CRR Charge definition

CRR Charge means any CRR charge as defined in Section 24-2-4f(b)(7) of the Securitization Law that is authorized by the Financing Order. For the avoidance of doubt, CRR Charges shall not include any local tax surcharge or other tax adjustment that APCo or any successor Servicer is entitled to (and does) include in its Bills to Customers for the benefit of any municipal corporation, other tax levying corporation or other Governmental Authority, notwithstanding that a portion of such surcharges or adjustments may be computed on the basis of the CRR Charges included in such Bills, and all such tax surcharges or tax adjustments, including any compensation for additional state gross receipts taxes resulting therefrom, shall belong to APCo or the successor Servicer, as applicable, for the benefit of the applicable tax levying corporation or Governmental Authority, and APCo (or such successor Servicer, as applicable) shall retain sole responsibility to cause such adjustments and surcharges to be forwarded to the applicable Governmental Authority. If, for any reason APCo or any successor Servicer is not including any such tax surcharges or adjustments in its Bills to Customers or the Issuer is otherwise responsible for payment of any taxes, franchise fees or license fees imposed on consumer rate relief charges, then the CRR Charge shall be grossed up in accordance with Section 24-2-4f(b)(11)(G) of the Securitization Law to include any such taxes, franchise fees or license fees.
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CRR Charge means any CRR charge as defined in Section 24-2-4f(b)(7) of the Securitization Law that is authorized by the Financing Order.
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Examples of CRR Charge in a sentence

  • The CRR Charge will be adjusted no less frequently than annually, in accordance with the terms of the Servicing Agreement (as defined in the Financing Order), to ensure that the expected collection of CRR Charges is adequate to pay when due, pursuant to the expected amortization schedule, principal and interest on the CRR Bonds and together with all other financing costs, bond administrative expenses and other costs, as provided in the Financing Order, on a timely basis.

  • This rate schedule and the CRR Charge are irrevocable and nonbypassable.

  • Each individual Sales Customer is responsible for paying the CRR Charge billed to it in accordance with the terms of this rate schedule.

  • Such delivery pressure specific charges shall be equivalent to the CRR Charge as determined below at 14.65 per square inch, as defined above.

  • The CRR Charge shall be computed according to the formula described below.

  • Participating Gas Utilities may reflect the CRR Charge according to the delivery pressures defined in Participating Gas Utilities’ applicable tariffs.

  • If the resulting amount is negative, the CAISO shall calculate a CRR Charge for the relevant CRR Holder equal to that negative amount.

  • In addition to the foregoing, the Central Servicer shall be authorized to file CRR Charge True- Up Adjustment Letters with the Commission that adjust the CRR Charge more frequently (but not more often than quarterly) as required under the provisions of the Servicing Agreement (as defined in the Financing Order).

  • Changes to the CRR Charge will be effected through the filing of CRR Charge True-Up Adjustment Letters by the Central Servicer to the Commission as authorized by the Financing Order and in accordance with the Servicing Agreement.

  • Such product shall constitute the amount of Estimated CRR Charge Collections for such Servicer Business Day.

Related to CRR Charge

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Surrender Charge means a charge levied on the Fund Value at the time of surrender of the Policy.

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Water Charges means service charges in respect of the provision of water.

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay the customer's share of transition costs.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Transition bond charge means a charge, expressed as an

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;