Financial Interest Customer definition

Financial Interest Customer means a Commercial or Institutional Customer of the Company who has a Financial Interest in the Facility, including a Shared Financial Interest Customer.
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Examples of Financial Interest Customer in a sentence

  • The data provided will include, for each Financial Interest Customer account, the account number, and the percent allocation and Credit amount applied, as well as an indication of any of the accounts which were final billed and are consequently no longer active.

  • If an individual Financial Interest Customer participates in one or more Net Energy Billing arrangements and/or also receives financial credits in any Distributed Generation Procurement arrangement, the Financial Interest Customer’s consumption will first be reduced by any applicable kWh credits before financial credits are applied.

  • Furthermore, each Financial Interest Customer identified in Exhibit 1 or Exhibit 2 is a Shared Financial Interest Customer with a legally enforceable Financial Interest in the Facility and has the rights to the benefits of the output of the Facility (for Commercial or Institutional Shared Financial arrangements under Chapter 313).

  • Company and Shared Financial Interest Customer (or Project Sponsor or Project Sponsor’s designated agent, as applicable) shall work together in good faith to make the billing adjustment as soon as practicable and shall make every attempt to correct the billing within one (1) Billing Period from identification of the need for the billing adjustment.

  • If the Financial Interest Customer’s Competitive Electricity Provider provides the Financial Interest Customer with a separate bill for generation service, the Company shall not in any way be responsible for computing the charges or providing any financial credits for this separate generation service bill.

  • If the amount due on the account is greater than the current month Bill Credits plus all available Unused Credits for the account, the Financial Interest Customer will be billed on the remaining amount in excess of all applied Bill Credits and Unused Credits.

  • For each Financial Interest Customer account identified in Exhibit 1 or Exhibit 2, current month Bill Credits will be applied to the amounts due on the account first before application of any Unused Credits.

  • Furthermore, each customer identified in Exhibit 1 or Exhibit 2 is a Shared Financial Interest Customer with a legally enforceable Financial Interest in the Facility and has the rights to the benefits of the output of the Facility (for Commercial or Institutional Shared Financial arrangements under Chapter 313).

  • In the event that billing adjustments are required as the result of meter inaccuracies or any other error, the Company and the Shared Financial Interest Customer (or Project Sponsor or Project Sponsor’s designated agent, as applicable) will work together to correct the billing.

  • If the Company and Shared Financial Interest Customer (or Project Sponsor or Project Sponsor’s designated agent, as applicable) cannot resolve the billing adjustment to their mutual satisfaction, they may commence the dispute resolution process in Article XVI below.

Related to Financial Interest Customer

  • Financial Interest means either:

  • Financial Intermediary means a financial intermediary as that term is defined in Rule 22c-2.

  • Significant Financial Interest means anything of monetary value, including but not limited to, salary or other payments for services (e.g., consulting fees or honoraria); equity interests (e.g., stocks, stock options or other ownership interests); and intellectual property rights (e.g., patents, copyrights, license agreements, and royalties from such rights). The term does not include:

  • Material financial interest means a personal and pecuniary interest, direct or indirect, accruing to a public servant or spouse, either individually or in combination with each other. Notwithstanding the foregoing, the following shall not be deemed to be a material financial interest with respect to a business with which a public servant may be associated:

  • immaterial financial interest means any financial interest with a determinable monetary value, the aggregate of which does not exceed R1 000 in any calendar year from the same third party in that calendar year received by –

  • Transaction Notional Amount means (A) in respect of any Transaction that is a cross currency hedge, the Base Currency Equivalent of the Currency Amount applicable to Party A’s payment obligations and (B) in respect of any other Transaction, the Base Currency Equivalent of the Notional Amount.

  • Native Load Customers means the wholesale and retail power customers of a Transmission Owner on whose behalf the Transmission Owner, by statute, franchise, regulatory requirement, or contract, has undertaken an obligation to construct and operate the Transmission Owner’s system to meet the reliable electric needs of such customers.

  • Existing Customer means an individual who has purchased goods or services from a person, who is the recipient of a voice communication from that person, and who either paid for the goods or services within the 12 months preceding the voice communication or has not paid for the goods and services at the time of the voice communication because of a prior agreement between the person and the individual.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Eligible Customer means:

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • Financial Intelligence Unit means the Financial Intelligence Unit established under section 4 of the Anti-Money Laundering and Counter-Terrorism Financing Act No. 13 of 2014;

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Host Customer means a customer under a Customer Agreement.

  • Prospective International Interest means an interest that is intended to be created or provided for in an object as an international interest in the future, upon the occurrence of a stated event (which may include the debtor’s acquisition of an interest in the object), whether or not the occurrence of the event is certain;

  • Central Automatic Message Accounting (CAMA) Trunk means a trunk that uses Multi-Frequency (MF) signaling to transmit calls from CLEC’s switch to an AT&T-21STATE E911 Selective Router.

  • DMA Customer means a Customer of a Sponsoring Broker where representatives of the Customer that are natural persons are designated by the Sponsoring Broker to have Trading Access to the SEF Platform using the Participant ID of the Sponsoring Broker and where such Customer signs the DMA Customer Documentation.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III.

  • Net metering customer means a customer of the electric distribution company

  • Relevant Customer means a person, firm or company who during the period of twelve months immediately preceding the Termination Date conducted a business relationship (including, without limitation, the provision of services and the negotiation for the same) with the Company or any Group Company and with whom the Executive had significant contact as an employee of the Company;

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Swap Notional Amount With respect to any Distribution Date is the amount set forth on Schedule II attached hereto with respect to such Distribution Date.

  • International Interest has the meaning ascribed to the defined term “international interest” under the Cape Town Treaty.

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.