Fixed Fuel Charge definition

Fixed Fuel Charge. (“FFC”) is any fixed fuel costs (i.e., commodity, capacity or transportation reservation charges, use-or-pay charges, or take-or-pay charges, balancing administrative charges, and the like) charged by third parties and incurred by Seller in providing fuel to the Unit on behalf of Buyer in accordance with an Approved Fuel Plan, but not recovered through the Variable Fuel Cost or imbalance cost provisions in Section M.5. In addition, to the extent actual annual Scheduling of Energy by Buyer deviates from the projections of Energy dispatches contained in Buyer’s Annual Dispatch Plan for that year provided pursuant to Section 3.2(c) of the Agreement, Buyer shall pay to Seller any costs incurred in contracting for fuel supply pursuant to the Approved Fuel Plan that cannot otherwise be collected from Buyer and which Seller, despite its reasonable efforts, was unable to mitigate. In the event that an Approved Fuel Plan approved by Buyer provides for a firm supply of fuel commodity or transportation for that year and, due to reasons outside of Seller’s reasonable control, such firm supply or transportation is interrupted or becomes unavailable in whole or in part causing a Curtailment Event, Seller shall use reasonable efforts to mitigate such failure of supply or transportation, and any costs greater than those contained in the Approved Fuel Plan will be paid by Buyer; provided that Seller will pass-through to Buyer any compensation, damages or other benefits it receives as a result of such interruption or unavailability.
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Fixed Fuel Charge has the meaning set forth in Section M of the Gates Transaction.
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Fixed Fuel Charge has the meaning set forth in Section M of the Panoche Transaction.
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Examples of Fixed Fuel Charge in a sentence

  • Seller’s cost of natural gas transportation shall be included in the calculation of the Variable Fuel Cost or Fixed Fuel Charge as appropriate.

  • The Annual Capacity Charge (ACCuy) shall be calculated as follows: ACCuy = CRCuy + IFOMCCuy + IFFCuy + PCuy where CRCuy is the Capital Recovery Charge, IFOMCCuy is the Indexed Fixed Operations, Maintenance Charge and Corporate Services Charge, IFFCuy is the Indexed Fixed Fuel Charge and PCuy is the Aggregate Pass Through Charges.


More Definitions of Fixed Fuel Charge

Fixed Fuel Charge has the meaning set forth in Section M of the Fresno Transaction.
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Related to Fixed Fuel Charge

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Additional Charge has the meaning given to it in the Management Agreement; ‘Agreement’ means this agreement including background recitals and the Schedules as may be amended pursuant to clause 16.3;

  • Delivery Charge means the total amount charged to the Authorized User for shipment of the Vehicle(s) from the Delivery Origin to the location(s) designated by the Authorized User on Form A: Mini-Bid Request, and on the Purchase Order.

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

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Electricity Charges means service charges in respect of the provision of electricity.

  • 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.

  • Delivery charges means charges by the seller for preparation and delivery to a location designated by the purchaser of tangible personal property or services. Delivery charges include, but are not limited to, transportation, shipping, postage, handling, crating, and packing. Beginning September 1, 2004, delivery charges do not include the charges for delivery of direct mail if the charges are separately stated on an invoice or similar billing document given to the purchaser. If a shipment includes both exempt property and taxable property, the seller shall allocate the delivery charge using 1 of the following methods:

  • 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.

  • 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.

  • Additional Charges As defined in Section 3.3.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

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

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • 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.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Installation Charges means those Charges set out in the Order in relation to installation of the Service and/or any Purchased Equipment, Customer Equipment and/or BT Equipment as applicable.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

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

  • 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.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Sales Charge and "Dealer Commission" apply only to the Load Funds and the CDSC Funds. All commissions and concessions are subject to change without notice by us and will comply with any changes in regulatory requirements. You agree that you will not combine customer orders to reach breakpoints in commissions for any purpose whatsoever unless authorized by the Prospectus or by us in writing.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,