Examples of Customer Contribution in a sentence
Nothing in this paragraph will limit the Customer Contribution to less than $200,000,000.
Any adjustment shall not alter the maximum level of the Customer Contribution or State Cost Cap.
In addition to the Customer Contribution provisions, the State of California shall make a recommendation to the California Legislature that it adopt a ballot measure that includes a general obligation bond (“Bond Measure”) containing a provision authorizing the issuance of bonds for the amount necessary to fund the difference between the Customer Contribution and the actual cost to complete Facilities Removal, which bond funding in any event shall not exceed $250,000,000 (in nominal dollars).
At its sole discretion, the State of California may also consider other appropriate financing mechanisms to assist in funding the difference between the Customer Contribution and the actual cost of complete Facilities Removal, not to exceed $250,000,000 (in nominal dollars).
The Parties acknowledge above that the surcharges from the Customer Contributions will be placed in interest-bearing accounts and that the interest that accrues in the accounts may be used to reduce the amount collected through the surcharges so that the total Customer Contribution, including accrued interest through December 31, 2019, totals $200,000,000.