Tolling Method Gain definition

Tolling Method Gain means the amount or schedule of amounts determined pursuant to Section 4.8.5 or 4.8.6, as applicable.
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Tolling Method Gain means, for a Tolling Method Change, an amount equal to the difference of (a) the Net Present Value of the Distributions to be made over the remaining Term following such Tolling Method Change, as projected immediately prior to the effectiveness thereof, minus (b) the Net Present Value of the Distributions to be made over the remaining Term following such Tolling Method Change, as projected immediately prior to the effectiveness thereof; but in no event less than zero.
Sample 1
Tolling Method Gain means the amount or schedule of amounts determined pursuant to Section 4.8.2(a) or (b). [For clarity, if TxDOT grants Developer permission to use Image-Based Billing as a result of a Compensation Event described under clause (u) of the definition of “Compensation Event” (as contemplated by the proviso in Section 10(a) of Exhibit 10), the Tolling Method Gain shall be determined after taking into account the deficiency, if any, caused by the lack of HCTRA interoperability.]
Sample 1

Examples of Tolling Method Gain in a sentence

  • In the event TxDOT requires Developer to toll the Toll Lanes in Dynamic Mode pursuant to Section 7(a)(ii) of Exhibit 10, Developer shall deliver Developer’s calculation of the anticipated Tolling Method Gain as described above.

  • Developer shall include with such request Developer’s calculation of the anticipated Tolling Method Gain and any back-up documentation for its calculation, including at a minimum a true and complete copy of a preliminary traffic and revenue study and analysis showing the projected effects (including data on past Toll Revenues and projected future Toll Revenues with and without the potential Tolling Method Change) and a reasonably detailed statement quantifying such effects.

  • In determining whether to permit a Tolling Method Change, XxXXX may consider, among other things, whether TxDOT agrees with Xxxxxxxxx’s calculation of the Tolling Method Gain or the traffic and revenue study and whether TxDOT determines the Tolling Method Gain to be sufficient compensation to TxDOT to permit the Tolling Method Change.

  • If TxDOT permits a Tolling Method Change, Xxxxxxxxx agrees to pay to TxDOT 50% of any Tolling Method Gain resulting therefrom.


More Definitions of Tolling Method Gain

Tolling Method Gain means, for a Tolling Method Change, an amount equal to the difference of (a) the Net Present Value of the Net Revenue Payments to be made over the remaining Term following such Tolling Method Change, as projected immediately prior to the effectiveness thereof, minus (b) the Net Present Value of the Net Revenue Payments to be made over the remaining Term prior to such Tolling Method Change, as projected immediately prior to the effectiveness thereof; but in no event less than zero. [For clarity, if TxDOT grants Developer permission to use Image-Based Billing as a result of a Compensation Event described under clause (u) of the definition of “Compensation Event” (as contemplated by the proviso in Section 10(a) of Exhibit 10), the Tolling Method Gain shall be determined after taking into account the deficiency, if any, caused by the lack of HCTRA interoperability.]
Sample 1

Related to Tolling Method Gain

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Payment Method means a payment method that Stripe accepts as part of the Stripe Payments Services (e.g., a Visa credit card, Klarna).

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Prior Year means the year commencing 1 April immediately prior to the relevant Charging Year;

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Member Minimum Gain means an amount, with respect to each Member Nonrecourse Debt, equal to the Company Minimum Gain that would result if such Member Nonrecourse Debt were treated as a Nonrecourse Liability, determined in accordance with Regulations Section 1.704-2(i)(3).

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.