of Operators’ Clipper® operating costs listed in 2.B(i) above, to be allocated to Operators using the formula specified in Section 1 herein. Notwithstanding the above, fees charged cardholders for card acquisition, card replacement, balance restoration, failed Autoload funding recovery, card refund processing, and other card- related activities shall be reserved to pay for future card procurements; provided, however, that surcharges on limited use cards or other fare media imposed by an Operator to pay for the acquisition, implementation, administration and replacement of such fare media shall be distributed to and retained by such Operator. (For clarity, any surcharge imposed by an Operator as part of its fare structure shall be considered “fare revenue” and shall be distributed to and retained by such Operator.)
Revenue Allocation. Each of the parties hereby agrees to use commercially reasonable efforts to amend its current contractual arrangement with Ameren Energy Marketing Company (“AEM”) so that the revenues received by AEM from capacity, energy and/or ancillary services sales sourced solely from one or more of the transferred Energy Centers is allocated by AEM solely to the owner of such applicable Energy Center.
Revenue Allocation. On the date of this Agreement, Northwest, Gulfstream and KLM Royal Dutch Airlines (“KLM”) shall enter into a Multilateral Prorate Agreement in the form of Exhibit B attached hereto (the “Prorate Agreement”). Revenue from all ICCI will be allocated between Northwest and Gulfstream in accordance with the provisions of the Prorate Agreement.
Revenue Allocation. Owner shall be entitled to receive the following ------------------- payments relating to the VelocityHSI Services.
Revenue Allocation. The Parties hereto agree that the allocations of the increases in annual revenues for KU and LG&E electric operations, and that the allocation of the increase in annual revenue for LG&E gas operations, as set forth on the allocation schedules designated Stipulation Exhibit 3 (KU), Stipulation Exhibit 4 (LG&E electric), and Stipulation Exhibit 5 (LG&E gas) attached hereto, are fair, just, and reasonable..
Revenue Allocation. The revenue from Code Share Itineraries will be allocated between the Carriers in accordance with Exhibit C attached hereto. It is understood that tickets for Code Share Flights will be issued such that a separate coupon will be utilized for each flight segment. Revenue shall be settled through the Airline Clearing House (“ACH”).
Revenue Allocation. The revenue from Through Flights shall be allocated in accordance with the Revenue Settlement Agreement in effect between the carriers. The revenue to be allocated will be based on the ticketed fare, less any discount resulting from acceptance of mutually agreed to coupons or certificates. Excess baggage charges and other similar charges will be prorated on a segment basis.
Revenue Allocation. The Settling Parties agree that the revenue allocation results listed in Appendix B of this Agreement (“Phase 2 Revenue Allocation Agreement”) are reasonable and should be adopted by the Commission. The Phase 2 Revenue Allocation Agreement reflects all of SCE’s adopted revenue requirements, including transmission, distribution, SCE generation, nuclear decommissioning, public purpose programs, trust transfer amount, and the DWR Power Charge and DWR Bond Charge revenue requirements as of the date of this Agreement, with forecast revenue requirement changes for Phase 1 of SCE’s 2006 GRC in A.00-00-000 and SCE’s FERC rate case in ER06-186.
Revenue Allocation. All revenue derived from the operation and exploitation of the partnership or partnership assets and properties shall first be applied to the ongoing business obligations of the partnership, as may be reasonably determined by the Partners. Next, the Partners shall determine if sufficient revenues exist for the Partners to take draws for their respective capital accounts prior to retiring the partnership capital obligations, then all revenues derived by the partnership shall be applied to the payment of any and all capital advanced to the partnership, by the Partners or others, plus interest. All revenue derived by the partnership in excess of the partnership obligations, draws, paid in capital and interest, shall be deemed "net profits".
Revenue Allocation. 24. The revenue requirement decrease described in paragraph 3 above will be applied across all classes as shown in attached spreadsheet, Exhibit X.
