Common use of Accounting Practice Clause in Contracts

Accounting Practice. Generally accepted utility accounting principles, in accordance with (i) the Federal Power Commission’s “Uniform System of Accounts Prescribed for Public Utilities and Licensees (Class A and Class B)” in effect on January 1, 1974 or (ii) the “Uniform System of Accounts Prescribed for Electric Borrowers of the Rural Electrification Administration” in effect on January 1, 1974, and as the respective system of accounts may be amended from time to time.

Appears in 2 contracts

Sources: Participation Agreement (Basin Electric Power Cooperative), Participation Agreement (Tri-State Generation & Transmission Association, Inc.)

Accounting Practice. Generally accepted utility accounting principles, in accordance with (i) the Federal Power Commission’s “'s "Uniform System of Accounts Prescribed for Public Utilities and Licensees (Class A and Class B)", in effect on January 1, 1974 or (ii) the “Uniform System of Accounts Prescribed for Electric Borrowers of the Rural Electrification Administration” in effect on January 1, 19741970, and as the respective such system of accounts may be amended from time to time.

Appears in 1 contract

Sources: Co Tenancy Agreement (Pinnacle West Capital Corp)