Examples of Service Charge in a sentence
Seller shall pay a Monthly Interconnection Service Charge as specified in Schedule E in order to reimburse EKPC and Inter-County Energy for any transmission, operational, maintenance and administrative costs related to the ongoing usage, operation and maintenance of the Interconnection Facilities that would not have been incurred by either of them if EKPC and Inter- County Energy did not engage in interconnected operation with the Seller.
The Service Charge is the greater of: (a) the sum of three-fourths of one percent (3/4 of 1%) per annum plus the Basis Adjustment to the Service Charge; and (b) three-fourths of one percent (3/4 of 1%) per annum; on the Withdrawn Credit Balance.
The Service Charge payable by the Recipient on the Withdrawn Credit Balance shall be equal to three-fourths of one percent (3/4 of 1%) per annum.
The Service Charge is applicable only to Credit (A) and is three-fourths of one percent (3/4 of 1%) per annum; on the amounts of Credit (A) withdrawn from the Credit Account of Credit (A).
QSC means the Quarterly Service Charge for use of a DS Offering, subject to the conditions set forth in the Agreement.