Billing Year definition

Billing Year means the calendar year that bills are sent. The first billing year shall be from January 1, 1989 through December 31, 1989.

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Billing Year means a Fiscal Year comprised of twelve (12) Billing Months, except that (a) the first Billing Year shall commence on the Actual Commercial Operation Date and end on the immediately succeeding June 30, and (b) the last Billing Year shall end concurrently with the end of the Term, or as applicable, the date of termination or expiration of this Agreement.

Billing Year means the period of time from October 1 of one year to September 30 of the following year.

Examples of Billing Year in a sentence

• On or before the anniversary of each Billing Year following the Actual Commercial Operation Date, Seller shall document the transfer of Environmental Attributes to Purchaser hereunder by executing and delivering to Purchaser an attestation of Environmental Attributes transferred under this Agreement in the preceding Billing Year.

• If the aggregate hours for Outages exceed the Outage Allowance in a given Billing Year, the Parties shall reasonably estimate in good faith the amount of Output that would have been delivered to and purchased by Purchaser during such excess Outages, and Purchaser shall pay Seller for such amount in accordance with this Agreement.

• Purchaser shall deliver Notice to Seller of its intent to exercise the Purchase Option at least ninety (90) Days prior to the end of the applicable Billing Year or the Initial Term or Extended Term, as applicable.

• The Output Guarantee in any Billing Year shall be reduced by the amount (in kWh), as reasonably estimated by the Parties, of Electricity that Seller was unable to produce and sell to Purchaser as a result of (i) a Force Majeure Event, (ii) a curtailment by Purchaser in excess of the Outage Allowance, or (iii) other actions of Purchaser.

• Beginning on the Actual Commercial Operation Date and during each Billing Year throughout the Term, Seller guarantees to deliver Output to Purchaser not less than ninety percent (90%) of the Annual Contract Quantity (in kWh) for such Billing Year, as adjusted by the Site Adjustment Factor (the “Output Guarantee”).

More Definitions of Billing Year

Billing Year means the Fiscal Year for which British Columbia is invoicing Canada or Ucluelet First Nation;

Billing Year means a Fiscal Year comprised of twelve (12) Billing Months, except that

Billing Year means each calendar year during the Term of this Agreement, except that (a) the first Billing Year shall commence on the Delivery and Purchase Commencement Date and end on the first December 31st following such date and (b) the last Billing Year shall end at the end of the Term, or if applicable, upon the earlier termination of this Agreement.

Billing Year means January 1 through December 31, or such other dates which coincide with Tri-State's Billing Year for its Class A members.

Billing Year means the calendar year that bills are sent through the property tax statement.

Billing Year means a twelve-month period commencing on January 1 and ending on December 31; provided however, that (a) the first Billing Year shall commence on the commencement Date and shall end on the immediately succeeding December 31, and (b) the last billing Year shall end on the last day of the Term of this Agreement. Any computation made on the basis of a Billing Year shall be adjusted to take into account any Billing Year of less than twelve (12) months.

Billing Year means May 1 to April 30 of each calendar year. Any computation made on the basis of a Billing Year will be adjusted on a pro rata basis to take into account any Billing Year of less than 365 or 366 days, whichever is applicable.