Definition of Estimation Test


Estimation Test means, in respect of any Settlement Period, the result (expressed as a percentage) of the following calculation (but never less than zero): ([DS + LDS - GDS] - A) / A, where: A equals (DE + NLDE); DE means the estimated Depreciation contained in the Estimation Report for such Settlement Period; NLDE means the aggregate estimated Net Loss on Dispositions contained in the Estimation Report for such Settlement Period; DS means Depreciation within such Settlement Period; LDS means Loss on Dispositions within such Settlement Period; and GDS means Gain on Dispositions within such Settlement Period.
Sample 1