Value of capital contributions definition

Value of capital contributions means the value of capital contributions received or expected to be received by an EDB in respect of the cost of assets accumulated during the construction phase of a project that creates a new network asset, and is determined in accordance with clause 2.2.11(1)(h) of the IM determination and allocated to the electricity distribution services in accordance with the allocation of the regulated service asset values set out in clause 2.1.1 of the IM determination Value of vested assets means the consideration incurred or expected to be incurred by an EDB in respect of vested assets that are or are expected to be accumulated during the construction phase of a project that creates a new network asset, and is determined in accordance with clause 2.2.11(1)(i) of the IM determination and allocated to the electricity distribution services in accordance with clause 2.1.1 of the IM determination Vegetation management in relation to expenditure, means operational expenditure where the primary driver is the need to physically fell, remove or trim vegetation (including root management) that is in the proximity of overhead lines or cables. It includes expenditure arising from the following activities- inspection of affected lines and cables where the inspection is substantially or wholly directed to vegetation management (e.g., as part of a vegetation management contract). Includes pre-trim inspections as well as well as inspections of vegetation cut for the primary purpose of ensuring the work has been undertaken in an appropriate manner; liaison with landowners including the issue of trim/cut notices, and follow up calls on notices; the felling or trimming of vegetation to meet externally imposed requirements or internal policy, including operational support such as any mobile generation used during the activity. The following activities and related costs are excluded from this category- general inspection costs of assets subject to vegetation where this is not substantially directed to vegetation management (include in routine and corrective maintenance and inspection); costs of assessing and reviewing the vegetation management policy (include in system operations and network support); data collection relating to vegetation (include in system operations and network support); the cost of managing a vegetation management contract, except as stated above (include in system operations and network support); emergency work (include in service interruptions and emergencies) ...
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Value of capital contributions means the value of capital contributions received by a GTB and accumulated during the construction phase of a project that creates a new network asset, determined in accordance with clause 2.2.11(1)(h) of the IM determination and allocated to the gas transmission services in accordance with the allocation of the regulated service asset values set out in clause 2.1.1 of the IM determination Value of vested assets means the consideration incurred by a GTB and accumulated during the construction phase of a project that creates a new network asset, determined in accordance with clause 2.2.11(1)(i) of the IM determination Vector means Vector Limited
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Value of capital contributions means the value of capital contributions received by a GDB and accumulated during the construction phase of a project that creates a new network asset, determined in accordance with clause 2.2.11(1)(h) of the IM determination and allocated to the gas distribution services in accordance with the allocation of the regulated service asset values set out in clause 2.1.1 of the IM determination Value of vested assets means the consideration incurred by a GDB and accumulated during the construction phase of a project that creates a new network asset, determined in accordance with clause 2.2.11(1)(i) of the IM determination and allocated to the gas distribution services in accordance with clause 2.1.1 of the IM determination Valve means a fitting installed in a pipeline designed to control the flow of gas W Works under construction means- in relation to unallocated works under construction, the value of calculated using the following formula: where- = unallocated works under construction - preceding disclosure year; = unallocated RAB capital expenditure; = unallocated RAB assets commissioned; and = adjustment resulting from asset allocation; in relation to allocated works under construction, the value (as determined in accordance with paragraph (a)) which was allocated to gas pipeline services in accordance with clause 2.1.1 of the IM determination
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Related to Value of capital contributions

  • Capital Contributions means, with respect to any Member, the amount of money (US Dollars) and the initial Gross Asset Value of any assets or property (other than money) contributed by the Member (or such Member’s predecessor in interest) to the Company (net of liabilities secured by such contributed property that the Company is considered to assume or take subject to under Code Section 752) with respect to the Units in the Company held or purchased by such Member, including additional Capital Contributions.

  • Unreturned Capital Contributions means, as to each Member, the aggregate Capital Contributions made to the Company by such Member minus the aggregate distributions of such Capital Contributions made to such Member from the Company pursuant to Sections 3.2(b) and 6.2(a)(ii) hereof.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • Additional Capital Contributions shall have the meaning set forth in Section 5.3.

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Capital Contribution means any cash, cash equivalents or the Net Agreed Value of Contributed Property that a Partner contributes to the Partnership.

  • Cash Available for Distribution means the Available Cash other than Net Sales Proceeds.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.

  • Distributions means amounts payable in respect of the Trust Securities as provided in Section 4.1.

  • Regular contributions means the amounts required to be

  • Tax Distributions has the meaning set forth in Section 4.01(b)(i).

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Specified Spread Account Balance means on the Closing Date, % of the sum of the Pool Balance as of the [Initial] Cutoff Date and on any Payment Date thereafter the lesser of, (a) % of the [sum of (i) the] Pool Balance as of the [Initial] Cutoff Date [plus (ii) the aggregate Contract Value of all Subsequent Receivables sold to the Trust as of their respective Cutoff Dates] and (b) the outstanding principal amount of the Notes. However, if (A) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) will be reduced to % on such Payment Date and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Dates as provided in the following clauses (B), (C) or (D); (B) if the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Date in [Month] 20XX or any Payment Date thereafter and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (C) or (D); (C) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (D); and (D) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter, [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter. In addition to the ability to amend the “Specified Spread Account Balance” definition pursuant to Section 9.1(a) of the Indenture, the Specified Spread Account Balance may also be reduced or modified without the consent of the Holders of the Notes if the Rating Agency Condition is satisfied with respect to such reduction or modification.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Accumulated contributions means the sum of all

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Permitted Tax Distributions means, with respect to a Credit Party so long as it is taxable as a partnership or disregarded entity for United States federal income tax purposes, tax distributions to the owners of Equity Interests in such Credit Party (its “shareholders”) in an aggregate amount that does not exceed, with respect to any period, an amount equal to (a) the product of (i) the Applicable Tax Percentage, multiplied by (ii) such Credit Party’s federal taxable income, minus (b) to the extent not previously taken into account, any income tax benefit attributable to such Credit Party which could be utilized by its shareholders, in the current or any prior year, or portion thereof, from and after the Closing Date (including any tax losses or tax credits), computed at the Applicable Tax Percentage of the year that such benefit is taken into account for purposes of this computation; provided, however, that the computation of distributions under this definition shall also take into account (x) the deductibility of state and local taxes for federal income tax purposes and (y) any difference in the Applicable Tax Percentage resulting from the nature of the taxable income (such as capital gain as opposed to ordinary income, if applicable; provided, further, that, in the event (x) the actual distribution to a shareholder made pursuant to this definition exceeds the actual income tax liability of any such shareholder due to such Credit Party’s status as a partnership or “disregarded entity” for U.S. federal or other applicable income tax purposes, or (y) if such Credit Party is a subchapter C corporation, such Credit Party would be entitled to a refund of income taxes previously paid as a result of a tax loss during a year in which such Credit Party is a partnership or “disregarded entity” for U.S. federal or other applicable income tax purposes, then, such shareholder shall repay such Credit Party the amount of such excess or refund, as the case may be, no later than the date the annual tax return must be filed by such Credit Party (without giving effect to any filing extensions) and, in the event such amounts are not repaid in a timely manner by any, then such Credit Party shall not pay or make any distribution with respect to, or purchase, redeem or retire, any Equity Interest of such Credit Party held or Controlled by, directly or indirectly, such shareholder until such payment has been made.

  • Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Invested Amount less the Principal Funding Account Balance on such date of determination.

  • Capital Distribution means a payment made, liability incurred or other consideration given for the purchase, acquisition, redemption or retirement of any capital stock or other equity interest of any Company or as a dividend, return of capital or other distribution (other than any stock dividend, stock split or other equity distribution payable only in capital stock or other equity of the Company in question) in respect of any Company's capital stock or other equity interest.

  • Class B Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class B Invested Amount less the positive difference, if any, between the Principal Funding Account Balance and the Class A Invested Amount on such date.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.