Client Companies definition
Examples of Client Companies in a sentence
The numerator of which is for a Client Company and the denominator of which is for all Client Companies (or specific Client Companies receiving the service allocated per this factor, if not all Companies are receiving the service.) This ratio will be determined annually and/or at such time as may be required due to a significant change in circumstances.
Used primarily for the allocation of costs incurred for system dispatch, fuel procurement and settlements, plant support, and planning services for those Client Companies that procure such services under this Service Agreement.
The amounts remaining after direct assignment shall be allocated among the Client Companies using the methods identified in Appendix A.
Section 2.2 It is the intent of this Service Agreement that charges for services shall be distributed among Client Companies, to the extent possible, based upon direct assignment.
The denominator of which is for all Client Companies and affected affiliate companies.
The numerator of which is for a Client Company and the denominator of which is for all Client Companies.
Service Company and Client Company have entered into this Service Agreement whereby Service Company agrees to provide and Client Company agrees to accept and pay for various services as provided herein at cost, with cost determined in accordance with applicable rules and regulations under the Act, which require Service Company to fairly and equitably allocate costs among all associate companies to which it renders services (collectively, the "Client Companies"), including Client Company.
Direct costs are defined as costs that can be identified as being applicable to services performed for a single Client Company or group of Client Companies.
This Agreement shall be effective as of the Effective Date, and shall continue in full force and effect with respect to Servicer and all Client Companies until terminated with respect to any or all Client Companies in accordance with Section 12.
Amounts that cannot be directly assigned will be allocated to Client Companies by means of equitable allocation formulae or clearing accounts.