Examples of Billing Period in a sentence
At the end of each Billing Period, the total of the Daily Remittances for such Billing Period are summarized and reported to the Indenture Trustee.
Each Billing Period, a file is created from the billing systems containing the prior Billing Period’s billing data (i.e. Securitization Rate Class, total charges billed and total Securitization Charges billed).
For an entire Billing Period, the total Billed Securitization Charges for each Securitization Rate Class are divided by the total charges billed by the Servicer (and Consumers Energy) for each Securitization Rate Class, creating the “Securitization Ratio” for each such Securitization Rate Class.