Fixed Adder definition

Fixed Adder means Billing Price Determinants as submitted by ESCO that are based solely upon a fixed amount to be added to the Electricity Supply Cost that would have otherwise been charged to the same Customer if the Electricity Supply Service had been provided by NATIONAL GRID, to determine the Accounts Receivable, EXCLUSIVE of any applicable sales taxes imposed on ESCO’s revenues.

Examples of Fixed Adder in a sentence

  • Exhibit D shall contain the monthly Fixed Adder Component ($/kWh) and the monthly Capacity Component ($/kW-mo) for each month during the Term of Service.

  • Exhibit D shall contain the monthly Fixed Adder Component ($/kWh) for each month during the Term of Service.

  • In the event that ESCO selects a billing option that provides for a Fixed Adder, NATIONAL GRID shall apply the same Tariff surcharge(s) allowed under its Tariff to the resulting Electricity Supply Cost as would have otherwise been charged to the same customer if Electricity Supply Service had been provided by NATIONAL GRID, unless ESCO includes the Tariff surcharges in the Fixed Adder.

  • Revisions to the Fixed Adder submitted in accordance with the requirements of Section 2.3 shall be effective for purposes of calculating the Accounts Receivable under Section 2.1 as of the Effective Price Change Date.

Related to Fixed Adder

  • registered address of a shareholder means the shareholder’s address as recorded in the central securities register;

  • Authorized Address means (1) any Officially Designated address to which redemption proceeds may be sent, (2) any address designated in writing (not to include Electronic Transmission) by the Shareholder of Record and received by the Insured at least one (1) day prior to the effective date of such designation, or (3) any address designated by voice over the telephone or by Electronic Transmission by the Shareholder of Record at least 15 days prior to the effective date of such designation.

  • recorded address means in the case of a shareholder his address as recorded in the securities register; and in the case of joint shareholders the address appearing in the securities register in respect of such joint holding or the first address so appearing if there is more than one; and in the case of a director, officer, auditor or member of a committee of the board his latest address as recorded in the records of the Corporation;

  • Pricing Page means the pages, contained in wvOASIS or attached as Exhibit A, upon which Vendor should list its proposed price for the Contract Items.

  • Final Terms means the final terms specifying the relevant issue details of the ETP Securities.