Net Investment. “Net Investment” is the quantity that is determined as follows: Net Investment = Gross Plant Investment - Depreciation Reserve + CWIP + PHFU - ADIT + Working Capital where the quantities appearing in the foregoing equation are defined hereinafter below. In determining Net Investment hereunder, each component thereof, other than Cash Allowance, shall be determined as the end-of-year balances in the Accounts specified for the relevant Cost Year.
Appears in 5 contracts
Samples: Service Agreement, Service Agreement, Service Agreement
Net Investment. “Net Investment” " is the quantity that is determined as follows: Net Investment = Gross Plant Investment - Depreciation Reserve + CWIP + PHFU - ADIT + Working Capital where the quantities appearing in the foregoing equation are defined hereinafter below. In determining Net Investment hereunder, each component thereof, other than Cash Allowance, shall be determined as the end-of-year balances in the Accounts specified for the relevant Cost Year.
Appears in 1 contract
Samples: Must Run Service Agreement
