UNDER $10.00/UNIT $10.00 OR MORE/UNIT Contract Term 2.0% 3.0% First Extension Term 3.0% 3.0% Second and Third Extension Term(s) 3.0% 3.5% Fourth and Future Extension Term(s) 3.0% 4.0% The Royalties shall be remitted in accordance with Article 7.4 of this Agreement.
Time Extension shall have the meaning set forth in Clause 10.5;
Service Extension shall have the meaning set forth in Section 7.1(c).
Line Extension means the provision of facilities (including, but not limited to, poles, fixtures, wires, and appurtenances) necessary for delivering electrical energy from the point of origin to one or more of the customer's points of delivery. Facilities provided by the Company to maintain, protect, upgrade, or improve its overall distribution system (even if necessary due to a customer's load addition) are not considered part of a line extension.
REO Extension As defined in Section 3.16(a).
Extension Term means the time period defined in §2.C.