Excess Expenditures definition

Excess Expenditures shall have the meaning set forth in Section 2.
Excess Expenditures means the amount under A.R.S. § 42-17051(C) that is certified by the Auditor General’s office.
Excess Expenditures means the difference between:

Examples of Excess Expenditures in a sentence

  • Each reference herein to a Budget or Default Budget shall be deemed to include such Excess Expenditures to the extent such Excess Expenditures are incurred.

  • Each Budget shall include up to a maximum of two percent (2%) in excess of the total amount for excess expenditures that may arise in any Contract Year (“Excess Expenditures”); provided that such Excess Expenditures shall at all times be otherwise compliant with the applicable Rate Order.

  • Owner shall also fund the Service Accounts in the manner contemplated hereunder for Operator’s payment of T&D Pass-Through Expenditures (including Excess Expenditures), Capital Costs and Outage Event Costs (without limiting Owner’s indemnity or other obligations hereunder).

  • Any Excess Expenditures incurred by Operator during a Contract Year shall be treated as T&D Pass-Through Expenditures and as if initially budgeted for such Contract Year.


More Definitions of Excess Expenditures

Excess Expenditures shall have the meaning set forth in section 6.3.
Excess Expenditures has the meaning set forth in Section 7.3(b) (Budgets – Flexibility to Overrun).
Excess Expenditures is defined in Section 2.6(b).
Excess Expenditures means that portion of costs of Cost Shareable Infrastructure which exceeds a developer’s proportionate share of the infrastructure costs. In the absence of the RIS Fund, Excess Expenditure costs for Cost Shareable Infrastructure are recovered from Subsequent Developers through charges to Subsequent Developers as conditions of their subdivisions or development permits.
Excess Expenditures means the amount by which all Cap Ex Expenditures exceed $486,251.
Excess Expenditures means the amount certified by the Auditor General’s office.
Excess Expenditures means the difference between (1) expen- ditures made by a gas utility for extensions of service to areas not served by a gas utility and (2) the sum of the investment allowable under a gas utili- ty's extension policy, plus amounts, if any initially available from other applicable sources, which include, without limitation, funds from: the Arkansas Industrial Development Commission or its successor; industrial deve- lopment bonds, municipal bonds, city bonds, improvement district bonds; spe- cial funds such as may be created by particular Commission orders for individual gas utilities in rate cases or other proceedings; and customer pro- vided contributions in aid of construction.