Collection Lag definition

Collection Lag means the average number of days between when retail electric customers of VEPCo are billed and when payments are received by VEPCo from such customers through the normal billing process.
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Collection Lag means the average number of days between when retail electric customers of Virginia Power are billed and when payments are received by Virginia Power from such customers through the normal billing process.
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Examples of Collection Lag in a sentence

  • Deferred Fuel Cost Charge Collections remitted will represent the charges estimated to be received for any period based upon Collection Lag and an estimated system-wide write-off percentage.

  • Annex II (Good Practice Guidance on Internal Controls, Ethics, and Compliance) should be revised in accordance with the OECD Due Diligence Guidance, in as far as it concerns adverse impacts that are caused or contributed to by the enterprise, i.e. the enterprise’s own activities, in relation to foreign bribery.

  • The Commission’s Order in Docket No. 12-0001 followed the precedent of the Commission’s decision in Docket No. 11-0721 in rejecting the AG/AARP Revenue Collection Lag adjustment.

  • AG/AARP claim that the record evidence supports Mr. Brosch’s Revenue Collection Lag adjustment, noting that AIC witness Heintz presented no new evaluationof AIC’s cash flows, instead relying on the study that was the basis for AIC’s CWC calculation in Docket No. 12-0001.

  • However, AG/AARP complain that reliance on the Orders in those dockets as a basis for rejecting Mr. Brosch’s adjustment to the AIC Revenue Collection Lag is misplaced.

  • AG/AARP continue to support Mr. Brosch’s proposed adjustment to the Revenue Collection Lag component of the AIC CWC calculation.

  • But the Tribunal has noted no evidence of water having entered the steering gear room from the rudder trunk throughthe 2nd deck.

  • In addition to the use of this unsupported, random methodology, AG/AARP claim that the evidence shows that AIC failed to incorporate any grace period in the calculation of the Revenue Collection Lag, contrary to the ComEd methodology adopted repeatedly by the Commission.

  • It has the effect of pushing a negative CWC adjustment into a positive CWC balance.3. ComEd Previously and Correctly Excluded Accounts Over 365 Days and Inactive Accounts From Its Collection Lag Study Because Those Accounts Are Unlikely To Ever Be Collected.

  • Hengtgen Dir., ComEd Ex. 2.0, 3:60-62.b. ComEd Correctly Determined the Collection Lag ComEd correctly determined its collection lag.

Related to Collection Lag

  • Collection site means the location of waste containers on collection day.

  • Collection Action means any of the following:

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Collection Report means the monthly report prepared by the Primary Servicer setting forth, with respect to each Mortgage Loan and the most recently ended Collection Period prior to the due date of such report, the information described on Exhibit G attached hereto.

  • SUBI Collections has the meaning set forth in the Indenture.

  • Collection Accounts As defined in Section 3.10(a).

  • CREFC® Advance Recovery Report A monthly report substantially in the form of, and containing the information called for in, the downloadable form of the “Advance Recovery Report” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Costs of Collection Includes, without limitation, all reasonable attorneys’ fees and reasonable out-of-pocket expenses incurred by any Agent’s attorneys, and all reasonable out-of-pocket costs incurred by any Agent in the administration of the Liabilities and/or the Loan Documents, including, without limitation, reasonable costs and expenses associated with travel on behalf of any Agent, where such costs and expenses are directly or indirectly related to or in respect of any Agent’s: administration and management of the Liabilities; negotiation, documentation, and amendment of any Loan Document; or efforts to preserve, protect, collect, or enforce the Collateral, the Liabilities, and/or the Agents’ Rights and Remedies and/or any of the rights and remedies of any Agent against or in respect of any guarantor or other person liable in respect of the Liabilities (whether or not suit is instituted in connection with such efforts). “Costs of Collection” also includes the reasonable fees and expenses of Lenders’ Special Counsel. The Costs of Collection are Liabilities, and at the Administrative Agent’s option may bear interest at the then effective Base Margin Rate.

  • Net Collections With respect to any Corrected Mortgage Loan, an amount equal to all payments on account of interest and principal on such Mortgage Loan.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • data collection means the collection and verification of meter reading data from natural gas meters; “data transfer” means the transfer of metered data to the GPRO;

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Credit and Collection Policies or “Credit and Collection Policy” means the policies, practices and procedures adopted by the Issuer on the Closing Date, including the policies and procedures for determining the creditworthiness of Obligors and the extension of credit to Obligors, or relating to the maintenance of those types of receivables and the related equipment and collections on those types of receivables and the related equipment.

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.