Annual Refund definition

Annual Refund means the annual refund, if any, provided to Purchaser and calculated pursuant to the procedures specified in Section 3.2(c).
Annual Refund means the annual refund, if any, provided to Purchaser and calculated pursuant to the procedures specified in Section 4.5.
Annual Refund means eighty percent (80%) the annual refund, if any, provided to FGU or a Delivery Year in accordance with the terms of the Project Participant Agreement and following the release of funds to BBE for such purposes under the terms of the Bond Indenture.

Examples of Annual Refund in a sentence

  • Monthly Discount Percentage: For each Month of the Initial Reset Period, [ ]%, and for each Month of any other Reset Period, the percentage determined by the Calculation Agent pursuant to the Re- Pricing Agreement, exclusive of any Annual Refund; provided that the Monthly Discount Percentage shall be 0% following the end of the Delivery Period.

  • In addition to any Monthly Discount Percentage applied to Energy Scheduled hereunder, Issuer shall credit such Annual Refund to Purchaser as may be available for distribution by Issuer pursuant to Section 5.12(b) of the Bond Indenture during the Delivery Period, subject to the provisions of this Section 3.3. Such Annual Refund, if any, shall be credited to the next amount due from Purchaser following the release of funds for such purpose to Issuer under the terms of the Bond Indenture.


More Definitions of Annual Refund

Annual Refund means the annual refund, if any, provided to Purchaser andcalculated pursuant to the procedures specified in Section 3.2(c).
Annual Refund means eighty percent (80%) the annual refund, if any, provided to FGU for a Delivery Year in accordance with the terms of the Project Participant Agreement and following the release of funds to BBE for such purposes under the terms of the Bond Indenture.

Related to Annual Refund

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Annual means per insurance year.

  • Annual Report means any Annual Report provided by the Issuer pursuant to, and as described in, Sections 3 and 4 of this Disclosure Certificate.

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Bonus means the bonus described in the Section 2.3.