Deem definition
Deem means, “to consider, think, or judge.” BLACK’S LAW DICTIONARY 446 (8th ed. 2004).
Deem its ASC equal to BPA’s PF Exchange rate pursuant to the ▇▇▇▇▇▇ provisions of its 1981 RPSA with BPA. The accumulation of the ▇▇▇▇▇▇ principal balance was a function of Avista’s exchange load multiplied by the difference between Avista’s ASC and the PF Exchange rate. Although the PF Exchange rate is determined in part by BPA’s costs, these costs are not “costs BPA incurred in supplying power to serve Avista’s loads,” and even if they were, other factors are material to the determination of the PF Exchange rate. Avista’s ASC, the other half of the cost difference calculation used to determine the ▇▇▇▇▇▇ principal balance, has no relation to BPA’s costs. Even if one assumed some relationship between Avista’s ▇▇▇▇▇▇ principal balance and costs BPA “incurred in supplying power to serve Avista’s loads,” Avista’s ▇▇▇▇▇▇ balance as of 2002 has a material interest component that has no direct relationship whatsoever to BPA’s costs. Avista’s ▇▇▇▇▇▇ principal balance was accumulated from 1983 through 1987 and totals $33 million. The difference between this number and the $85.6 million beginning FY 2002 ▇▇▇▇▇▇ balance assumed in the WP-07 Supplemental Power Rate Case Final Proposal (see FY 2002- 2008 Lookback Study, Table 15.2, WP-07-FS-BPA-08 at 267) is almost $53 million of accumulated interest. The corresponding interest component in the proposed Settlement FY 2002 ▇▇▇▇▇▇ balance of $55 million is $22 million. Stated in percentage terms, 62 percent of the WP-07 Supplemental ▇▇▇▇▇▇ balance assumption and 40 percent of the Settlement ▇▇▇▇▇▇ balance is interest accumulated on a principal balance as of 1987. Because the factors that gave rise to Avista’s ▇▇▇▇▇▇ principal balance have at best a partial and very indirect relationship to BPA’s costs, and the interest component of the ▇▇▇▇▇▇ balance has no relationship whatsoever to BPA costs, BPA believes APAC’s assertion that the ▇▇▇▇▇▇ balance constitutes real costs that BPA was deemed to incur in supplying power to serve Avista's loads is without merit.
Deem type":"definition","offset":[217,221]},
More Definitions of Deem
Deem should be added after the second “time”
Deem type":"definition","offset":[410,414]},{"key":"necessary","type":"definition","offset":[415,424]},{"key":"purposes","type":"clause","offset":[456,464]},{"key":"appointment-as-attorney","type":"clause","offset":[479,502]},
Deem means ‘consider’