Full Consolidated ESP Billing has the meaning specified in Section 1 of Annex I attached to the Servicing Agreement.

Full Consolidated ESP Billing means the billing procedures pursuant to which, subject to the Servicer’s approval and consent, an ESP will be responsible for reading the meter, calculating and collecting all utility charges to Consumers served by such ESP and by the Servicer, including the Fixed Recovery Charges, and will become obligated to the Servicer for such Billed FRC Revenues, all in accordance with the Servicer Policies and Practices. In Full Consolidated ESP Billing, an ESP is responsible for the accuracy of calculating and collecting the Fixed Recovery Charges. Unless the context indicates otherwise, the term Full Consolidated ESP Billing includes Partial Consolidated ESP Billing.

Full Consolidated ESP Billing means the billing procedures pursuant to which an ESP performs the same tasks it would perform under Consolidated ESP Billing and, in addition, calculates all utility charges to Consumers it serves, including the Fixed Recovery Charges, from specific cents per kilowatt hour rates provided by the Servicer.

Examples of Full Consolidated ESP Billing in a sentence

This had previously been outsourced to Timbers over the last 3 years.
SCE’s request to eliminate Full Consolidated ESP Billing services, Partial Consolidated ESP Billing, and Exception Services should be denied.
An ESP has the right to select from four billing service options: (1) Consolidated UDC Billing, (2) Partial Consolidated ESP Billing, (3) Full Consolidated ESP Billing (requires the UDC’s approval and consent), or (4) Separate UDC/ESP Bills.

More Definitions of Full Consolidated ESP Billing

Full Consolidated ESP Billing means the billing option available to ----------------------------- Customers served by an ESP, if such option is approved by the utility with respect to such ESP, pursuant to which such ESP performs the same tasks it would perform under Consolidated ESP Billing and, in addition, calculates all utility charges to Customers, including the FTA Charges, from billing factors provided by the utility and the Servicer.

Full Consolidated ESP Billing means the billing option available to ----------------------------- California Customers served by an ESP, if such option is approved by the utility with respect to such ESP, pursuant to which such ESP performs the same tasks it would perform under Consolidated ESP Billing and, in addition, calculates all utility charges to California Customers, including the FTA Charges, from billing factors provided by the utility and the Servicer.

Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.
Consolidated Fixed Charges means, with respect to any Person for any period, the sum, without duplication, of:
Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.