Regulatory Asset Base definition
Regulatory Asset Base means the regulated assets of the Group the value of which is determined by reference to the net capital invested in assets (capitale investito netto) as calculated by reference to applicable ARERA Regulations and on the basis of which gas transportation, storage, regasification, distribution tariffs are determined by ARERA;
Regulatory Asset Base means the network assets of a transmission system operator, distribution system operator, hydrogen transmission network operator and hydrogen distribution network operator used for the provision of regulated network services that are taken into account when calculating network-related service revenue;
Regulatory Asset Base has the meaning given in the Access Undertaking.
Examples of Regulatory Asset Base in a sentence
The Company must ensure that on the last day of each Measurement Period, Total Net Debt does not exceed 85% of its Regulatory Asset Base.
We confirm that as at [relevant testing date], Regulatory Asset Base was [—] and Total Net Debt was [—]; therefore Total Net Debt does not exceed 85% of the Regulatory Asset Base.
We confirm that as at [relevant testing date] Regulatory Asset Base was [—] and Total Net Debt was [—]; therefore, Total Net Debt does not exceed an amount equal to 85% of the Regulatory Asset Base.
We confirm that as at [relevant testing date], Regulatory Asset Base was [ ] and Total Gross Debt was [ ]; therefore Regulatory Asset Base exceeded Total Gross Debt by [ ].
The Company must ensure that the Regulatory Asset Base will exceed Total Gross Debt by at least £150,000,000 at all times.
More Definitions of Regulatory Asset Base
Regulatory Asset Base means one of the regulatory asset bases identified at
Regulatory Asset Base means all network assets of a network operator used for the provision of regulated network services that are taken into account when calculating network related services revenue.
Regulatory Asset Base means at any date, the regulatory asset base of the Company for such date as last determined and notified to the Company by OFGEM (interpolated as necessary and adjusted for additions to the regulatory asset base and adjusted as appropriate for out-turn inflation / regulatory depreciation).
Regulatory Asset Base or “RAB” means the total cost to be depreciated over the economic life of the asset and shall include Capital Costs, lenders fees and commissions, interest during construction, the initial debt service reserve account value, development costs and any withholding tax applied and grossed up on interest paid to the lenders prior to the COD;
Regulatory Asset Base means the regulated assets of the Group the value of which is determined by reference to the net capital invested in assets (capitale investito netto) as calculated by reference to applicable AEEGSI Regulations and on the basis of which gas transportation, storage, regasification, distribution tariffs are determined by AEEGSI;
Regulatory Asset Base means in respect of any year, the regulatory asset base of the Relevant Issuer most recently published and as last determined and notified to the Relevant Issuer in respect of such year by the Great Britain Office of the Gas and Electricity Markets (Ofgem) or any successor of Ofgem (interpolated as necessary and adjusted for additions to the regulatory asset base of the Relevant Issuer and adjusted as appropriate for out-term inflation/regulatory depreciation in respect of the Relevant Issuer).
Regulatory Asset Base means the value of the net invested capital in distribution and metering assets of Relevant Concessions owned by the Issuer, its Subsidiaries and any other company in which the Issuer or any of its Subsidiaries has an equity interest at the Determination Date, as determined and/or approved by the Relevant Authority pursuant to the criteria, formulae and methods of calculation from time to time set forth under resolutions of the Relevant Authority implementing Article 14 of Legislative Decree No. 164 of 23 May 2000 (as amended, supplemented or re-enacted from time to time) or such other equivalent amount as may apply from time to time, provided that: