Distrigas definition
Examples of Distrigas in a sentence
The Distrigas Allocation Ratio for each such entity will then be applied to the total amount of common costs to determine the amount of common costs that will be allocated to each such entity.
The Distrigas Allocation Ratio will be recalculated annually, or as required due to acquisitions, divestitures or other similar types of transactions or regulatory requirements.
For the avoidance of doubt, the costs allocated through the Distrigas Method are based on actual costs recognized under U.S. generally accepted accounting principles and do not include a ▇▇▇▇-up or other element of profit.
That average will be the allocation ratio for each such entity (the "Distrigas Allocation Ratio").
The remaining unallocated direct costs and all indirect costs will then be allocated on the basis of a three-factor formula (the "Distrigas Method"), consistent with methods approved by the FERC.
The monthly invoice will be sent following completion of the Provider’s normal monthly financial reporting process, including completion of the Distrigas Method calculation.
The Distrigas Method provides for the allocation of common costs based on the average of the percentage of "gross plant and investment", "operating income" and "labor expense," as such terms are defined in FERC regulations of each company involved in the calculation.
The monthly invoice will be sent following completion of the Provider's normal monthly financial reporting process, including completion of the Distrigas Method calculation.
In general these costs will be assigned directly but where direct assignment is not practicable these costs will generally be assigned using a modified Massachusetts, Distrigas or other appropriate allocation method.
The Distrigas Method provides for the allocation of common costs based on the average of the percentage of “gross plant and investment”, “operating income” and “labor expense,” as such terms are defined in FERC regulations of each company involved in the calculation.