Examples of Wind Down Costs in a sentence
As UPC would cease to exist once the divestiture of the power supply portfolio occurred, Variable Wind Down Costs were only eligible for recovery, with certain limited exceptions, through the date of divestiture which was expected to be July 1, 1999.
Paragraph 4.3 of the Settlement Agreement provided for the recovery of certain Wind Down Costs - defined as the variable and fixed costs incurred by Unitil Services Company (“USC”) and allocated to Unitil Power Corporation (“UPC”).
In those circumstances in which DXC is entitled to recover Wind Down Costs under this Agreement, DXC shall submit an estimate of the anticipated Wind Down Costs, together with ways in which such expenses may be mitigated or reduced, within thirty (30) days after the event triggering such Wind Down Costs.
Unitil also submitted a Post Hearing Legal Memorandum regarding recovery of Fixed Wind Down Costs as stranded costs, the consistency of the settlement with the mitigation requirements of RSA 374-F:3, and the jurisdiction of the Securities and Exchange Commission regarding allocation of service agreement costs among affiliated subsidiary companies of a utility holding company.
On October 30, 1998, the Commission submitted a record request to Unitil for a schedule of the specific items, by FERC subaccount, to be included in the Fixed Wind Down Costs.