Power Credit definition

Power Credit. As used herein, the term “power credit” shall mean the net value accruing to the State from revenues derived from the sale or other disposal of electrical energy generated in connection with operation of initial project conservation facilities after deducting from said revenues the amount necessary to repay the investment properly chargeable to energy generation and for operation, maintenance, and replacement of the electrical generation facilities. The power credit per acre-foot of water shall be computed in accordance with the following formula: Where: c1 (1 + i) —1 + c2 (1 + i) —2 + . . . + cn (1+ i) —n e1 (1+ i ) —1 + e2 (1 + i) —2 + . . . + en (1 + i) —n
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Power Credit. As used herein, the term “power credit” shall mean the net value accruing to the State from revenues derived from the sale or other disposal of electrical energy generated in connection with operation of initial project conservation facilities after deducting from said revenues the amount necessary to repay the investment properly chargeable to energy generation and for operation, maintenance, and replacement of the electrical generation facilities. The power credit per acre-foot of water shall be computed in accordance with the following formula: 2
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Examples of Power Credit in a sentence

  • The Corporation will, upon receipt of proper authorization from any employee in the bargaining unit, provide payroll deductions for the Jet Power Credit Union Limited in accordance with the agreement with that Credit Union.

  • Funds from deposits of checks drawn on Utah Power Credit Union will be available on the business day following the day of your deposit.

  • All Domestic Subsidiaries of APW, Ltd., ------------------- other than Applied Power Credit Corporation and any of the Dissolution Subsidiaries, shall provide or reaffirm existing guaranties.

  • Applied Power Credit Corporation (the "Receivables Subsidiary"), APW North America, Inc.

  • The Corporation s h a l l upon receipt of proper authorization from any employee in the Bargaining Unit provide payroll deductions f o r the Jet Power Credit Union Limited i n accordance with the agreement with t h a t Credit Union.

  • Accounts with credit limits that are higher than the Suggest Decision Power Credit Limit will be identified as credit limit exceptions using an Account Classification Code in STOREnet.

  • The Corporation shall, upon receipt of proper authorization from any employee in the Bargaining Unit, provide payroll deductions for the Metro Power Credit Union Limited in accordance with the agreement with that Credit Union.

  • The Project Companies acknowledge and agree that the aggregate principal balance of the outstanding Obligations under the Original Credit Agreements as of the date hereof was not less than $1,463,155,034, of which $685,371,540 was outstanding under the Union Power Credit Agreement and $777,783,494 was outstanding under the Gila River Credit Agreement.

  • To the extent that the Guarantor is required to provide any notice, certificate or other information hereunder and such notice, certificate or other information is provided to each of the Minnesota Power Banks pursuant to the Minnesota Power Credit Facility within the time and in proper form, if any, specified herein for the providing of such information, than the Guarantor shall be deemed to have satisfied its obligation hereunder to provide such notice, certificate or other information.

  • Unless otherwise defined herein, capitalized terms used in this Agreement shall have the meanings set forth in, as may be applicable, (i) Exhibit A of the Union Power Credit Agreement; (ii) Exhibit A of the Gila River Credit Agreement; (iii) Article I of the Union Power Undertaking; and (iv) Article I of the Gila River Undertaking.

Related to Power Credit

  • Lender credit card means a credit card issued by a lender.

  • Customer Credit Liabilities means at any time, the aggregate remaining value at such time of (a) outstanding gift certificates and gift cards of the Borrowers entitling the holder thereof to use all or a portion of the certificate or gift card to pay all or a portion of the purchase price for any Inventory, and (b) outstanding merchandise credits of the Borrowers.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

  • FTR Credit Limit means the amount of credit established with PJMSettlement that an FTR Participant has specifically designated to be used for FTR activity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.