Deferred Charges definition

Deferred Charges has the meaning given in Paragraph 9.2 of Schedule 22 (Charges and Invoicing);

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Deferred Charges means all items which are classified as deferred charges in accordance with GAAP consistently applied, on a basis consistent with the principles reflected in the financial statements referred to in Section 5.2 hereof.

Deferred Charges means the FERC Accounts listed on Exhibit 3.1.C under the heading “Deferred Charges”. The amount thereof attributable to the Energy Cost Adjustment Clause will be positive (and added to other Deferred Charges) if the adjustment account balance is owed to Seller due to an under-collection of fuel and purchased power costs, or negative (and subtracted from other Deferred Charges) if the adjustment account balance is owed to customers due to an over-collection of fuel and purchased power costs.

Examples of Deferred Charges in a sentence

• Interest shall accrue on the Deferred Charges at the maximum rate allowed by applicable law from the date of the deferral until payment.

• In addition to all other rights under Article 14.2, TSG shall be entitled to immediate payment of the Deferred Charges plus interest upon default by Customer.

• Prepaid pension cost is included in Deferred Charges and Other Assets on the balance sheets.

• Schedule 2.1(f) Books and Records Schedule 2.1(g) Credits, Prepaid Expenses, Deferred Charges, Etc.

• Deferred Charges Franchise and license acquisition costs are amortized on a straight-line basis over their legal or estimated useful lives of 12 to 40 years.

• All Deferred Charges shall be subject to a Deferral Fee (as set out below) and the entire amount of unpaid Deferred Charges shall be due and payable on January 1, 2012.

• From November 15, 1997 through the Closing Date, Seller has not incurred and will not incur any Deferred Charges or capital additions with respect to Seller's Business except for Deferred Charges and capital additions of the types and not in excess of the amounts set forth in Schedule VII(S) attached hereto.

• The Deferred Charges will be calculated and collected by the Manager, in its capacity as transfer agent for the Funds, on each Valuation Date and will be payable to FEP monthly within ten days after the end of the calendar month or in the event of termination of a Fund, immediately prior to the termination of the Fund.

• If the Agreement expires by its own terms, Sabre will waive payment of the Deferred Charges.

• For the purposes of Section 3.2(a), the Closing Payment Amount will be equal to an estimate, determined by Seller in consultation with Buyer of (a) the sum of Rate Base Price plus Construction Work in Progress plus Buyer Accounts Receivable plus Inventory/Materials/Supplies plus Deferred Charges minus (b) the sum of Other Current Liabilities and the Reimbursed Metering Costs, in each case as of the Effective Time.

More Definitions of Deferred Charges

Deferred Charges means expenditure for which a loan may be granted but which produces no tangible assets;

Deferred Charges means, for any period, the sum of the amounts for such period of prepaid amounts with respect to directors and officers insurance, prepaid architectural fees and prepaid property taxes.