Net Utility Plant definition

Net Utility Plant. ’ shall mean the amount constituting the Total Utility Plant of the Borrower, less depreciation, computed in accordance with RUS Accounting Require- ments.
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Net Utility Plant means the real and tangible personal property of a rural utilities borrower constituting the long-term assets of property, plant, and equipment (PPE), less depreciation, computed in accordance with applicable accounting requirements.
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Net Utility Plant. The amount constituting the total utility plant of the Borrower, less depreciation computed in accordance with Accounting Requirements.
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Examples of Net Utility Plant in a sentence

  • Net Utility Plant shall mean the amount constituting the total utility plant of the Note or Notes shall mean one or more of the Government Notes, and any other Notes which may, from time to time, be secured under this Mortgage.

  • With respect to a Borrower, means the ratio obtained by dividing the amount of such Borrower’s Long-Term Debt by its Net Utility Plant, and expressing the quotient as a percentage.

  • The average of a Borrower’s Long-Term Debt to Net Utility Plant Ratio for the most recent three (3) full calendar years for which financial information is available.

  • The Net Utility Plant (NUP) will be multiplied by FCR then divided by total annual kWh’s sold by GUC.

  • Paragraph (b)(1) is modified to increase limits, increase Net Utility Plant (NUP) percentages, and delete the “not to exceed” limitations.

  • Ending Net Utility Plant shall match that supplied on the Company’s FERC Form 1.

  • Xxxxxxx Title: Vice President Criteria for Eligible Security of Class A Eligible Member: Each Class A Eligible Member must satisfy the following criteria only on the date of the pledge of such Eligible Security: · Long-Term Debt to Net Utility Plant Ratio, as the average ratio of the most recent three full calendar years for which financial information is available, does not exceed 90%.

  • G-xxx General Allocator - Net margin, Net plant, & Net O&M expenses“Net Margins” are Total Operating Revenues less “Cost of Goods Sold” and revenues related to recovery of stranded costs.“Net Plant” is the sum of Net Utility Plant and Net Non-Utility Plant .“Net O&M Expenses” are all non “Cost of Goods Sold” expenses 1 An Allocation Basis such as the General Allocator will have multiple SAP Allocation Codes.

  • Similarly, the UJF favours « life-long » educational programs, and in particular those put in place via programmes and laws such as the « individual right to education” (droit individuel à la formation (DIF)).

  • BPA will calculate debt-to-asset ratios using the following formula: (Federal debt + Nonfederal debt + Deferred borrowing)/ (Net Utility Plant + Nonfederal generation) 2.


More Definitions of Net Utility Plant

Net Utility Plant. ’ shall mean the amount constituting the Total Utility Plant of the Borrower, less depreciation, computed
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Net Utility Plant and "Accounts Receivable" attributable to the Queens portion of JWS's water system to be set forth on the Projected Statement, the Preliminary Statement and the Statement will be arrived at using a methodology consistent with JWS's past practice of arriving at such allocations for cost of service studies with the New York State Public Service Commission since June, 1986.
Sample 1
Net Utility Plant means the amount constituting the Total Utility Plant of the Borrower, less depreciation, computed in accordance with RUS Accounting Requirements. Note shall mean a promissory note or notes executed by the Borrower in the form of Exhibit A hereto, and any note executed and delivered to RUS or to the Federal Financing Bank (FFB) to refund, or in substitution for such a note; and any reimbursement notes executed and delivered to RUS. If the RUS Commitment includes both a commitment by RUS to make a loan and also a commitment by RUS to guarantee a loan made by FFB, then Exhibit A includes both forms and any reimbursement notes executed and delivered to RUS. Note shall also mean any promissory note or notes executed by the Borrower and delivered to a third party in connection with a loan that RUS has guaranteed as to payment pursuant to a master loan guaranty agreement.
Sample 1
Net Utility Plant means the amount constituting the Total Utility Plant of the Transferee, less depreciation and amortization, computed in accordance with Accounting Requirements.
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Related to Net Utility Plant

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Power plant means a facility for the generation of

  • Good Utility Practice means any of the practices, methods and acts engaged in or approved by a significant portion of the electric utility industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result at a reasonable cost consistent with good business practices, reliability, safety and expedition. Good Utility Practice is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather is intended to include acceptable practices, methods, or acts generally accepted in the region; including those practices required by Federal Power Act, section 215(a)(4).

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Utility pole means a pole that provides:

  • Electric utility means any person that generates, transmits, or distributes electric energy for use by

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Utility Services means any products, services, and equipment related to energy, telecommunications,

  • Wastewater System means a system of wastewater collection, treatment,

  • Energy project means the installation or modification of an energy efficiency improvement or the acquisition, installation, or improvement of a renewable energy system.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.