Customer Cap definition

Customer Cap means an amount equal to 10% of the Estimated Cost as at the Commencement Date;
Sample 1Sample 2Sample 3
Customer Cap means an amount equal to 10% of the Base Price as at the Commencement Date;1
Sample 1Sample 2Sample 3
Customer Cap means an amount equal to 10% of the Estimated Project Cost as at the Commencement Date;
Sample 1

Examples of Customer Cap in a sentence

  • For the avoidance of doubt any sums recovered by the Customer under an insurance policy or any contract and paid to Network Rail shall contribute to the Customer Cap insofar as the Customer Cap has not already been reached.

  • The Customer's maximum aggregate liability to Network Rail for any reason arising under, or in connection with, this Agreement or the Project shall not exceed an amount equal to the Customer Cap.

  • Notwithstanding the Customer Cap where, in respect of the same event, the Customer recovers any sums under an insurance policy (including any insurance maintained by a contractor employed by the Customer) or under any contract entered into by the Customer, it shall pay such sums (if and to the extent, that such payments relate to loss suffered by Network Rail and not by the Customer itself) to Network Rail.

  • Differential Impact of Large Customer Cap and RCT on CustomersIt is important to note that the large customer cap is more stringent than the RCT for three reasons: the level of the cap, the direct vs.

  • Network Rail shall notify the Customer of any proposal to appoint a Contractor to carry out any material design services or works and where practicable shall give the Customer a reasonable opportunity to comment on the proposal 5 When NR requires access to the Customer's property, express additional wording must be inserted here and in clause 12.7 to ensure the costs arising from failure to grant access would not be included in the Customer Cap.

  • In our May 2008 conclusions we required Network Rail to modify these provisions so that the Network Rail cap (like the Customer Cap) is adjusted in light of any sum which is recoverable from its contractors or insurers.

  • Notwithstanding the Customer Cap where, in respect of the same event, the 11 This will be based on that agreed with the Customer representing a pre-estimate of the Customer's loss which will be negotiated by the Parties acting reasonably.

  • Notwithstanding the Customer Cap where, in respect of the same event, the Customer recovers any sums under an insurance policy (including any insurance maintained by a contractor employed by the Customer) or under any contract entered into by the Customer, it shall pay such sums (if and to the extent that such payments relate to loss suffered by Network Rail and not by the Customer itself) to Network Rail.

  • The application site, comprising the island site and main car parks has no relevant planning history, with only minor proposals relating to the main Tesco store.

  • Of the amount 15 assigned to New Mexico retail customers, $5,846,265 will be recovered through 16 through fuel (page 1, column D, line 19), and $16,490,722 (page 1, column C, 17 line 19) through the RPS Rider for the Plan Year and $5,941,922 (page 2, 7 Incremental RPS costs include: wind and solar REC costs, uneconomic energy costs under the SunE PPAs, DG incentives and administration costs, WREGIS registration costs, and costs in excess of the Large Customer Cap.


More Definitions of Customer Cap

Customer Cap means an amount equal to 10% of the Estimated Works Cost as at the Commencement Date1;
Sample 1

Related to Customer Cap

  • Customer User means an employee of Customer, a Customer Affiliate or Business Partner.

  • Customer Usage Data means the Telecommunications Services usage data of a CLEC End User measured in minutes, sub-minute increments, message units, or otherwise, that is recorded by SBC-13STATE and forwarded to CLEC.

  • Customer Group means Customer and any of its Affiliates;

  • Customer Content means all software, data (including personal data), information, text, images, audio, video, photographs, non-AVEVA or third-party applications, and other content and material, in any format, provided by Customer, any of Customer’s users, or on behalf of Customer that is stored in, or run on or through, the Products and Support Services.

  • Customer Systems means the Customer's information technology infrastructure, including computers, software, hardware, databases, electronic systems (including database management systems), and networks, whether operated by Customer or through the use of third-party services.

  • END USER CUSTOMER LOCATION means the physical location of the premises where an End User makes use of the telecommunications services.

  • Customer Site means the site owned or leased by the Customer or any other site used to provide the Service, which is directly connected to a PoP managed by Liquid Telecom, as set out in the COF;

  • Customer Support means the services by which 21Vianet may provide assistance to Customer to resolve issues with the Services.

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • End User Customer means a third party retail Customer that subscribes to a Telecommunications Service provided by either of the Parties or by another Carrier or by two (2) or more Carriers.

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III. Network External Designated Transmission Service:

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).

  • Service Users has the same meaning as defined in the Service Agreement (Part A) – Standard Terms of Funding.

  • Existing Customer means an individual who has purchased goods or services from a person, who is the recipient of a voice communication from that person, and who either paid for the goods or services within the 12 months preceding the voice communication or has not paid for the goods and services at the time of the voice communication because of a prior agreement between the person and the individual.

  • Business Customer means a customer who is not a residential customer.

  • Net metering customer means a customer of the electric distribution company

  • Customer-Funded Upgrade means any Network Upgrade, Local Upgrade, or Merchant Network Upgrade for which cost responsibility (i) is imposed on an Interconnection Customer or an Eligible Customer pursuant to Tariff, Part VI, section 217, or (ii) is voluntarily undertaken by a New Service Customer in fulfillment of an Upgrade Request. No Network Upgrade, Local Upgrade or Merchant Network Upgrade or other transmission expansion or enhancement shall be a Customer-Funded Upgrade if and to the extent that the costs thereof are included in the rate base of a public utility on which a regulated return is earned. Customer Interconnection Facilities:

  • Customer Software means software which is owned by or licensed to the Customer;

  • service supplier means any person that supplies a service;

  • Network Service User means an entity using Network Transmission Service.

  • Customer Services means the call centre for dealing with queries about your Card. You can contact Customer Services by calling 01 693 3333, or contacting us directly.

  • Unique User ID means a string of characters that identifies a specific user and which, in conjunction with a password, passphrase or other mechanism, authenticates a user to an information system.

  • Customer Portal means a web portal maintained by Liferay or a Liferay Affiliate that provides for various resources accessible to Liferay Subscription customers as further described in Section 2.1 below.

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • Native Load Customers means the wholesale and retail power customers of a Transmission Owner on whose behalf the Transmission Owner, by statute, franchise, regulatory requirement, or contract, has undertaken an obligation to construct and operate the Transmission Owner’s system to meet the reliable electric needs of such customers.