Revenue Credit definition

Revenue Credit means the amount determined in accordance with the Trust Agreement by which the fee offsets specified in the Trust Agreement exceed the recordkeeping fees described in such Trust Agreement.
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Revenue Credit means revenue in excess of the Transportation Revenue.
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Revenue Credit means the present value of future state
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Examples of Revenue Credit in a sentence

  • The developer requesting the basic distribution system shall pay any amount by which the Construction Cost exceeds the estimated Revenue Credit (based on a two-year term) from the development, plus any estimated abnormal installation costs as determined by the Company.

  • Credit Base Revenue: Credit Base Revenue shall be equal to the funded base credit FTES rate subject to cost of living adjustments (COLA) if funded by the State.

  • Present Value of the incremental net revenue expected from the Customer for ten (10) years using a discount rate determined by the Water Utility, where Incremental revenue is the estimated gross revenue less the variable cost for water, meter reading, billing, and other incremental operating costs associated with serving a Customer.The Standard Revenue Credit can be found in Table 4.

  • If a Revenue Credit is payable to the Plan, the Trustee shall pay such amount to a Revenue Credit Account on a quarterly basis to be used in the manner specified in this Section.

  • The Plan Manager may direct the Trustee to use amounts held in the Revenue Credit Account to reimburse the Company for expenses described in Section 12.08, or to pay such vendors, including the Trustee or third parties, directly in accordance with this Section and the terms set forth in the Trust Agreement.

  • Upon receipt of payment instructions in good order from the Plan Manager, the Trustee shall redeem shares or units of investment options held in the Revenue Credit Account necessary to make such payments, and shall issue payment as soon as administratively feasible thereafter.

  • The Plan Manager shall provide direction to the Trustee when the Plan Manager wishes to use amounts held in the Revenue Credit Account for the payment of Plan expenses or allocation to Participants in the manner determined by the Trustee.

  • Provided, however, any Availability Credits earned pursuant to the provisions of Market Rule 1, Section III.13.7.2.7.1.4 shall be ignored for calculating the Revenue Credit and shall inure to the benefit of the Owner, subject to the maximum earnings provision of Schedule 3, Part 1.

  • Any revenues related to the Resource that have not been settled by ISO (including from bilateral agreements, emission credits, release of firm transportation arrangements, sale of surplus equipment etc.), less any incremental costs directly related to securing additional revenue that are not already accounted for in the Annual Fixed Revenue Requirement or Stipulated Variable Costs, will be included in the Revenue Credit.

  • The Revenue Credit shall include the FCA Payment as it has been adjusted for Peak Energy Rent and Availability Penalties in the normal FCA settlement.


More Definitions of Revenue Credit

Revenue Credit means the revenue from the Plan’s Investment Funds if any, that are held in the Revenue Credit Account within the Plan and that remain after the payment of Plan expenses. Periodically, all revenue credits remaining, if any, after the payment of Plan expenses will be reallocated to all eligible Plan participants existing accounts on an ongoing basis.
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Revenue Credit has the meaning set forth in Section 5.20(b).
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Related to Revenue Credit

  • Service Credit means the periods of time for which the required contributions have been made to

  • Eligible Credit Support means Eligible Collateral and Other Eligible Support.

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.