MERALCO definition

MERALCO means Manila Electric Company.
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Examples of MERALCO in a sentence

  • In this regard, it is understood that any charges, costs, expenses and fees that may be charged to, incurred and/or assumed by the Power Supplier or otherwise imposed by NGCP for transmission and/or Ancillary Services and other related services in connection with the Contract Energy shall be paid by MERALCO.

  • MERALCO shall be solely responsible for the preparation and filing of the ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇.

  • Notwithstanding this Section, MERALCO shall, at all times, be liable for payment of all other existing taxes, fees, charges and costs (including penalties) arising from this Agreement that properly pertain to the business of MERALCO.

  • There is solutio indebiti where: (1) payment is made when there exists no binding relation between the payor, who has no duty to pay, and the person who received the payment; and (2) the payment is made through mistake, and not through liberality or some other cause.35 Here, there is a binding relation between petitioner as the taxing authority in this jurisdiction and respondent MERALCO which is bound under the law to act as a withholding agent of NORD/LB Singapore Branch, the taxpayer.

  • Further, “a taxpayer must prove not only his entitlement to a refund, but also his compliance with the procedural due process as non-observance of the prescriptive periods within which to file the administrative and the judicial claims would result in the denial of his claim.”36 In the case at bar, respondent MERALCO had ample opportunity to verify on the tax-exempt status of NORD/LB for purposes of claiming tax refund.

  • The Commission made simulations in the event that MERALCO purchases its electricity requirements from TPC and PPC and not ! from the WESM.

  • To bolster this, respondent MERALCO presented as witness its Vice- President and Head of Tax and Tariff, ▇▇▇▇▇▇ ▇.

  • Parties to the Contract MERALCO is a private corporation' existing under the laws of the Republic of the Philippines, with principal office address at ▇▇▇▇▇ Building, MERALCO Center, Ortigas Avenue, Pasig City.

  • One Corporate Center, ▇▇▇▇▇ ▇▇▇▇▇▇ corner MERALCO Avenue, Ortigas Center, Pasig City , 5.

  • One Corporate Center, ▇▇▇▇▇! ▇▇▇▇▇▇ corner MERALCO Avenue, Ortigas Center, Pasig City I 5.