Excess Usage Charge definition

Excess Usage Charge means for each kWh of aggregate Excess Usage an amount equal to the positive difference, if any, derived by subtracting (i) the Contract Price from (ii) the Spot Energy Price.
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Excess Usage Charge. Means the excess usage charge (if any) as specified (as appropriate) in a Lease Contract.
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Excess Usage Charge means the sum of the excess usage charge payable under this Agreement for each Function (being the Excess Usage for that Function multiplied by the Cost Per Excess Use for that Function).
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Examples of Excess Usage Charge in a sentence

  • Where practicable, Vatix will notify the Customer if it appears likely the Excess Usage Charge will be incurred.

  • Excess Usage Charge: for each kWh of Excess Usage at each Account for each month, an amount equal to the positive difference, if any, derived by subtracting (i) the EESI Energy Price from (ii) the average Spot Energy Price for the applicable month.

  • For each Transaction, in the event that for any Contract Year other than the first Contract Year, Customer's Actual Usage exceeds the Maximum Usage for such Contract Year ("Excess Usage"), Customer will pay EESI the applicable compensation provided in Section 3.1 for all of Customer’s Actual Usage plus, for each kWh of Excess Usage, an Excess Usage Charge calculated pursuant to the applicable Transaction Agreement.

  • At the end of the Rental Term, including any renewal term, it should be determined that the actual number of operating hours for any unit of Equipment exceeds the corresponding Monthly Operating Hours allowed, Dealer may, at Hyster’s option, be required to pay Hyster upon demand, in addition to any other amounts due under this Agreement, an excess usage charge calculated by multiplying the number of excess operating hours by the Hourly Excess Usage Charge shown on the Rental Schedule.

  • Buyer agrees to pay any Excess Usage Charge or Deficiency Usage Charge arising from any variance in Buyer's consumption of Electricity such that Actual Usage exceeds the Maximum Usage or Minimum Usage bands specified in a Transaction Confirmation.

Related to Excess Usage Charge

  • Usage Charges means the Charges for the Service or applicable part of the Service that are calculated by multiplying the volume of units that the Customer used or incurred in a period (e.g. number of users using the Service, or the number of minutes the Service was used for) with the relevant fee that is specified in the Online Order.

  • Non-Usage Fee The meaning set forth in the applicable Fee Letter.

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Finance Charge Shortfall shall have the meaning specified in Section 4.09.

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

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

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

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Excess Available Funds Percentage means, with respect to any Transfer Date, the amount, if any, by which the Portfolio Yield for the preceding Monthly Period exceeds the Base Rate for such Monthly Period.

  • Cumulative Net Loss Ratio means, as of any Payment Date, the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of Receivables that became Defaulted Receivables plus all the Cram Down Losses (without duplication) which occurred during the period from the Cut-Off Date through the end of the related Collection Period reduced by the amount of Liquidation Proceeds with respect to Defaulted Receivables received during such period which are applied to principal of the Defaulted Receivables to (ii) the Pool Balance as of the Cut-Off Date.

  • 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.

  • Principal Deficiency Amount For any Distribution Date and for any Undercollateralized Group, the excess, if any, of the aggregate Class Certificate Principal Balance of such Undercollateralized Group immediately prior to such Distribution Date over the sum of the Principal Balances of the Mortgage Loans in the related Loan Group immediately prior to such Distribution Date.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • 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.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • 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.

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.