Billing Cycle Factor definition

Billing Cycle Factor means a factor applied to a bill amount in order to normalize to the length of the bill period plus 45 days for the purposes of calculating security deposit requirements, i.e., a monthly bill is adjusted by a Billing Cycle Factor of 2.5 and a quarterly bill is adjusted by a Billing Cycle Factor of 1.50;
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Examples of Billing Cycle Factor in a sentence

  • Customers Billed Bi-Monthly: Billing Cycle Factor (1.75) x estimated bill based on the customers average monthly load with the distributor during the most recent 12 consecutive months within the past two years.

  • Maximum Deposit and CalculationThe maximum amount of a security deposit, which API will require a Customer to pay, shall be calculated in the following manner: Billing Cycle Factor x Estimated Bill Estimated Bill CalculationThe estimated bill will be based on the location’s average monthly load with API, during the most recent 12 consecutive months, within the past two years.

  • THIS AGREEMENT is made and entered into this day of July, 2021, (the “Effective Date”) by and among BITTERSWEET HOMEOWNER’S ASSOCIATION, a unincorporated Vermont homeowners’ association with a place of business in the Town of Williston in the County of Xxxxxxxxxx and State of Vermont, (the “Association” herein) and the TOWN OF WILLISTON, a Vermont municipality in the County of Xxxxxxxxxx and State of Vermont, acting by and through its Selectboard (the “Town” herein) (collectively, the “Parties”).

  • The maximum amount of security deposit payment that Energy+ may collect shall be calculated as follows: Billing Cycle Factor x Estimated Bill = Security Deposit The Billing Cycle Factor is 2.5 for monthly-billed Customers.

  • Blackwater must be treated before disposal or reuse, either on or off site.

  • The maximum amount of a security deposit shall be calculated based on the Billing Cycle Factor multiplied by the estimated bill based on the Customer’s average monthly load during the most recent 12 consecutive months within the past two years (or Hydro One’s reasonable estimate of monthly load where there is insufficient history).

  • Transmitting two independent BPSKsymbols u1, u2 over the two times would use the available degrees of freedom more efficiently, but of course offers no diversity gain: an error would be made whenever one of the two channel gains h1, h2 is in deep fade.

  • Security deposit levels for new Customers shall be determined in the following manner: Billing Cycle Factor X estimated bill based on Customer’s average monthly load during most recent 12 consecutive months within the past two years.Where 12 consecutive months of relevant usage information within the past two years is not available, the Customer’s average monthly load shall be based on a reasonable estimate made by Hydro One.

  • The application will not be published and the continuing application will have an effective filing date of January 3, 2000.

  • Maximum Deposit CalculationThe maximum amount of a security deposit, which SLHI will require a Standard Customer to pay, shall be calculated in the following manner: Billing Cycle Factor x Estimated Bill Estimated Bill CalculationThe estimated bill will be based on the location’s average billing amount with the distributor, during the most recent 12 consecutive months, within the past two years.

Related to Billing Cycle Factor

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Billing cycle or billing period means the period for which regular electricity bills as specified by the Commission, are prepared for different categories of consumers by the licensee;

  • Billing Cycle for any Mortgage Loan and Collection Period means the billing period specified in the related Credit Line Agreement and with respect to which amounts billed are received during the Collection Period.

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Excess Cash Flow Payment Period with respect to the prepayment required on each Excess Cash Flow Application Date, the immediately preceding fiscal year of the Borrower.

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Average Delinquency Ratio on any Payment Date means the average of the Delinquency Ratios for the preceding three calendar months.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Loss Factor means the scaling factor determined in accordance with clause 7 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • Net Earned Premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends paid or accrued.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • NET INVESTMENT FACTOR The net investment factor for each subaccount is determined by dividing (1) by (2) and subtracting (3) from the result, where:

  • GDP price deflator means the average of the four implicit price

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.