Base revenue definition

Base revenue means the Margin Revenue which Company would have derived had all gas sold on the LES Rate Schedule during a determination period, been sold under Rate Schedules GS-120K, GS-1,250K, GC-11M and GS-25M.

Base revenue means the revenue generated by perma- nent rates and charges, excluding:

Base revenue means the revenue generated by permanent rates and charges, excluding:

Examples of Base revenue in a sentence

• If at the end of the Performance Guaranty Period the Incremental Base Revenue does not equal or exceed the Performance Guaranty Amount, the Company shall have the right to draw down the surety bond or letter of credit by the difference between the Incremental Base Revenue and the Performance Guaranty Amount.

• If at the end of the Performance Guaranty Period the Incremental Base Revenue previously collected from the Customer does not equal or exceed the Performance Guaranty Amount, the Company shall have the right to permanently retain the remaining cash balance of the Performance Guaranty Amount.

• The term of this Agreement shall commence on the above written In-Service Date and end on the earlier of the Expiration Date, or on the date Incremental Base Revenue collected from the Customer equals the Performance Guaranty, whichever is earlier, unless terminated earlier pursuant to Section 3.1 or Section 3.5.

• Customer shall have the right to reduce the face value of the surety bond or letter of credit on an annual basis to reflect the difference between the Performance Guaranty Amount and the Incremental Base Revenue collected in the previous 12-month period.

More Definitions of Base revenue

Base revenue means the revenue which Company would have derived had all gas transported at rates prescribed, under the “currently applicable base rate,” during a determination period, been billed at the base transportation charge.

Base revenue means $2,092,691,000 adjusted upward by one and one-half percent a fiscal year beginning with the fiscal year immediately succeeding the fiscal year in which individual income tax general fund revenue first equals or exceeds $2,092,691,000.

Base revenue for Re-engineering Product Revenue, in millions of dollars, are as follows: 1999 calendar year $9.1; 2000 calendar year $11.4; and 2001 calendar year $14.2.

Base revenue means TWENTY-SIX MILLION EURO ((euro)26,000,000).

Base revenue shall equal $3,280,562.08 and shall mean the Companies' Gross Margin for the twelve (12) month period ending October 31, 1998, calculated in accordance with GAAP, including appropriate adjustments, including adjustments for bad debt reserves.

Base revenue is the portion of electric revenue received by the Company for electric service to the Premises consisting only of applicable base demand charges, base non- fuel energy charges and facilities rental charges, if applicable. Base Revenue excludes, without limitation, capacity, basic service, energy conservation, environmental, and fuel and purchased power recovery charges, franchise fees, and taxes.

Base revenue means the Company’s consolidated revenue for the year ending December 31, 2017 (as reported in the Company’s consolidated statement of operations for the year ending December 31, 2017 included in the Company’s Annual Report on Form 10-K (or any successor form) for the year then ending, as filed with the Securities and Exchange Commission (the “2017 Form 10-K”) as adjusted for 2018 operating plan Fx rates.