Examples of Initial Customers in a sentence
However, if the NPV is negative, then the excess cost is required as a Contribution in Aid of Construction (“CIAC”) by the Initial Customer(s).
Such re-computation will result in a refund of some or all of the CIAC to the Initial Customer(s) if such Subsequent Customer(s) produces a positive NPV.
ASSEMBLY WOMAN WRIGHT: --we can get that as soon as is possi ble.
As a consequence of IAWC’s contractual violation, the Initial Customers, including Bolingbrook, have suffered damages, which includes interest on the amounts of the overcharges, in an amount believed to be in excess of $1 million for the period from May 30, 2015 to present and going forward.
As a consequence of ALWC’s contractual violation, the Initial Customers, including Bolingbrook, have suffered damages, which includes interest on the amounts of the overcharges, in excess of $1.2 million for the period of September 2003 through and including December 2008.
IAWC’s failure to reduce the cost for the purchase of Lake Michigan Water for Bolingbrook and all Initial Customers by giving them the same Unit Charge calculation given to Plainfield as described above, for the period of May 30, 2015 to present constitutes a past material breach and is a continuing material breach of the Bolingbrook Lake Michigan Water Contract.
Following the 2008 Plainfield-ALWC Amendment, for the period of time from May 30, 2015 to present, the Bolingbrook Lake Michigan Water Contract and Asset Exchange Agreement were violated by ALWC’s failure to provide the Initial Customers, including Bolingbrook, the lowest cost for the purchase of water that was provided to Plainfield because Plainfield’s Unit Charge formula was changed to benefit Plainfield, and the same change was not given to Bolingbrook.
IAWC’s failure to reduce the cost for the purchase of Lake Michigan Water for Bolingbrook and all Initial Customers by giving them the same Unit Charge calculation given to Plainfield as described above, for the period of January 1, 2009 to May 30, 2015 constitutes a past material breach.
As a consequence of IAWC’s contractual violation, the Initial Customers, including Bolingbrook, have suffered damages, which includes interest on the amounts of the overcharges, in an amount believed to be in excess of $1 million for the period from January 1, 2009 to May 30, 2015.
ALWC’s failure to reduce the cost for the purchase of Lake Michigan Water for Bolingbrook and all Initial Customers by giving them the same Unit Charge calculation given to Plainfield as described above, for the period of May 30, 2015 to present constitutes a past material breach and is a continuing material breach of the Bolingbrook Lake Michigan Water Contract.