Examples of CES Contract in a sentence
The term of the CES Contract is for 20 years, subject to early termination rights available to the GTAA.
The term of the CES Contract is 20 years, subject to early termination rights available to the GTAA.
The contract allows for payments by either party, depending on whether net electricity market revenues that the GTAA is deemed to have earned are greater or less than a predetermined threshold, as defined in the CES Contract.
The contract allows for payments by either party, depending on whether net electricity market revenues that the GTAA is deemed to have earned are greater or less than a predetermined threshold, as defined in the CES Contract.The carrying value of the CES Contract, which was evaluated at $44.6 million at January 1, 2015 following the merger of the OPA with the IESO, is being amortized on a straight-line basis over the remaining term of the contract.
The contract allows for payments by either party, depending on whether net electricity market revenues that the GTAA is deemed to have earned are greater or less than a predetermined threshold, as defined in the CES Contract.The carrying value of the CES Contract, which was evaluated at $44.7 million, is being amortized on a straight-line basis over the remaining term of the contract.
The amortization expense with respect to the CES Contract value for 2016 was $4.0 million (2015 – $4.0 million) and is included in the goods and services expense in the statements of operations and comprehensive income.The GTAA also recorded a deferred credit of $44.0 million, which is being amortized on a straight-line basis, over the term of 20 years.The unamortized balance at December 31, 2016 was $20.0 million (December 31, 2015 – $22.2 million).
The contract allows for payments by either party, depending on whether net electricity market revenues that the GTAA is deemed to have earned are greater or less than a predetermined threshold, as defined in the CES Contract.The CES Contract has been determined to be a derivative.
The contract allows for payments by either party, depending on whether net electricity market revenues that the GTAA is deemed to have earned are greater or less than a predetermined threshold, as defined in the CES Contract.The carrying value of the CES Contract, which was evaluated at $44.6 million, is being amortized on a straight-line basis over the remaining term of the contract.
The contract allows for payments by either party, depending on whether net electricity market revenues that the GTAA is deemed to have earned are greater or less than a predetermined threshold, as defined in the CES Contract.The carrying value of the CES Contract, which was evaluated at $44.6 million, is being amortized on a straight‐line basis over the remaining term of the contract.
The amortization expense with respect to the CES Contract value for 2019 was $4.0 million (2018 – $4.0 million) and is included in the goods and services expense in the consolidated statements of operations and comprehensive income.The GTAA also recorded a deferred credit of $44.0 million, which is being amortized on a straight-line basis, over the term of 20 years.