Allowance for Working Capital definition
Examples of Allowance for Working Capital in a sentence
All items included in the rate base, except for the Allowance for Working Capital, will be subject to depreciation.
The rate base of Alberta Clipper Canada will (except as provided in Paragraphs 7 and 9 below) comprise all Capital Costs, the Allowance for Funds Used During Construction, and the Allowance for Working Capital, less accumulated depreciation, subject to the provisions of Paragraph 10 below.
Allowance for Working Capital means an amount equal to 12.5% (approximately 45 days) of the O&M Costs.
In calculating annual depreciation expense (“Depreciation”) Carrier will use, in each Year of the Term, the depreciation rates set out in the schedule that is attached to the TSA as Schedule “D, and such depreciation rates shall be applied to all costs included in the Rate Base except for the Allowance for Working Capital.
The rate base of the Line 4 Extension will (except as provided in Paragraphs 7 and 9 below) comprise all Capital Costs, the Allowance for Funds Used During Construction, and the Allowance for Working Capital, less accumulated depreciation, subject to the provisions of Paragraph 10 below.