DRC Charge definition

DRC Charge means the charges for fixed recovery amounts authorized to be billed to Consumers in respect of Recovery Property pursuant to the Financing Order and the Issuance Advice Letter, as calculated pursuant to the Issuance Advice Letter and each true-up mechanism advice letter relating to the DRC Charge filed with the CPUC pursuant to the Financing Order.

Examples of DRC Charge in a sentence

  • Resolutions may be prepared or presented to the Council at the request of two Councilmembers, the Chair of a Council Committee, the Mayor, orthe City Administrator.

  • PG&E’s supplement to AL 3727-E should reflect in rates the revenue requirement changes associated with PG&E’s annual DRC Charge true-up advice letter if PG&E files that advice letter by December 16, 2010.

  • The Statute provides for the exemption of certain Consumers or categories of Consumers from the DRC Charge.

  • The DRC charges shall be adjusted from time to time, at least annually, via the DRC Charge True-Up Mechanism in accordance with D.00-00-000.

  • To the best knowledge of the Seller, after reasonable investigation, no existing laws would exempt Consumers from the payment of the DRC Charge in a manner that would materially and adversely affect the Recovery Property or the holders of Bonds.

  • Effective DateIn accordance with Decision 04-11-015, these DRC charges shall be effective ___ days after filing of this Issuance Advice Letter, and will continue to be effective, unless they are changed by a subsequent DRC Charge True-Up Mechanism Advice Letter with respect to this series of Energy Recovery Bonds.

  • The asset that was sold is Recovery Property, a current property right that was created by Senate Bill 772 as a right to receive future revenues from a non-bypassable customer charge (the DRC Charge) that will cover debt service and all related ERB costs.

  • In Decision 00-00-000, dated July 21, 2005, the CPUC found that the Bay Area Rapid Transit District (“BART”) is exempt from the DRC Charge on all federal preference power and local publicly owned utility power purchased by and delivered to BART under Section 701.8. of the PU Code.

  • Update the Invoice Clause and DRC VAT Code• Review, recommend and apply update to standard clause 3• Create a new VAT code to be used to identify DRC Charge Types within invoices Detailed Design Summary The is a list of some of the key improvements been made to the Master List document but is not an exhaustive record of all changes as many cosmetic improvements were also made:1.

  • If Consumers are billed by entities other than the Servicer or an ESP, the Servicer shall request these other entities to bxxx those Consumers for the DRC Charge and to remit the DRC Charge revenues to the Servicer on behalf of those Consumers.

Related to DRC Charge

  • Monthly Charge shall have the meaning set forth in Article 5.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • operating charge means any amount charged to a client by a registered firm in respect of the operation, transfer or termination of a client’s account and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Legal Charge means the legal charge over the Land to be entered into by the Academy Trust in favour of the Secretary of State, in a form and substance satisfactory to the Secretary of State.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Non-Cash Charges has the meaning specified in the definition of the term “Consolidated EBITDA”.

  • Delivery Charge means the total amount charged to the Authorized User for shipment of the Vehicle(s) from the Delivery Origin to the location(s) designated by the Authorized User on Form A: Mini-Bid Request, and on the Purchase Order.

  • parking charge means the charge paid by drivers to leave a vehicle in a parking place;

  • Additional Charge means a charge in accordance with Canon’s Current Rate; Additional Services means any service in addition to the Services to be provided by Canon under clause 21; Business Day means a day that is not a Saturday, Sunday or public holiday in the place where the Products or Services are being supplied;

  • Access Charge has the meaning set out in Clause 6.1;

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;