Examples of OBA Agreement in a sentence
All parties, as well as the open bill issue participants, agree that as of January 1, 2013 Enbridge will continue to use the current form of OBA Agreement until such time as either: (i) Enbridge and the open bill issue participants agree on an updated form of OBA Agreement; or (ii) the Board makes a determination on any outstanding issues related to the OBA Agreement.
The terms of the OBA Agreement that governs the relationship between Enbridge and Billers are being discussed between Enbridge and the open bill issue participants.
In the event that no agreement can be reached, then these parties may ask the Board to consider and determine issues related to the terms of the OBA Agreement, as contemplated in Procedural Order No. 4.
Appendix B to the OBA Agreement, the Billing Fee Adjustment, is to be modified so that it is based on the annual percentage change in CPI, All Items, as published by Statistics Canada to a maximum amount equal to two and one half percent (2.5 percent) of the aggregate Billing Fees paid or payable.
Please confirm that the Company’s proposal for non-recourse against the Biller shall apply only to those customers identified as subject to the Minimum Credit Rating specified in the OBA Agreement.
The current form of OBA Agreement provides for annual increases in Billing Fees not to exceed one-half of the annual change in CPI, to a maximum of 2% per year.
The Environment Drainage Reserve has been created to earmark the funding received from central government for the preparation of surface water management plans.The Estates Reserve has been created to fund exceptional repairs and maintenance works across the GLA Estate, works undertaken at Parliament and Trafalgar Squares and the development of land and property schemes.The Interest Smoothing Reserve has been created to manage fluctuations in interest receipts.
Please outline the process for renewal of a one year OBA Agreement.
Third, the Company propose to update the OBA Agreement to address the scenario where a Biller is terminated, and customer refund requests to Enbridge related to that Biller continue after the final billing.
As required by the 2013 OBA Settlement, Enbridge is proposing a Verification Call requirement within the OBA Agreement to confirm the validity of new contracts between Billers and customers.