Stranded Costs means all costs incurred by NCPA in providing Services to Contracting Members under this Agreement that could not reasonably be avoided by NCPA from the date it receives a written Notice of Termination. Such costs may include, but not be limited to, salary and employment costs, rent, utilities, or contracts incurred to provide Services under this Agreement. In this regard, Contracting Members acknowledge that NCPA will be entering into professional services agreements with third persons under the terms of this Agreement, and that sums owing to such third persons may become Stranded Costs upon termination of this Agreement.
Stranded Costs means costs, liabilities, and investments, such as uneconomic assets, that electric utilities would reasonably expect to recover if the existing regulatory structure with retail rates for the bundled provision of electric service continued and that will not be recovered as a result of restructured industry regulation that allows retail choice of electricity suppliers, unless a specific mechanism for such cost recovery is provided. Stranded costs may only include costs of:
Stranded Costs means that portion of generation assets, generation-related regulatory assets or long-term contract costs determined by the authority in accordance with the provisions of subsections (e), (f), (g) and (h) of this section;
Examples of Stranded Costs in a sentence
The Final Rule entitled Promoting Wholesale Competition Through Open Access Non-discriminatory Transmission Services by Public Utilities; Recovery of Stranded Costs by Public Utilities and Transmitting Utilities, issued by the Commission on April 24, 1996, in Docket Nos.
Any such claim for Stranded Costs by AEP shall be net of the present value of any incremental transmission revenue that AEP will receive by providing transmission or local delivery service to other customers using the transmission or local delivery capacity freed up by the Customer's load change.
The Stranded Cost Recovery Charge (SCRC) is the portion of the unbundled retail delivery service bill that is a non-bypassable charge as provided by RSA 369-B:4,IV and RSA 374-F:3, XII to recover the portion of the Company’s Part 1 and Part 2 Stranded Costs that are allowed by the Settlement Agreement.
The SCRC include the RRB Charge defined in RSA Chapter 369-B, over- market or under-market IPP and Power Purchase Agreement costs, Non-Securitized Stranded Costs, and other costs and expenses allowed or as authorized by the Commission.
In the event of an early termination, Contracting Members shall pay NCPA for all fees and costs required under this Agreement through the effective date of their Notice of Termination plus all Stranded Costs.
More Definitions of Stranded Costs
Stranded Costs shall have the meaning set forth in Section 4.1(b).
Stranded Costs means [*].
Stranded Costs means any direct costs and expenses resulting from pre-existing obligations to third parties, to the extent that such costs or expenses are not otherwise recoverable from Recipient due to early termination of a Service, and to the extent such costs or expenses (x) relate to the period between the effective date of an early termination of a Service and the date on which such Service had originally been scheduled to terminate, including all pre-existing payment obligations that relate to such period that cannot be terminated, and/or (y) relate to any penalties, fees or other costs or expenses paid to third parties which would not have been incurred but for the early termination or partial termination of such contract or obligation.
Stranded Costs means, with respect to any particular Service, the amounts identified as “Stranded Costs” for early termination, if any, in Annex I or Annex II, as applicable. Action Separation Agreement Additional Services Section 1.2(a) Affiliate Separation Agreement Agreement Preamble Ancillary Agreements Separation Agreement Asset Transfer Agreement Recitals Change Section 1.2(b) Change Request Section 1.2(b) Consents Section 1.1(d) Contract Separation Agreement Cutover Section 1.1(e) Cutover Plan Section 1.1(e) Distribution Separation Agreement Early Termination Notice Section 3.3 Effective Date Preamble Expenses Section 2.1 Fees Section 2.1 Force Majeure Event Section 7.1 Law Separation Agreement Liabilities Separation Agreement Party(ies) Preamble Payee Section 2.3 Payor Section 2.3 Person Separation Agreement Project Managers Section 1.1(f) Separation Recitals Separation Agreement Recitals Service Modification Section 1.2(a) Service Standards Section 1.3(a) Service Managers Section 1.1(f) Service Taxes Section 2.3 Service Term Section 3.2 Services Section 1.1(a) Subsidiary Separation Agreement Tax Matters Agreement Separation Agreement TEN Preamble TEN Business Separation Agreement Term Section 3.1 Termination Services Section 3.5(a) TFMC Preamble TFMC Business Separation Agreement
Stranded Costs has the meaning given in Clause 2.7(a) (Stranded Costs);
Stranded Costs means (i) all substantiated fees payable to third parties for Approved non-cancelable contracts entered into, or as to those portions of existing agreements amended by Supplier with Approval on or after the Reference Date, to provide the Services, including leases and service contracts, and all reasonable termination or assignment fees payable in connection with the termination or assignment to Gap of any such contracts (“Stranded Contracts”), (ii) the substantiated cost of any assets, less depreciation, purchased by or placed into service by Supplier after the Reference Date solely for use in the performance of the Services (“Stranded Assets”), (iii) actual and substantiated salary, redeployment and severance costs paid, not to exceed * compensation (salary and benefits), for Supplier Personnel during the period they are not re-deployed as a result of termination under this Agreement, and (iv) those Transition Fees and Unrecovered Transition Costs (as defined in Exhibit C (Fees and Resource Baselines)) incurred through the effective date of termination, but not yet billed by Supplier and paid by Gap.
Stranded Costs means (i) charges in respect of prior utility investments or commitments in fossil-fueled and nuclear generating plants or operations, (ii) commitments for decommissioning fossil-fueled and nuclear generating plants or operations, (iii) charges with respect to contracts with non-utility generators for electric power and energy, (iv) charges in respect of prior utility investments or commitments in steam systems or operations and (v) charges with respect to contracts with non-utility steam suppliers.