Deficiency Charge definition

Deficiency Charge is defined in Article 6.
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Deficiency Charge means the deficiency charge prescribed under the Code of Practice (Vehicle Parking Provision in Development Proposals) 2019 Edition;”
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Deficiency Charge means (a) for any Month in which a Monthly * Deficiency Volume occurs prior to REDACTED, an amount (in $/Mcf) equal to (i) for each Mcf of the Monthly Deficiency Volume less than an amount equal * to REDACTED of the Minimum Monthly Quantity for such Month, REDACTED per Mcf and (ii) for each Mcf of the Monthly Deficiency Volume greater than or * equal to an amount equal to REDACTED of the Minimum Monthly Quantity for * such Month, REDACTED per Mcf and (b) for any Month in which a Monthly * Deficiency Volume occurs after REDACTED, an amount (in $/Mcf) equal to (i) for each Mcf of the Monthly Deficiency Volume less than an amount equal to * REDACTED of the Minimum Monthly Quantity for such Month, REDACTED per Mcf and (ii) for each Mcf of the Monthly Deficiency Volume greater than or * equal to an amount equal to REDACTED of the Minimum Monthly Quantity for * such Month, REDACTED per Mcf.
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Examples of Deficiency Charge in a sentence

  • The Deficiency Charge shall be calculated as the highest price reported for the Mich Con, Consumers Energy and Chicago LDCs during the required delivery period as reported by Gas Daily or, in the event that Gas Daily discontinues its reporting of such prices, a comparable reporting service, plus $10 per Mcf, which will be applied in addition to the charges on the applicable Rate Schedule.

  • Primary inputs to the ACP calculation are network constraints represented by CIL, CEL, LCR, and other constraints established by the Transmission Provider associated with SRECs and SRICs for SRRZs in accordance with applicable seams agreements, coordination agreements, or transmission service agreements and the set of valid ZRC Offers and the total PRMR for the Transmission Provider Region minus the amount of PRMR associated with the Capacity Deficiency Charge for each LRZ.

  • The Deficiency Charge will be due at the same time payment is due for Service provided to Customer, or immediately in an amount equal to Customer's Minimum Revenue Commitment for the unexpired portion of the Service Term, if WorldCom terminates this Agreement based on Customer's default.

  • If, on any day during an Interval, all or part of a deficiency occurs for reasons other than an increase in a Party’s Accounted-For Obligation due to an increase in customers as defined in subsection 2, above, then an entity shall pay the Interval Deficiency Charge per MW of deficiency.

  • The Deficiency Charge will be due at the same time payment is due for Switched Services provided to Customer for the billing period in which the Deficiency Charge arises, or immediately in an amount equal to Customer's Minimum Revenue Commitment for the unexpired portion of the Service Term, if MCI WorldCom terminates this Agreement based on Customer's default or if Customer terminates this Agreement pursuant to Section 2(A) of the TSA.

  • The Interval Deficiency Charge shall be paid only once during an Interval and shall be based on the largest amount of megawatts a Party is deficient on any one day during the Interval.

  • In the event Customer does not maintain Customer's Minimum Commitment in the months indicated, then for those month(s) only, Customer will pay WorldCom the difference between Customer's Minimum Commitment and Customer's actual charges for the month(s) in question (the "Deficiency Charge").

  • The ACP will be set at CONE when there is an insufficient volume of valid ZRC Offers to cover LCR or the total PRMR for the LRZ minus the amount of PRMR associated with the Capacity Deficiency Charge for an LRZ.

  • The Deficiency Charge will be due at the same time payment is due for Service provided to Customer, or immediately in an amount equal to Customer's Minimum Commitment for the unexpired portion of the Term, if WorldCom terminates the Agreement based on Customer's default.

  • If testing (e.g., factory acceptance testing, site acceptance testing) or installation is included as part of the Services, Rapiscan shall perform such testing and installation in accordance with Rapiscan’s standard testing and installation procedures in effect on the date of testing/installation.


More Definitions of Deficiency Charge

Deficiency Charge. ("DC") calculated as follows: DC = (SMQ - SQ) (SWACP)(.10) or (ii) a Prepayment Charge ("PC") calculated as follows: PC = (SMQ - SQ) (SWACP) where: SMQ = Summer Period Minimum Quantity, SQ = total quantities purchased here- under during the Summer Period, and SWACP = Summer Weighted Average Commodity Price, the weighted average of all Commodity Prices, as defined in Article VIII, in effect during the Summer Period (weighted by the number of days each such price was in effect).
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Deficiency Charge means, for a Month, in respect of each Requested Service Haul, ninety percent (90%) of the volume weighted average of the Committed Tolls applicable to the Monthly Volume Commitment paid by Xxxxxxx in the immediately preceding twelve (12) Month period in respect of such Requested Service Haul; provided that the Deficiency Charge applicable to the first twelve (12) Months following the Commencement Date will, to the extent a Shortfall Volume occurs during such period, be:
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Related to Deficiency Charge

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

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

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Deficiency Amount shall have the meaning set forth for such term in Section 4.03(a) hereof. “Department” shall mean the South Carolina Department of Revenue.

  • Penalty Charges means any amounts collected from the Borrower that represent default charges, penalty charges, late fees and/or default interest, but excluding any yield maintenance charge or prepayment premium.

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

  • Deficiency Claim means any portion of a Claim (a) to the extent the value of the holder’s interest in Assets securing such Claim is less than the amount of such Claim or (b) to the extent the amount of a Claim is subject to setoff is less than the amount of the Claim, each as determined by § 506(a) of the Bankruptcy Code.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Penalty Charge Notice means a notice served by a Civil Enforcement Officer pursuant to the provisions of section 78 of the 2004 Act and supporting regulations;

  • Deficiency Claim Date means, with respect to any Distribution Date, the fourth Business Day immediately preceding such Distribution Date.

  • Deficiency Balance means, with respect to any Receivable, any deficiency balance, charged-off amount, Principal Balance, accrued interest and/or fees and any Related Security; provided, that such amounts and Related Security relate to a Receivable which is a Defaulted Receivable.

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

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

  • Deficiency Payment has the meaning set forth in Section 9(a).

  • Responsible charge means direct control and personal supervision of engineering or surveying work.

  • Default Management Charge has the meaning given to it in paragraph 6.2 of Framework Schedule 9 (Management Information);

  • Deficiency means a defect, flaw, anomaly, failure, omission, interruption of service, or other problem of any nature whatsoever with respect to a Deliverable, including, without limitation, any failure of a Deliverable to conform to or meet an applicable specification. Deficiency also includes the lack of something essential or necessary for completeness or proper functioning of a Deliverable.

  • Excess Penalty Charges With respect to any Serviced Loan and any Collection Period, the sum of (A) the excess of (i) any and all Penalty Charges collected in respect of such Serviced Loan during such Collection Period, over (ii) all unpaid or unreimbursed Advances and Additional Trust Fund Expenses (including, without limitation, interest on Advances to the extent not otherwise paid or reimbursed by the related Mortgagor, but excluding Special Servicing Fees, Workout Fees and Liquidation Fees) outstanding or previously incurred on behalf of the Trust (and, if applicable, the related Serviced Companion Loan Holder) with respect to such Serviced Loan and reimbursed from such Penalty Charges (which such Advances and Additional Trust Fund Expenses shall be reimbursed from such Penalty Charges) in accordance with Section 3.14 of this Agreement and (B) Advances and expenses previously paid or reimbursed from Penalty Charges as described in the immediately preceding clause (A), which Advances and expenses have been recovered from the related Mortgagor or otherwise.

  • Collateral Deficiency Amount With respect to any AB Modified Loan as of any date of determination, the excess of (i) the Stated Principal Balance of such AB Modified Loan (taking into account the related junior note(s) included therein), over (ii) the sum of (in the case of a Loan Combination, solely to the extent allocable to the subject Mortgage Loan) (x) the most recent Appraised Value for the related Mortgaged Property or Mortgaged Properties, plus (y) solely to the extent not reflected or taken into account in such Appraised Value and to the extent on deposit with, or otherwise under the control of, the lender as of the date of such determination, any capital or additional collateral contributed by the related Mortgagor at the time the Mortgage Loan became (and as part of the modification related to) such AB Modified Loan for the benefit of the related Mortgaged Property or Mortgaged Properties (provided, that in the case of an Outside Serviced Mortgage Loan, the amounts set forth in this clause (y) will be taken into account solely to the extent relevant information is received by the Special Servicer), plus (z) any other escrows or reserves (in addition to any amounts set forth in the immediately preceding clause (y)) held by the lender in respect of such AB Modified Loan as of the date of such determination. The Certificate Administrator, the Master Servicer and the Operating Advisor (other than with respect to any Collateral Deficiency Amount calculations that the Operating Advisor is required to review, recalculate and/or verify pursuant to Section 3.29) shall be entitled to conclusively rely on the Special Servicer’s calculation or determination of any Collateral Deficiency Amount.

  • 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.

  • Available Funds Shortfall As defined in Section 3.03(b)(ii)(A).

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • 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).

  • 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.

  • Available Funds Shortfall Amount means, as of any Payment Date, the amount, if any, by which the aggregate amount required to be paid pursuant to clauses first through twelfth of Section 4.4(a) of the Sale and Servicing Agreement exceeds the Available Funds for such Payment Date.

  • Prepayment Charge Schedule A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Charge and the term during which such Prepayment Charge is imposed with respect to a Mortgage Loan.