Temporary to Permanent Rate Recoupment Sample Clauses

Temporary to Permanent Rate Recoupment. The Settling Parties recognize that the Commission authorized a temporary rate increase for the Company, for service rendered as of September 23, 2021. Lakes Region Water Company, Inc., Order No. 26,533 (September 23, 2021). As the Settling Parties agree that implementation of the Permanent Rate Revenue Requirement and resulting rates will be a decrease from most customers’ temporary rates, a majority of the Company’s customers will receive a credit for the difference between the temporary rates and the ultimately approved permanent rates. Per the section above regarding the effective date of Permanent Rate Revenue Requirement and Step I rates, the Settling Parties agree, subject to Commission approval, that the effective date that the new permanent rates shall go into effect shall be the same date upon which the Commission issues its order approving the Step I adjustment. As such, the time period for the temp-to-perm recoupment shall also be from September 23, 2021 through the date of the Commission’s order approving Step I rates. The Settling Parties also agree that the temp-to- perm recoupment will apply solely to the Permanent Rate Revenue Requirement, which will result in a credit to most customers, and not the Step I increase and its resulting rate increase which, if implemented and considered the final rate for temporary to permanent rate recoupment purposes, would result in a surcharge to customers. RSA 378:29. The Company agrees to submit its temporary to permanent rate calculation and proposed recoupment within 30 days of the Commission’s order approving Step I and its resulting rates. The DOE agrees to review the temporary to permanent rate submission, which includes the possibility of propounding discovery, and submit a report to the Commission, in coordination with the Company, for Commission approval of the resulting credit or surcharge.
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Temporary to Permanent Rate Recoupment. The Settling Parties recognize that the Commission authorized a temporary rate increase for the Company, for service rendered as of June 30, 2021. Hampstead Area Water Company, Inc., Order No. 26,566 (January 17, 2022). As such, the Company is entitled to file for temporary to permanent rate recoupment, per RSA 378:29. The Settling Parties, furthermore, agree and recommend that the temporary to permanent rate recoupment applies only to the time period from the effective date of temporary rates (June 30, 2021) through the date of the Commission Order approving the Settlement Agreement, permanent rate revenue requirement, and resulting permanent rates. The recoupment period does not extend to the proposed resulting rates of the Step I or Step II Adjustment. The Company agrees to submit its temporary to permanent rate calculation and proposed recoupment within 30 days of the Commission’s order approving this Settlement Agreement. The DOE agrees to review the temporary to permanent rate submission, which includes the possibility of propounding discovery, and submit a report to the Commission, in coordination with the Company, for Commission approval of the resulting proposed credit or surcharge.
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Related to Temporary to Permanent Rate Recoupment

  • Temporary Interruption of Employment When the Employer declares that a temporary interruption of employment should be considered because of lack of funds, either party may provide the other with written notice to meet and discuss possible terms of such interruption or alternative options. Such meeting must occur within thirty (30) days of the declaration. Terms and alternatives shall be subject to mutual agreement by the Union and the Employer. The parties agree that any and all discussions that take place under this Section shall not be subject to the Complete Agreement articles of any of the agreements or constitute interim negotiations under PECBA. In addition, the parties will not be required to use the dispute resolution process contained in the PECBA.

  • Temporary Disability In the event that the Executive shall be disabled for not more than 90 consecutive days or any 90 days during any twelve (12) - month period during the Term, then the Executive, during the continuance of such disability, shall remain employed by the Company hereunder and shall continue to be paid his Annual Salary and Bonus and otherwise shall have all of the rights and be subject to all of the Executive's obligations and duties under this Agreement, other than the obligation and duty to render the Services otherwise in accordance with this Agreement.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes

  • Utilization of Sick Leave with Pay Temporary employees who have earned sick leave credits in their temporary appointment shall be eligible for sick leave for any period of absence from employment due to any of the following reasons: • illness; • bodily injury; • disability resulting from pregnancy; • necessity for medical or dental care; • if the employee is a victim of domestic violence, harassment, sexual assault, or stalking; or the parent or guardian of a minor child or dependent who is a victim of domestic violence, harassment, sexual assault or stalking, pursuant to ORS 659A.270 through 659A.290; • attendance at an employee assistance program; • exposure to contagious disease; • for the emergency repair of personal assistive devices which are medically necessary for the employee to perform assigned duties; • attendance upon members of the employee’s or the employee’s spouse’s immediate family, or the equivalent of each for domestic partners, (parent, wife, husband, children, brother, sister, grandmother, grandfather, grandchild, or another member of the immediate household) where the employee’s presence is required because of illness or death; • parental leave. The employee has the duty to insure that they make other arrangements, within a reasonable period of time, for the attendance upon children or other persons in the employee’s care. Certification of an attending physician or practitioner may be required by the Agency to support the employee’s claim for sick leave if the employee is absent in excess of seven (7) days, or if the Agency has evidence that the employee is abusing sick leave privileges. The Agency may also require such certificate from an employee to determine whether the employee should be allowed to return to work where the Agency has reason to believe that the employee’s return to work would be a health hazard to either the employee or to others. (See Section 4 for FMLA and OFLA.)

  • Temporary Disability Leave Employees who are physically unable to perform the functions of their position for medical reasons, may be placed on temporary disability leave. Temporary disability leave shall be granted for illness, injury, surgery, or because of pregnancy or childbirth and shall only be granted for the period of actual disability and shall not exceed one (1) year, or two (2) years in the event of an on-the-job injury.

  • Temporary Employment (a) A temporary employee is an employee employed to work full-time or part-time for a specified maximum period of time which is not normally to exceed 12 months or to undertake a specific project. An employee may be employed as a temporary employee in the following circumstances:

  • Termination due to Force Majeure 13.5.1 If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, either Party shall have the right to cause termination of the Agreement. In such an event, this Agreement shall terminate on the date of such Termination Notice.

  • Determination of Service for Sick Leave with Pay Actual time worked and all leave with pay, except for educational leave, shall be included in determining the pro rata accrual of sick leave credits each month, provided that the employee works thirty-two (32) hours or more in that month.

  • TERM, TERMINATION & SUSPENSION The Company may terminate this Agreement with You at any time for any reason, with or without cause. The Company specifically reserves the right to terminate this Agreement if You violate any of the terms outlined herein, including, but not limited to, violating the intellectual property rights of the Company or a third party, failing to comply with applicable laws or other legal obligations, and/or publishing or distributing illegal material. If You have registered for an account with Us, You may also terminate this Agreement at any time by contacting Us and requesting termination. At the termination of this Agreement, any provisions that would be expected to survive termination by their nature shall remain in full force and effect.

  • DETERMINATION OF BREACH AND TERMINATION OF AGREEMENT A. Prior to making a determination that the Applicant has failed to comply in any material respect with the terms of this Agreement or to meet any material obligation under this Agreement, the District shall provide the Applicant with a written notice of the facts which it believes have caused the breach of this Agreement, and if cure is possible, the cure proposed by the District. After receipt of the notice, the Applicant shall be given ninety (90) days to present any facts or arguments to the Board of Trustees showing that it is not in breach of its obligations under this Agreement, or that it has cured or undertaken to cure any such breach.

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