Examples of Transmission Network Use of System Charges in a sentence
If the Contract Information Pack indicates Transmission Network Use of System Charges are charged on a Pass Through Basis, you must pay our estimate of those charges for each whole or part Triad Period within the Term, before they are actually known.
Transmission Network Use of System Charges are set to recover the Maximum Allowed Revenue as set by the Price Control (where necessary, allowing for any Kt adjustment for under or over recovery in a previous year net of the income recovered through pre-vesting connection charges).
However, the User further acknowledges that The Company consulted with the User prior to the NETA Go-live Date on Transmission Network Use of System Charges to apply from the NETA Go-live Date until the end of the Financial Year in which the NETA Go-live Date occurred.
The User hereby agrees to pay Transmission Network Use of System Charges in respect of the Financial Year in which the NETA Go-live Date occurred in accordance with the principles notified by The Company prior to the NETA Go-live Date.
Such statement shall specify the Actual Amount and the Notional Amount of generation related Transmission Network Use of System Charges for each month during the relevant Financial Year and, in reasonable detail, the information from which such amounts were derived and the manner in which they were calculated.
This section describes the data exchange process between The Company and the User, which is required so that The Company can regularly publish the forecast annual revenue used in the calculation of Transmission Network Use of System Charges over a five year period, so that parties that pay Transmission Network Use of System Charges can understand future changes.
Where The Company proposes a change to the Transmission Network Use of System Charges, Short Term Access Products Charges and/or Entry Overrun Charges then it shall notify the User as soon as practicable after the proposal is made to the Authority pursuant to the Transmission Licence.
If the Contract Information Pack indicates any Transmission Network Use of System Charges are charged on a Pass Through Basis, you must pay those TNUoS Charges in accordance with this provision 7.1.3:You must pay the TNUoS Banded Charges applicable to you during the Term.
Such statement shall specify the Actual Amount and the Notional Amount of Demand related Transmission Network Use of System Charges for each month during the relevant Financial Year and, in reasonable detail, the information from which such amounts were derived and the manner in which they were calculated.
Under Paragraphs 9.23 and 9.24 where no data is provided by the User or the data is subject to dispute, The Company shall use, for the purposes of calculating or forecasting the Transmission Network Use of System Charges, the data that it believes to be the most accurate until The Company is satisfied with the data provided or any dispute has been resolved.