Total Monthly Costs definition
Examples of Total Monthly Costs in a sentence
Cost Share multiplied by the Reserve Fund cost component of Total Monthly Costs (as provided in Section 4.9.4 hereof) for such Month.
The budget approved by the Coordinating Committee and adopted by SCPPA pursuant to Section 5.4.1 of this Agreement not less than 30 days nor more than 60 days prior to the beginning of each Power Supply Year, including any amendments thereto, which shall show a detailed estimate of the Total Monthly Costs under the Power Sales Agreements and all credits, charges, revenues, income, or other funds to be applied to such costs, for and applicable to such Power Supply Year.
Notwithstanding the foregoing, the amount of each monthly Step-Up Invoice provided to a non-Defaulting Project Participant shall not exceed 100% of the aggregate amount that such non-Defaulting Project Participant was billed with respect to Total Monthly Costs in its Billing Statement for the Month preceding such monthly Step- Up Invoice.
Cost Share multiplied by the Reserve Fund cost component of Total Monthly Costs (as provided in Section 4.8.3 hereof) for such Month.
Cost Share multiplied by the Operating cost component of Total Monthly Costs (as provided in Section 4.9.1 hereof) for such Month.
SCPPA shall apply, as a credit against Total Monthly Costs, any receipts, revenues and other moneys received by SCPPA from surplus equipment, materials, supplies or assets relating to the Project sold prior to the date of Commercial Operation for the benefit of SCPPA (not otherwise applied as a credit against the Cost of Acquisition as provided in Section 4.4) and any other amounts to be so applied as provided in the Indenture.
The Coordinating Committee may recommend the adoption of an alternative Billing Statement billing methodology in connection with each Project Participant’s Billing Statement with respect to the Total Monthly Costs and the costs associated with any Project Agreement.
Total Monthly Costs may exceed one-twelfth of the Maximum Obligation of the Contract, provided such payment is approved by the County as described in the following sentence.
The Supplementary Services cost component of the Total Monthly Costs shall also entail all monthly costs incurred by SCPPA, if any, which are necessary to move or otherwise handle Purchaser’s Output Entitlement Share from its Designated Point of Delivery to one or more specified delivery point(s) as determined by Purchaser pursuant to Sections 9.2 and 9.5.
Costs (or the applicable portion thereof) of consultants and others employed or appointed by the Coordinating Committee to perform the duties required hereunder, to the extent the Coordinating Committee is authorized to so employ or appoint, shall be included in the Cost of Acquisition or Total Monthly Costs, as appropriate, and shall be billed to SCPPA or the Project Manager (if other than SCPPA).