Surplus revenue definition
Surplus revenue means revenue that exceeds:
Surplus revenue means the unspent revenue accumulated by the Association over time from Facility-Generated Revenue, also referred to from time to time between the parties as “retained earnings”;
Surplus revenue means the excess, if any, of the total fund balance over the required year-end balance.
Examples of Surplus revenue in a sentence
Surplus revenue generated due to irradiance or wind above the baseline will be placed in a reserve account that would be used to offset deficit years before a claim can be made under the guarantee (reducing the chances of a loss under the program).
More Definitions of Surplus revenue
Surplus revenue means the amount, if any, by which the distributable revenues exceed the total of
Surplus revenue means the excess, if any, of the total 47
Surplus revenue means the excess, if any, of the 11
Surplus revenue means the excess, if any, of the 15
Surplus revenue means the excess, if any, of the 18
Surplus revenue means the excess, if any, of the 20
Surplus revenue means any positive difference between the market revenue per MWh of electricity and the cap on market revenue of 180 EUR indexed to inflation rate per MWh of electricity provided for in Article 65a.