Net Plant definition
Examples of Net Plant in a sentence
Employee labor and related administration and programs, including third party legal Regulatory Net Plant 33.3% Number of Employees 33.3% O&M 33.3% Allocated based on the relative size of affiliate and employee count.
For purposes of this Section 4.7, Lessee’s Consolidated Net Plant will be derived from its most recently prepared consolidated balance sheet, prepared in accordance with GAAP but adjusted to reverse the effects of failed sale-leaseback accounting in a manner reasonably determined by Lessee in good faith.
If Seller's liability for failure to achieve the Guaranteed Maximum Heat Rate reaches $400,000 for two consecutive years, Seller shall, within six (6) months of such time, make such modifications as it deems appropriate to attempt to correct the Facility's heat rate deficiencies and run a performance test to demonstrate the impact of such modifications on Net Plant Heat Rate.
A greater number of employees requires additional HR support HR policies, payroll processing, benefits, employee surveys Gas Control Net Plant 100% The greater the plant, the more control required Gas Control labor, administration, and associated programs Legal Net Plant 33.3% Number of Employees 33.3% O&M 33.3% Allocated based on the relative size of affiliate and employee count.
Seller shall provide Department written notice of the date on which it plans to conduct a performance test to determine Net Plant Heat Rate at least fourteen (14) Days prior to such date.
Seller shall pay Department liquidated damages in an amount equal to $450 for every BTU/KW-hr that the Net Plant Heat Rate exceeds the Guaranteed Maximum Heat Rate by more than one percent (1%).
In addition to the foregoing, any of Lessee’s subsidiaries may incur Indebtedness in an aggregate principal amount of up to the product of (x) Lessee’s aggregate Consolidated Net Plant multiplied by (y) the lesser of (A) the sum of Lessee’s then-current PUCT-regulated debt-to-equity ratio (expressed as a percentage) and five percent (5%) or (B) sixty-five percent (65%); provided, however, that such Indebtedness must be Non-Recourse Debt to Lessee.
The installed cost of the Attachment Facilities is then multiplied by the Net Transmission Plant and the resultant figure is then divided by the Total Transmission Plant in Service, multiplied by the Net Plant Carrying Charge without Depreciation, Return, or Income Taxes, and divided by 12 to determine the Monthly Charge.
Employee labor and related administration and programs, including third party legal Treasury Capital Expenditures 25% O&M 50% Net Plant 25% Treasury activity is typically guided by the amount of necessary capex/plant for each utility, and operating costs/cashflow Third party financing, employee labor and related administration and programs Internal Audit Net Plant 25% O&M 75% This function is driven by factors which reflect the relative size and complexity of Internal audit activity.
Type of Cost Allocation Methodology Rationale Examples Risk Management Net Plant 33.3% Revenue 33.3% O&M 33.3% This function is driven by factors which reflect the relative size and complexity of Risk Management - Revenues, Net Plant and O&M costs.