Net Requirement definition

Net Requirement. (08/15/08 Version) means the amount of federal power that «Customer Name» is entitled to purchase from BPA to serve its Total Retail Load minus amounts of «Customer Name»’s Dedicated Resources shown in Exhibit A, as determined consistent with section 5(b)(1) of the Northwest Power Act.
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Net Requirement means the annual sum of all expenses and fees, including Debt Service Coverage allocated to a particular Cost Center, minus all Offsetting Revenues.
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Net Requirement. (05/15/08 Version) means the amount of federal power that a customer is entitled to purchase from BPA to serve its Total Retail Load minus its Dedicated Resource amounts as shown in Exhibit A, Net Requirements and Resources, consistent with section 5(b)(1) of the Northwest Power Act.
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Examples of Net Requirement in a sentence

  • NET REQUIREMENTS«Customer Name»’s Net Requirement equals its Total Retail Load minus «Customer Name»’s Dedicated Resources determined pursuant to section 3.3 of the body of this Agreement and listed in sections 2, 3, and 4 of this exhibit.

  • If a customer’s Annual Net Requirement changes within a fiscal year due to a change in the customer’s Specified Resource amounts within a fiscal year, then the customer’s TOCA shall be recalculated.

  • The Landing Fee rates for each Airport in any Rate Period shall be calculated by dividing each Airport's Airfield Net Requirement by the combined estimated landed weight for all Air Transportation Companies and General Aviation operating at that Airport during the Rate Period.

  • BPA shall use the amounts listed in Exhibit A in determining «Customer Name»’s Net Requirement.

  • Costs applicable to sales per gold ounce increased 28% primarily due to lower gold ounces sold, higher fuel, energy and contract labor costs resulting from cost inflation and higher maintenance costs for underground equipment.

  • As long as «Customer Name» has Existing Resources to remove, the amount of such removal shall equal the lesser of: (1) the remaining amount that «Customer Name»’s RHWM exceeds its Preliminary Net Requirement, or (2) the difference between «Customer Name»’s Preliminary Net Requirement for the first Fiscal Year and «Customer Name»’s Preliminary Net Requirement for the applicable subsequent Fiscal Year of the Rate Period.

  • The rentals, fees, and charges payable by all Signatory Airlines for the Airfield and, with respect to the Terminal Complex, the rentals, fees, and charges payable by Signatory Airlines leasing space in the Terminal Complex, shall be equal to the Signatory Airline’s share of the Net Requirement in each respective area of the Airport, all as set forth in Exhibit F.

  • Subject to«Customer Name»’s Net Requirement, all amounts of «Customer Name»’s planned annual purchase of Firm Requirements Power that are equal to or less than «Customer Name»’s RHWM shall be priced at Tier 1 Rates.

  • The Baggage Handling System Fee Rate shall be determined by dividing the Baggage Handling System Net Requirement by the projected Total Enplanements.

  • Subject to«Customer Name»’s Net Requirement, all amounts of «Customer Name»’s planned annual purchase of Firm Requirements Power that are above «Customer Name»’s RHWM shall be priced at Tier 2 Rates elected by «Customer Name» in section 2 of Exhibit C.


More Definitions of Net Requirement

Net Requirement means the amount of federal power that Jefferson is entitled to purchase from BPA to serve its Total Retail Load minus amounts of Jefferson’s Dedicated Resources shown in Exhibit A, as determined consistent with section 5(b)(1) of the Northwest Power Act.
Sample 1
Net Requirement means the amount of federal power that PacifiCorp is entitled to purchase from BPA to serve its Total Retail Load minus amounts of PacifiCorp’s Dedicated Resources shown in Exhibit A, as determined consistent with section 5(b)(1) of the Northwest Power Act.
Sample 1
Net Requirement means with respect to each Cost and Revenue Center, the sum of all obligations associated with such Cost and Revenue Center including, but not limited to O&M Expenses, Debt Service Fund Requirement, Coverage, Amortization Requirement, O&M Reserve Requirement, Equipment and Capital Outlays Allowance, Capital Expenditures, and other associated Capital Charges. The total amount resulting from the above shall be subtracted by the sum of the all associated credits applicable to each Cost and Revenue Center including, but not limited to the following, Non-Airline Revenues, Non-Signatory Airline Revenues, Rollover Coverage Requirement, and other associated Revenue credits to derive the Net Requirement for each Cost and Revenue Center. The Net Requirement for each Cost and Revenue Center is presented in Exhibit F.
Sample 1

Related to Net Requirement

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, U.S.$ 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.

  • performance requirement means a requirement that:

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):

  • Reporting Requirements As defined in Section 11.12.

  • Rebate Requirement means the amount of arbitrage profits earned from the investment of gross proceeds of Tax-exempt Bonds in nonpurpose investments described in Section 148(f)(2) of the Code and defined as "Rebate Amount" in Section 1.148-3 of the Treasury Regulations, which is payable to the United States at the times and in the amounts specified in such provisions.

  • Statement of Requirements means a statement issued by the Authority or any Other Contracting Body detailing its Services Requirement issued in accordance with the Ordering Procedure;