Administration Charge definition
Examples of Administration Charge in a sentence
An Administration Charge shall not be permitted to the extent that the Interconnected Transmission Owner’s other charges to the Interconnection Customer under the same Interconnection Service Agreement include an allocation of Interconnected Transmission Owner’s administrative and general expenses and/or other corporate overhead costs.
The Company will charge a Surplus Administration Charge (SAC) of 50% of the gross distributable surplus arising at the end of the financial year.
SECTION E - MINIMUM BILLS The minimum bill per month applicable to service under any particular Rate Schedule shall be the Customer Charge plus any applicable Contract Demand Charges for Delivery, Gas Supply Load Balancing, and Gas Supply and any applicable Direct Purchase Administration Charge, all as provided for in the applicable Rate Schedule.
The Company will charge a Surplus Administration Charge (SAC) of 50% of the gross distributable surplus arising from the Risk Fund at the end of the financial year.
In the event that an Administration Charge is due, as set forth on the Contract Specifications Page, Nationwide shall withdraw the amount of the charge from the Guaranteed Fund.