Examples of Freeze Period in a sentence
Gross receipts taxes during the Rate Freeze Period shall be directly reflected on the tariff sheets and customer bills, whether higher or lower than that which was in effect at the beginning of the Rate Freeze Period.
The distribution rates reflected in this Settlement during the Rate Freeze Period are based on the separation of costs among supply, transmission, and distribution functions in place on the date of the Settlement.
However, no future adjustments will be permitted after the Rate Freeze Period.
The Company will be required to file annual earnings reports with the Commission by May 1 of each year during the Rate Freeze Period.
The distribution component of Narragansett’s rates reflected in Exhibit 2 shall be frozen for the Rate Freeze Period, subject only to the exogenous events defined below that occur during the Rate Freeze Period (“Exogenous Events”).2 During the Rate Freeze Period, the Company will adjust distribution rates resulting from any of the Exogenous Events, as set forth in subsection (C) below.